Market revenue in 2021 | USD 25,447.5 million |
Market revenue in 2030 | USD 43,595.9 million |
Growth rate | 6.2% (CAGR from 2021 to 2030) |
Largest segment | Fashion |
Fastest growing segment | Fashion |
Historical data | 2017 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Household, Technical, Fashion |
Key market players worldwide | INVISTA, BSL-BIOSERVICE Scientific Laboratories GmbH, Lu Thai Textile, Paramount Global Class A, Companhia De Saneamento Basico Do Estado De Sao Paulo ADR, DBL Group, Lumière e i suoi fratelli, Li & Fung, Solvay SA |
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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 textile market will help companies and investors design strategic landscapes.
Fashion was the largest segment with a revenue share of 75.18% in 2021. Horizon Databook has segmented the Brazil textile market based on household, technical, fashion covering the revenue growth of each sub-segment from 2017 to 2030.
The rapid economic growth and inclination to spend on lavish clothing brands by the majority of the population in the country are expected to boost the demand for textile products in the country, thereby driving the market. In addition, large exports and growing middle-class population of the country are expected to contribute significantly to the growth of textile industry.
Increasing demand for branded clothes has led to the emergence of local designers such as Oskelin, Carlos Miele, and Alexander Herchcovitch. This is supported by the fact that The Brazilian Association of Fashion Designers (ABEST), which was launched a decade ago with only five members, now has over 50 members.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil textile market, including forecasts for subscribers. This country databook contains high-level insights into Brazil textile market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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