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According to a report by Expert Market Research (EMR), the global textile market size was valued at USD 987.95 billion in 2024. With the growing demand for apparel and fabrics across diverse industries, along with the expanding applications of textiles in technological and industrial sectors, the market is expected to grow at a compound annual growth rate (CAGR) of 3.6% from 2025 to 2034, reaching a value of USD 1,354.27 billion by 2034.
The textile industry, a key player in the global economy, encompasses a broad range of products, including fabrics, yarns, clothing, and non-woven textiles. The market growth is largely driven by the continued evolution of fashion trends, the increasing demand for functional and innovative textiles, as well as the expanding usage of textiles in sectors such as automotive, healthcare, and technology. From traditional fabric production to cutting-edge smart textiles, the industry is undergoing profound transformations that present both opportunities and challenges.
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Rising Demand for Apparel and Clothing: One of the primary factors contributing to the growth of the global textile market is the consistently high demand for apparel and clothing. With a global population exceeding 8 billion and an increasing middle-class demographic, particularly in emerging economies, the consumption of textiles in the form of clothing is expected to remain a significant market driver. As urbanization continues to spread and fashion trends evolve, there is an escalating demand for diverse types of clothing, further fueling the growth of the textile industry.
The rise of e-commerce platforms has also made apparel more accessible to consumers worldwide, facilitating increased online sales of textiles and clothing. With fast fashion leading to rapid product turnover and the growth of sustainable fashion becoming more evident, the need for innovative fabric production and textile technology has never been greater.
Technological Innovations in Textiles: Advancements in textile technology have significantly broadened the scope of textile applications, leading to a growing market for functional and performance-oriented fabrics. Smart textiles, which incorporate electronics and sensors, are gaining traction in industries such as healthcare, automotive, and sportswear. For instance, textiles integrated with wearable technology can monitor vital signs, track physical activity, and even change color or form in response to environmental stimuli. This is anticipated to drive demand in high-tech applications, further boosting market growth.
Furthermore, textiles that offer enhanced properties like water resistance, fire retardancy, and UV protection are increasingly in demand across various sectors, from military and defense to consumer goods and medical textiles. The ongoing development of sustainable, eco-friendly textiles, such as bio-based and biodegradable fabrics, is also playing a pivotal role in shaping the future of the textile industry.
Rising Awareness of Sustainability: The growing awareness of environmental sustainability is influencing various industries, including textiles. Consumers, especially in developed markets, are increasingly seeking eco-friendly and ethically sourced products. This has prompted textile manufacturers to adopt more sustainable practices, such as using organic cotton, recycled materials, and water-efficient manufacturing techniques.
The demand for sustainable fabrics like organic cotton, hemp, and bamboo is expected to increase, and brands are being pressured to demonstrate corporate responsibility through transparency in sourcing, manufacturing, and disposal practices. The textile industry is also focusing on reducing its carbon footprint, with innovations such as plant-based dyes, waterless dyeing technologies, and recycling programs for used garments contributing to its greener future.
Growing Demand for Technical Textiles: The demand for technical textiles, which are designed for specific applications beyond regular apparel, is another key factor driving market growth. These textiles are used in industries such as healthcare, automotive, agriculture, and construction. In healthcare, medical textiles are used for products like surgical gowns, bandages, and wound dressings, while in automotive, textiles are utilized for seat covers, airbags, and insulation materials.
The rising application of nonwoven fabrics in the production of wipes, diapers, and personal protective equipment (PPE) is another significant development. The COVID-19 pandemic heightened the importance of hygiene-related products, accelerating the demand for nonwoven textiles in health and safety applications. The continued growth of technical textiles is expected to contribute substantially to the overall textile market over the coming years.
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The market can be divided based on material type, product type, application, and region.
Market Breakup by Material Type
Market Breakup by Product Type
Market Breakup by Application
Market Breakup by Region
Some of the major players explored in the report by Expert Market Research are as follows:
Despite its positive outlook, the global textile market faces several challenges. One of the key issues is the environmental impact of textile production, particularly in terms of water consumption, chemical usage, and waste generation. The growing emphasis on sustainability necessitates significant investments in cleaner technologies and more responsible production practices.
Another challenge is the volatility of raw material prices, such as cotton and synthetic fibers, which can affect profit margins and pricing strategies. Supply chain disruptions, like those seen during the COVID-19 pandemic, also pose risks to the stability of the global textile market, leading to potential delays and increased costs.
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