Textile Market By Product Type (Fiber, Yarn, Fabric, Finished Products), By Application (Fashion & Apparel, Home Textiles, Industrial Textiles, Medical Textiles, Automotive Textiles, Agricultural Textiles, Others), By Technology (Spinning, Weaving, Knitting, Finishing, Non-woven Technologies, 3D Textile Technology, Smart Textile Integration), By Raw Material (Natural Fibers, Synthetic Fibers, Blended Fibers), By End-user (Consumer, Commercial, Industrial, Defense & Military, Healthcare Institutions), Global Market Size, Segmental analysis, Regional Overview, Company share analysis, Leading Company Profiles And Market Forecast, 2025 – 2035

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What trends will shape Textile Market in the coming years?

The Textile Market accounted for USD 1.09 Tillion in 2024 and USD 1.14 Tillion in 2025 is expected to reach USD 1.74 Tillion by 2035, growing at a CAGR of around 4.35% between 2025 and 2035. The production, distribution, and retailing of fibres, yarns, fabrics, and completed goods in the textile industry are all included in the global textile market. Two broad areas cover cotton, wood, silk, synthetic materials, and other related products that include industrial and fashion uses. The market is of paramount importance in the economy of any nation, especially in those where there is a robust manufacturing industry. It comprises different sectors such as the apparel industry, the home furnishing industry, the technical textiles industry, and the nonwovens industry. The textile market continues to develop by responding to new challenges and opportunities created by consumer demand, technological trends, and sustainability.

What do industry experts say about the Textile market trends?

“Millennials are driving the rapidly growing movement for sustainable and ethical fashion.” Zaroff emphasizes the need for certified organic fibers, supply chain transparency, and systemic environmental accountability.

• Marci Zaroff, ECOfashion Pioneer; Founder/CEO, EcoFashion Corp; Co-creator, Global Organic Textile Standard (GOTS)

“Zero-waste garment design is not just minimalist aesthetics—it is systems thinking in textiles. It's about eliminating waste at the design stage and maximizing resource efficiency.”

• Holly McQuillan, PhD, Assistant Professor (Delft University), Zero-Waste Fashion Specialist

Which segments and geographies does the report analyze?

What are the key drivers and challenges shaping the Textile market?

Is rising urbanization fueling global textile consumption and demand?

Increased urbanisation is contributing greatly to the consumption and demand of textiles in the world. The migration into urban areas leads to a change of lifestyles and consumption of different products by people due to the change in needs, and this makes more varieties of textile products, including apparel, home furnishings, and technical textiles, in demand. Populations living in urban areas usually earn higher disposable income and are more exposed to fashionable styles, principles that spur increased clothing turnover and preference for diversified textile materials.

As per the United Nations Department of Economic and Social Affairs, the world was urbanised at over 56% as of 2020. Such fast urbanisation in developing economies is in tandem with the growing markets in textiles. Other facts that have been described by the U.S. Bureau of Economic Analysis, like the higher consumer spending on clothes and footwear in urban areas compared to rural areas, further give credit to the influence of urbanisation in terms of textile demand. Urbanisation is one of the major forces in the textile business, as it determines consumption habits and expands the total size of the markets.

Are government subsidies boosting textile manufacturing across emerging regions?

Government subsidies are really contributing hugely to the stimulation of textile production in the emerging regions. Several financial incentives (tax holidays, low-interest loans, and direct subsidies) have been presented by many governments in countries like India, Bangladesh, and Vietnam in an attempt to stimulate investment in textile infrastructure and technologies. The Indian Ministry of Textiles asserts that a major factor that has improved the production and efficiency of machinery in the textile industry is schemes such as the Technology Upgradation Fund Scheme (TUFS), which has ensured a growth rate of about 7-8% per annum in the textile sector in recent years.

The Vietnamese government also claims that the subsidisation of export-orientated textile companies has been causing constant growth of textile exports, which have increased by more than 10% in 2022, according to the Vietnam Ministry of Industry and Trade. Including the Bangladesh University of Textiles, make it a point that such subsidies help cut down the cost of production and improve competitiveness in international markets in spurring the growth of the industry. Overall, these government-sponsored financial incentives form a vital opportunity that helps emerging markets in strengthening their textile manufacturing capacities and gaining higher market share across the globe.

Do environmental regulations restrict synthetic textile expansion and operations globally?

The environmental laws do contribute to a large extent to limiting the growth and activities of the synthetic textile sector across the world. Increasing rates of pollution, waste management, and carbon emission due to the manufacturing of synthetic fibres, i.e., polyester and nylon, have prompted governmental regulations to be set around the world. The U.S. Environmental Protection Agency (EPA) regulates the disposal of harmful chemicals and wastes during the textile production process. The European Union also has an equivalent effect of imposing restrictions on the use of dangerous chemicals in the production of textiles through the REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals) regulation.

The textile industry is ranked as contributing almost 20% of industrial water pollutants globally. The United Nations Environmental Programme (UNEP) has initiated stricter regulations on the use of water and effluent treatment. Such regulations raise the cost of operations, and they also hinder market expansion in areas with strict enforcement. Further, synthetic material, which consists mainly of petroleum, is affected by the carbon-cut policies in response to climate change. Therefore, environmental laws serve to hinder the rate at which the synthetic textile market develops at significant levels and determine the transformation of the industry to healthier ways of doing things.

Is sustainable textile demand rising due to eco-conscious consumer behavior?

There is a considerable increase in demand for sustainable textiles because consumers are increasingly becoming environmentally conscious across the globe. The United Nations Environment Programme (UNEP) argues that the textile sector is among the key sectors causing environmental pollution, so there is a rise in the concern about using sustainable solutions. Some countries, such as India, have established the National Technical Textile Mission and are allocating 1,480 crores of rupees to this ministry so that it can support the growth of textiles, which are green in nature and aim at sustainable growth of textiles.

The study conducted by the Indian Institute of Technology (IIT) points out a tendency towards an increased number of younger buyers focused on the fact that environment-friendly materials used in textiles have a significant impact on their purchasing behaviour, which is a market change. A U.S. Environmental Protection Agency (EPA) report observes that the world is becoming more concerned with transparency and sustainability of textile supply chains by consumers. Such a change is indicated by the increased uptake of organic cotton, recycled fabrics, and environmentally friendly dyeing methods. Overall, government projects with well-informed consumers can lead to a high level of increases in the sustainable textile market, indicating that a major change in the textile market will turn to eco-friendly textiles at most.

Can smart textiles revolutionize healthcare, sports, and military applications?

Smart textiles have a major potential for transformation in healthcare, sports, and military industries, as they combine new kinds of advanced materials with monitoring, protecting, and enhancing human performance, incorporating sensors and electronics in order to do so. In medicine, smart fabrics allow monitoring vital functions of the body over time, such as heart rate and thermoregulation, so as soon as an illness appears, it is possible to take care of it on an individual basis. The National Institutes of Health (NIH) projects that wearable health technologies that incorporate smart textiles will enhance the management of chronic diseases and result in fewer visits to hospitals.

In athletics, these fabrics have assisted the athletes in getting the most out of their performance and avoiding injury due to biomechanical feedback in real time. According to reports produced by the Defence Advanced Research Projects Agency (DARPA), the U.S. Department of Defence has given preference to enhancing the research on smart textiles to create lightweight, durable, and adaptive uniforms that can offer greater protection and environmental sensing to the army troops. This will enhance safety, output, and user realisation of such life-touching areas and create growth and innovation within the textile market globally.

What are the key market segments in the Textile industry?

Based on the product type, the Textile Market is classified into Fiber, Yarn, Fabric, and Finished Products. The most visible market segment in the textile market is the one involving fabric. It is so because a fabric is the key intermediate that carries raw materials into the finalised goods, such as fibre, yarn, etc. It is the highest volume producer and profit maker due to its variety of applications, which range widely, including apparel and home textiles, as well as industrial applications. The variety of fabrics in terms of type, texture, and functionality drives the demand in various industries, making the fabric the most popular category in the textile value chain.

Based on the application, the Textile Market is classified into Fashion & Apparel, Home Textiles, Industrial Textiles, Medical Textiles, Automotive Textiles, Agricultural Textiles, and Others. The Fashion & Apparel application form is the largest and most dominant one in the textile market. It is the most in-demand because consumers always need something in terms of clothing and accessories because of the trends, seasons, and population increase. The segment has a huge scope of different types of fabrics and finished products, and is the biggest supporter of textile manufacturing and selling across the whole world. Fashion & Apparel is the single most important pillar of the textile industry because of its dynamic nature and the direct connection with consumer spending.

Which regions are leading the Textile market, and why?

The North American textile market has been described as having high manufacturing capacity, good demand from various industries, and a propensity for innovation and sustainability. The area enjoys an established supply chain, a qualified workforce, and large investments into research and development in technical and smart textiles. The U.S. is one of the biggest players, followed by industries such as fashion, automobile, healthcare, and defence, which are high users of specific fabrics. Furthermore, high-quality requirements and eco-friendly production rates have made North America be in the vanguard when it comes to producing high-performance textiles.

The market is facilitated by free trade agreements and the presence of retail. Regional demand is also being boosted by the emergence of e-commerce businesses and the trend of customisation to make it remain competitive in the international scene. In addition, textile manufacturers, especially large manufacturers of textile machinery, and the availability of raw materials make operations efficient and innovative. This is a set of conditions that consolidates the leadership of North America in the world textile market.

The Asia Pacific textile market is leading because it offers a mix of extensive raw materials, cheap labour, and a developed manufacturing base. Asian states like China, India, Bangladesh, and Vietnam have emerged as major production centres with the aid of government support, export-orientated economies, and big domestic markets. The region has a skilled but cheap labour force, and it can produce high-quantity and low-cost products that are of interest to international brands.

The high rate of urbanisation and the increase in consumer demand for fashion and home textiles are also contributing to the region's expansion. The competitive edge of Asia Pacific is being boosted by increased technology and sustainability. It is also well-positioned to have good trade flows with large markets in Europe and North America. The thorough investments in research and development and the ability to adapt to global trends, as well as flexible supply chains, rapidly make changes in the spheres of a constantly changing world, helping the region ensure its position as a leader in the textile industry.

What does the competitive landscape of the Textile market look like?

The textile market is very competitive, as innovation in sustainable materials, technological innovations, and global changes in the supply chain are competing. Such players as Toray Industries, Lenzing AG, and Far Eastern New Century further dominate in terms of their investments in environmentally friendly fibres and intelligent textiles as the environmental issues grow. Indian mega-companies like Vardhman Group, Reliance Industries, and Arvind Limited are increasing capacity and digital production integration to increase efficiency and satisfy the growing domestic and export orders.

Chinese firms, such as Weiqiao Textile or Shenzhou International, enjoy economies of scale and the automation effect to stay competitive in terms of prices. The recent trends also witness a greater collaboration between these firms and the technology startups to work out high-performance textiles in a move considered as efforts made to increase their influence in the world markets. Further, companies such as Nishat Group and Noman Group are taking advantage of the trade policies in their favour to raise their presence in the international markets. Overall, the changing competitive environment in the textile industry can be characterised by innovation, sustainability, and strategic alliances.

Textile Market, Company Shares Analysis, 2024

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Which recent mergers, acquisitions, or product launches are shaping the Textile industry?

• In July 2025, India and the UK formally ratified the CETA trade agreement, removing tariffs on Indian textiles and increasing investor confidence. As a result, shares of leading textile producers such as Trident, S.P. Apparels, Welspun, Arvind, and others rose by 6 to 20 percent.
• In February 2025, at Bharat Tex 2025, Rishab World showcased its latest innovations in suiting, shirting, ethnic wear, and yarn segments. The company’s brands—D&J, Vercelli, STRCH, and LinSpin—demonstrated advanced textile manufacturing. With this, Rishab World continued to highlight its 95-year legacy as a global textile hub.

Report Coverage:

By Product Type

• Fiber
• Yarn
• Fabric
• Finished Products

By Application

• Fashion & Apparel
• Home Textiles
• Industrial Textiles
• Medical Textiles
• Automotive Textiles
• Agricultural Textiles
• Others

By Technology

• Spinning
• Weaving
• Knitting
• Finishing
• Non-woven Technologies
• 3D Textile Technology
• Smart Textile Integration

By Raw Material

• Natural Fibers
• Synthetic Fibers
• Blended Fibers

By End-user

• Consumer
• Commercial
• Industrial
• Defense & Military
• Healthcare Institutions

By Region

North America

• U.S.
• Canada

Europe

• U.K.
• France
• Germany
• Italy
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Singapore
• Rest of Asia Pacific

Latin America

• Brazil
• Argentina
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC Countries
• South Africa
• Rest of Middle East & Africa

List of Companies:

• Toray Industries, Inc.
• Lenzing AG
• Far Eastern New Century (FENC)
• Weiqiao Textile Company Limited
• Shenzhou International Group Holdings Ltd
• Vardhman Group
• Aditya Birla Group
• Reliance Industries Limited
• Arvind Limited
• Alok Industries Ltd.
• Raymond Group
• Nishat Group
• Interloop Limited
• Noman Group
• Seiren Co., Ltd.

Frequently Asked Questions (FAQs)