Textile Market (2025 - 2033) Size, Share & Trends Analysis Report By Raw Material (Cotton, Wool, Chemical, Silk), By Product (Natural Fibers, Polyester), By Application (Household, Technical), By Region, And Segment Forecasts

Textile Market Summary

The global textile market size was estimated at USD 1.11 trillion in 2024 and is projected to reach USD 1.61 trillion by 2033, growing at a CAGR of 4.2% from 2025 to 2033. The demand for textiles is rising due to fast fashion, growing urbanization, and increasing disposable incomes in emerging economies. Consumer preferences are shifting toward trendy, comfortable, and affordable clothing, fueling retail apparel demand.

In addition, the rise of e-commerce platforms has made textile products more accessible globally. There is also increasing use of technical textiles in industries such as automotive, construction, and healthcare. Population growth and higher per capita clothing consumption are accelerating textile production. Seasonal fashion cycles and influencer-led marketing have further escalated demand. Moreover, post-pandemic recovery is reviving both consumer and industrial textile usage.

Key drivers include a booming apparel industry, technological advancements in textile manufacturing, and the expansion of organized retail. Sustainability is a growing driver as eco-friendly and organic fibers attract environmentally conscious consumers. Industrial uses of textiles-such as geotextiles, medical textiles, and automotive interiors-are growing rapidly. Government policies supporting textile parks and export incentives also play a major role. Increased demand for home décor and furnishing textiles further contributes to the market growth. In addition, demand for anti-bacterial, fire-resistant, and water-repellent fabrics is increasing across sectors, especially in defense and healthcare.

There is a strong trend toward smart textiles, such as fabrics integrated with sensors and conductive fibers for health and fitness monitoring. Bio-based and recycled fibers are gaining momentum, with brands adopting closed-loop systems. Digital textile printing is revolutionizing custom apparel and reducing water waste. Blockchain is being tested for textile traceability and transparency. Fashion brands are launching biodegradable and zero-waste collections. Growth in 3D knitting technology enables faster, on-demand production with reduced material wastage. In addition, collaborations between fashion and tech companies are creating innovative wearable technologies.

Market Concentration & Characteristics

The market for textile is moderately fragmented, with a mix of large multinational corporations and a vast number of SMEs, particularly in Asia-Pacific. Companies like Arvind Ltd., Reliance Industries, Toray Industries, and Luthai Textiles have a strong presence. While the apparel and retail textile segments are dominated by large players, segments like technical and home textiles still see significant fragmentation. Vertical integration by large manufacturers is increasing, but localized and unorganized players continue to hold a notable share, especially in developing economies.

The threat of substitutes is moderate. While synthetic and natural fibers compete with each other, innovations in bio-based materials may challenge conventional cotton and polyester. Leather alternatives are reducing textile usage in specific segments like footwear. However, due to the unique characteristics, cost-efficiency, and comfort textiles provide, outright substitution is rare. Greater threat arises from consumers choosing multifunctional or minimal wardrobes, impacting volume demand in fashion. Nevertheless, continuous R&D and innovation in textiles mitigate this risk effectively.

Raw-material Insights

Cotton dominated the market and accounted for the largest revenue share of 39.3% in 2024, due to its natural origin, breathability, softness, and widespread consumer preference, especially in apparel and home textiles. It is particularly favored in tropical and subtropical regions for its comfort in warm climates. Cotton's versatility allows its use across diverse segments, from casual wear to medical and industrial applications. In addition, global efforts to promote sustainable and organic cotton farming are boosting its market appeal. Major producing countries such as India, China, and the U.S. support a steady supply chain. Despite competition from synthetic fibers, cotton maintains a strong market share due to its biodegradability and eco-friendly perception.

Silk is expected to grow at the fastest CAGR of 4.5% over the forecast period, driven by rising demand for premium, eco-friendly, and luxurious fabrics. Increasing consumer preference for natural and sustainable materials in high-end fashion, home décor, and personal accessories is fueling this growth. The expansion of the affluent middle class, particularly in Asia-Pacific and the Middle East, is boosting silk consumption. In addition, innovations in sericulture and production of peace silk and blended silk fabrics are enhancing accessibility and affordability. Silk’s hypoallergenic properties and lightweight comfort make it desirable in both traditional and contemporary fashion. E-commerce platforms are further accelerating global exposure and sales of silk products.

Product Insights

Natural fibers dominated the product segment and accounted for the largest revenue share of 44.8% in 2024, due to their biodegradability, renewability, and consumer demand for sustainable materials. These fibers are widely used in apparel, home textiles, and industrial applications owing to their comfort, insulation, and moisture absorption properties. Governments and fashion brands are increasingly promoting eco-conscious choices, leading to a shift away from synthetic alternatives. Moreover, advancements in organic farming and certifications like GOTS (Global Organic Textile Standard) are enhancing natural fibers’ market appeal. Strong production bases in countries such as India, China, and Bangladesh also support the dominance.

Nylon is expected to grow at the fastest CAGR of 4.9% over the forecast period, due to its high strength, elasticity, and durability, making it ideal for performance wear, intimate apparel, automotive textiles, and industrial fabrics. The rising demand for activewear and athleisure clothing is significantly driving nylon consumption, especially in urban youth markets. Nylon’s quick-drying and wrinkle-resistant properties also make it a preferred choice for travel and outdoor gear. Innovations like bio-nylon and recycled nylon are making the fiber more environmentally acceptable. In addition, nylon’s cost-effectiveness and ease of blending with other fibers are boosting its demand in both developed and emerging economies.

Application Insights

The fashion segment dominated the market and accounted for the largest revenue market share of 72.9% in 2024, due to high global demand for apparel across casual, formal, and seasonal categories. Fast fashion trends, celebrity endorsements, and social media influence have significantly accelerated clothing consumption cycles. Brands are constantly launching new collections to meet changing consumer preferences, contributing to higher textile usage. The availability of affordable clothing through both physical retail and online platforms also supports this dominance. In addition, the rise of branded and designer apparel in emerging markets is further boosting demand. Fashion’s integration with sustainability and digital customization continues to reinforce its leading position in the textile industry.

The household segment is the fastest-growing in the market, driven by increased spending on home improvement, urban housing development, and a focus on interior aesthetics. Products such as curtains, bedsheets, upholstery, towels, and carpets are in high demand due to rising living standards and lifestyle upgrades. The growth of real estate and hospitality sectors globally is further supporting this surge. Consumers are also prioritizing comfort and sustainability, leading to increased demand for natural and antimicrobial fabrics in home textiles. E-commerce growth has made household textile shopping more convenient, especially in emerging markets. In addition, DIY home décor trends are contributing to the segment’s expansion.

Regional Insights

North America textile industry is focusing on sustainable textiles, smart fabrics, and reshoring of manufacturing. U.S. manufacturers are investing in technical and protective textiles for automotive, defense, and healthcare sectors. The U.S.-Mexico-Canada Agreement (USMCA) supports textile trade within the region. There is a rising demand for organic and recycled apparel products among consumers. Fashion brands are shifting toward digital customization and on-demand manufacturing. Labor shortages and high costs are challenges for domestic production. Nonetheless, textile R&D, especially in smart and wearable fabrics, is a key strength for this region.

U.S. Textile Market Trends

The U.S. textile industry is shifting toward domestic innovation, sustainability, and technical textiles. Government contracts for defense and medical textiles provide a stable revenue stream. Growth in eco-conscious apparel is fueling demand for organic cotton and recycled fibers. Major retailers are promoting U.S.-made collections to enhance traceability. Textile imports from Asia still dominate the apparel segment, but reshoring efforts are increasing. U.S. firms are also investing in automation to improve competitiveness. The focus on circular fashion and waste reduction is reshaping product strategies in the country.

Asia Pacific Textile Market Trends

Asia Pacific textile industry dominated globally and accounted for the largest revenue share of about 49.5% in 2024, due to its vast manufacturing base, low labor costs, and strong export infrastructure. Countries such as China, India, and Bangladesh dominate global production and exports. The rise of domestic consumption in Southeast Asia and India is creating a dual demand-driver. Government incentives and industrial clusters further strengthen the region's leadership. Innovations in digital printing and automation are being gradually adopted. However, environmental compliance and sustainable production are becoming critical priorities. Regional players are expanding exports to Western markets and tapping into e-commerce-led sales. Demand for functional and technical textiles is also increasing.

China textile industry is the world's largest textile manufacturer and exporter, benefiting from economies of scale and advanced production systems. The government’s push for green manufacturing is influencing fiber selection and processing. China's domestic market is also growing rapidly, driven by fashion-forward youth and urbanization. There is a strong shift toward automation and AI-driven production to counter rising labor costs. Investments in synthetic fiber production and high-performance textiles are increasing. Chinese firms are also expanding globally through partnerships and overseas acquisitions. However, geopolitical tensions and trade regulations with the U.S. and EU could impact exports.

Europe Textile Market Trends

Europe textile industry is emphasizing circular textiles, biodegradable materials, and eco-certifications. EU Green Deal regulations are pushing companies to adopt sustainable practices. High demand for luxury fashion and home textiles supports innovation. Countries like Italy and Germany are leaders in textile machinery and high-quality fabrics. Technical textiles are gaining traction in automotive and industrial applications. European consumers are highly aware of ethical sourcing and environmental impact. Digital transformation is driving smart textile innovations across the region.

Germany’s textile industry is known for engineering precision in textile machinery and technical fabrics. The country is a key player in industrial, medical, and automotive textiles. Focus on sustainability and digitalization is driving innovation. Companies are developing high-performance fibers for demanding applications. Public and private R&D collaboration supports cutting-edge development. Export demand from Europe and North America remains strong. Germany is also exploring bio-based and recyclable materials for future growth.

Central & South America Textile Market Trends

Central & South America’s textile industry is recovering steadily, led by Brazil and Mexico. Trade agreements with the U.S. are aiding exports. The domestic fashion industry is growing in Brazil, Colombia, and Argentina. High raw material availability supports regional manufacturing. However, production is often challenged by inconsistent policies and logistics issues. Eco-friendly and cultural designs are attracting niche international buyers. There is increasing investment in modernizing infrastructure and technology. E-commerce is becoming a strong growth channel.

Middle East & Africa Textile Market Trends

The Middle East textile industry is emerging as a textile trade hub, particularly the UAE, with strong re-export capabilities. Turkey remains a key textile producer with high export volumes to Europe. In Africa, Ethiopia and Kenya are gaining attention as textile manufacturing destinations due to low labor costs. Governments are offering tax incentives and industrial parks to attract FDI. Local markets are growing for modest fashion and traditional wear. The region is also starting to adopt sustainable practices, though at an early stage. Demand for basic apparel and textiles is growing with rising income levels.

Key Textile Company Insights

Some of the key players operating in the market include Hengli Petrochemical Co., Ltd., Chargeurs SA.

• Hengli Petrochemical is one of the world’s largest producers of polyester and textile raw materials. It operates an integrated petrochemical complex that includes refining, PTA (purified terephthalic acid), and polyester production. The company supplies polyester chips, yarn, and films used in textiles and packaging. Hengli is known for its scale, cost efficiency, and vertical integration from crude oil to polyester fibers.

• Chargeurs SA is a global industrial group specializing in high-performance textiles and technical materials. Its textile division, Chargeurs PCC, is a leading manufacturer of interlinings and technical fabrics used in fashion, luxury, and sportswear garments. The company emphasizes sustainability and innovation, offering eco-responsible solutions and smart textile components to brands worldwide.

Toray Industries, Inc. and Sasa Polyester Sanayi A.S. are some of the emerging market participants in the textile industry.

• Toray is a leading multinational in advanced materials, particularly synthetic fibers and textiles. It produces nylon, polyester, and carbon fiber materials used across fashion, industrial, and high-tech applications. Toray is known for its R&D strength and sustainability efforts, such as developing recycled and bio-based fibers, as well as textiles for medical, automotive, and aerospace sectors.

• Sasa Polyester is one of Turkey’s largest polyester producers, manufacturing fibers, filament yarns, and specialty polymers. It serves textile, automotive, packaging, and industrial applications. The company has been investing heavily in expanding production capacity and integrating upstream operations like PTA and PET production. Sasa is also focusing on sustainability with initiatives in recycling and bio-based polymers.

Recent Developments

• In June, 2025, Hengli restarted its No. 1 polypropylene (PP) unit at Changxing Island following maintenance, with a capacity of 450,000 t/year.

• In June 2025, Chargeurs SA  completed the acquisition of two business units from Cilander, strengthening its technical interlining and smart textiles portfolio.

• In February 2025, Toray announced a chemical recycling technology for nylon 66.

Textile Market Report Scope

Global Textile Market Report Segmentation

This report forecasts revenue & volume growth at regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global textile market report based on raw material, product, application, and region:

• Raw material Outlook (Volume, KiloTons; Revenue, USD Trillion, 2021 - 2033)

  • Cotton

  • Chemical

  • Wool

  • Silk

  • Others

• Product Outlook (Volume, KiloTons; Revenue, USD Trillion, 2021 - 2033)

  • Natural Fibers

  • Polyesters

  • Nylon

  • Others

• Application Outlook (Volume, KiloTons; Revenue, USD Trillion, 2021 - 2033)

  • Household

    • Bedding

    • Kitchen

    • Upholstery

    • Towel

    • Others

  • Technical

    • Construction

    • Transport

    • Medical

    • Protective

  • Fashion & Clothing

    • Apparel

    • Ties & Clothing

    • Handbags

    • Others

  • Others

• Regional Outlook (Volume, KiloTons; Revenue, USD Trillion, 2021 - 2033)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • France

    • Italy

    • UK

    • Turkey

    • Russia

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

  • Central & South America

    • Brazil

  • Middle East & Africa

    • Saudi Arabia

    • Iran