Textile Fabrics Market Size

Textile Fabrics Market size was USD 639.1 billion in 2024 and is estimated to reach USD 1.5 trillion by the end of 2037, expanding at a CAGR of 7.05% during the forecast period, i.e., 2025-2037. In 2025, the industry size of textile fabrics is evaluated at USD 684.03 billion.

The textile fabrics market is expanding mainly due to the fashion industry's constant need for clothing and the explosive rise of e-commerce platforms. According to a 2021 UN Trade & Development (UNCTAD) report, the percentage of total retail sales from online retail sales jumped from 16% to 19% in 2020 due to the sharp expansion in e-commerce under the COVID-19 mobility restrictions. According to the most recent figures, e-commerce revenues increased by 4% worldwide from 2018 to USD 26.7 trillion in 2019.

The fashion and lifestyle sectors are seeing a rise in millennial demand for materials to produce classic, timeless designs as e-commerce gains traction. To meet this demand, online fabric retailers import high-quality textiles from around the globe, driving demand for the textile fabrics market.

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of textile fabrics was over USD 639.1 billion.

The market size for textile fabrics is projected to cross USD 1.5 trillion by the end of 2037 expanding at a CAGR of 7.05% during the forecast period i.e., between 2025-2037.

The major players in the market are Wolfin Textiles Ltd., Bombay Rayon Fashions Limited, Premier Textiles Limited, Stratasys Ltd., Klopman International S.r.l., TJX Companies, Inc., Zalando SE, Philips-Van Heusen Corporation, VF Corporation, Ralph Lauren Corporation, and others.

The polyester segment is anticipated to garner a share of 53.2% during 2025-2037.

The Asia Pacific textile fabrics sector is poised to hold a 43.7% share by the end of 2037.

Textile Fabrics Market Size