Global sales of textiles are likely to capture a market value of US$995 billion in 2022,  and by accumulating a market value of  US$1,440 billion over the 2022-2032 assessment period , will grow by 3.77  Expected to record a CAGR of  % .

This report examines the current trends, growth opportunities, constraints, and market drivers projected to influence the overall dynamics of the textile market insights over the assessment period.

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  Textile Market Segmentation

  • By raw material
    • cotton fabric
    • silk fabric
    • Chemical textile
    • wool textile
    • Other textiles
  • by product
    • polyester fabric
    • nylon fiber
    • natural fiber textile
    • Other textile products
  • By use
    • Fashion/Apparel Textile
      • Necktie, fashion goods
      • handbag
      • clothes
      • others
    • home textiles
      • upholstery
      • towel
      • bedding
      • kitchen
      • others
    • technical textiles
      • shipping
      • medicine
      • construction
      • protection
    • Textiles for other uses

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competitive environment

Textile manufacturers focus on acquiring distribution networks and launching digital collections to drive their sales.

 

  • In August 2021, Donear Group acquired Mayur Suiting's distribution network. The company is focused on solidifying its global footprint by enhancing its sales portfolio.
  • In February 2021, Successori REDA SpA and Cerruti worked together to launch a platform named “Collection” through this collaboration. The company provides consumers with an excellent fabric selection experience. 

major companies

  • Lu Thai Textile Co., Ltd.
  • Modern Woolens Co., Ltd.
  • mayur suit
  • Shadong Jining Ruyi Woolen Textile Co. Ltd.
  • Sinopec Yizheng Chemical Fiber Company Ltd.
  • China Textile Co., Ltd.
  • Paramount Textile Co., Ltd.
  • Paulo de Oliveira, SA
  • Rhodia SA
  • Li Feng Group
  • BSL Inc.
  • INVISTA

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