The “Global Textile Market Size, Trends & Growth Opportunity, By Raw Material, By Product, By Application, By Region and Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.
The Global Textile Market was valued at USD 1005.2 billion in 2020 which expected to reach 1522.3 billion by 2027 at a CAGR 4.3% from 2020-2027.
Textile is a defined as a type of material which embraces natural or synthetic fibers. These are obtained in two ways such as from animals, plants & synthetic. Plant based materials entails linen & cotton, and animal-based material includes wool/silk, and synthetic material is majorly polyester & rayon. Textile are a major & important aspect of the production of clothing. The increase in demand for apparel from fashion industry along with the growth of e-commerce platforms is anticipated to drive the growth of global textile market over the forecast period.
