Textile Market Size, Share, Growth Analysis, By Raw-material(Cotton, Chemical, Wool, Silk), By Product(Natural fibers, Polyesters, Nylon, and Others), By Application(Household, Technical, Fashion & Clothing, and Others), By Region - Industry Forecast 2024-2031

Through tactics like geographic expansions and mergers and acquisitions, the market for textile has seen a rising trend. Through numerous government trade agreements, collaborations with e-commerce websites like Amazon, Flipkart, eBay, and others, businesses are attempting to boost their sales.

Due to the existence of several small- & medium-sized manufacturers, particularly in nations like China and India, the market is fragmented. Furthermore, the market is anticipated to see healthy growth as a result of the simple accessibility of cheap labor and the strengthening of government assistance for the establishment of commercial units of various key firms in these nations.

Textile Market Top Player’s Company Profiles

• BSL Limited

• INVISTA S.R.L.

• Lu Thai Textile Co., Ltd.

• Paramount Textile Limited

• Paulo de Oliveira, S.A.

• Successori REDA S.p.A.

• Shandong Jining Ruyi Woolen Textile Co., Ltd.

• Shandong Demian Incorporated Company

• Shijiazhuang Changshan Textile Co., Ltd

• Weiqiao Textile Company Limited

• DBL Group

• B.D. Textile Mills Pvt. Ltd.

• IBENA Inc.

• Heytex Bramsche GmbH

• Bahariye AS

• Fratelli Balli S.p.A.

• İpekiş Mensucat Türk A.Ş

• Lakhmi Woollen Mills

• Wilh. Wülfing GmbH & Co. KG

• Lanificio F.lli Cerruti

• Özlem Kumaş, Ltd.

• Trabaldo Togna S.p.A.

• Yünsa Yünlü Sanayi ve Ticaret A.Ş.

• Xinhui Woollen Textile Co., Ltd.

• O'Formula Co., Ltd.

• Wuxi Xiexin Group Co., Ltd.

• The Bombay Dyeing & Mfg. Co., Ltd

• Huafu Top Dyed Melange Yarn Co., Ltd.

• Mayur Fabrics

• Solvay S.A.

• Sinopec Yizheng Chemical Fibre Company Limited

• Li & Fung Group

• JCT Limited

Textile Market Recent Development

• In January 2024, Fibroline, a technology company specializing in eco-friendly dry impregnation solutions, is pleased to announce its strategic partnership with Navis TubeTex, a leading provider of finishing machinery for the global textile industry based in Lexington, US. Under this partnership, Navis TubeTex and Fibroline will introduce "Fibroline USA," a pioneering Innovation Center focused on promoting Fibroline's state-of-the-art dry impregnation solutions in the U.S. market.

• In January 2024, Archroma, a worldwide leader in colors and special chemicals, happily confirmed its ongoing partnership with SANITIZED AG. This partnership has been successful in the textile industry for a long time. Together, they've been at the forefront of innovation, especially in managing odors and hygiene in home textiles and apparel.

• In January 2024, Bharat Tex 2024 proudly announces Uttar Pradesh as the 'Partner State' and Madhya Pradesh as the 'Supporting Partner State'. These partnerships aim to boost the textile industry by showcasing the heritage and initiatives of these states. Bharat Tex 2024 also welcomes several companies as partners, including Aditya Birla Group, Reliance Industries Limited, Arvind Ltd, Indorama Ventures, Trident Group, Welspun Living, PDS Limited, Shahi, Chargeurs PCC, and WGSN.