North America Textile Market Size & Outlook, 2021-2030
North America textile market, 2017-2030 (US$M)
Related Markets
North America textile market highlights
- The North America textile market generated a revenue of USD 307,327.8 million in 2021.
- The market is expected to grow at a CAGR of 3.7% from 2022 to 2030.
- In terms of segment, fashion was the largest revenue generating application in 2021.
- Technical is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 307,327.8 million |
| Market revenue in 2030 | USD 425,907.5 million |
| Growth rate | 3.7% (CAGR from 2021 to 2030) |
| Largest segment | Fashion |
| Fastest growing segment | Technical |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, North America region accounted for 19.7% 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.
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Textile Market Scope
Textile Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 75.39% in 2021. Horizon Databook has segmented the North America textile market based on household, technical, fashion covering the revenue growth of each sub-segment from 2017 to 2030.
North America is expected to witness fast-paced growth on account of the growing industrial manufacturing coupled with rising number of product launches in sports and fashion industries The U.S. is expected to remain a major producer of cotton raw material in the industry owing to rising textile product demand from various end-use industries.
The textile market is witnessing a huge product demand for industrial manufacturing as well as the home textile sector owing to the increase in awareness about the uses of technical textiles. Geography, climate, fashion trends, sports activities, trade policies, customer demand, and others vary largely across countries such as the U.S., Canada, and Mexico.
The U.S. textile industry is the largest compared to others in North America owing to the effective work processes, consumer awareness of changing fashion trends, and general demand for different types of fabrics.
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Target buyers of North America textile market databook
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Our clientele includes a mix of 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 continent-level data and insights on the North America textile market, including forecasts for subscribers. This continent databook contains high-level insights into North America textile market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America textile market size, by country, 2017-2030 (US$M)
North America Textile Market Share, 2021 & 2030 (US$M)
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