Press release
Global Textile Market 2024 Future Scope, Industry Analysis, Competitive Landscape And Forecast To 2033
Textile Market
The Business Research Company offers in-depth market insights through Textile Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The textile market size has grown strongly in recent years. It will grow from $638.03 billion in 2023 to $689.54 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to growth in world population, increased demand for man-made fibers, government initiatives for the textile industry, strong economic growth in emerging markets and a ban on plastic usage.
The textile market size is expected to see strong growth in the next few years. It will grow to $903.45 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to global population growth and urbanization, a rapid growth in ecommerce, rising spend on leisure, increasing retail penetration, increasing internet penetration and smartphone usage and growing preference for contactless delivery solutions. Major trends in the forecast period include focus on adopting digital textile printing inks, focus on use of non-woven fabrics, focus on using organic fibers, focus on sustainable fibers, focus on using blockchain in the manufacturing processes, focus on implementing digital platforms in textile supply chain management, focus on collaborating with technology companies to design and develop smart fabrics, focus on adopting robotics and automation, focus on investing in artificial intelligence and focus on partnerships and collaborations to develop innovative products.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=2995&type=smp
Market Segmentation:
The textile market covered in this report is segmented -
1) By Type: Fabrics, Yarn, Fiber And Thread, Home Furnishings And Floor Coverings, Textile And Fabric Finishing And Fabric Coating Mills, Other Textile Product Mills
2) By Material: Cotton, Jute, Silk, Synthetics, Wool
3) By Process: Woven, Non-Woven
Sub segment: Broadwoven Fabrics, Narrow Fabric Mills And Schiffli Machine Embroidery, Non-Woven Fabrics, Knitted Fabrics, Home Furnishings, Floor Furnishings,Textile And Fabric Finishing Mills, Fabric Coating Mills
Major Driver - Online Shopping Fuels Growth In The Textile Manufacturing Market
The increasing demand for online shopping is expected to drive the textile manufacturing market. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically, driving the growth of the textile manufacturing market. In countries such as India, for instance, e-commerce portals have boosted the sales of traditional garments by giving larger exposure to producers who were confined to one geography.
Competitive Landscape:
Major companies operating in the textile market report are Toray Industries Inc., Sinopec Group, Mohawk Industries, Inc., TJX Companies, Far Eastern New Century, Tex Tech Industries, Ashley Furniture Industries, Inc., Beaulieu International Group, Santana Textiles LLC, Yarnz, Australian Textile Mills (ATM), Bruck Textiles, Spunchem Interntaional, Old Navy, Mattex Yarns, Daedong Company Limited, Magellan (Old Aladdin) Co. Ltd, Yarns Dubai, Arvind Ltd, Bombay Rayon Fashions Limited, Berry Global, Silkoplus German Embroidery Threads, Luthai Textile, Huafu, Siltex Brasil Ltda, Jiangsu Sunshine Co Ltd, Huafang Group Co Ltd, Shangtex Holding Co. Ltd., Shijiazhuang Changshan Textile Co Ltd, Margo, Lenzing, Coats, Laxtons, Ugurteks, Ardalanish Mill, , European Spinning Group, AMANN Group, Simba Textile Mills Pty. Ltd., Shandong Jining Ruyi Woolen Textile Co Ltd, Elena Furs, Fabreex, United Textiles, Michael Kors, Domarex SC, Tarkett S.A, Coats Bell Div. of Coats Canada Inc., Santista Argentina SA, Unifi, Inc., Albany International Corp., Vardhman Textiles, InPro Corporation, Dunmore Corp., Fabrico, The Yarn Room, Bally Ribbon Mills, Paramount Texteis, Converse, Brooks Brothers, Hollister, Aeropostale, American Eagle Outfitters, Abercrombie & Fitch, Saint Gobain Tape Solutions, Pettenati Industria Textil SA, GAP, Levi Strauss & Co., National Spinning Co, Evora SA, Hyosung TNC, Fabricato SA, Reliance Industries Limited, Sarwani International Corporation, Saudi Spinning & Textile Mill, Ralph Lauren, Fiacao Sao Bento S.A., Slywia Samulak, Town End Alpacas, Como Luxury fabrics, SELA, Gale Pacific Fze, Textil Sao Joao, Namsung Match Co. Ltd, Weiqiao Textile Company Limited, Aratex Group, Shandong Demian Incorporated Company, Terico Golzar, Fibertex South Africa, Elasticos Yarns, Trelleborg Engineered Coated Fabrics, Leena Egypt, AlSaraTex Co., Integrated Fibres Limited
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/textile-global-market-report
Top Trend - Smart Textiles Driving Demand For Textile Market
Advancements in wireless technologies and rising demand for connectivity are driving the demand for smart textiles. Smart textiles are fabrics capable of interacting with their environment. They have the ability to react to physical stimuli such as thermal, mechanical, electrical, and chemical sources. Sensors, actuators, and fabrics are the major components of smart textiles. The materials used in smart textiles include optical fibers, metals, and conductive polymers. They are widely used in fashion, entertainment, medical, transportation, sports and fitness, and the military. For example, Cityzen Science's, d-shirt, has a wide range of functions such as heart rate monitor, built-in GPS, accelerometer, altimeter.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Textile Market Characteristics
3. Textile Market Trends And Strategies
4. Textile Market - Macro Economic Scenario
5. Textile Market Size And Growth
…..
27. Textile Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Textile Market 2024 Future Scope, Industry Analysis, Competitive Landscape And Forecast To 2033 here
News-ID: 3424065 • Views: …
More Releases from The Business research company
Cast Resin Dry Type Transformer Market: Market Research Report on Market Size, G …
The cast resin dry type transformer market size has grown strongly in recent years. It will grow from $3.98 billion in 2023 to $4.28 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to the growth of urban areas and infrastructure development, increasing focus on energy efficiency and conservation, proliferation of data centers and it infrastructure,…
Construction Elastomers Market: Insights into Market Size, Growth Trends, and De …
The construction elastomers market size has grown strongly in recent years. It will grow from $5.79 billion in 2023 to $6.31 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to urbanization, energy efficiency, weather resistance, sustainable construction, infrastructure development.
The construction elastomers market size is expected to see strong growth in the next few…
Commercial Aircraft Airframe Materials Market: Market Share, Growth Drivers, and …
The commercial aircraft airframe materials market size has grown rapidly in recent years. It will grow from $6.72 billion in 2023 to $7.48 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to increased air traffic, increased travel and tourism, population growth, rise in disposable income, growth of the aviation industry .
The commercial aircraft airframe materials…
Chlor-Alkali Market Research Report: Market Size, Growth Trends, and Demand Fore …
The chlor-alkali market size has grown strongly in recent years. It will grow from $79.98 billion in 2023 to $86.26 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to growth in chemical manufacturing, increased water treatment demand, growth of the pulp and paper industry, increased pharmaceutical production, and increased demand for food processing.
The chlor-alkali market…
More Releases for Tex
Wallpaper Market Growth Outlook 2027 | York Wallcoverings, 4Walls, Len-Tex Corpo …
The Wallpaper market report will provide one with overall market analysis, statistics, and every minute data relating to the Wallpaper market necessary for forecasting its revenue, factors propelling & hampering its growth, key market players [York Wallcoverings,4Walls,Len-Tex Corporation,Koroseal Interior Products, LLC,Wallquest Inc.,Fidelity Wallcoverings Inc.,Brewster Home Fashions LLC.,The Wallpaper Company,Glamora S.r.l.,Arte-International], and much more. In addition, the key focus points of the report are services, analytics, billings, management, and system.
Scope:
The report…
Global and Chinese Kinesio Tex tape Industry, 2018 Market Research Report
The Global and Chinese Kinesio Tex tape Industry, 20132023 Market Research Report is a professional and indepth study on the current state of the global Kinesio Tex tape industry with a focus on the Chinese market. The report provides key statistics on the market status of the Kinesio Tex tape manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report…
Magniflex mattresses have the Oeko-Tex Standard 100 certification
The Oeko-Tex Standard 100 certification can be seen on all Magniflex mattresses and proves that they don’t contain any toxic substances that may be harmful to people or the environment. In fact, the Oeko-Tex rating is equal to the same type of certification required in baby clothing. Magniflex takes pride in the quality of their products and insists on using the most responsible materials and cutting edge technologies.…
Global Bench-top Sterilizer Market 2017 - Biobase, Tex Year, Runyes Medical
The Bench-top Sterilizer Market 2017 examines the performance of the Bench-top Sterilizer market, enclosing an in-depth judgment of the Bench-top Sterilizer market state and the competitive landscape globally. This report analyzes the potential of Bench-top Sterilizer market in the present as well as the future prospects from various angles in detail.
The Global Bench-top Sterilizer Market 2017 report includes Bench-top Sterilizer industry volume, market Share, market Trends, Bench-top Sterilizer Growth aspects,…
Inkcups Now Renews Oeko-Tex Standard 100 Class 1 Certification
Inkcups Now, Corp. (Danvers, MA) is pleased to announce their renewal of Oeko-Tex® Standard 100 Class 1 certification by the Hohenstein Textile Testing Institute for their Sapphire® SB series of ink. Class 1 certification is the strictest to obtain as it is tested and successfully proven non-harmful for contact to babies. By definition, the four product categories specified in Oeko-Tex® Standard 100 are described as follows:
1. Products for Babies
Products…
COCO-MAT Receives Okeo-Tex Standard 100 Certification
COCO-MAT, the well-known Greek mattress manufacturer, recently added one more feather to their cap in receiving the Oeko-Tex® Standard 100 Certification. The Oeko-Tex® Standard 100 is a globally uniform testing and certification system for textile raw materials as well as intermediate and end products at all stages of production. The final approval includes tests for harmful substances, prohibited chemicals, and hazardous substances as well as over a hundred test parameters…
