Global textile market expected to grow at a CAGR of 5.09% by 2031, led by Asia-Pacific amid rising adoption of certified ethical cotton sourcing and expanding circular fiber manufacturing.
Hyderabad, India, May 20, 2026 (GLOBE NEWSWIRE) — According to Mordor Intelligence report, the textile market size is projected to grow from USD 0.79 trillion in 2026 to USD 1.02 trillion by 2031, registering a CAGR of 5.09% during the forecast period. Market expansion is being supported by rising investments in recycled polyester, stricter supply-chain traceability requirements, and evolving global sourcing strategies. While apparel continues to account for the largest share of demand, increasing adoption of technical textiles across automotive, healthcare, and industrial applications is creating new high-value growth opportunities. Asia-Pacific remains the dominant regional market, supported by large-scale manufacturing capacity, export-oriented production hubs, and growing investments in sustainable textile processing.
In parallel, textile manufacturers are increasing investments in sustainable manufacturing practices, compliance technologies, and near-shoring initiatives as freight costs, regulatory pressures, and energy-price fluctuations continue to reshape global supply chains.
Textiles Market Growth Drivers
Smarter Manufacturing Through Demand-Driven AI Systems
AI-enabled on-demand manufacturing is changing how modern supply chains operate by aligning production more closely with real customer needs. Instead of relying on large forecasts and bulk inventory, companies are increasingly using intelligent systems that sense demand in real time and guide what gets produced. This approach works alongside flexible manufacturing methods that support smaller production runs without significantly increasing costs. As a result, brands can reduce excess stock, minimize waste, and react more quickly to changing trends. It also encourages a shift toward distributed, local production hubs, which shortens delivery cycles and reduces dependency on long, complex supply chains. Overall, it creates a more responsive, efficient, and sustainable production model.
Digital Product Passports Driving a New Era of Supply Chain Transparency
The introduction of digital product passports in the European market is pushing the textile industry toward much higher levels of traceability and data transparency. Brands and manufacturers are increasingly adopting digital systems that record detailed information about product origin, materials, and lifecycle, making compliance and verification easier across global supply chains. This shift is also influencing suppliers outside Europe, as many are upgrading their systems to maintain access to key export markets. While it is accelerating technology adoption, it is also creating challenges for smaller players who may struggle with compatibility and rising digital infrastructure demands. At the same time, better product data is opening new opportunities in recycling and material recovery, helping brands improve efficiency and build more sustainable production networks.
Textile Market Share by Region
Global textile production is increasingly being reshaped by regional specialization and changing trade policies. In Europe, manufacturers are moving away from mass-market apparel and focusing more on advanced, high-performance textiles used in industries like healthcare and automotive, supported by stricter environmental and trade regulations. In North America, there is a noticeable push toward bringing production closer to home, especially in technical fabrics, as companies prioritize supply chain stability. Meanwhile, parts of South America are seeing gradual growth, though logistical challenges continue to limit competitiveness. Overall, the industry is becoming more fragmented, with regions carving out distinct roles based on capability, cost, and policy direction.
The Asia-Pacific region continues to dominate global textile production, supported by strong manufacturing ecosystems in countries like China, Bangladesh, Vietnam, and India. Efficient supply chains, competitive production costs, and supportive industrial policies are strengthening the region’s role as a key export hub. At the same time, Southeast Asian nations are gaining more traction as global sourcing patterns diversify, while India is steadily expanding its presence through policy-driven manufacturing incentives. In contrast, the Middle East and Africa are emerging as new growth centers, driven by investment in industrial capacity and improved trade access, gradually integrating deeper into global textile value chains.
“Drawing on manufacturer activity, trade movement analysis, and evolving sourcing and consumption patterns, Mordor Intelligence offers a measured assessment of the textile market, helping executives evaluate growth conditions through consistently applied research frameworks and commercially relevant market interpretation.” Says, Jayveer V, Senior Research Manager, Mordor Intelligence
Major Segments Highlighted in the Textile Market Report
By Application
- Fashion and Apparel
- Industrial/Technical Textiles
- Household and Home Textiles
- Medical and Healthcare Textiles
- Automotive and Transport Textiles
- Other Applications (Protective, Sports Textiles)
By Raw Material
- Natural Fibers
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- Cotton
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- Wool
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- Silk
- Synthetic Fibers
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- Polyester
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- Nylon
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- Rayon / Viscose
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- Acrylic
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- Polypropylene
- Recycled Fibers
- Other Raw Materials (Specialty High-Performance Fibers like Aramid, Carbon, UHMWPE)
By Process / Technology
- Woven
- Knitted
- Non-woven
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- Spunlaid (Spunbond / Melt-blown)
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- Dry-laid Hydro-entangled
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- Wet-laid
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- Needle-punched
- 3-D Weaving and Spacer Fabrics
By Geography
- North America
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- United States
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- Canada
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- Mexico
- South America
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- Brazil
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- Argentina
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- Peru
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- Rest of South America
- Europe
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- United Kingdom
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- Germany
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- France
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- Italy
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- Spain
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- BENELUX (Belgium, Netherlands, Luxembourg)
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- NORDICS (Denmark, Finland, Iceland, Norway, Sweden)
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- Rest of Europe
- Asia-Pacific
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- China
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- India
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- Japan
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- Australia
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- South Korea
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- ASEAN (Indonesia, Thailand, Philippines, Malaysia, Vietnam)
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- Rest of Asia-Pacific
- Middle East and Africa
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- Saudi Arabia
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- United Arab Emirates
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- Qatar
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- Kuwait
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- Turkey
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- Egypt
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- South Africa
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- Nigeria
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- Rest of Middle East and Africa
Overview – Textile Industry
| Study Period | 2020-2031 |
| Market Size in 2026 | USD 0.79 Trillion |
| Market Size Forecast 2031 | USD 1.02 Trillion |
| Industry Expansion | Growing at a CAGR of 5.09% during 2026-2031 |
| Fastest Growing Market for 2026-2031 | Middle East and Africa projected to record the fastest growth rate |
| Segments Covered | By Application, By Raw Material, By Process / Technology and By Geography |
| Regions Covered | North America, Europe, Asia-Pacific, South America, and Middle East and Africa |
| Customization Scope | Choose tailored purchase options designed to align precisely with your research requirements. |
Textile Companies: Covers a global and market-level overview along with key segments, financial insights where available, and strategic analysis. It also covers products and services, as well as recent industry developments.
- Toray Industries Inc.
- Weiqiao Pioneering Group Co. Ltd.
- Texhong Textile Group Ltd.
- Inditex S.A.
- Aditya Birla Fashion & Retail Ltd.
- Hyosung TNC Corp.
- Far Eastern New Century Corp.
- PVH Corp.
- Nisshinbo Holdings Inc.
- Arvind Ltd.
- Chori Co. Ltd.
- DuPont de Nemours Inc.
- Freudenberg Group
- Berry Global Group Inc.
- Lenzing AG
- Reliance Industries Ltd.
- Shandong Ruyi Technology Group
- Low & Bonar PLC
- Kimberly-Clark Corp.
Get in-depth industry insights on the textile market research report: https://www.mordorintelligence.com/industry-reports/textile-market?utm_source=globenewswire
Explore related reports from Mordor Intelligence
Indonesia Textiles Market Size: Indonesia textile market is projected to grow from USD 40.65 billion in 2025 to USD 41.27 billion in 2026, and further reach USD 47.36 billion by 2031, expanding at a CAGR of 2.79% between 2026 and 2031.
Asia-Pacific Textile Market Share: The Asia-Pacific textile market is analyzed across multiple dimensions, including application areas such as fashion and apparel, industrial and technical textiles, and household products. It is also categorized by raw materials like natural and synthetic fibers, as well as by manufacturing processes including woven, knitted, and non-woven fabrics. Geographically, the study covers major countries such as China, India, Bangladesh, Japan, South Korea, Australia, ASEAN nations, and the rest of the region. The market projections are presented in terms of value in USD.
GCC Textile Market Growth: The GCC textile market is moderately fragmented, with local players operating alongside international companies. Saudi German Nonwovens strengthens its position through advanced production technology and high-quality hygiene products that meet international standards, supporting strong sales performance. Meanwhile, Alyaf Industrial focuses on specialized geosynthetics, leveraging certifications and technical expertise to secure large infrastructure and industrial contracts from major energy and engineering clients.
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