Textile Market – Industry Trends and Forecast to 2030 Leaders: Growth, Share, Value, Size, and Scope

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 Textile Market Size And Forecast by 2031

Data Bridge Market Research analyses that the Global Textile Market which was USD 1122 Billion in 2022 is expected to reach USD 2961.72 Million by 2030 and is expected to undergo a CAGR of 12.90% during the forecast period of 2022 to 2030. Textile Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of  Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.

Global Textile Market Segmentation Analysis

Global Textile Market, By Raw Material (Cotton, Chemical, Wool, Silk, Others), Product (Natural Fibers, Polyesters, Nylon, Others), Application (Household, Technical, Fashion & Clothing, Others), Process Type (Woven, Non-Woven) – Industry Trends and Forecast to 2030


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 Which are the top companies operating in the Textile Market?

The “Global Textile Market ”study report will provide a valuable insight with an emphasis on the global market. The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Textile Market extension. This Textile Market report provides the information of the Top 10 Companies in Textile Market in the market their business strategy, financial situation etc.

The global textile market is expected to witness significant growth from 2022 to 2030. Factors such as the increasing demand for sustainable and eco-friendly textiles, technological advancements in the industry, and the rising disposable income of consumers are driving this growth. The market is also being influenced by changing fashion trends, the growth of e-commerce, and the impact of the COVID-19 pandemic on consumer behavior.

**Segments**

- By Type: The textile market can be segmented into fibers, yarns, fabrics, and others. Fibers segment includes natural fibers like cotton, wool, silk, and synthetic fibers like polyester, nylon, and acrylic. Yarns segment covers spun yarns, filament yarns, and blended yarns. Fabrics segment includes woven, knitted, and non-woven fabrics.
- By Application: Textiles are used in various applications including apparel, home textiles, technical textiles, and industrial textiles. The apparel segment is further categorized into casual wear, formal wear, sportswear, and others. Home textiles include bedding, towels, curtains, and upholstery. Technical textiles are used in automotive, construction, healthcare, and other industries.

**Market Players**

- Nike Inc.: A leading player in the global textile market, Nike is known for its innovative and sustainable textile products. The company focuses on incorporating recycled materials and reducing its environmental footprint.
- Adidas AG: Another key player in the market, Adidas offers a wide range of textile products that cater to different consumer segments. The company's focus on sustainability and innovation has helped it maintain a strong position in the market.
- Inditex: As one of the largest fashion retailers in the world, Inditex plays a significant role in the textile market. The company's diverse portfolio of brands and emphasis on fast fashion have contributed to its success.
- H&M: H&M is known for its affordable and trendy textile products, catering to a global customer base. The company is actively working towards increasing the use of sustainable materials inThe global textile market is experiencing a significant shift towards sustainability and eco-friendliness, driven by consumer demand for ethically produced products and the growing awareness of environmental issues. This trend has led to a surge in the adoption of recycled materials, organic fibers, and responsible manufacturing practices within the textile industry. Major players in the market, such as Nike Inc., Adidas AG, Inditex, and H&M, have been quick to respond to this shift by incorporating sustainable practices into their supply chains and product offerings.

Nike Inc. has emerged as a leader in sustainable textiles, leveraging its reputation for innovation to develop cutting-edge materials that reduce environmental impact. The company's focus on recycling and reducing waste has resonated with consumers who are increasingly seeking out eco-friendly alternatives. Similarly, Adidas AG has made significant strides in sustainability, with initiatives such as the use of recycled plastics in its products and partnerships to drive circular economy solutions. By aligning its brand with environmental values, Adidas has strengthened its market position and appeal to environmentally conscious consumers.

Inditex, the parent company of fashion giant Zara, has also made sustainability a top priority in its operations. With a diverse portfolio of brands and a global presence, Inditex has the scale to drive meaningful change across the industry. By emphasizing transparency and ethical sourcing practices, the company has been able to build trust with consumers and position itself as a leader in sustainable fashion. Additionally, H&M has been proactive in adopting sustainable practices, such as its garment collection program and commitment to using organic cotton in its products.

The textile market is evolving rapidly, with advancements in technology playing a crucial role in driving innovation and sustainability. From blockchain tracking systems to 3D printing and smart textiles, manufacturers are exploring new ways to improve efficiency, reduce waste, and meet the growing demand for sustainable products. The rise of e-commerce has also transformed the way consumers shop for textiles, offering convenience and a wider range of choices. The COVID-19 pandemic further accelerated the shift towards online**Market Players:**
- Lu Thai Textile Co., Limited (China)
- REDA GROUP (France)
- Paramount Textiles (India)
- Paulo de Oliveira, SA (Portugal)
- Nike, Inc. (US)
- Adidas AG (Germany)
- Aditya Birla Management Corporation Pvt. Ltd. (India)
- Levi Strauss & Co. (US)
- Arvind Limited (India)
- Bombay Rayon Fashions Limited (India)
- Fabindia (India)
- Cotton Corporation of India (India)
- Dorothy Perkins (UK)
- Bruno Banani (Germany)
- CONE DENIM LLC (US)
- Canterbury Antex Knitting Mills (US)
- Coville (US)
- Loyal Textile (India)
- Reliance Industries Limited (India)
- YI CHUN TEXTILE LTD (Taiwan)
- Shahlon Group (India)
- Weiqiao Textile Company Limited (China)
- China Textiles (Shenzhen) Co., Ltd (China)
- HuaFang Group (China)

The global textile market is undergoing a significant transformation driven by the increasing demand for sustainable and eco-friendly products. Consumers are becoming more conscious of the environmental impact of their purchases, leading to a shift towards ethically produced textiles. Major market players such as Nike, Adidas, Inditex, and H&M have recognized this trend and are actively incorporating sustainable practices into their operations.

Nike Inc. and Adidas AG

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Research Methodology of Data bridge Market Research:

Data Bridge Market Research typically follows a comprehensive research methodology for analyzing and reporting on market trends, including the Textile Market. The research methodology generally involves the following steps:

1. Data Collection

• Primary Research: This involves conducting interviews, surveys, and direct interactions with industry experts, market participants, and key opinion leaders. Primary data is crucial for gaining insights into the market's current dynamics, trends, and growth factors.


• Secondary Research: This includes gathering data from publicly available sources like company reports, press releases, industry journals, government publications, and reputable databases. Secondary research helps in understanding the market's historical trends and the competitive landscape.

2. Market Segmentation and Data Analysis

• Segmentation: The Textile Market is segmented based on various factors such as type, application, region, and end-user. This segmentation allows for a more detailed analysis of each Textile Market segment.


• Data Analysis: Advanced analytical tools and techniques, such as SWOT analysis, PESTLE analysis, Porter’s Five Forces analysis, and regression analysis, are used to interpret the data. These tools help in identifying key market trends, growth drivers, opportunities, and challenges.

3. Market Estimation

• Top-Down and Bottom-Up Approaches: These approaches are used to estimate and validate the market size. The top-down approach involves analyzing the overall market and then narrowing it down to specific segments, while the bottom-up approach starts from individual segments and aggregates them to estimate the total market size.


• Data Triangulation: Multiple data sources are compared and analyzed to ensure the accuracy and reliability of the market estimates.

4. Validation

• Expert Validation: The findings and market estimates are validated through discussions with industry experts and key stakeholders. This step ensures that the data and insights are accurate and reflect the market reality.


• Cross-Verification: The data is cross-verified with multiple sources to ensure consistency and accuracy.

5. Report Compilation and Presentation

• Drafting the Report: Once the data analysis is complete, the findings are compiled into a comprehensive report. The report includes a detailed analysis of market trends, forecasts, competitive landscape, and strategic recommendations.


• Final Review: The report undergoes a final review to ensure that it meets the quality standards and provides valuable insights to the clients.

6. Ongoing Updates

• Continuous Monitoring: The market is continuously monitored, and the reports are updated periodically to reflect the latest market trends and developments.

This structured approach ensures that the research conducted by Data Bridge Market Research is thorough, accurate, and provides actionable insights for stakeholders in the Textile Market.

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