The Latin America textile market size reached USD 95.15 Billion in 2025. The market is projected to grow at a CAGR of 3.50% between 2026 and 2035, reaching almost USD 134.22 Billion by 2035.
Base Year
Historical Period
Forecast Period
Mexico is expected to lead the Latin America textile market over the forecast period.
The consolidated fashion sector of Colombia is recognised for its craftsmanship and high-quality.
Fashion and clothing is anticipated to dominate the market in the coming years.
Compound Annual Growth Rate
3.5%
Value in USD Billion
2026-2035
*this image is indicative*
The Latin America textile market growth can be attributed to factors such as rapid urbanisation, healthy economic growth in the region, and the rising demand for textiles in applications like apparel and home furnishing. In Latin America, Brazil is recognised for its man-made and natural fibres whereas Peru is reputed for its abundance of textile raw materials such as camel hair and llama, among others.
As American companies rise to the challenge of meeting supply chain problems amid rising geopolitical crises, the textile sector of Latin American countries like Mexico is expected to witness significant growth. This is because their proximity to the USA eases logistical complexities and reduces the cost of transportation of goods. Moreover, as the industry attempts to negotiate trade rules under the USMCA agreement, the Latin America textile market expansion is expected to receive a boost in the forecast period.
Sustainability has become an integral part of the Latin America textile market development. Peru-based textile manufacturer Nuevo Mundo is shifting towards utilising smart indigo technology for dyeing its denim fabrics. This is different from chemical production of liquid indigo, which emits 90% more carbon dioxide and consumes 70% more energy. It is also relatively more cost-effective and ensures a higher degree of occupational safety. This is expected to accelerate the market growth by prompting other companies to attract consumer attention by investing in sustainable technologies.
"Latin America Textile Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Material
Market Breakup by Product Type
Market Breakup by Application
Market Breakup by Country
The key market players are:
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The market was valued at nearly USD 95.15 Billion in 2025.
The market is projected to grow at a CAGR of 3.50% between 2026 and 2035.
The market is assessed to witness a healthy growth in the forecast period to reach around USD 134.22 Billion in 2035.
The different applications of textiles include household, technical, and fashion and clothing, among others.
The various materials used in textile include cotton, chemical, wool, and silk, among others.
The different product types considered in the market report are natural fibres, polyester, and nylon, among others.
The major countries in the market include Brazil, Mexico, and Argentina, among others.
The key market players are Anglés Textil S.A., Parkdale, Incorporated, Aztlan Textil SA de CV, Citosa Textiles SA de CV, CS Tech Contract Manufacturing, Novalan, S.A. de C.V., GRUPO TEXTIL ALTEX, S.A. DE C.V., TURBO YARN SA DE CV, Enka De Colombia S.A., CI Creytex SA, and Protela S.A, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Material |
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| Breakup by Product Type |
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| Breakup by Application |
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| Breakup by Country |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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