Russia Textile Market Size & Outlook, 2021-2030
Russia textile market, 2017-2030 (US$M)
Related Markets
Russia textile market highlights
- The Russia textile market generated a revenue of USD 30,556.4 million in 2021 and is expected to reach USD 52,749.3 million by 2030.
- The Russia market is expected to grow at a CAGR of 6.3% 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.
Textile market data book summary
| Market revenue in 2021 | USD 30,556.4 million |
| Market revenue in 2030 | USD 52,749.3 million |
| Growth rate | 6.3% (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 |
Other key industry trends
- In terms of revenue, Russia accounted for 2.0% of the global textile market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany textile market is projected to lead the regional market in terms of revenue in 2030.
- Turkey is the fastest growing regional market in Europe and is projected to reach USD 20,321.1 million by 2030.
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Textile Market Scope
Textile Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Russia 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 74.31% in 2021. Horizon Databook has segmented the Russia textile market based on household, technical, fashion covering the revenue growth of each sub-segment from 2017 to 2030.
Russia is likely to register favorable growth opportunities in the European textile market during the forecast period. The country is likely to be one of the fastest-growing consumers of textiles on account of their rising demand in household and technical applications. The country extensively manufactures technical textiles as compared to traditional garments and apparels including denim and casual wear.
This can be attributed to the presence of large crude oil deposits and automotive industries in the country. As a result, the Russian textile industry largely depends on imports and investors from other countries, such as China, India, and South Korea, among others, to invest in the clothing, fashion, and apparels textile segments.
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Target buyers of Russia 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 country-level data and insights on the Russia textile market, including forecasts for subscribers. This country databook contains high-level insights into Russia textile market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Russia textile market size, by application, 2017-2030 (US$M)
Russia Textile Market Share, 2021 & 2030 (US$M)
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