Global Fashion Textile Market Size & Outlook, 2022-2030
Global fashion textile market, 2018-2030 (US$M)
Related Markets
Global fashion textile market highlights
- The global fashion textile market generated a revenue of USD 1,227,726.4 million in 2022 and is expected to reach USD 2,086,229.9 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.9% by 2030.
- In terms of segment, apparel accounted for a revenue of USD 715,587.5 million in 2022.
- Handbags is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 1,227,726.4 million |
| Market revenue in 2030 | USD 2,086,229.9 million |
| Growth rate | 6.9% (CAGR from 2022 to 2030) |
| Largest segment | Apparel |
| Fastest growing segment | Handbags |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Apparel, Ties & Clothing, Handbags |
Other key industry trends
- In terms of revenue, the North America accounted for 19.5% of the global fashion textile market in 2022.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 241,491.0 million by 2030.
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Fashion Textile Market Scope
Fashion Textile Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global fashion textile market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fashion textile market will help companies and investors design strategic landscapes.
Apparel was the largest segment with a revenue share of 58.29% in 2022. Horizon Databook has segmented the Global fashion textile market based on apparel, ties & clothing, handbags covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Fashion Textile Application Outlook (Revenue, USD Million, 2018-2030)
- Bedding
- Kitchen
- Upholstery
- Towel
- Others
- Construction
- Transportation
- Protective
- Medical
- Apparel
- Ties & Clothing
- Handbags
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Target buyers of Global fashion textile market databook
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Our clientele includes a mix of fashion textile market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global fashion textile market , including forecasts for subscribers. This global databook contains high-level insights into Global fashion textile market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global fashion textile market size, by region, 2018-2030 (US$M)
Top 10 countries: Fashion textile market size, 2022 (US$M)
Global fashion textile market share, by application, 2022 & 2030 (%, US$M)
Fashion textile market: Opportunity assessment by country
Global fashion textile market, by region, 2022 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 47,857.4 | 50,687.3 | 51,372.4 | 52,017.0 | 55,187.2 | 58,585.6 | 62,230.6 | 65,695.9 | 69,946.1 | 74,487.3 | 79,488.0 | 84,753.8 | 90,449.0 | 6.3% |
| Europe | 221,209.1 | 232,612.3 | 233,222.8 | 237,472.5 | 250,239.7 | 263,768.6 | 278,055.0 | 298,087.8 | 314,860.3 | 332,790.8 | 351,974.3 | 372,515.3 | 394,528.3 | 5.7% |
| North America | 217,984.9 | 224,645.7 | 223,876.7 | 231,702.1 | 239,175.6 | 247,036.7 | 255,311.3 | 264,048.6 | 273,249.6 | 282,964.5 | 293,227.9 | 304,081.0 | 315,569.2 | 3.5% |
| MEA | 46,085.9 | 47,923.2 | 47,581.3 | 47,246.9 | 49,177.3 | 51,251.8 | 53,435.4 | 55,734.5 | 58,155.8 | 60,710.8 | 63,384.1 | 66,233.3 | 69,247.4 | 4.5% |
| Asia Pacific | 525,317.1 | 563,119.2 | 500,451.9 | 565,939.5 | 633,946.6 | 701,418.6 | 769,083.6 | 836,501.2 | 903,714.8 | 971,494.0 | 1,044,959.8 | 1,126,288.6 | 1,216,436.0 | 8.5% |
| Overall | 1,058,454.4 | 1,118,987.7 | 1,056,505.1 | 1,134,378.0 | 1,227,726.4 | 1,322,061.3 | 1,418,115.9 | 1,520,068.0 | 1,619,926.6 | 1,722,447.4 | 1,833,034.1 | 1,953,872.0 | 2,086,229.9 | 6.9% |
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