PUBLISHER: Grand View Research | PRODUCT CODE: 1790082
PUBLISHER: Grand View Research | PRODUCT CODE: 1790082
Textile Market Summary
The global textile market size was estimated at USD 1.11 billion in 2024 and is projected to reach USD 1.61 billion by 2033, growing at a CAGR of 4.2% from 2025 to 2033. The demand for textiles is rising due to fast fashion, growing urbanization, and increasing disposable incomes in emerging economies. Consumer preferences are shifting toward trendy, comfortable, and affordable clothing, fueling retail apparel demand.
In addition, the rise of e-commerce platforms has made textile products more accessible globally. There is also increasing use of technical textiles in industries such as automotive, construction, and healthcare. Population growth and higher per capita clothing consumption are accelerating textile production. Seasonal fashion cycles and influencer-led marketing have further escalated demand. Moreover, post-pandemic recovery is reviving both consumer and industrial textile usage.
Key drivers include a booming apparel industry, technological advancements in textile manufacturing, and the expansion of organized retail. Sustainability is a growing driver as eco-friendly and organic fibers attract environmentally conscious consumers. Industrial uses of textiles-such as geotextiles, medical textiles, and automotive interiors-are growing rapidly. Government policies supporting textile parks and export incentives also play a major role. Increased demand for home decor and furnishing textiles further contributes to the market growth. In addition, demand for anti-bacterial, fire-resistant, and water-repellent fabrics is increasing across sectors, especially in defense and healthcare.
There is a strong trend toward smart textiles, such as fabrics integrated with sensors and conductive fibers for health and fitness monitoring. Bio-based and recycled fibers are gaining momentum, with brands adopting closed-loop systems. Digital textile printing is revolutionizing custom apparel and reducing water waste. Blockchain is being tested for textile traceability and transparency. Fashion brands are launching biodegradable and zero-waste collections. Growth in 3D knitting technology enables faster, on-demand production with reduced material wastage. In addition, collaborations between fashion and tech companies are creating innovative wearable technologies.
Global Textile Market Report Segmentation
This report forecasts revenue & volume growth at regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global textile market report based on raw material, product, application, and region: