The global textile manufacturing market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period (2023–2030). The key driving factor for the market is the versatility of textiles and their several different uses. It is used in the automobile industry, the fashion and apparel industry, the construction industry, and in many other household applications such as bedsheets, towels, carpets, and others. In automobiles, it is used to make sunroofs, carpet, seat belts, sun visors, seat cover linings, and other parts. On the other hand, in construction, it is used for acoustic and thermal insulation and for building protection from the sun, wind, fire, and water.
Browse the full report description of “Textile Manufacturing Market Size, Share, and Trends Analysis Report by Product Type (Natural Fibers and Nylon), Raw Material (Cotton, Wool, Silk, and Chemical), Application (Technical and Fashion& Clothing) and Forecast Period (2023–2030)” at https://www.omrglobal.com/industry-reports/textile-manufacturing-market
Among all the industrial applications, the fashion and apparel industry holds a significant share of the market owing to the growing population that results in highapparel demand. According to the United States Census Bureau, as of March 2023,the world population amounts to about 8 billion. This shows the increasing demand for theapparel industry as well.
Another factor that is assisting in the market’s growth is the key players that are contributing to the market with their various product launches, market expansions, and investments. For instance, in February 2023, Roswell Textiles announced the commercialization of Ecofuse, plant-based low-carbon nonwoven textiles that can give carbon offsets and are designed to replace current synthetic nonwoven materials with more sustainable and ecologically friendly alternatives.
Market Coverage
• The Market Number Available for – 2022-2030
o Base year- 2022
o Forecast period- 2023-2030
• Segment Covered-
o By ProductType
o By Raw Material
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape-BSL Ltd., China Textiles Ltd., Grasim Industries Ltd., Hyosung TNC, INVISTA Srl., JCT Ltd., and others.
Key questions addressed in the report
• What is the market growth rate?
• Which segment and region dominated the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected regions and segments
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Textile Manufacturing Market Report Segment
By Product Type
By Raw Material
By Application
Global Textile ManufacturingMarket Report Segment by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East and Africa
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