Global Textile Market – Global Industry Analysis and Forecast (2023-2029)

Global Textile Market size was valued at USD 1695.23 Bn in 2023 and is expected to reach USD 3041.24 Bn by 2030, at a CAGR of 7.7%

Global Textile Market Overview:


The goal of this research is to give a comprehensive overview of the Global Textile Market by segment, industry, and geography. The research includes thorough information on the primary elements impacting the Global Textile Market industry's growth. The research also includes an in-depth evaluation of the market's value chain.

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Market Scope:

The research technique used to analyze and predict the Global Textile Market begins with the collection of revenue data from major suppliers using secondary research sources. Vendor offers are also taken into account while developing market segmentation. The income of big firms was used to estimate the overall size of the Global Textile Market using the bottom-up technique.

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Segmentation:

by Product

Polyester
Natural Fiber
Nylon
Others


by Raw Material

Cotton
Wool
Silk
Chemicals
Others


by Application

Fashion and Clothing
Household
Technical
Industrial
Others


by Distribution Channel

Online Retail
Offline Retail


by End User

Automotive
Healthcare and Medical
Sports and Recreation
Aerospace and Defense
Agriculture and Horticulture
Construction and Infrastructure
Others

Key Players:

The major players covered in the Global Textile Market report are

Global
1. Inditex (Zara)
2. Adidas AG
3. H&M
4. VF Corporation
5. Alibaba Group

North America
6. Mohawk Industries
7. Hanesbrands Inc.
8. WestPoint Home
9. Milliken & Company

Europe:
10. Burberry Group PLC
11. Marks and Spencer Group plc

Asia Pacific:
12. Welspun India Ltd.
13. Shandong Ruyi Technology Group
14. Fast Retailing (UNIQLO)
15. Li & Fung Limited
16. Middle East and Africa
17. Nigerian Textile Mills Plc
18. Sappi Southern Africa Ltd.
19. Alok Industries Ltd.
20. Vlisco Group
21. David Whitehead & Sons (Africa)

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Regional Analysis:

A research team conducted extensive primary and secondary research for the worldwide industry's Global Textile Market study. Secondary research has been conducted in order to improve the available data, segment the market, assess total market size, forecast market size, and growth rate. Various approaches for calculating market value and market growth rate have been established. Our staff collects market facts and data from many areas in order to provide a more realistic regional perspective. The research's country-level analysis is developed by examining multiple regional stakeholders, regional tax laws and policies, consumer behavior, and macroeconomic indicators.

Separate market share data is provided for North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Analysts should maximize their competitive strengths and do competitive analysis on each rival independently.

COVID-19 Impact Analysis on Global Textile Market :

The Global Textile Market research also includes a complete assessment of COVID-19's influence on the Global Textile Market based on import, suppliers, and market players.

Key Questions Answered in the Global Textile Market Report are:

Which segment was responsible for the largest share in the Global Textile Market ?How was the competitive scenario of the Global Textile Market in 2023?Which are the key factors responsible for the Global Textile Market growth?Which region held the maximum share in the Global Textile Market in 2023?

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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