The global textile market is anticipated to grow at a CAGR of around 4.4% during the forecast period 2020 to 2027 and to reach around US$ 1,315.0 Bn by 2027.
Market Dynamics
Increasing consumer spending on clothing and rising demand for smart textile form various end use industries are major factors expected to drive the growth of global textile market. Consumers are spending high on apparel. Players are spending high on online selling with the focus to increase the customer base. Retail sales from women's clothing stores reached approximately US$ 39 Bn in 2019, with revenue for the women's apparel market in the United States reaching a total of US$ 187.8 Bn. Players are investing high in R&D activities with the focus to deliver better textile material. Their approach towards introduction of enhanced product in order to increase the customer base and enhance the product offerings is expected to impact the growth of textile market.
In 2020, NYCOA, a global manufacturer of specialty engineered nylon, launched new nylon products “NYCOSIX, NYCO66, NYCOSEAL, NYCOTUFF, NYCOFILL, NYFLEX, NXTAMID, NYCOBOND, and NYCOADAPT”. This product launch is expected to help the company to enhance the product portfolio and increase the revenue share.
In 2020, Coral Eyewear launched a new eyewear collection made with regenerated nylon. This product launch is expected to attract new customers and aid to increase the company revenue.
Chancing regulatory scenario and government of developing countries approach towards spending high on strengthening the regional manufacturing capabilities are factors expected to boost the growth of textile market. According to India Brand Equity Foundation, Defense Research and Development Organization (DRDO) is helping the Indian textile industry to produce yarns and eliminate dependence on import of Chinese and other foreign clothing for military uniforms. Favorable business policies and emergence of small & mid-size enterprises with innovative solutions are factors expected to impact the market growth. Government of India in 2020, launched production linked incentive scheme to provide incentives for manufacture and export of specific textile products made of man-made fibre. Factors such as fluctuating raw material prices and stringent government regulations related to product are factors expected to hamper the growth of global textile market. In addition, high competition on low profit ratio is expected to challenge the player’s survival in the industry further challenging the growth of target market. However, high investment by major players for R&D activities and rising demand for technical textile are factors expected to create new opportunities for players operating in the textile market over the forecast period. In addition, increasing acquisition activities by players in order to enhance the business is expected to support the revenue transaction of the target market.
Segment Analysis by Region
The market in North America is expected to account for a noticeable revenue share in the global textile market due to increasing demand for smart textile from automotive and chemical industry. In addition, presence of large number of players operating in the country and introduction of innovative solutions is expected to impact the growth of target market. Players focus on enhancing the business through strategic mergers is expected to boost the regional textile growth.
The market in Asia Pacific is expected to witness faster growth in the target market due to increasing government spending on development of textile industry. Under Union Budget 2020-21, a National Technical Textiles Mission is proposed for a period from 2020-21 to 2023-24 at an estimated outlay of US$ 211.76 Mn. In addition, major players approach towards tracking the untapped market in developing countries is expected to boost the market growth.
Competitive Landscape
The global textile market is highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Textile Market Segment Analysis, 2019
The global textile market is segmented into raw material, product and application. The raw material segment is bifurcated into cotton, chemical, wool, silk, and others. Among raw material the cotton segment is expected to account for major revenue share in the global textile market. The product segment is divided into natural fibers, polyesters, nylon, and others. Among product the natural fibers segment is expected to account for a noticeable revenue share in the target market. Players operating in the global textile market are BSL Limited, INVISTA S.R.L., Lu Thai Textile Co., Ltd., Paramount Textile Limited, Paulo de Oliveira, S.A., Successori REDA S.p.A., Shandong Jining Ruyi Woolen Textile Co. Ltd., Sinopec Yizheng Chemical Fibre Company Limited, China textiles Ltd., Rhodia SA, Li & Fung Group, and Modern Woollens Ltd.
Market Segmentation
Market By Raw Material
Cotton
Chemical
Wool
Silk
Others
Market By Product
Natural fibers
Polyesters
Nylon
Others
Market By Application
Household
- Bedding
- Kitchen
- Upholstery
- Towel
- Others
Technical
- Construction
- Transport
- Medical
- Protective
Fashion & Clothing
- Apparel
- Ties & Clothing accessories
- Handbags
- Others
Others
Market By Geography
North America
• U.S.
• Canada
Europe
• U.K.
• Germany
• France
• Spain
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
Latin America
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa
• GCC
• South Africa
• Rest of Middle East & Africa
CHAPTER 1. Industry Overview of Textile
1.1. Definition and Scope
1.1.1. Definition of Textile
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Textile Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Textile Market By Raw Material
1.2.3. Textile Market By Product
1.2.4. Textile Market By Application
1.2.5. Textile Market by Regions
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restrain 1
3.2.2. Restrain 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Textile Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Textile Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2019
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2019
4.2. R&D Status and Application Source of Textile Major Manufacturers in 2019
CHAPTER 5. Textile Market By Raw Material
5.1. Introduction
5.2. Textile Revenue By Raw Material
5.2.1. Textile Revenue (US$ Mn) and Forecast, By Raw Material, 2016-2027
5.2.2. Cotton
5.2.2.1. Cotton Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.3. Chemical
5.2.3.1. Chemical Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.4. Wool
5.2.4.1. Wool Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.5. Silk
5.2.5.1. Silk Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
5.2.6. Others
5.2.6.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 6. Textile Market Revenue By Product
6.1. Introduction
6.2. Textile Revenue (US$ Mn) By Product
6.2.1. Textile Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
6.2.2. Natural fibers
6.2.2.1. Natural fibers Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.3. Polyesters
6.2.3.1. Polyesters Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.4. Nylon
6.2.4.1. Nylon Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
6.2.5. Others
6.2.5.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 7. Textile Market By Application
7.1. Introduction
7.2. Textile Revenue (US$ Mn) By Application
7.2.1. Textile Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
7.2.2. Household
7.2.2.1. Household Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.2.2. Bedding
7.2.2.2.1. Bedding Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.2.3. Kitchen
7.2.2.3.1. Kitchen Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.2.4. Upholstery
7.2.2.4.1. Upholstery Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.2.5. Towel
7.2.2.5.1. Towel Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.2.6. Others
7.2.2.6.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.3. Technical
7.2.3.1. Technical Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.3.2. Construction
7.2.3.2.1. Construction Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.3.3. Transport
7.2.3.3.1. Transport Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.3.4. Medical
7.2.3.4.1. Medical Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.3.5. Protective
7.2.3.5.1. Protective Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.4. Fashion & Clothing
7.2.4.1. Fashion & Clothing Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.4.2. Apparel
7.2.4.2.1. Apparel Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.4.3. Ties & Clothing accessories
7.2.4.3.1. Ties & Clothing accessories Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.4.4. Handbags
7.2.4.4.1. Handbags Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.4.5. Others
7.2.4.5.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
7.2.5. Others
7.2.5.1. Others Market Revenue (US$ Mn) and Growth Rate (%), 2016-2027
CHAPTER 8. North America Textile Market By Country
8.1. North America Textile Overview
8.2. U.S.
8.2.1. U.S. Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016-2027
8.2.2. U.S. Textile Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.2.3. U.S. Textile Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
8.3. Canada
8.3.1. Canada Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016-2027
8.3.2. Canada Textile Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
8.3.3. Canada Textile Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
8.4. North America PEST Analysis
CHAPTER 9. Europe Textile Market By Country
9.1. Europe Textile Market Overview
9.2. U.K.
9.2.1. U.K. Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016-2027
9.2.2. U.K. Textile Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.2.3. U.K. Textile Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.3. Germany
9.3.1. Germany Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016-2027
9.3.2. Germany Textile Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.3.3. Germany Textile Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.4. France
9.4.1. France Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016-2027
9.4.2. France Textile Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.4.3. France Textile Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.5. Spain
9.5.1. Spain Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016-2027
9.5.2. Spain Textile Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.5.3. Spain Textile Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.6. Rest of Europe
9.6.1. Rest of Europe Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016-2027
9.6.2. Rest of Europe Textile Market Revenue (US$ Mn) and Forecast By Product, 2016-2027
9.6.3. Rest of Europe Textile Market Revenue (US$ Mn) and Forecast By Application, 2016-2027
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Textile Market By Country
10.1. Asia Pacific Textile Market Overview
10.2. China
10.2.1. China Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016 - 2027
10.2.2. China Textile Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.2.3. China Textile Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.3. Japan
10.3.1. Japan Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016 - 2027
10.3.2. Japan Textile Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.3.3. Japan Textile Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.4. India
10.4.1. India Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016 - 2027
10.4.2. India Textile Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.4.3. India Textile Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.5. Australia
10.5.1. Australia Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016 - 2027
10.5.2. Australia Textile Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.5.3. Australia Textile Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.6. South Korea
10.6.1. South Korea Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016 - 2027
10.6.2. South Korea Textile Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.6.3. South Korea Textile Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016 - 2027
10.7.2. Rest of Asia-Pacific Textile Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
10.7.3. Rest of Asia-Pacific Textile Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Textile Market By Country
11.1. Latin America Textile Market Overview
11.2. Brazil
11.2.1. Brazil Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016 - 2027
11.2.2. Brazil Textile Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.2.3. Brazil Textile Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.3. Mexico
11.3.1. Mexico Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016 - 2027
11.3.2. Mexico Textile Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
11.3.3. Mexico Textile Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
11.4. Rest of Latin America
11.4.1. Rest of Latin America Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016 - 2027
11.4.2. Rest of Latin America Textile Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
CHAPTER 12. Middle East & Africa Textile Market By Country
12.1. Middle East & Africa Textile Market Overview
12.2. Saudi Arabia
12.2.1. Saudi Arabia Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016 - 2027
12.2.2. Saudi Arabia Textile Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
12.2.3. Saudi Arabia Textile Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.3. UAE
12.3.1. UAE Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016 - 2027
12.3.2. UAE Textile Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
12.3.3. UAE Textile Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Textile Market Revenue (US$ Mn) and Forecast By Raw Material, 2016 - 2027
12.4.2. Rest of Middle East & Africa Textile Market Revenue (US$ Mn) and Forecast By Product, 2016 - 2027
12.4.3. Rest of Middle East & Africa Textile Market Revenue (US$ Mn) and Forecast By Application, 2016 - 2027
CHAPTER 13. PLAYER ANALYSIS OF TEXTILE
13.1. Textile Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Textile Market
CHAPTER 14. COMPANY PROFILE
14.1. BSL Limited
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (US$ Mn), 2019
14.1.3.2. BSL Limited 2019 Textile Business Regional Distribution
14.1.4. Product/ Service and Specification
14.1.5. Manufacturing Plant Footprint Analysis
14.2. INVISTA S.R.L.
14.3. Lu Thai Textile Co., Ltd.
14.4. Paramount Textile Limited
14.5. Paulo de Oliveira, S.A.
14.6. Successori REDA S.p.A.
14.7. Shandong Jining Ruyi Woolen Textile Co. Ltd.
14.8. Sinopec Yizheng Chemical Fibre Company Limited
14.9. China textiles Ltd.
14.10. Rhodia SA
14.11. Others
