The Textile Global Market Report 2020-30 by The Business Research Company describes and explains the global Textile market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Textile
Global Market Report 2021 covers Textile market drivers, Textile market trends,
Textile market segments, Textile market growth rate, Textile market major
players, and Textile market size.
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The Textile
market report provides an in-depth analysis of the impact of COVID-19 on the global
Textile industry, along with revised market numbers due to the effects of the
coronavirus and the expected Textile market growth numbers 2021-2030.
Textile Global Market Report 2021 is the
most comprehensive report available on this market and will help gain a truly
global perspective as it covers 60 geographies. The chapter on the impact of
COVID-19 gives valuable insights on supply chain disruptions, logistical
challenges, and other economic implications of the virus on the market. The
chapter also covers markets which have been positively affected by the
pandemic.
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The global textile market is expected to
grow from $594.1 billion in 2020 to $654.7 billion in 2021 at a compound annual
growth rate (CAGR) of 10.%. The growth is mainly due to the companies
rearranging their operations and recovering from the COVID-19 impact, which had
earlier led to restrictive containment measures involving social distancing,
remote working, and the closure of commercial activities that resulted in
operational challenges. The market is expected to reach $821.7 billion in 2025
at a CAGR of 6%.
The report covers the Textile market’s
segments-
1) By Type: Other Textile Product Mills, Fabrics, Yarn, Fiber And Thread, Home
Furnishings And Floor Coverings, Textile And Fabric Finishing And Fabric
Coating Mills.
2) By Material: Cotton, Jute, Silk,
Synthetics, Wool.
3) By Process: Woven, Non-Woven.
Subsegments Covered: Broadwoven Fabrics,
Narrow Fabric Mills And Schiffli Machine Embroidery, Non-Woven Fabrics, Knitted
Fabrics Home Furnishings, Floor Coverings, Textile And Fabric Finishing Mills,
Fabric Coating Mills.
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range of industries including manufacturing, healthcare, financial services,
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a network of trained researchers in 20+ countries globally.
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