The global textile and apparel market is estimated to be valued at US$ 2588 Bn in 2022 and is expected to exhibit a CAGR of 3.88% over the forecast period 2022-2030.
Market Overview:
Textiles and apparel cater to the basic necessity of protection and clothing. Textile products provide comfort, warmth, safety, and functionality. The materials used are versatile, durable, lint-free, easy to maintain and affordable.
The textile and apparel industry plays a crucial role in the global economy. Textiles meet our basic need of clothing and also serve industrial needs for various other products like furnishings, and industrial supply. Products associated with the textile and apparel industry include clothing, linens, towels, curtains, rugs, upholstery, and fashion accessories. The ongoing digital transformation across the manufacturing and retail sectors has opened opportunities for digitizing processes in ... Read more
The textile and apparel industry represents one of the oldest and largest manufacturing sectors in the world. Textiles play an important role in daily lives ranging from clothing, home furnishings to various industrial uses. The textile industry manufactures a variety clothing and fashion garments as well as non-apparel textile products including bedding, towels, curtains, upholstery and industrial textiles.
The global textile and apparel market is estimated to be ... Read more
