The North American textile market is anticipated to grow at a CAGR of around 4% during the forecast period. There are numerous demand drivers in the region for the textile industry. Growth in the population, aging of the population, increasing environmental concerns, geopolitics, and world conflicts, and favorable government regulations and trade agreements are the primary drivers of the textile market in the region. Sustainable and recyclable textile materials and products have seen a tremendous upsurge in the region as the present society is becoming increasingly concerned by the human impact on the environment, the textile industry is very much keen to respond to the newer environmental concerns, not only in terms of best practices in production processes but also through new product developments.

The North American textile market is segmented based on material and application. Based on material, the textile market is segmented into cotton, jute, silk, synthetic, wool, and others. The synthetic segment is expected to be the front-runner and grow at a rapid pace during the forecast period. High demand in the fashion and apparel industry and the high growth rate of construction and automotive industries, especially in emerging economies, is driving the growth of the market. The application segment includes fashion and clothing, industrial/technical, and household. The household applications segment is anticipated to lead the market share by a hefty share and grow at an increased rate due to the growing fashion sensitivity of urban consumers toward home furnishings. The household textile products with unique features, designs, and utility, are comparatively higher-priced than other types of conventional home textile products. The superior-quality, comfortable, and innovative home textiles are in high demand among the customers. In order to meet the rising demand, manufacturers increased investment in the new production capacity.

Country-wise, the North American textile market is bifurcated into the US and Canada. The textile market in Canada is globally competitive, in terms of product quality, selection, and price. The Canadian textile industry is internationally competitive, in terms of price, quality, and product variety. The country’s primary industry is technologically advanced, productive, and efficient as any across the globe. Key technological developments have emerged to complement the shift from natural to synthetics and blends, including the adoption of weaving, electronic and computerized control equipment, advanced spinning, nonwoven, and finishing machinery, knitting, and advanced methods for reducing energy consumption.

The textile industry in North America is less diversified with the majority of the market share is held by large-scale enterprises. The region is home to a large number of textile giants including Glen Raven, Inc., Elevate Textiles, Inc. (International Textile Group), Koch Industries, Inc., Ralph Lauren Corp., Toray Industries, Inc., and VF Corp. among others. 

Research Methodology

The market study of the North American textile market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. North American Textile Market Research and Analysis by Material
2. North American Textile Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the North American textile market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American textile market.
• Insights about market determinants which are stimulating the North American textile market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.