Textiles

The Textiles industry is a core manufacturing industry involved in fiber production, fabric making, and textile innovation for apparel, home furnishing, and industrial use. The textiles industry globally is forecast to expand by 1.88% from 2025 through 2029, as predicted by Statista Market Forecast, through continuous growth fueled by global population increase and changing consumer demands for varied textile solutions.

Our holistic textiles study includes varied fiber types and niche uses, revolutionizing the industry landscape. The flame retardants in textiles segment show significant innovation. The market value is expected to reach USD 792 million by 2032. This growth comes from a strong demand for flame-retardant fabrics in clothing, home furnishings, and car interiors. Technical textiles have great growth potential in the medical, automotive, construction, and agriculture sectors.

Fiber innovation segments are the hybrid fabrics market, hitting USD 426.1 million in 2023, at 15.2% CAGR from 2024 to 2032, and antimicrobial textiles worth more than USD 16 billion in 2023, expected to hit 6.9% CAGR from 2024 to 2032. Related supporting segments are melt blown nonwovens worth approximately USD 2.5 billion in 2023. Synthetic fiber segments exhibit strong performance, with the polyester fiber market exhibiting strong segment dominance of 82.7% in 2024.