The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global textile market reached a value of US$ 960.2 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.4% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Textile refers to the materials manufactured using thin threads, fibers and filaments of natural, artificial or combination sources. The textile fibers are usually manufactured by interlocking the yarns by weaving, knitting and felting in specific patterns and further processing them to form a length of a cloth. Some of the natural textiles include cotton, silk, jute, denim, flannel, hemp, leather, velvet, wool and linen. On the other hand, artificial textiles include nylon, polyester, acetate, acrylic, polar fleece, rayon and spandex. Certain textiles exhibit various favorable properties, such as high resistance against acids, alkalis, temperatures and moisture and are thereby widely used for the manufacturing of apparel, cushioning and insulating materials, carpets, air filters and coated fabrics.
Significant growth in the apparel industry across the globe is one of the key factors creating a positive outlook for the market. Furthermore, widespread adoption of nylon as a cost-effective substitute of natural silk for the manufacturing of durable flak vests, parachutes and dress materials. There is also a shifting consumer preference for wool as an effective insulation material in winter wear, blankets, comforters, carpets and upholstery. These textiles, along with polyethylene (PE), polypropylene (PP), aramid and polyamide, are also extensively used to cover heavy machinery for minimizing noise and protecting the equipment from vibrations. Additionally, various product innovations, such as the launch of optical fibers and conductive polymers that are sensitive to physical, mechanical, thermal, electrical and chemical stimuli, are contributing to the market growth. Other factors, including rising expenditure capacities of the consumers, along with increasing demand for natural and sustainable textile products, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global textile market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on raw material, product and application.
Breakup by Raw Material:
Breakup by Product:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aditya Birla Ltd., Arvind Limited, Asahi Kasei Corporation, BSL Limited, China Petroleum & Chemical Corporation, DuPont de Nemours Inc., Honeywell International Inc., INVISTA (Koch Industries Inc.), Paramount Textile Mills (P) Ltd, Solvay and Toray Industries Inc.
|Base Year of the Analysis||2020|
|Segment Coverage||Raw Material, Product, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Aditya Birla Ltd., Arvind Limited, Asahi Kasei Corporation, BSL Limited, China Petroleum & Chemical Corporation, DuPont de Nemours Inc., Honeywell International Inc., INVISTA (Koch Industries Inc.), Paramount Textile Mills (P) Ltd, Solvay and Toray Industries Inc.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at