The global E-Textile market is anticipated to grow at a CAGR of around 19.6% during the forecast period (2021-2027). The E-Textiles products offer an ideal interface to the body for health-related monitoring. The growing demand for E-Textiles enabled with smart sensing function and technologies is the major factor driving the growth of the market. The increasing adoption of smart wearables in various sectors such as sports & fitness, defense & military, healthcare sectors is also contributing towards the overall growth of the market. Due to their advanced sensing functions coupled with nanotechnologies makes E-Textiles highly demanding in military sectors. They are used to design technically advanced uniforms that protect soldiers during wars and unfavourable weather conditions.
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The textile market is projected to grow at a CAGR of 4.8% during the forecast period (2020-2026). The textile sector is an ever-growing market with remarkable growth prospects almost all across the globe. Favorable demographics, increasing per capita income, and a shift in preference toward branded products to drive demand for textile, globally. Superior quality and advantageous trade policies are also estimated to play an imperative role and boost textile exports.
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Market Segmentation
Global Textile Market by Material
Cotton
Jute
Silk
Synthetic
Wool
Others
Global Textile Market by Application
Fashion and Clothing
Industrial/Technical
Household
Company Profiles
Aditya Birla Group
Arvind, Ltd.
BSL, Ltd.
Chori Co., Ltd.
Elevate Textiles, Inc. (International Textile Group)
Far Eastern New Century Corp.
Glen Raven, Inc.
HuaFang Group
Hyosung TNC Corp.
Koch Industries, Inc.
Lakshmi Mills Co.
Global Market– Segmentation by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
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