In a pivotal move within the textile industry, in 2024, Aditya Birla Fashion and Retail (ABFRL) solidified a game-changing agreement, cementing its intent to acquire a controlling 51% stake in TCNS Clothing Company Limited.

The Textile Market size was valued at USD 1825.76 Billion in 2024 and the total Textile revenue is expected to grow at a CAGR of 7.7% from 2025 to 2032, reaching nearly USD 3304.98 Billion.

Textile Market Overview:

The purpose of this study is to provide a thorough examination of the Textile market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Textile market's growth. The study also offers a comprehensive analysis of the market's value chain.

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Textile Market Scope:

The research method used to assess and anticipate the Textile market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Textile market was calculated using the revenue of significant enterprises.

Textile Market Segmentation:

by Product

Polyester
Natural Fiber
Nylon
Others

by Raw Material

Cotton
Wool
Silk
Chemicals
Others

by Application

Fashion and Clothing
Household
Technical
Industrial
Others

by Distribution Channel

Online Retail
Offline Retail

by End User

Automotive
Healthcare and Medical
Sports and Recreation
Aerospace and Defense
Agriculture and Horticulture
Construction and Infrastructure
Others

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Textile Market Key Players:

The major players covered in the Textile market report are

Global
1. Inditex (Zara)
2. Adidas AG
3. H&M
4. VF Corporation
5. Alibaba Group

North America
6. Mohawk Industries
7. Hanesbrands Inc.
8. WestPoint Home
9. Milliken & Company

Europe:
10. Burberry Group PLC
11. Marks and Spencer Group plc

Asia Pacific:
12. Welspun India Ltd.
13. Shandong Ruyi Technology Group
14. Fast Retailing (UNIQLO)
15. Li & Fung Limited
16. Middle East and Africa
17. Nigerian Textile Mills Plc
18. Sappi Southern Africa Ltd.
19. Alok Industries Ltd.
20. Vlisco Group

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Textile Market Regional Analysis:

Global, North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

COVID-19 Impact Analysis on Textile Market:

Aerospace and defence, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Textile market in general, as well as the growth rate, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Textile industry, which is driving through the COVID-19 emergency to handle risk digitising jobs in order to convey trusted data and experiences to the CEOs.

Key Questions Answered in the Textile Market Report are:

• Which segment grabbed the largest share in the Textile market?
• How was the competitive scenario of the Textile market ?
• Which are the key factors responsible for the Textile market growth?
• Which region held the maximum share in the Textile market ?

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