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The textile market size attained a value of USD 1023.52 Billion in 2025. The industry is expected to grow at a CAGR of 3.60% during the forecast period of 2026-2035. By 2035, the market is expected to reach USD 1457.79 Billion.
The growing importance of sustainability is one of the major textile market trends, as consumers and regulators are increasingly demanding eco-friendly products. Several brands, are thus, largely using recycled polyester and organic cotton to drive innovations in the market. In November 2024, Textile brand Kvadrat launched its first recycled polyester fabric to create from waste textiles rather than plastic bottles. Initiatives, such as the Better Cotton Initiative and Textile Exchange are also promoting responsible sourcing.
Global partnerships are fostering the textile market development by driving innovation, expanded market access, and accelerated sustainability initiatives. Collaborations between textile manufacturers, fashion brands, technology providers, and research institutions are enabling companies to pool resources and expertise. In May 2025, USA Global Trade rolled out an initiative to connect United States and Latin America through regional textile collaboration. These moves are also enabling faster adoption of advanced materials, circular systems, and smart textile technologies.
Waterless dyeing technologies and biodegradable fibres are increasingly adopted to reduce environmental footprints, further influencing the textile industry. In October 2024, DETERMINANT introduced its second Cotton Waterless Dye Collection for advancing sustainable waterless dyeing in men's shirts with modern style and quality. The rising awareness of microplastic pollution has accelerated the demand for natural and recycled fibres, pushing innovations in circular fashion and zero-waste manufacturing.
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Asia is a major producer of silk globally, accounting for 90% of mulberry and almost 100% of non-mulberry silk.
The textile sector constitutes about 2% of the global GDP every year.
Australia produces about a quarter of the world’s wool annually.
Key players in the textile market are employing several key strategies to gain competitive edges and meet the evolving consumer demands. Innovation and product diversification are helping companies to continuously develop new fabrics, designs, and sustainable materials that appeal to a broader audience and address environmental concerns. Sustainability is helping brands to adopt eco-friendly production processes, using organic fibres, and promoting recycling initiatives to attract environmentally conscious consumers. Textile firms are investing in e-commerce platforms, digital marketing, and social media engagement to enhance customer interaction.
Data analytics is further deployed to understand consumer preferences and forecast trends, enabling more targeted product development and inventory management. Supply chain optimization is helping to reduce costs and improve efficiency. Many players are adopting just-in-time manufacturing and forge strong supplier relationships to ensure timely delivery and maintain quality standards. Localization of production closer to key markets also helps reduce lead times and logistics expenses. Collaboration and partnerships with designers, technology providers, and retailers are strengthening brand presence and innovation capabilities.
BSL Limited
Founded in 1971 and headquartered in Rajasthan, India, BSL Limited is a prominent Indian textile manufacturer. The company specializes in producing poly-viscose suiting fabrics, cotton fabrics, yarns, and furnishings. With a robust presence in domestic and international markets, BSL Limited is recognized for its commitment to quality and innovation.
INVISTA S.R.L.
Established in 2004 and headquartered in Wichita, the United States, INVISTA S.R.L. is a global leader in fiber, resin, and intermediates. The company offers a wide range of products, including spandex, polyester, and nylon fibers for catering to various industries such as automotive, apparel, and home textiles.
Lu Thai Textile Co., Ltd.
Founded in 1987 and headquartered in Shandong Province, China, Lu Thai Textile Co., Ltd. is a leading textile manufacturer. The company produces yarn-dyed fabrics, shirts, and garments, utilizing materials, such as cotton, silk, wool, and chemical fibers. Lu Thai Textile exports its products to markets, including South Korea, Japan, Europe, and the United States.
Paramount Textile Limited
Founded in 1979 and located in Thirali, India, Paramount Textile Limited is a vertically integrated textile mill. The company specializes in manufacturing fine fabrics using specialty yarns such as Supima, Giza, and Suvin cotton. Paramount Textile is known for its high-quality bed linens and has a strong export presence in Europe and the United States.
Other players in the textile market are Paulo de Oliveira, S.A., Successori REDA S.p.A., Shadong Jining Ruyi Woolen Textile Co. Ltd., Shandong Demian Incorporated Company, Shijiazhuang Changshan Textile Co., Ltd, Weiqiao Textile Company Limited, DBL Group, B.D. Textile Mills Pvt. Ltd., IBENA Inc., Heytex Bramsche GmbH, Bahariye AS, Fratelli Balli S.p.A., ipekis Mensucat Turk A.S, Lakhmi Woollen Mills, Wilh. Wülfing GmbH & Co. KG, Lanificio F.lli Cerruti, Özlem Kumas, Ltd., Trabaldo Togna S.p.A., Yünsa Yünlü Sanayi ve Ticaret A.S., Xinhui Woollen Textile Co., Ltd., O'Formula Co., Ltd., Wuxi Xiexin Group Co., Ltd., The Bombay Dyeing & Mfg. Co., Ltd, Huafu Top Dyed Melange Yarn Co., Ltd., Mayur Fabrics, Solvay S.A., Sinopec Yizheng Chemical Fibre Company Limited, Li & Fung Group, JCT Limited, and Toray Industries, Inc., among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2025, the market reached an approximate value of USD 1023.52 Billion.
The market is projected to grow at a CAGR of 3.60% between 2026 and 2035.
The market is estimated to witness healthy growth during 2026-2035 to reach around USD 1457.79 Billionby 2035.
Textile is a flexible material composed of a network of natural or artificial fibres, called yarn.
Prato is considered to be one of the largest industrial districts in Italy, the largest textile centre in Europe, and an important centre for the production of woolen yarns and fabrics, globally.
Key strategies include sustainability through eco-friendly materials, technological innovation like smart fabrics, supply chain optimization, fast fashion and customization to meet consumer demand, and expanding into emerging markets. Collaborations with tech firms and startups also drive innovation and competitiveness in this evolving industry.
The key trends propelling the market growth include rising applications of textiles in various sectors and the growing fashion and clothing sector.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different product types included in the market report are natural fibres, polyester, and nylon, among others.
The key players in the market report include BSL Limited, INVISTA S.R.L., Lu Thai Textile Co., Ltd., Paramount Textile Limited, Paulo de Oliveira, S.A., Successori REDA S.p.A., Shadong Jining Ruyi Woolen Textile Co. Ltd., Shandong Demian Incorporated Company, Shijiazhuang Changshan Textile Co., Ltd, Weiqiao Textile Company Limited, DBL Group, B.D. Textile Mills Pvt. Ltd., IBENA Inc., Heytex Bramsche GmbH, Bahariye AS, Fratelli Balli S.p.A., ipekis Mensucat Turk A.S, Lakhmi Woollen Mills, Wilh. Wülfing GmbH & Co. KG, Lanificio F.lli Cerruti, Özlem Kumas, Ltd., Trabaldo Togna S.p.A., Yünsa Yünlü Sanayi ve Ticaret A.S., Xinhui Woollen Textile Co., Ltd., O'Formula Co., Ltd., Wuxi Xiexin Group Co., Ltd., The Bombay Dyeing & Mfg. Co., Ltd, Huafu Top Dyed Melange Yarn Co., Ltd., Mayur Fabrics, Solvay S.A., Sinopec Yizheng Chemical Fibre Company Limited, Li & Fung Group, JCT Limited, and Toray Industries, Inc., among others.
Polyester dominates the market, due to its affordability, wrinkle resistance, strength, and ease of care.
Textile market research is based on raw materials, product types, applications, regional trends, market demand, competitive landscape, and technological advancements.
Recent developments include the adoption of smart textiles, bio-based fibers, recycled polyester, digital printing technologies, and increased investments in sustainable manufacturing processes.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124