North America Textile Manufacturing Industry Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024

Report Type : Regional

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North America Textile Manufacturing Industry Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

The textile industry is generally concerned with the design, production, and distribution of yarn, cloth, and clothing. The raw material may be natural, or synthetic using products of the chemical industry. Among them, Cotton is the world’s most important natural fibre. In the year 2017, the global yield was approximately 43 million tons from 39 million hectares cultivated in more than 51 countries.

North America Textile Manufacturing Industry Market Segments Size & Growth:

North America textile manufacturing industry market

North America Textile Manufacturing Industry Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

size is projected to reach approximately $XX billion by the end of 2024 with a CAGR of close to XX% from $XX billion in 2017 during the forecast timeline 2018-2024. Key parameters promoting the market growth include Steadier supply cost encourages the higher use of human-made fibres, whose prices are less volatile than those of cotton or wool. However, changing consumer behaviour (e.g. fast fashion) forcing T&C to become more flexible is thereby hampering the market growth.

North America Textile Manufacturing Industry Market Segments Share:

North America textile This innovative company

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North America Textile Manufacturing Industry Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

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