The global Textile market was valued at US$ 828600 million in 2020 and is expected to reach US$ 1180860 million by the end of 2027, growing at a CAGR of 4.7% during 2021-2027.
Textile is a flexible material formed using various processes including weaving, knitting, crocheting, or felting. These materials find application for manufacturing a broad range of conventional as well as advanced finished goods used for bedding, kitchen, upholstery, construction, transportation, handbags, protective, medical, fashion, apparel, and clothing accessories.
Product innovation is expected to have a positive impact on the industry; for instance, the Runway of Dreams brand launched by apparel manufacturer Tommy Hilfiger in February 2016. Furthermore, a growing number of fashion retail outlets and supermarkets in developing economies, including China and India, owing to government support to promote investments is expected to increase the textiles demand in the near future.
Global Textile Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Textile Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are INVISTA, Lu Thai Textile Co. Ltd., Paramount Textile Group, Paulo de Oliveira, S.A., Successori Reda SpA, Shandong Jining Ruyi Woolen Textile Co Ltd., Sinopec Yizheng Chemical Fiber Company Ltd., China Textile (Shenzhen) Co. Ltd, Rhodia Polyamide, Honeywell International, Bombay Dyeing, Grasim Industries, Modern Woolens, Mayur, JCT Limited, BSL, Fabindia, Shandong Demian Incorporated Company, Shijiazhuang Changshan Textile Co Ltd, Weiqiao Textile Co Ltd, Dyed Melange Yarn Co Ltd, Lu Thai Textile Co Ltd, DBL Group, B.D. Group, IBENA Group and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-textile-market-outlook
Segment by Type
Segment by Application
- Fashion & Clothing
Table of Content:
1 Textile Market Overview
2 Textile Market Competition by Manufacturers
3 Textile Retrospective Market Scenario by Region
4 Global Textile Historic Market Analysis by Type
5 Global Textile Historic Market Analysis by Application
6 Key Companies Profiled
7 Textile Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Textile Market Dynamics
10 Global Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta