Chile Textile Market Report and Forecast 2024-2032

Chile Textile Market Outlook

The Chile textile market size reached approximately USD 6.34 billion in 2023. The market is projected to grow at a CAGR of 3.6% between 2024 and 2032, reaching a value of around USD 8.67 billion by 2032.

Key Takeaways

• Chile imported $5.57 billion worth of textiles in 2022, ranking as the 39th largest importer of textiles globally. During the same year, textiles held the position of the 5th most imported product in Chile.

• In 2023, the apparel imports of Chile amounted to $2,034.532 million, with the majority of imports coming from Asian suppliers, especially China, making up 70.15 percent of the total.

• Chile experienced significant growth in textile imports between 2021 and 2022, with China leading the way at $423M, followed by Bangladesh at $110M, and the United States at $34.1M.

The Chile textile market growth is driven by the expansion of the fashion and clothing sector, along with the increasing demand for sustainable textile products. The market has benefited from the rise of social media and shifting consumer preferences, particularly among the younger demographic, towards fashion products. Moreover, the integration of cutting-edge technology and the upgrading of equipment used in textile production, along with the rising popularity of e-textiles, are reshaping the market.

The preference for ecological and sustainable textile products is driven by increasing environmental concerns. Key industry players are actively utilising natural fabrics with minimal environmental impact to produce a wide range of items, including clothing, bags, and rugs. Numerous organisations and institutions in the country are dedicated to promoting sustainability through effective management of textile waste. For instance, Ecocitex, a social enterprise, collaborates with over 250 women-led businesses across Chile to sell 100% recycled textile products.

Furthermore, the textile sector has been experiencing notable advancements in the way textiles are manufactured and repurposed. Cutting-edge technologies like 3D printing, digital weaving, eco-friendly dyeing methods, the incorporation of intelligent fibres, and the utilisation of technology in the supply chain are transforming the fabric manufacturing process. These technological breakthroughs not only enhance efficiency but also create opportunities for customisation and quick adaptation to market needs, consequently driving up the Chile textile market share.

Market Segmentation

Chile Textile Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Material

• Cotton

• Chemical

• Wool

• Silk

• Others

Market Breakup by Product

• Natural Fibres

• Polyester

• Nylon

• Others

Market Breakup by Application

• Household
  • Bedding
  • Kitchen
  • Upholstery
  • Towel
  • Others

• Technical
  • Construction
  • Transport
  • Protective
  • Medical
  • Others

• Fashion and Clothing
  • Apparel
  • Ties and Clothing Accessories
  • Handbags
  • Others

• Others

Competitive Landscape

The market players are focusing on implementing sustainable and eco-friendly production techniques. Additionally, the adoption of advanced technologies in the textile sector is providing a strategic advantage to major companies.

• Crossville Fabric

• Badinotti Group S.P.A.

• Nilit Ltd (SENSIL)

• RadiciGroup

• BSL Limited

• Paulo de Oliveira, S.A.

• REDA S.p.A

• Fabricato S.A

• Santista Argentina SA

• Anglés Textil S.A.

• Others

Key Highlights of the Report