UK Textile Market Size & Outlook, 2021-2030
UK textile market, 2017-2030 (US$M)
Related Markets
UK textile market highlights
- The UK textile market generated a revenue of USD 40,226.6 million in 2021 and is expected to reach USD 73,268.5 million by 2030.
- The UK market is expected to grow at a CAGR of 6.9% 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 2021 | USD 40,226.6 million |
| Market revenue in 2030 | USD 73,268.5 million |
| Growth rate | 6.9% (CAGR from 2021 to 2030) |
| Largest segment | Fashion |
| Fastest growing segment | Household |
| 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, UK accounted for 2.6% 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 |
|---|
UK 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 77.18% in 2021. Horizon Databook has segmented the UK textile market based on household, technical, fashion covering the revenue growth of each sub-segment from 2017 to 2030.
The UK has a well-developed textile industry with the presence of a number of apparel manufacturers and suppliers. The demand for apparels is increasing in the region owing to the rising disposable income of people coupled with technological advancements in UK’s clothing industry. For instance, players in the country use up to 80% less water is used for sustainably producing cotton.
Upholstery textile products, such as carpets, find applications in residential buildings and commercial offices of UK on account of high market visibility due to presence of regional carpet manufacturers such as Brinton Carpets.
Government initiatives such as Housing Zone creation and the stimulus fund to build on Brownfield sites is expected to increase the number of residential buildings in UK which may increase the use of carpets in the country. This is expected to positively impact the market for upholstery textiles in the forecast period in the country.
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Target buyers of UK 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 UK textile market, including forecasts for subscribers. This country databook contains high-level insights into UK textile market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UK textile market size, by application, 2017-2030 (US$M)
UK Textile Market Share, 2021 & 2030 (US$M)
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