The global Textile Market size is estimated to touch USD 1,350.2 billion by 2027. The market is expected to register the CAGR of 4.3 % over the forecast duration, according to a new report by Million Insights, Growing disposable income and rapid urbanization in emerging countries such as India, Mexico, Brazil and China are anticipated to propel the market growth over the next few years.
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Market Synopsis of Textile Market:
Growing demand for personal protective equipment to ensure work safety and rising demand from the healthcare sector is bolstering the product demand. Further, the emergence of e-commerce sectors that led to wide penetration of clothing and related materials are driving the growth of textiles market.
Technical advancement in electronic industry and the growing use of materials for conductivity have led to a rise in demand for smart textile. Further, development of upholstery products obtained from spider silk and coated fabrics is estimated to positively affect the market growth.
Owing to the presence of several local and international players, the market is competitive in nature. Major players in collaboration with several e-commerce giants are focusing on increasing the penetration of their products. Moreover, the growing trend of offering tailor-made products are supplementing the market growth.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Textile: Market Variables, Trends & Scope
Chapter 4 Textile: Product Estimates & Trend Analysis
Chapter 5 Textile: Application Estimates & Trend Analysis
Chapter 6 Textile: End-use Estimates & Trend Analysis
Chapter 7 Textile: Industrial End-use Estimates & Trend Analysis
Chapter 8 Textile: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Textile: Manufacturers Company Profiles
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