Global Textile Market Size & Outlook, 2021-2030

The textile industry worldwide is expected to reach a projected revenue of US$ 3,047,146.4 million by 2030. A compound annual growth rate of 7.8% is expected of the worldwide textile industry from 2022 to 2030.

Revenue, 2021 (US$M)
$1,556,376.1
Forecast, 2030 (US$M)
$3,047,146.4
CAGR, 2022 - 2030
7.8%
Report Coverage
Worldwide

Global textile market highlights

  • The global textile market generated a revenue of USD 1,556,376.1 million in 2021 and is expected to reach USD 3,047,146.4 million by 2030.
  • The market is expected to grow at a CAGR (2022 - 2030) of 7.8% by 2030.
  • In terms of segment, fashion accounted for a revenue of USD 1,134,377.9 million in 2021.
  • Technical is the most lucrative application segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2021.
  • Country-wise, U.S. is expected to register the highest CAGR from 2022 to 2030.

Global data book summary

Market revenue in 2021USD 1,556,376.1 million
Market revenue in 2030USD 3,047,146.4 million
Growth rate7.8% (CAGR from 2021 to 2030)
Largest segmentFashion
Fastest growing segmentTechnical
Historical data covered2017 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHousehold, Technical, Fashion

Other key industry trends

  • In terms of revenue, the North America accounted for 19.7% of the global textile market in 2021.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 320,407.4 million by 2030.

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Textile Market Companies

Name Profile # Employees HQ Website

Global textile 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 market will help companies and investors design strategic landscapes.


Fashion was the largest segment with a revenue share of 72.89% in 2021. Horizon Databook has segmented the Global textile market based on household, technical, fashion covering the revenue growth of each sub-segment from 2017 to 2030.


  • Global Textile Application Outlook (Revenue, USD Million, 2017-2030)
    • Household
      • Bedding
      • Kitchen
      • Upholstery
      • Towel
      • Others
    • Technical
      • Construction
      • Transportation
      • Protective
      • Medical
      • Others
    • Fashion
      • Apparel
      • Ties & Clothing
      • Handbags
      • Others
    • Others
  • Global Textile Raw Material Outlook (Revenue, USD Million, 2017-2030)
    • Cotton
    • Chemical
    • Wool
    • Silk
    • Others
  • Global Textile Product Outlook (Revenue, USD Million, 2017-2030)
    • Natural Fibers
    • Polyester
    • Nylon
    • Others

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Target buyers of Global textile market databook

  • Our clientele includes a mix of textile market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global textile market, including forecasts for subscribers. This global databook contains high-level insights into Global textile market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Global textile market size, by regions, 2017-2030 (US$M)

Top 10 countries: Textile market size, 2021 (US$M)

Global textile market share, by application, 2021 & 2030 (%, US$M)

Textile Market: Opportunity Assessment By Country

Global textile market, by region, 2021 (US$M)

Global textile market size, by regions, 2017-2030 (US$M)

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