U.S. Textile Market Size & Outlook, 2021-2030
U.S. textile market, 2017-2030 (US$M)
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U.S. textile market highlights
- The U.S. textile market generated a revenue of USD 244,738.7 million in 2021 and is expected to reach USD 320,407.4 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3% 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.
Textile market data book summary
| Market revenue in 2021 | USD 244,738.7 million |
| Market revenue in 2030 | USD 320,407.4 million |
| Growth rate | 3% (CAGR from 2021 to 2030) |
| Largest segment | Fashion |
| Fastest growing segment | Technical |
| 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, U.S. accounted for 15.7% 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 Scope
Textile Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. 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 75.73% in 2021. Horizon Databook has segmented the U.S. textile market based on household, technical, fashion covering the revenue growth of each sub-segment from 2017 to 2030.
The U.S. is expected to witness growth account of the growing industrial manufacturing, in terms of fashion, clothing, and apparel, coupled with technological advancements in textile industry. The U.S. is expected to remain a major consumer in the region owing to rising awareness among end-users about the benefits of technical textiles as well as the rising disposable income of consumers.
The U.S. is the largest market for textiles in the region. This is attributed to the increasing demand for clothing & accessories and general research & development in the field of high quality fabric. As per the National Council of Textile Organization (NCTO), the U.S. is the second-largest exporter of textile-related products in the world after China.
In addition, the country is a forerunner in technology based fabric manufacturing such as fabric with anti-static properties, antimicrobial fibers, heart rate & vital signs monitoring fabrics, life-saving body armors, and others.
Reasons to subscribe to U.S. textile market databook:
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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 U.S. 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 U.S. textile market, including forecasts for subscribers. This country databook contains high-level insights into U.S. textile market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. textile market size, by application, 2017-2030 (US$M)
U.S. Textile Market Share, 2021 & 2030 (US$M)
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