Textile Industry has witnessed Substantial Growth in recent years 2023 – 2030

 Textile Industry | Forecast 2030


Textile Industry Data Book - Household Textile, Technical Textile and Fashion Textile Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030

 

The economic value generated by the textile industry was estimated at approximately USD 1.7 trillion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of textiles, distribution & supply, and application of textiles.

 

Access the Global Textile Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies

 

Technical Textile Market Growth & Trends

The global technical textile market size is estimated to reach USD 272.3 billion by 2030, according to a new report by Grand View Research Inc. The market is expected to expand at a CAGR of 4.7% from 2022 to 2030. The technical textile product exhibits exceptional strength, durability, and superior performance, which makes them fit for several industrial applications.

 

Increasing concern towards agriculture and attaining high crop yield is one of the major factors fueling the growth of agro textile in the market. Several nets manufactured under agro textile including plant nets, bird protection nets, monofil nets, root ball nets, and various others are extensively used for passive protection of agricultural seeds, crops, or fruits against any external damage.

 

Increasing technological advancements coupled with the rising demand for high-performance and energy-efficient fabric are acting as a propelling growth factor in the market. In addition, stringent government policies regarding the use of effective personal protective equipment have driven the market growth on a positive note.

 

Order your copy of the Free Sample of “Textile Industry Data Book - Household Textile, Technical Textile and Fashion Textile Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

 

Competitive Landscape

Key players operating in the textile industry are –

  • BSL Limited
  • INVISTA S.R.L
  • Lu Thai Textile Co., Ltd
  • Paramount Textile Limited
  • Paulo de Oliveira, S.A
  • Successori REDA S.p.A
  • JCT Limited
  • Modern Woollens Ltd.
  • IBENA Inc
  • Lakhmi Woollen Mills

 

Grand View Research’s Textile Industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

 

Check out more Industry Data Books, published by Grand View Research

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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