Middle East & Africa Textile Fiber Market Size & Outlook
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MEA textile fiber market highlights
- The MEA textile fiber market generated a revenue of USD 1,594.2 million in 2024.
- The market is expected to grow at a CAGR of 2.6% from 2025 to 2030.
- In terms of segment, synthetic fiber was the largest revenue generating product type in 2024.
- Synthetic Fiber is the most lucrative product type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2024 | USD 1,594.2 million |
| Market revenue in 2030 | USD 1,860.9 million |
| Growth rate | 2.6% (CAGR from 2025 to 2030) |
| Largest segment | Synthetic fiber |
| Fastest growing segment | Synthetic Fiber |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural Fiber, Synthetic Fiber, Other Product Types |
Other key industry trends
- In terms of revenue, MEA region accounted for 3.3% of the global textile fiber market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 30,541.5 million by 2030.
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Textile Fiber Market Scope
Textile Fiber Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| HYOSUNG TNC | View profile | 1001-5000 | Mapo, Seoul-t'ukpyolsi, South Korea, Asia | http://www.hyosungtnc.com/ |
| Alpek SA Class A | View profile | 5867 | Avenida Gomez Morin Sur No. 1111, Col. Carrizalejo, San Pedro Garza Garcia, NL, Mexico, 66254 | https://www.alpek.com |
| Reliance Industries Ltd GDR - 144A | View profile | 389414 | 222, Nariman Point, 3rd Floor, Maker Chambers IV, Mumbai, MH, India, 400021 | https://www.ril.com |
| Lenzing AG | View profile | 7798 | Werkstrasse 2, Lenzing, Austria, 4860 | https://www.lenzing.com |
| Indorama Ventures PCL ADR | View profile | 11125 | Asoke Road, Klongtoeynua, 37th Floor, Soi Sukhumvit 19, 75/102, Ocean Tower II, Bangkok, Thailand, 10110 | https://www.indoramaventures.com |
| Teijin Ltd | View profile | 24499 | 6-7, Minami Hommachi 1-chome, Chuo-ku, Osaka, Japan, 541-8587 | http://www.teijin.co.jp |
| Toray Industries Inc | View profile | 48682 | Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, Japan, 103-8666 | http://www.toray.co.jp |
Middle East & Africa textile fiber market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to textile fiber market will help companies and investors design strategic landscapes.
Synthetic fiber was the largest segment with a revenue share of 59.72% in 2024. Horizon Databook has segmented the Middle East & Africa textile fiber market based on natural fiber, synthetic fiber, other product types covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East & Africa textile fiber industry is driven by the expansion of textile fiber production capabilities in Africa, particularly in countries such as Ethiopia, Kenya, and South Africa, which is further driving market growth.
African nations are emerging as major players in global textile supply chains due to their abundant natural resources, including cotton, wool, and silk, as well as strategic government incentives to attract foreign investment.
Ethiopia, for example, has positioned itself as a textile and apparel manufacturing hub, offering incentives such as tax breaks and duty-free access to key export markets. The establishment of industrial parks and textile clusters is enabling the region to enhance fiber production, reduce raw material import dependency, and cater to both domestic and international textile markets.
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Target buyers of Middle East & Africa textile fiber market databook
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Our clientele includes a mix of textile fiber market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa textile fiber market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa textile fiber market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa Textile Fiber Market Outlook Share, 2024 & 2030 (US$M)
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