Mexico Textile Market Size & Outlook, 2021-2030

The textile market in Mexico is expected to reach a projected revenue of US$ 36,238.6 million by 2030. A compound annual growth rate of 9% is expected of Mexico textile market from 2022 to 2030.
Revenue, 2021 (US$M)
$16,651.2
Forecast, 2030 (US$M)
$36,238.6
CAGR, 2022 - 2030
9%
Report Coverage
Mexico

Mexico textile market highlights

  • The Mexico textile market generated a revenue of USD 16,651.2 million in 2021 and is expected to reach USD 36,238.6 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 9% from 2022 to 2030.
  • In terms of segment, fashion was the largest revenue generating application in 2021.
  • Household is the most lucrative application segment registering the fastest growth during the forecast period.


Textile market data book summary

Market revenue in 2021USD 16,651.2 million
Market revenue in 2030USD 36,238.6 million
Growth rate9% (CAGR from 2021 to 2030)
Largest segmentFashion
Fastest growing segmentHousehold
Historical data2017 - 2020
Base year2021
Forecast period2022 - 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, Mexico accounted for 1.1% of the global textile market in 2021.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. textile market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 36,238.6 million by 2030.

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Textile Market Companies

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Mexico 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 70.01% in 2021. Horizon Databook has segmented the Mexico textile market based on household, technical, fashion covering the revenue growth of each sub-segment from 2017 to 2030.


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Target buyers of Mexico 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 country-level data and insights on the Mexico textile market, including forecasts for subscribers. This country databook contains high-level insights into Mexico textile market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico textile market size, by application, 2017-2030 (US$M)

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

Mexico textile market size, by application, 2017-2030 (US$M)

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