Reports
Sale
Mexico Textile Market Size, Share, Trends, Growth, Analysis: By Material: Cotton, Chemical, Wool, Silk, Others; By Product Type: Natural Fibres, Polyester, Nylon, Others; By Application: Household, Technical, Fashion and Clothing, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Mexico Textile Market Outlook
The Mexico textile market size is projected to grow at a CAGR of 5.4% between 2024 and 2032. The market is being driven by the growing availability of cheap and highly skilled labour in Mexico.
Key Takeaways:
- In 2022, Mexico exported $7.6 billion worth of textiles to the United States.
- Technical textiles are expected to constitute a major portion of the Mexico textile market share.
- Nearshoring is one of the key market trends positively affecting the market growth.
Free trade agreements such as NAFTA have made Mexico an increasingly attractive destination for many American textile manufacturing companies. This is because Mexico’s strategic location has made it easier for companies to export their products to the USA. Due to reduced shipping costs, short turnaround timelines, and shortened supply chains, multiple logistical challenges attributed to high oil prices have been removed. Moreover, the growing trend of nearshoring is contributing to the Mexico textile market development.
The availability of cheap and highly skilled labour is also contributing to the Mexico textile market expansion. This can be attributed to the numerous education programmes run by the manufacturing industry, which enables Mexican workers to specialise in the nuances of producing leather goods, seat covers, airbags, and other textile products. Moreover, the average rate of hiring cheap labour in Mexico is $4.75/hour, which is $0.76 lower than the labour cost of other countries such as China. This is expected to contribute to the market growth.
The increasing focus of Mexican textile manufacturers on carving a special niche for themselves is expected to drive the Mexico textile market growth as consumer demand for high-quality garments increases.
Market Segmentation
Mexico 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
Market Breakup by Region
- Baja California
- Northern Mexico
- The Bajío
- Central Mexico
- Pacific Coast
- Yucatan Peninsula
The key Mexico textile market players are Aztlan Textil SA de CV, Parkdale, Incorporated, 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, Cottonella, TEXPERT, SA de CV, and Anglés Textil S.A., among 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 |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*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 Others
9 Mexico Textile Market Overview
9.1 Key Industry Highlights
9.2 Mexico Textile Historical Market (2018-2023)
9.3 Mexico Textile Market Forecast (2024-2032)
10 Mexico 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 Mexico Textile Market by Product Type
11.1 Natural Fibres
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 Mexico Textile Market by Application
12.1 Household
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
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 (2018-2023)
12.2.2 Forecast Trend (2024-2032)
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 (2018-2023)
12.3.2 Forecast Trend (2024-2032)
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 Mexico Textile Market by Region
13.1 Baja California
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Northern Mexico
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 The Bajío
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Central Mexico
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Pacific Coast
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Yucatan Peninsula
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyers Powers
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Aztlan Textil SA de CV
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Parkdale, Incorporated
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Citosa Textiles SA de CV
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 CS Tech Contract Manufacturing
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Novalan, S.A. de C.V.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 GRUPO TEXTIL ALTEX, S.A. DE C.V.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 TURBO YARN SA DE CV
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Cottonella
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 TEXPERT, SA de CV
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Anglés Textil S.A.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 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. Mexico Textile Market: Key Industry Highlights, 2018 and 2032
3. Mexico Textile Historical Market: Breakup by Material (USD Billion), 2018-2023
4. Mexico Textile Market Forecast: Breakup by Material (USD Billion), 2024-2032
5. Mexico Textile Historical Market: Breakup by Product Type (USD Billion), 2018-2023
6. Mexico Textile Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
7. Mexico Textile Historical Market: Breakup by Application (USD Billion), 2018-2023
8. Mexico Textile Market Forecast: Breakup by Application (USD Billion), 2024-2032
9. Mexico Textile Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 5.4% between 2024 and 2032.
The different materials used in making textiles include cotton, chemical, wool, and silk, among others.
The different product types include natural fibres, polyester, and nylon, among others.
The different applications of textiles are household, technical, and fashion and clothing, among others.
The major regions in the market include Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The key market players are Aztlan Textil SA de CV, Parkdale, Incorporated, 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, Cottonella, TEXPERT, SA de CV, and Anglés Textil S.A., among others.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER