Global textiles (cotton, jute, silk, synthetics, wool) markets of $ 821 billion, 2015-2020, 2020-2025F, 2030F

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DUBLIN, August 10, 2021 / PRNewswire / – The report “Textile Global Market Report 2021: COVID-19 Impact and Recovery to 2030” has been added to ResearchAndMarkets.com offer.

The global textile market is expected to grow by $ 594.61 billion in 2020 at $ 654.57 billion in 2021 at a compound annual growth rate (CAGR) of 10.1%.

The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges.

The market is expected to reach $ 821.87 billion in 2025 at a CAGR of 6%.

Major companies in the textile market include Toray Industries Inc; Mohawk Industries; Indorama Corporation Pte Ltd; Beaulieu International Group and Weiqiao Textile Company Limited.

The textile market consists of sales of textiles by entities (organizations, independent traders and partnerships) that produce fibers, yarns, yarns, carpets, rugs, linens and other textile products. The textile market is segmented into other textile product factories; fabrics; yarns, fibers and yarns; furnishings and floor coverings; and textile and fabric finishing and fabric coating plants.

Asia Pacific was the largest region in the global textile market, accounting for 51% of the market in 2020. Western Europe was the second largest region accounting for 17% of the world textile market. Africa was the smallest region of the world textile market.

Advances in wireless technologies and growing demand for connectivity are driving the demand for smart textiles. Smart textiles are fabrics capable of interacting with their environment. They have the ability to react to physical stimuli such as thermal, mechanical, electrical and chemical sources.

Sensors, actuators and fabrics are the major components of smart textiles. Materials used in smart textiles include optical fibers, metals, and conductive polymers. They are widely used in fashion, entertainment, medicine, transportation, sports, fitness and military. For example, the Cityzen Science t-shirt has a wide range of functions such as heart rate monitor, built-in GPS, accelerometer, altimeter.

Coronavirus pandemic – The coronavirus disease (COVID-19) outbreak acted as a massive restriction in the textile manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption was decreased due to blockages imposed by governments around the world.

Growth of e-commerce – The growing demand for online shopping is expected to drive the textile manufacturing market. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically, leading to the growth of the textile manufacturing market. in countries like India, for example, e-commerce portals boosted sales of traditional clothing by giving greater visibility to producers who were confined to a single geographic area.

Main topics covered:

1. Summary

2. Structure of the report

3. Characteristics of the textile market
3.1. Market definition
3.2. Key segmentation

4. Analysis of textile market products
4.1. Leading products / services
4.2. Main characteristics and differentiators
4.3. Development products

5. Textile market supply chain
5.1. Supply Chain
5.2. Distribution
5.3. End customers

6. Information on customers in the textile market
6.1. Customer Preferences
6.2. End-use market size and growth

7. Textile market trends and strategies

8. Impact of COVID-19 on textiles

9. Size and growth of the textiles market
9.1. Market size
9.2. Historical market growth, value (in billions of dollars)
9.2.1. Market pilots
9.2.2. Market restrictions
9.3. Market growth forecast, value (in billions of dollars)
9.3.1. Market pilots
9.3.2. Market restrictions

10. Regional analysis of the textile market
10.1. Global Textiles Market, 2020, by Region, Value (USD Billion)
10.2. Global textile market, 2015-2020, 2020-2025F, 2030F, historical and forecast, by region
10.3. Global Textile Market, Growth and Market Share Comparison, By Region

11. Segmentation of the textiles market
11.1. Global textiles market, segmentation by type, history and forecast, 2015-2020, 2020-2025F, 2030F, in USD billion

  • Other textile products factories
  • Fabrics
  • Yarns, fibers and yarns
  • Furniture and floor coverings
  • Textile and fabric finishing and fabric coating plants

11.2. Global textile market, segmentation by material, history and forecast, 2015-2020, 2020-2025F, 2030F, in billions of dollars

  • Cotton
  • Jute
  • Silk
  • Synthetics
  • Oldest boy

11.3. Global textile market, segmentation by process, history and forecast, 2015-2020, 2020-2025F, 2030F, in billions of dollars

12. Textile market segments
12.1. Global Other Textile Product Mills Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value (USD Billion)
12.2. Global Fabrics Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value (USD Billion) – Wide Woven Fabrics; Narrow fabric and Schiffli machine embroidery factories; Non-woven fabrics; Knitted fabrics
12.3. Global Yarn, Fiber and Yarn Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value (USD Billion)
12.4. Global Home Furnishings and Flooring Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value (USD Billion) – Home Furnishings; Flooring
12.5. Global Textile and Fabric Finishing and Fabric Covering Plants Market, Segmentation by Type, 2015-2020, 2020-2025F, 2030F, Value (USD Billion) – Textile and Fabric Finishing Plants; Fabric coating plants

13. Textile market metrics
13.1. Textile market size, percentage of GDP, 2015-2025, global
13.2. Average textile market expenditure per capita, 2015-2025, worldwide

Companies mentioned

  • Toray Industries Inc
  • Mohawk Industries
  • Indorama Corporation Pte Ltd
  • International Beaulieu Group
  • Weiqao Textile Company Limited

For more information on this report, visit https://www.researchandmarkets.com/r/l3gjki

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