Global Textile Mills industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Essential resource for top-line data and analysis covering the Global textile mills market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The textile mills industry includes yarns and fabrics. The value of each segment is for consumption, defined as domestic production plus imports minus exports, all valued at manufacturer prices. The yarns segment covers yarns for sewing, weaving, knitting, etc, made of cotton, wool, artificial, synthetic, or other fibers, but does not include the production of the fibers before spinning. Fabrics covers woven, non-woven, and knitted fabrics (including knitted products such as sweaters). All currency conversions use constant average 2016 exchange rates.
The global textile mills industry had total revenues of $748.1bn in 2016, representing a compound annual growth rate (CAGR) of 2.7% between 2012 and 2016.
The fabrics segment was the industry's most lucrative in 2016, with total revenues of $625.8bn, equivalent to 83.7% of the industry's overall value.
Incumbent US President Donald Trump is keen on renegotiating the NAFTA agreement which he claims is unfair to US companies. Currently buyers in the US industry are able to purchase Canadian and Mexican yarn and fabric tariff free, increasing competition in the US.
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What was the size of the Global textile mills market by value in 2016?
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