TEXTILES MARKET

Textile Market Overview 

Textile Market Size was valued at USD 1.11 trillion in 2025 and is forecast to touch USD 1.59 trillion in 2033, and the market is expected to grow at a CAGR of 5.3% from 2026-2033 driven by population growth and rapid urbanization, rising disposable incomes, expansion of the fashion and apparel industry, growing emphasis on sustainable and eco-friendly materials, technological advances in textile manufacturing, and increasing use of textiles across a wide range of industrial applications.

Global Textile Market Size & Forecast:

• • 2025 – USD 1.11 Trillion
  • 2033 – USD 1.59 Trillion
  • Market Forecast – CAGR of 5.3% from 2026-2033

Key Segment Insights:

• • Textile Raw Material Type Insights: Chemical textiles raw materials type dominated the market share of 59.8% in 2025
  • Textile Application Type Insights : Fashion and clothing emerged as the leading segment in 2025, representing 55.2% of total market revenue.
  • Textile Fabric Type Insights: Woven Fabrics dominated the global textile market with a revenue share of  65% in 2025.

Regional Insights:

• • Asia Pacific led the global textile market in 2025, accounting for 52.5% of total market share.
  • Europe ranked second after Asia Pacific with a 19.6% market share.
  • North America represented 17.5% of the global textile market in 2025.
  • Latin America captures 6.2% market share in 2025. 
  • Middle East & Africa hold 4.2% of the global textile market share in 2025.

Textile Market Growth Drivers

Global Population Growth and Rise in Urbanization

As per the IMF the global population in 2024 touched 8.09 billion people and the global population is projected to reach 8.37 billion by 2030. The growing global population drives a persistent increase in the need for textile and clothing production while higher purchasing power leads to greater consumer expenditure on textiles. 

As per United Nation Population Fund, ccurrently more than 50% of the global population lives in cities and towns and the total global population living in cities and towns id projected to touch around 5 billion people. The rise of emerging economies along with urbanization and changes in lifestyles is fueling the demand for fabrics which in turn provides new opportunities for manufacturers and accelerates the textile market size growth.  

Rising Disposable Income

Global disposable income is growing at a steady rate and is projected to reach USD 13.1 thousand by 2035 as per EIA. Rising disposable incomes are driving demand for quality and stylish textile products. Consumers are shifting from unbranded, low-cost options toward branded and fashionable apparel. At the same time, rapid urbanization is boosting the number of supermarkets and retail outlets, further supporting overall growth of the textile industry.

Growing Demand for Sustainability and Eco-Friendly Materials

Modern consumers are more focused on comfort and style which leads to a surge in need for products that meet these expectations. The increasing consumer demand for sustainable products is further compelling leading textile companies to realign their strategies and invest in responsible manufacturing practices. The rising trend for organic materials and versatile textiles is also encouraging manufacturers to adjust their product lines. 

The increasing consumer focus on sustainable practices has led textile companies to embrace more responsible production methods. Adapting to this shifting consumer preference is essential for businesses to stay competitive and fulfill the changing market trends. These trends involve the use of optical fibers and metals to interact with their surroundings which enable them to detect and respond to physical stimuli like mechanical or electrical factors.  

Technological Advancements in Textile Manufacturing

Technological innovations along with new developments in textile manufacturing including smart textiles and automation have further reshaped the industry. These innovations not only boost efficiency but also pave the way for more personalized products which in turn shape product development and enhance the customer experience. The digital transformation has further reshaped the textile market by promoting online platforms and enabling customization options while also facilitating direct engagement between consumers and brands. The rise of online shopping has prompted consumers to buy textiles online while social media plays a significant role in driving demand for stylish clothing with constant advertising exposure contributing to spontaneous purchases. 

Increasing Use of Textiles Across Many Industries

Textiles are increasingly being utilized in crucial industries including healthcare and automotive which contributes to the overall market growth. Due to the growing automobile production along with rapid industrialization in developing countries, the market is projected to experience substantial growth in the years ahead. Automotive textiles which are typically non-apparel fabrics are widely used in vehicles like cars and trains. The demand for these textiles is largely fueled by supportive safety regulations enacted by governments around the world. Textiles also play a crucial role in multiple areas of the household from bedding and upholstery to carpets which drives significant market growth. 

Textile Market Analysis by Segment 

Textile Raw Material Type Market Insights: Chemical textiles raw materials type dominated the market share of 59.8% in 2025

Chemical/synthetic textile market type hold the largest market in 2025 accounting for 57% of total fiber production and polyester remained the most produced fiber globally. 

Polyester textile market is expected to experience significant growth as it is available in various forms including filament yarns and microfibers. It is also often combined with various other fibers for use in diverse industrial applications. Polyester is recognized for its durability and versatility which makes it a valuable component across numerous sectors. Within the automotive field, it is woven into seatbelts to ensure passengers safety and is incorporated into tires to improve their resilience and lifespan. It is an important material in the construction field where it is used in geosynthetics to improve road stability through the capabilities in controlling soil erosion.  

Nylon is common in clothing and home furnishings due to its excellent resilience along with ability to absorb moisture. It also serves as an alternative to silk for products like stockings and parachutes. 

The natural fibers segment dominated the market due to their widespread use across various applications in the fashion and clothing industry. Growing environmental concerns along with a continued consumer preference for sustainable products are expected to boost the need for natural fibers. 

Cotton is the most widely used natural fiber globally as it is known for its exceptional qualities like high strength and ability to retain color. The top cotton product producers are China and India. The growing demand for apparel and garments in these countries is set to boost the need for cotton which thereby fuels segment growth in the coming years. As the world’s most essential fiber, cotton comes from plants and is valued for its absorbent and breathable qualities which makes it a top choice for use in clothing or household textiles. 

Textile Market by Application Insights: Fashion & clothing segment registered the largest revenue share with a market share of 55.2% in 2025

The fashion sector led the market driven by growing consumer expenditure on apparel and clothing items. The rising consumer preference for crease-resistant shirting fabrics along with superior printed and dyed materials is anticipated to boost market demand in the coming years. The growing demand for textiles in the fashion and clothing industry is also driven by rising consumer purchasing power and spending habits in numerous countries globally. The increasing preference for buying clothes based on the latest fashion trends is fostering the frequent release of new clothing lines. Social media platforms like Facebook and Instagram are rapidly gaining influence in apparel marketing. It overtakes traditional media such as television as the primary means for consumers to explore the latest fashion trends. 

Textile Market by Fiber type Market Insights: Woven Fabrics dominated the global textile market with a revenue share of  65% in 2025.

Woven textiles dominate market revenues due to their durability, versatility, and widespread use across apparel, home textiles, and industrial applications. They are heavily used in fashion and clothing, home furnishings like bed linens and upholstery, and technical uses such as automotive interiors and safety products

Textile Regional Market Insights: Asia Pacific dominated the global textile market with a market share of 52.5% in 2025

The Asia Pacific textile market led the market driven by the surge in apparel and clothing product sales. The growing population is projected to contribute to significant further growth in the region while the increasing number of consumers purchasing clothing and accessories online in developing countries is also fueling the overall market growth. 

North America textile market captures 17.5% of the market share in 2025 and is also expected to experience steady growth in the coming years with the United States textile sector heavily relying on material imports and suppliers. Moreover, the US exports textiles to approximately 200 countries globally. The changing lifestyle trends among young consumers in the US are increasing the demand for textiles and clothing which is expected to fuel textile market growth in the region moving forward. 

Europe Textile market is the second largest market after APAC with a market share of 19.6% in 2025 and is estimated to grow with Germany and France leading as the major producers. The increasing demand for advanced textiles is a key driver of market growth with innovations in high-performance fiber materials and the digital transformation of supply chains and manufacturing expected to further accelerate market growth. 

Middle East & Africa textile market hold 4.2% market share in 2025 and the market is forecast to grow at a strong pace, the Middle East textile market is supported by rising demand for fashion and apparel owing to rapid urbanization, a growing fashion industry, technological advancements, increasing presence of international retail brands, and supportive government policies focused on infrastructure development and tax incentives.

Textile Market Competitive Landscape & Major Players

Several leading companies operating in the global textile industry are Hengli Petrochemical Co., Ltd., Toray Industries, Inditex, Shenzhou International Group Holdings Ltd, Far Eastern New Century Corporation, Vardhman Textiles, Aditya Birla, TJX Companies, Sasa Polyester Sanayi A.Ş., Chargeurs SA, Eclat Textile Co. Ltd, Texhong Textile Group Ltd., Weiqiao Pioneering Group Co. Ltd., PVH Corp. and many more.

Key Textile Market Developments

• • In 2024, Successori Reda SpA has teamed up with Shirt Dandy to integrate AI technology and 3D configuration into the textile industry. They aim to improve designer efficiency and create distinctive products. They also want to scale operations and expand their market presence. 
  • In 2023, RSWM revealed that it has acquired Ginni Filaments which is an Indian manufacturer of open-end yarns and combed cotton. This is a move that will boost manufacturing efficiency and expand its product range to better serve its premium customer base. 
  • In 2021 DuPont Biomaterials in collaboration with Welspun India has launched a new collection in home textiles such as bed sheets. These are crafted from biobased materials to address the increasing consumer demand for eco-friendly home products. 

Textile Market Scope of the Report

Textile Market Report Segmentation

The Global Textile Market has been segmented on the basis of Raw-material, Fabric Type, Application and Regions. Based on the Raw-material, the market is segmented into Cotton, Chemical, Wool, Silk, Others. Based on the Fabric Type the market is segmented into Woven, Non-woven, Knitted. Based on the Application, the market is segmented into Household, Technical/Industrial, Fashion & Clothing and Others.

Global Textile Market by Raw-material

• • Cotton
  • Chemical
  • Wool
  • Silk
  • Others

Global Textile Market by Fabric Type

• • Woven
  • Non-woven
  • Knitted

Global Textile Market by Application

• • Household
  • Technical/Industrial
  • Fashion & Clothing
  • Others

Global Textile Market by Region

• • North America Textile Market

    • US Market All-Up
    • Canada Market All-Up

  • Europe Textile Market

    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Textile Market

    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW Textile Market

    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Global Textiles Market Leading players 

• • Hengli Petrochemical Co., Ltd.

  • Toray Industries

  • Inditex

  • Shenzhou International Group Holdings Ltd

  • Far Eastern New Century Corporation

  • Vardhman Textiles

  • Aditya Birla Group

  • TJX Companies

  • SASA Polyester Sanayi A.Ş.

  • Chargeurs SA

  • Eclat Textile Co. Ltd

  • Texhong Textile Group Ltd.

  • Weiqiao Pioneering Group Co. Ltd.

  • PVH Corp