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. Automated textile machinery expedites production and optimizes fabric flow, facilitating lean manufacturing processes. Automation significantly impacts fiber manufacturing through precise fiber diameter monitoring, polymer characterization, temperature control, and tension management, ensuring consistency and adherence to quality standards. Similarly, in yarn manufacturing, the evolution of spinning methods necessitates automation for efficient production of diverse fiber types, such as micro-denier fibers, by managing critical factors like uniformity, tension, and twist.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
204 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.6% |
Market growth 2025-2029 |
USD 367.4 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
4.5 |
Key countries |
China, US, Japan, India, Germany, Australia, South Korea, Canada, Brazil, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Textile Manufacturing Market encompasses various processes such as fiber blending, fabric construction, and yarn count selection, followed by fabric weight determination, abrasion resistance, and tear strength assessments. Dye penetration and surface finish are crucial aspects of textile design, along with pattern and fashion design. Advanced technologies like CAD/CAM systems, digital design, and 3D printing textiles revolutionize the industry. Cutting techniques include laser cutting and waterjet cutting, while garment construction involves pattern making, seam finishing, and screen or digital printing. Textile chemicals, including dye chemistry and finishing agents, are essential components. Sustainability initiatives include textile waste management, recycling technology, upcycling textiles, textile traceability, and ethical sourcing practices. Understanding consumer behavior, fashion trends analysis, and online fashion platforms are also vital aspects of the market.
The global textile market encompasses a broad spectrum of textile products utilized in diverse applications, such as fashion, technical, home furnishings, and more. This market excludes apparel, accessories, luxury goods, and footwear. According to Technavio, the global textiles, apparel, and luxury goods market size is determined by the consolidated revenues generated by the manufacturers of textiles, apparel, accessories, luxury goods, footwear, and geotextiles. Factors propelling the expansion of the textile market include the escalating demand for geotextiles. Geotextiles, synthetic and permeable textiles, are manufactured using polymers like polyester, polypropylene, polyethylene, and polyamides. These textiles are increasingly being adopted for infrastructure development projects, environmental protection, and soil stabilization, thereby fueling the market growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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