Global Textile Market was valued at USD 1005.2 billion in 2020 which expected to reach 1522.3 billion by 2027 at a CAGR 4.3% from 2020-2027.
Textile is a defined as a type of material which embraces natural or synthetic fibers. These are obtained in two ways such as from animals, plants & synthetic. Plant based materials entails linen & cotton, and animal-based material includes wool/silk, and synthetic material is majorly polyester & rayon. Textile are a major & important aspect of the production of clothing. The increase in demand for apparel from fashion industry along with the growth of e-commerce platforms is anticipated to drive the growth of global textile market over the forecast period.
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Various key players are listed in this report such as Toray Industries Inc., PVH Corp., Hyosung TNC Corp., Aditya Birla Nuvo Ltd, Texhong Textile Group Ltd., Chori Co. Ltd, Nisshinbo Holdings Inc., Far Eastern New Century Corp, Industria de Diseno Textil SA (Inditex SA), B.C. Corporation, etc.
The key operating players in the Textile market are also discussed in the report to provide readers with a comprehensive overview of the competitive landscape in the overall market. The major strategies used by these companies in the Textile market are studied in the report to offer readers with an idea of what works & what doesn’t, in the Textile market. Individual players are examined in detail in the report in order to elaborate on their regional presence as well as product catalogue, providing a clear picture of each major player operating in the Textile market.
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By Raw Material
- Natural fibers
- Fashion & Clothing
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
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