Global Textile Market 2019-2023

Global Textile Market 2019-2023

About this market

The growing construction activities are fueling the demand for textiles including natural fibers, nylon, and polyester. The industry will increasingly use textiles as they are durable, smooth, malleable, and enhance the cost-effectiveness of construction structures. Furthermore, the use of construction fabrics in the Middle East and other emerging economies will further drive the textile market to witness considerable growth in the upcoming years. Technavio’s analysts have predicted that the textile market will register a CAGR of over 6% by 2023.

Market Overview

Increasing demand for natural fibers

One of the growth drivers of the global textile market is the increasing demand for natural fibers. The increasing consumption of natural fibers such as cotton, silk, wool, and jute given their various attributes such as environmentally-friendly nature and easy availability will drive the growth of the market during the forecast period.

Unauthorized textile production units in China

One of the challenges in the growth of the global textile market is unauthorized textile production units in China. The presence of scattered and unorganized textile manufacturers that use toxic dyeing chemicals is forcing the government to impose stringent regulations and ban their operations.

For the detailed list of factors that will drive and challenge the growth of the textile market during 019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several market players. Vendors in the market are strongly emphasized on new technology and innovations to maintain their competitive edge and market share. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


Press Release

Technavio Announces the Publication of its Research Report – Global Textile Market 2019-2023

Technavio recognizes the following companies as the key players in the global textile market: Arvind Limited, Asahi Kasei Corporation, Beaulieu International Group, Grasim, Lu Thai Textile Co. Limited, and TORAY INDUSTRIES, INC.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the capacity expansions by vendors in the textile industry.”

According to the report, one of the major drivers for this market is the increasing demand for natural fibers.

Further, the report states that one of the major factors hindering the growth of this market is the fluctuating crude oil prices.

Companies Mentioned

Arvind Limited
Asahi Kasei Corporation
Beaulieu International Group
Grasim
Lu Thai Textile Co. Limited
TORAY INDUSTRIES, INC.

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global textile, apparel, and luxury goods market
      • Table Segments of global textile, apparel, and luxury goods market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Natural fibers - Market size and forecast 2018-2023
      • Table Natural fibers - Market size and forecast 2018-2023 ($ billions)
      • Table Natural fibers - Year-over-year growth 2019-2023 (%)
    • Polyesters - Market size and forecast 2018-2023
      • Table Polyesters - Market size and forecast 2018-2023 ($ billions)
      • Table Polyesters - Year-over-year growth 2019-2023 (%)
    • Nylon - Market size and forecast 2018-2023
      • Table Nylon - Market size and forecast 2018-2023 ($ billions)
      • Table Nylon - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ billions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Fashion - Market size and forecast 2018-2023
      • Table Fashion - Market size and forecast 2018-2023 ($ billions)
      • Table Fashion - Year-over-year growth 2019-2023 (%)
    • Technical - Market size and forecast 2018-2023
      • Table Technical - Market size and forecast 2018-2023 ($ billions)
      • Table Technical - Year-over-year growth 2019-2023 (%)
    • Household - Market size and forecast 2018-2023
      • Table Household - Market size and forecast 2018-2023 ($ billions)
      • Table Household - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ billions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ billions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ billions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ billions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ billions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Crude oil prices: Europe Brent spot price FOB ($ per barrel)
      • Table Impact of drivers and challenges
  • Market trends
    • Innovations in textile industry
    • Capacity expansions by vendors in the textile industry
    • Increasing demand for textile in the automotive industry
      • Table Global automotive production 2018-2023 (million units)
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Arvind Limited
      • Table Arvind Limited - Vendor overview
      • Table Arvind Limited - Business segments
      • Table Arvind Limited - Organizational developments
      • Table Arvind Limited - Geographic focus
      • Table Arvind Limited - Segment focus
      • Table Arvind Limited - Key offerings
    • Asahi Kasei Corporation
      • Table Asahi Kasei Corporation - Vendor overview
      • Table Asahi Kasei Corporation - Business segments
      • Table Asahi Kasei Corporation - Organizational developments
      • Table Asahi Kasei Corporation - Geographic focus
      • Table Asahi Kasei Corporation - Segment focus
      • Table Asahi Kasei Corporation - Key offerings
    • Beaulieu International Group
      • Table Beaulieu International Group - Vendor overview
      • Table Beaulieu International Group - Business segments
      • Table Beaulieu International Group - Key offerings
    • Grasim
      • Table Grasim - Vendor overview
      • Table Grasim - Business segments
      • Table Grasim - Organizational developments
      • Table Grasim - Segment focus
      • Table Grasim - Key offerings
    • Lu Thai Textile Co., Limited
      • Table Lu Thai Textile Co., Limited - Vendor overview
      • Table Lu Thai Textile Co., Limited - Business segments
      • Table Lu Thai Textile Co., Limited - Key offerings
    • TORAY INDUSTRIES, INC.
      • Table TORAY INDUSTRIES, INC. - Vendor overview
      • Table TORAY INDUSTRIES, INC. - Business segments
      • Table TORAY INDUSTRIES, INC. - Organizational developments
      • Table TORAY INDUSTRIES, INC. - Geographic focus
      • Table TORAY INDUSTRIES, INC. - Segment focus
      • Table TORAY INDUSTRIES, INC. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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