According to a market research report by Mordor Intelligence, the global textile market is projected to grow significantly, reaching a market size of USD 974.38 billion by 2030, up from USD 760.28 billion in 2025. This growth represents a steady compound annual growth rate (CAGR) of 5.09% during the forecast period. The expansion of the textile market is primarily driven by the rising demand for sustainable and circular textiles, with regions like Europe leading the charge in eco-friendly initiatives.

Introduction

The textile market is a dynamic and fast-evolving industry that has witnessed significant growth over the years. Valued at USD 760.28 billion in 2025, the textile market size is expected to reach USD 974.38 billion by 2030. This robust growth reflects a healthy CAGR of 5.09% during the forecast period from 2025 to 2030. Factors such as growing consumer awareness of sustainability, a shift towards eco-friendly practices, and the adoption of circular economy principles are reshaping the landscape of the textile industry.

The textile market share is becoming more diverse, supported by its wide applications across various sectors, including fashion and apparel, industrial textiles, and technical textiles. The rise of sustainable and circular textiles under the EU Green Deal is a key factor driving this growth, as companies adapt to meet the increasing demand for environment-friendly products. Additionally, textile manufacturers are incorporating new production techniques to reduce waste and improve the efficiency of resource use.

Report Overview: https://www.mordorintelligence.com/industry-reports/global-textile-industry---growth-trends-and-forecast-2019---2024?utm_source=prfree

Key Trends

Several key trends are shaping the textile market and influencing its growth trajectory:

Sustainability and Circular Economy: One of the most prominent trends in the textile market is the increasing emphasis on sustainability. The EU Green Deal, which promotes sustainable textile production and consumption, is significantly influencing market dynamics. Consumers are becoming more conscious of the environmental impact of their purchases, leading to a shift towards eco-friendly and recycled materials. Circular textile practices are gaining momentum, where old garments are recycled into new products, reducing waste and minimizing the environmental footprint.

Technological Advancements: The adoption of advanced technologies such as automation, digitalization, and 3D knitting is revolutionizing the textile production process. These innovations allow manufacturers to produce textiles more efficiently while reducing waste. Furthermore, digital printing technologies enable customizations and on-demand production, reducing inventory costs and providing greater flexibility to brands and retailers.

Growth in the Technical Textiles Segment: The technical textiles sector, which includes textiles used in non-apparel applications such as automotive, medical, and construction, is growing rapidly. The increasing demand for specialized textiles that offer unique properties, such as fire resistance, UV protection, and strength, is driving this growth. Technical textiles are becoming essential in a wide range of industries, from construction to healthcare, which is boosting their adoption.

Rise in Emerging Markets: Emerging markets, especially in Asia-Pacific, are experiencing significant growth in textile consumption. Countries like China and India are major contributors to the global textile market, not only as producers but also as consumers. Rising disposable incomes and the growing middle class in these regions are fueling the demand for textiles, especially in the apparel and home textiles sectors.

Shift Towards Online Retail: The textile market share is also witnessing a surge in online shopping, particularly in the fashion and apparel segments. E-commerce platforms are becoming a primary distribution channel for textile products, offering consumers a convenient and wide variety of choices. The increasing use of social media for marketing textile products is further driving this trend, especially among younger generations.

Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/global-textile-industry---growth-trends-and-forecast-2019---2024?utm_source=prfree

Market Segmentation

The textile market size is influenced by various factors, leading to a diverse segmentation across application, raw material, process/technology, and geography.

By Application:

Fashion & Apparel: This segment remains the largest, driven by the increasing demand for clothing across the globe, particularly in emerging markets.

Industrial/Technical Textiles: Used in sectors such as automotive, construction, and medical, this segment is witnessing rapid growth due to the need for specialized textiles with specific functionalities.

Home Textiles: This includes products such as bedding, curtains, and towels. The growing demand for home improvement products is driving growth in this segment.

By Raw Material:

Synthetic Fibers: These are widely used in the production of apparel, home textiles, and industrial textiles due to their durability and cost-effectiveness.

Natural Fibers: While synthetic fibers dominate, the demand for natural fibers like cotton, wool, and jute remains strong, especially in sustainable textile products.

Blended Fibers: Blended fibers, which combine both synthetic and natural materials, are gaining popularity for their versatility and performance characteristics.

By Process/Technology:

Woven: Traditional weaving techniques remain a significant part of the textile industry.

Non-Woven: The non-woven textile segment is growing due to its applications in medical textiles, filters, and packaging.

Knitted: Knitted textiles are increasingly used in apparel due to their comfort and flexibility.

By Geography:

Asia-Pacific: Dominating the textile market, with countries like China and India leading production and consumption.

Europe: Known for its focus on sustainable and high-quality textiles.

North America: The U.S. and Canada are important consumers of technical textiles and innovative textile products.

South America and Middle East: These regions are expected to witness growth, primarily in the textile production and consumption of home textiles and apparel.



For complete segmentation details, pls visit the Textile Market Report: https://www.mordorintelligence.com/industry-reports/global-textile-industry---growth-trends-and-forecast-2019---2024?utm_source=prfree

Key Players

The textile market share is highly competitive, with numerous players across different segments of the industry. Leading companies are focusing on expanding their product offerings, enhancing sustainability practices, and leveraging technological innovations to stay ahead of the competition.

Inditex (Zara): Known for its fast-fashion business model, Inditex has a strong presence in the global textile market, offering a wide range of affordable and trendy clothing.

Nike, Inc.: A leader in the sports apparel and footwear segment, Nike is increasingly focusing on sustainable practices, such as using recycled materials in its textile products.

H&M: This retail giant has made significant strides in promoting sustainable fashion, with a focus on circular textile production and recycling.

LVMH (Moët Hennessy Louis Vuitton): A luxury goods company with a strong textile and fashion segment, LVMH has been actively incorporating sustainability into its production processes.

Adidas: A leader in sustainable textile manufacturing, Adidas has committed to producing more eco-friendly and recyclable products.


Explore more insights on Textile Market Competitive Landscape: https://www.mordorintelligence.com/industry-reports/global-textile-industry---growth-trends-and-forecast-2019---2024/companies?utm_source=prfree

Conclusion

The textile market size is poised for steady growth, with key factors like sustainability, technological advancements, and the rise of technical textiles driving the industry forward. The increasing demand for sustainable and circular textile solutions, coupled with the growing consumption in emerging markets, is expected to further fuel market expansion. As companies continue to innovate and adapt to changing consumer preferences, the textile market share will continue to evolve, offering exciting opportunities for both manufacturers and consumers alike.


For a detailed overview and more insights on textile market, you can refer to the full market research report by Mordor Intelligence: https://www.mordorintelligence.com/industry-reports/global-textile-industry---growth-trends-and-forecast-2019---2024?utm_source=prfree

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