Market Overview:
The global textile market exhibited moderate growth during 2015-2020. 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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global textile market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, raw material, product and application.
Breakup by Raw Material:
- Cotton
- Chemical
- Wool
- Silk
- Others
Breakup by Product:
- Natural Fibers
- Polyesters
- Nylon
- Others
Breakup by Application:
- Household
- Technical
- Fashion and Clothing
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
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.
Key Questions Answered in This Report:
- How has the global textile market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global textile market?
- What are the key regional markets?
- What is the breakup of the market based on the raw material?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global textile market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Textile Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Raw Material
6.1 Cotton
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Chemical
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Wool
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Silk
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Product
7.1 Natural Fibers
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Polyesters
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Nylon
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Household
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Technical
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Fashion and Clothing
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Aditya Birla Ltd.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.2 Arvind Limited
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Asahi Kasei Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 BSL Limited
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 China Petroleum & Chemical Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.6 DuPont de Nemours Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Honeywell International Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 INVISTA (Koch Industries Inc.)
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Paramount Textile Mills (P) Ltd
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.10 Solvay
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Toray Industries Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
List of Figures
Figure 1: Global: Textile Market: Major Drivers and Challenges
Figure 2: Global: Textile Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Textile Market: Breakup by Raw Material (in %), 2020
Figure 5: Global: Textile Market: Breakup by Product (in %), 2020
Figure 6: Global: Textile Market: Breakup by Application (in %), 2020
Figure 7: Global: Textile Market: Breakup by Region (in %), 2020
Figure 8: Global: Textile (Cotton) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 9: Global: Textile (Cotton) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 10: Global: Textile (Chemical) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 11: Global: Textile (Chemical) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 12: Global: Textile (Wool) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 13: Global: Textile (Wool) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 14: Global: Textile (Silk) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 15: Global: Textile (Silk) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 16: Global: Textile (Other Raw Materials) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 17: Global: Textile (Other Raw Materials) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 18: Global: Textile (Natural Fibers) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 19: Global: Textile (Natural Fibers) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 20: Global: Textile (Polyesters) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 21: Global: Textile (Polyesters) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 22: Global: Textile (Nylon) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 23: Global: Textile (Nylon) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 24: Global: Textile (Other Products) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 25: Global: Textile (Other Products) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 26: Global: Textile (Household) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 27: Global: Textile (Household) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 28: Global: Textile (Technical) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 29: Global: Textile (Technical) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 30: Global: Textile (Fashion and Clothing) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 31: Global: Textile (Fashion and Clothing) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 32: Global: Textile (Other Applications) Market: Sales Value (in Billion US$), 2015 & 2020
Figure 33: Global: Textile (Other Applications) Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 34: North America: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 35: North America: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 36: United States: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 37: United States: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 38: Canada: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 39: Canada: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 40: Asia-Pacific: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 41: Asia-Pacific: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 42: China: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 43: China: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 44: Japan: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 45: Japan: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 46: India: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 47: India: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 48: South Korea: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 49: South Korea: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 50: Australia: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 51: Australia: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 52: Indonesia: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 53: Indonesia: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 54: Others: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 55: Others: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 56: Europe: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 57: Europe: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 58: Germany: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 59: Germany: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 60: France: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 61: France: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 62: United Kingdom: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 63: United Kingdom: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 64: Italy: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 65: Italy: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 66: Spain: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 67: Spain: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 68: Russia: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 69: Russia: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 70: Others: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 71: Others: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 72: Latin America: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 73: Latin America: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 74: Brazil: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 75: Brazil: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 76: Mexico: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 77: Mexico: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 78: Others: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 79: Others: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 80: Middle East and Africa: Textile Market: Sales Value (in Billion US$), 2015 & 2020
Figure 81: Middle East and Africa: Textile Market: Breakup by Country (in %), 2020
Figure 82: Middle East and Africa: Textile Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 83: Global: Textile Industry: SWOT Analysis
Figure 84: Global: Textile Industry: Value Chain Analysis
Figure 85: Global: Textile Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Textile Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Textile Market Forecast: Breakup by Raw Material (in Billion US$), 2021-2026
Table 3: Global: Textile Market Forecast: Breakup by Product (in Billion US$), 2021-2026
Table 4: Global: Textile Market Forecast: Breakup by Application (in Billion US$), 2021-2026
Table 5: Global: Textile Market Forecast: Breakup by Region (in Billion US$), 2021-2026
Table 6: Global: Textile Market: Competitive Structure
Table 7: Global: Textile Market: Key Players