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Textile Market Size

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Report ID: 6181
Published Date: Nov 15, 2024
Report Format: PDF, PPT

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Textile Market Size

Textile Market size was valued at USD 1.94 trillion in 2024 and is set to exceed USD 4.79 trillion by 2037, expanding at over 7.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of textile is evaluated at USD 2.05 trillion.

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.

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Textile Market Size & Share - Growth Trends 2037

Author Credits: Rajrani Baghel

Report ID: 6181
Published Date: Nov 15, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of textile is evaluated at USD 2.05 trillion.

The textile market size was valued at USD 1.94 trillion in 2024 and is set to exceed USD 4.79 trillion by 2037, expanding at over 7.2% CAGR during the forecast period i.e., between 2025-2037. The market growth is propelled by increasing e-commerce and the slated demand for garments in the fashion sector.

Asia Pacific industry is set to hold largest revenue share of 52% by 2037, propelled by surge in population which required a huge amount of clothing and several related accessories in this developing economy in the region.

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.

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