The Latin America textile market size reached USD 91.93 Billion in 2024. The market is projected to grow at a CAGR of 3.50% between 2025 and 2034, reaching almost USD 129.68 Billion by 2034.
The Latin America textile market growth can be attributed to factors such as rapid urbanisation, healthy economic growth in the region, and the rising demand for textiles in applications like apparel and home furnishing. In Latin America, Brazil is recognised for its man-made and natural fibres whereas Peru is reputed for its abundance of textile raw materials such as camel hair and llama, among others.
As American companies rise to the challenge of meeting supply chain problems amid rising geopolitical crises, the textile sector of Latin American countries like Mexico is expected to witness significant growth. This is because their proximity to the USA eases logistical complexities and reduces the cost of transportation of goods. Moreover, as the industry attempts to negotiate trade rules under the USMCA agreement, the Latin America textile market expansion is expected to receive a boost in the forecast period.
Sustainability has become an integral part of the Latin America textile market development. Peru-based textile manufacturer Nuevo Mundo is shifting towards utilising smart indigo technology for dyeing its denim fabrics. This is different from chemical production of liquid indigo, which emits 90% more carbon dioxide and consumes 70% more energy. It is also relatively more cost-effective and ensures a higher degree of occupational safety. This is expected to accelerate the market growth by prompting other companies to attract consumer attention by investing in sustainable technologies.
Market Segmentation
Latin America Textile Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Material
Cotton
Chemical
Wool
Silk
Others
Market Breakup by Product Type
Natural Fibres
Polyester
Nylon
Others
Market Breakup by Application
Household _x000D_ _x000D_ Bedding _x000D_ Kitchen _x000D_ Upholstery _x000D_ Towel _x000D_ Others _x000D_ _x000D_
Household _x000D_ _x000D_ Bedding _x000D_ Kitchen _x000D_ Upholstery _x000D_ Towel _x000D_ Others _x000D_ _x000D_
Technical _x000D_
_x000D_ _x000D_ Construction _x000D_ Transport _x000D_ Protective _x000D_ Medical _x000D_ Others _x000D_ _x000D_
Technical _x000D_
_x000D_ _x000D_ Construction _x000D_ Transport _x000D_ Protective _x000D_ Medical _x000D_ Others _x000D_ _x000D_
Fashion and Clothing _x000D_
_x000D_ _x000D_ Apparel _x000D_ Ties and Clothing Accessories _x000D_ Handbags _x000D_ Others _x000D_ _x000D_
Fashion and Clothing _x000D_
_x000D_ _x000D_ Apparel _x000D_ Ties and Clothing Accessories _x000D_ Handbags _x000D_ Others _x000D_ _x000D_
Others
Others
Market Breakup by Country
Brazil
Mexico
Argentina
Others
Competitive Landscape
The key market players are:
Anglés Textil S.A.
Parkdale, Incorporated
Aztlan Textil SA de CV
Citosa Textiles SA de CV
CS Tech Contract Manufacturing
Novalan, S.A. de C.V.
GRUPO TEXTIL ALTEX, S.A. DE C.V.
TURBO YARN SA DE CV
Enka De Colombia S.A.
CI Creytex SA
Protela S.A
Others
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Textile Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Textile Historical Market (2018-2024)
- 5.3 Global Textile Market Forecast (2025-2034)
- 5.4 Global Textile Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 Latin America Textile Market Overview
- 6.1 Key Industry Highlights
- 6.2 Latin America Textile Historical Market (2018-2024)
- 6.3 Latin America Textile Market Forecast (2025-2034)
- 7 Latin America Textile Market by Material
- 7.1 Cotton
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Chemical
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Wool
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Silk
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Others
- 8 Latin America Textile Market by Product Type
- 8.1 Natural Fibres
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Polyester
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 8.3 Nylon
- 8.3.1 Historical Trend (2018-2024)
- 8.3.2 Forecast Trend (2025-2034)
- 8.4 Others
- 9 Latin America Textile Market by Application
- 9.1 Household
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.1.3 Breakup by Type
- 9.1.3.1 Bedding
- 9.1.3.2 Kitchen
- 9.1.3.3 Upholstery
- 9.1.3.4 Towel
- 9.1.3.5 Others
- 9.2 Technical
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 9.2.3 Breakup by Type
- 9.2.3.1 Construction
- 9.2.3.2 Transport
- 9.2.3.3 Protective
- 9.2.3.4 Medical
- 9.2.3.5 Others
- 9.3 Fashion and Clothing
- 9.3.1 Historical Trend (2018-2024)
- 9.3.2 Forecast Trend (2025-2034)
- 9.3.3 Breakup by Type
- 9.3.3.1 Apparel
- 9.3.3.2 Ties and Clothing Accessories
- 9.3.3.3 Handbags
- 9.3.3.4 Others
- 9.4 Others
- 10 Latin America Textile Market by Country
- 10.1 Brazil
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Mexico
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Argentina
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Others
- 11 Market Dynamics
- 11.1 SWOT Analysis
- 11.1.1 Strengths
- 11.1.2 Weaknesses
- 11.1.3 Opportunities
- 11.1.4 Threats
- 11.2 Porter’s Five Forces Analysis
- 11.2.1 Supplier’s Power
- 11.2.2 Buyer’s Power
- 11.2.3 Threat of New Entrants
- 11.2.4 Degree of Rivalry
- 11.2.5 Threat of Substitutes
- 11.3 Key Indicators of Demand
- 11.4 Key Indicators of Price
- 12 Competitive Landscape
- 12.1 Supplier Selection
- 12.2 Key Global Players
- 12.3 Key Regional Players
- 12.4 Key Player Strategies
- 12.5 Company Profiles
- 12.5.1 Anglés Textil S.A.
- 12.5.1.1 Company Overview
- 12.5.1.2 Product Portfolio
- 12.5.1.3 Demographic Reach and Achievements
- 12.5.1.4 Certifications
- 12.5.2 Parkdale, Incorporated
- 12.5.2.1 Company Overview
- 12.5.2.2 Product Portfolio
- 12.5.2.3 Demographic Reach and Achievements
- 12.5.2.4 Certifications
- 12.5.3 Aztlan Textil SA de CV
- 12.5.3.1 Company Overview
- 12.5.3.2 Product Portfolio
- 12.5.3.3 Demographic Reach and Achievements
- 12.5.3.4 Certifications
- 12.5.4 Citosa Textiles SA de CV
- 12.5.4.1 Company Overview
- 12.5.4.2 Product Portfolio
- 12.5.4.3 Demographic Reach and Achievements
- 12.5.4.4 Certifications
- 12.5.5 CS Tech Contract Manufacturing
- 12.5.5.1 Company Overview
- 12.5.5.2 Product Portfolio
- 12.5.5.3 Demographic Reach and Achievements
- 12.5.5.4 Certifications
- 12.5.6 Novalan, S.A. de C.V.
- 12.5.6.1 Company Overview
- 12.5.6.2 Product Portfolio
- 12.5.6.3 Demographic Reach and Achievements
- 12.5.6.4 Certifications
- 12.5.7 GRUPO TEXTIL ALTEX, S.A. DE C.V.
- 12.5.7.1 Company Overview
- 12.5.7.2 Product Portfolio
- 12.5.7.3 Demographic Reach and Achievements
- 12.5.7.4 Certifications
- 12.5.8 TURBO YARN SA DE CV
- 12.5.8.1 Company Overview
- 12.5.8.2 Product Portfolio
- 12.5.8.3 Demographic Reach and Achievements
- 12.5.8.4 Certifications
- 12.5.9 Enka De Colombia S.A.
- 12.5.9.1 Company Overview
- 12.5.9.2 Product Portfolio
- 12.5.9.3 Demographic Reach and Achievements
- 12.5.9.4 Certifications
- 12.5.10 CI Creytex SA
- 12.5.10.1 Company Overview
- 12.5.10.2 Product Portfolio
- 12.5.10.3 Demographic Reach and Achievements
- 12.5.10.4 Certifications
- 12.5.11 Protela S.A
- 12.5.11.1 Company Overview
- 12.5.11.2 Product Portfolio
- 12.5.11.3 Demographic Reach and Achievements
- 12.5.11.4 Certifications
- 12.5.12 Others
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