Global textile and apparel market has witnessed growth over the past years due to increasing population, rapid urbanization, rising disposable incomes in emerging economies and ever changing fashion trends. Textiles are one of the most visible representations of culture across regions. The market provides employment to over 60 million people globally and contributes significantly to the GDP of many economies. Innovation in fabric and processing technologies plays a key role in market growth as manufacturers cater to diverse consumer segments.

Market Dynamics:

Global textile and apparel market growth is driven by rising per capita incomes in developing nations, rapid growth of e-commerce fashion retailing, and changing consumer preferences towards sustainable and technologically advanced fabrics. However, stringent environmental regulations regarding effluents from dyeing and treatment processes can hamper the market growth. High dependency on imported raw materials and trade tensions among major trading blocs hamper the market growth.

 Key Features of the Study:

• This report provides in-depth analysis of the global textile and apparel market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global textile and apparel market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include BSL Limited, Lu Thai Textile Co., Ltd., Paramount Textile Limited, Paulo de Oliveira, S.A., Successori REDA S.p.A., Shijiazhuang Changshan Textile Co., Ltd, Solvay S.A., JCT Limited, The Bombay Dyeing & Mfg. Co., Ltd, Raymond , DBL Group, IBENA Inc., Adamjee Textiles, Heytex, TIROTEX, Fratelli Balli S.p.A., Lakhmi Woollen Mills, Australian Textile Mills, Mayur Fabrics, Helm Textile Mills.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global textile and apparel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global textile and apparel market.

Detailed Segmentation-

• By Material Type:
  • Natural
    • Cotton
    • Silk
    • Others (Wool, etc.)
  • Synthetic
    • Nylon
    • Polyester
    • Others (Blended Fibers, etc.)
• By Application:
  • Clothing Textiles
  • Technical Textiles
  • Fashion Textiles
  • Home-Décor Textiles
  • Others (Sports Textile, Industrial Textile, etc.)
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Company Profiles:

• BSL Limited
• Lu Thai Textile Co., Ltd.
• Paramount Textile Limited
• Paulo de Oliveira, S.A.
• Successori REDA S.p.A.
• Shijiazhuang Changshan Textile Co., Ltd
• Solvay S.A.
• JCT Limited
• The Bombay Dyeing & Mfg. Co., Ltd
• Raymond 
• DBL Group
• IBENA Inc.
• Adamjee Textiles
• Heytex 
• TIROTEX
• Fratelli Balli S.p.A.
• Lakhmi Woollen Mills
• Australian Textile Mills
• Mayur Fabrics
• Helm Textile Mills