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Textile Market Size

  • Report ID: 6181
  • Published Date: Jun 13, 2024
  • Report Format: PDF, PPT

Textile Market Size

Textile Market size was over USD 978 Billion in 2023 and is anticipated to reach USD 2.4 Trillion by the end of 2036, growing at around 7.9% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of textile is assessed at USD 1055 Billion.

The reason behind this boost is impelled by the increasing e-commerce and the slated demand for garments in the fashion sector. According to a report by Forbes in 2024, more than 59% of the global population now have access to the Internet, and retail e-commerce was propelled to cross about USD 4 trillion in 2021.

Textile Market Overview
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Author Credits:  Rajrani Baghel


  • Report ID: 6181
  • Published Date: Jun 13, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of the textile market was over USD 978 billion.

The market size for the textile market is projected to cross USD 2.4 trillion by the end of 2036 expanding at a CAGR of 7.9% during the forecast period i.e., between 2024-2036.

The major players in the market are Dow, DuPont, BSL Limited, China Petroleum & Chemical Corporation, DuPont de Nemours Inc., Honeywell International Inc., INVISTA (Koch Industries Inc.), Paramount Textile Mills (P) Ltd., Solvay SA, Aditya Birla Ltd., and others.

In terms of raw materials, the chemicals segment is anticipated to account for the largest market share of 40% during 2024-2036.

The Asia Pacific textile sector is poised to hold the highest share of 52% by 2036.
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