Textiles Industry: Demand/Consumption, By Countries Market Report By 2030

 Textiles Industry Data Book | Forecast 2030

Textiles Industry Data Book - Household Textile, Technical Textile, Fashion Textile Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030

Grand View Research’s textile industry database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with an agricultural statistics e-book.


Access the Global Textiles Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies

 

Textile Market Report Highlights

The global textile market size is anticipated to reach USD 3,047.24 billion by 2030, registering a CAGR of 7.6% over the forecast period, according to a new report by Grand View Research, Inc.

  • In 2022, the fashion application segment accounted for the maximum revenue share and is likely to ascend at a significant CAGR during the forecast period

 

  • Rapidly changing fashion trends coupled with the demand for high-quality apparel in sports activities is likely to boost the segment growth

 

  • In 2022, Asia Pacific emerged as the largest regional market owing to the presence of large raw material-producing countries, such as China, India, Australia, and Japan

 

  • In North America, the revenue for the natural fibers product segment stood at USD 54.8 billion in 2022 and is anticipated to gain a higher share in the coming years due to the rising demand from the fashion, sports, and apparel industries

 

  • Prominent players in the market are establishing business units in the raw material-producing regions for easy procurement as well as low-cost labor

 

  • Moreover, supportive government policies, such as trade agreements and investment within the countries, are expected to influence the market

 

Order your copy of the Free Sample of “Textiles Industry Data Book - Household Textile, Technical Textile, Fashion Textile Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030”, published by Grand View Research

 

 

Technical Textile Market Report Highlights


The global technical textile market size is expected to reach USD 272.33 billion by 2030, registering a CAGR of 4.7% according to a new report by Grand View Research, Inc.

 

  • The 3D knitting manufacturing segment is likely to witness a CAGR of 3.8% over the forecast period owing to its stronger and more durable fabric nature

 

  • In 2022, the hometech technical textile end-user segment led the market and accounted for the largest revenue share of 19.50%. The segment is likely to ascend at a significant rate during the forecast period. Increasing consumer demand for aesthetically appealing clothing and apparel is expected to increase the product demand in the segment

 

  • In 2022, Asia Pacific emerged as the largest market and accounted for over 46.80% of the total revenue owing to the increasing industrial development in the region. Favorable government policies coupled with the abundant availability of raw materials are expected to draw higher growth from the region over the forecast period

 

  • In North America, the technical textiles demand stood at 7,696.3 kilotons in 2021 and is expected to ascend at a significant rate during the forecast time on account of increasing application in sports, construction, and medical and healthcare industries

 

  • Prominent players in the market are involved in various initiatives such as advancing healthcare infrastructure, partnership, and scientific research in collaboration with various healthcare institutions. Moreover, government support and policies within the respective countries are expected to influence the market on a positive note

 

Go through the table of content of Textiles Industry Data Book to get a better understanding of the Coverage & Scope of the study

 

 

Competitive Insights

 

The global textile industry is moderately competitive, with companies increasing their product portfolio and expanding their production capacity to serve the growing demand, particularly in emerging markets. However, the market's fragmented nature is expected to refrain investments by prospective companies over the forecast period. Furthermore, several companies, such as Invista, and Weiqiao Textile Co., Ltd. adopted expansion strategies to strengthen their market position and have a competitive edge over others.

 

The market players compete based on differentiation in technology, design, product innovation, and customer-centric products. The market also possesses various strengths such as flexibility, rich heritage, mass production capabilities, capital investment capabilities, high-performance machinery, value-added textile production, and strong R&D.

 

Check out more Industry Data Books, published by Grand View Research

 

About Grand View Research

 

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

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Grand View Research, Inc.

Phone: 1-415-349-0058

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Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com/sector-reports-list

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