Europe Textile Market Size & Outlook, 2021-2030

The textile market in Europe is expected to reach a projected revenue of US$ 520,307.7 million by 2030. A compound annual growth rate of 5.6% is expected of Europe textile market from 2022 to 2030.
Revenue, 2021 (US$M)
$317,447.0
Forecast, 2030 (US$M)
$520,307.7
CAGR, 2022 - 2030
5.6%
Report Coverage
Europe

Europe textile market highlights

  • The Europe textile market generated a revenue of USD 317,447.0 million in 2021.
  • The market is expected to grow at a CAGR of 5.6% from 2022 to 2030.
  • In terms of segment, fashion was the largest revenue generating application in 2021.
  • Fashion is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, Turkey is expected to register the highest CAGR from 2022 to 2030.


Europe data book summary

Market revenue in 2021USD 317,447.0 million
Market revenue in 2030USD 520,307.7 million
Growth rate5.6% (CAGR from 2021 to 2030)
Largest segmentFashion
Fastest growing segmentFashion
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHousehold, Technical, Fashion
Key market players worldwideINVISTA, 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


Other key industry trends

  • In terms of revenue, Europe region accounted for 20.4% of the global textile market in 2021.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,895,770.4 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Textile Market Companies

Name Profile # Employees HQ Website

Europe 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 textile market will help companies and investors design strategic landscapes.


Fashion was the largest segment with a revenue share of 74.81% in 2021. Horizon Databook has segmented the Europe textile market based on household, technical, fashion covering the revenue growth of each sub-segment from 2017 to 2030.


Europe is the second-largest market for the textile industry. The textile industry plays an important role in the European manufacturing industry. Demand for raw materials, such as silk fabrics, for household and fashion & clothing applications is likely to provide substantial scope for the growth of the European textile market in the coming years.

This trend is projected to reflect in countries such as Russia, Germany, France, and Italy, among other European countries in the region. Europe accounted for the second-largest demand of the global textile market in 2021. The market is likely to witness stable growth during the forecasted years.

Strict regulations on product quality and distribution of fabrics by Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) and the European Chemicals Agency (ECHA) are expected to stabilize the growth rate in the region by 2030. As a result, this region is likely to account for a decreased market share by the end of 2030.

Reasons to subscribe to Europe textile market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
  • Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
  • Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Europe textile market databook

  • Our clientele includes a mix of textile market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 continent-level data and insights on the Europe textile market, including forecasts for subscribers. This continent databook contains high-level insights into Europe textile market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

Europe textile market size, by country, 2017-2030 (US$M)

Europe Textile Market Share, 2021 & 2030 (US$M)

Europe textile market size, by country, 2017-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more