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Colombia Textile Market Size, Share, Trends, Growth, Report: By Material: Cotton, Chemical, Wool, Silk, Others; By Product Type: Natural Fibers, Polyester, Nylon, Others; By Application: Household, Technical, Fashion and Clothing, Others; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Colombia Textile Market Outlook
The Colombia textile market size reached approximately USD 5.04 billion in 2023. The market is projected to grow at a CAGR of 4.70% between 2024 and 2032, reaching a value of around USD 7.62 billion by 2032.
Key Takeaways
- The total expenditure on fashion in the nation reached US$1,479 million in March 2023.
- In the year 2021, Colombia witnessed the presence of over 35,000 apparel companies, more than 200 yarn companies, and over 7,000 textile production companies.
- In 2022, the textile sector saw exports totalling US$962.6 million, marking a 6.5% growth compared to the previous year.
The Colombia textile market growth is driven by the rising demand from diverse sectors, including fashion and clothing, as well as the flourishing e-commerce sector. The considerable public investment in the textile sector further enhances the potential for lucrative opportunities and growth within the Colombian textile market.
As per the Colombia textile market analysis, the growing demand for natural products positively influences the market due to greater environmental awareness among Colombian population. Natural fabrics such as cotton, wool, and silk are softer and more breathable, durable, and cost-effective than other synthetic fibres. They are especially suitable for people who suffer from allergies and have sensitive skin. Additionally, the automobile sector is experiencing steady growth due to increased exports of Colombian vehicles around the world due to zero-tariff free trade agreements, as well as increasing purchasing power and rising standards of living. The increase in the purchase of passenger cars is also creating enormous opportunities for the market.
The growing demand for medical textiles in Colombia due to increasing medical tourism and increasing cleanliness standards are indirectly influencing the growth of the market. Medical textile products, such as personal protective equipment (PPE), masks, and surgical clothing, provide comfort and help establish a barrier between healthcare personnel and the patient, ensuring improved hygiene and sterility.
Market Segmentation
Colombia 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 Type
- Natural Fibers
- 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
Market players are focusing on the adoption of sustainable production methods and the integration of cutting-edge technologies in textile manufacturing.
- Textilia
- Parkdale, Incorporated
- Artextil
- Enka De Colombia S.A.
- CI Creytex SA
- Protela S.A
- ASITEX
- FABRICATO SA
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Material |
|
| Breakup by Product Type |
|
| Breakup by Application |
|
| Market Dynamics |
|
| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Textile Market Overview
8.1 Key Industry Highlights
8.2 Latin America Textile Historical Market (2018-2023)
8.3 Latin America Textile Market Forecast (2024-2032)
8.4 Latin America Textile Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Colombia
8.4.5 Others
9 Colombia Textile Market Overview
9.1 Key Industry Highlights
9.2 Colombia Textile Historical Market (2018-2023)
9.3 Colombia Textile Market Forecast (2024-2032)
10 Colombia Textile Market by Material
10.1 Cotton
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Chemical
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Wool
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Silk
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Colombia Textile Market by Product Type
11.1 Natural Fibers
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Polyester
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Nylon
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Colombia Textile Market by Application
12.1 Household
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.1.3 Breakup by Type
12.1.3.1 Bedding
12.1.3.2 Kitchen
12.1.3.3 Upholstery
12.1.3.4 Towel
12.1.3.5 Others
12.2 Technical
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.2.3 Breakup by Type
12.2.3.1 Construction
12.2.3.2 Transport
12.2.3.3 Protective
12.2.3.4 Medical
12.2.3.5 Others
12.3 Fashion and Clothing
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.3.3 Breakup by Type
12.3.3.1 Apparel
12.3.3.2 Ties and Clothing Accessories
12.3.3.3 Handbags
12.3.3.4 Others
12.4 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyers Powers
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Trade Data Analysis (HS Code: 5903)
14.1 Major Importing Countries
14.1.1 By Volume
14.1.2 By Value
14.2 Major Exporting Countries
14.2.1 By Volume
14.2.2 By Value
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Textilia
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Parkdale, Incorporated
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Artextil
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Enka De Colombia S.A.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 CI Creytex SA
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Protela S.A
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 ASITEX
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 FABRICATO SA
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Textile Market: Key Industry Highlights, 2018 and 2032
2. Colombia Textile Market: Key Industry Highlights, 2018 and 2032
3. Colombia Textile Historical Market: Breakup by Material (USD Billion), 2018-2023
4. Colombia Textile Market Forecast: Breakup by Material (USD Billion), 2024-2032
5. Colombia Textile Historical Market: Breakup by Product Type (USD Billion), 2018-2023
6. Colombia Textile Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
7. Colombia Textile Historical Market: Breakup by Application (USD Billion), 2018-2023
8. Colombia Textile Market Forecast: Breakup by Application (USD Billion), 2024-2032
9. Major Importing Countries by Volume
10. Major Exporting Countries by Volume
11. Major Importing Countries by Value
12. Major Exporting Countries by Value
13. Colombia Textile Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 5.04 billion.
The market is estimated to grow at a CAGR of 4.70% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 7.62 billion by 2032.
The primary drivers fuelling the market expansion are the rising demand from sectors like fashion and clothing, the expanding population, improvement in production methods, and increasing clothing purchases on e-commerce platforms.
The key trends aiding the market expansion include the increasing demand for natural textiles and the growing adoption of cutting-edge production technologies and the rising integration of sustainable methods.
The major types of materials, according to the market report are cotton, chemical, wool, and silk, among others.
The major product types in the market are natural fibres, polyester, and nylon, among others.
The major players in the market are Textilia, Parkdale, Incorporated, Artextil, Enka De Colombia S.A., CI Creytex SA, Protela S.A, ASITEX, and FABRICATO SA, among others.
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