Latest News- Textile Manufacturing Market: Natural fibers is expected to lead the Type segment during 2025-2029

The Textile Manufacturing Market is being driven by Increasing demand for textiles in automotive industry

The Textile Manufacturing Market is expected to grow at a CAGR of 4.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 367.4 billion. In the textile manufacturing sector, automation is a key driver for enhancing product quality and cost competitiveness. Advanced textile machinery automation expedites fabric production and optimizes flow rates, enabling lean manufacturing processes. Automation significantly impacts fiber manufacturing, ensuring consistent product quality through precise fiber diameter monitoring, polymer characterization, temperature control, and tension management. In yarn manufacturing, the evolution of spinning methods necessitates automation to effectively manage the production of various fiber types, such as micro-denier fibers, ensuring uniformity and adherence to quality standards. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Natural fibers
  • Polyesters
  • Nylons
  • Others
• Application
  • Fashion
  • Technical
  • Household
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing demand for textiles in automotive industry
• Increasing focus on eco-friendly practices in manufacturing process
• Premiumization of textile products through well-positioned brands

However, the market also witnesses some limitations, which are as follows:

• High initial capital investment in installing modern textile machinery
• Cyclical nature of textile industry
• Fluctuating crude oil prices

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Market Scope in Textile Manufacturing Market Research Report

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Research Analysis Overview

The textile manufacturing market encompasses various processes including the production of Fabric from Fiber through Spinning (Yarn), Weaving, Knitting, Dyeing, Printing, Finishing, and the creation of Apparel and Garments from Cotton, Polyester, Silk, Wool, Linen, Rayon, Acrylic, Nylon, Technical textiles, and Nonwovens. Denim is a notable category, while Sustainability, Textile innovation, Textile technology, and Textile trends shape industry developments.

Market Research Overview

The global textile manufacturing industry encompasses a broad spectrum of product categories, including fabrics produced from fibers such as cotton, wool, silk, and synthetic materials like polyester, polypropylene, polyethylene, and polyamides. This market excludes the sectors of apparel, accessories, luxury goods, and footwear. According to Technavio's market analysis, the expansion of the global textiles market will be fueled by the rising demand for geotextiles. These synthetic, permeable textiles, manufactured using polymers, are increasingly being utilized in various industries, particularly in construction, for applications such as soil reinforcement, drainage, and filtration. The increasing infrastructure development and urbanization trends worldwide are expected to boost the demand for geotextiles, thereby driving growth in the textile manufacturing market.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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