GITNUX MARKETDATA REPORT 2024

Fabric Industry Statistics

Fabric Industry Statistics provide key insights into the trends and performance of the global fabric market, including data on production, consumption, trade, and market dynamics.

Statistic 1

"The U.S. fabric industry employs around 600,000 workers as of 2020."

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Statistic 2

"The U.S. fabric import value stood at $41.5 billion in 2019."

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Statistic 3

"The textile recycling market is expected to grow from $4.41 billion in 2021 to $6.29 billion by 2026."

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Statistic 4

"In 2019, polyester was the most widely used fiber, making up 52% of global fiber production."

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Statistic 5

"By 2025, the market value for smart fabrics in industries is expected to reach $2.7 billion."

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Statistic 6

"Over 700,000 tons of fabric waste is collected in the UK each year."

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Statistic 7

"China is the largest producer of textiles and fabrics in the world, contributing to over 50% of the global production."

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Statistic 8

"In 2021, the global fabric market size was valued at approximately $160 billion."

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Statistic 9

"Approximately 60% of global fabric production is used by the fashion industry."

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Statistic 10

"In 2020, the global production of cotton fabric was about 26 million metric tons."

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Statistic 11

"Synthetic fibers account for about 63% of the global fiber market."

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Statistic 12

"The fabric industry is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2021 to 2028."

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Statistic 13

"The European Union imported €120 billion worth of textiles and clothing in 2020."

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Statistic 14

"EU's textile and clothing industry employs more than 1.6 million people."

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Statistic 15

"The African fabric market size was valued at approximately $31 billion in 2020."

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Statistic 16

"India is the second-largest producer of textiles and fabrics, with a market size of over $150 billion in 2020."

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Statistic 17

"The home textile market in 2020 was valued at over $100 billion globally."

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Statistic 18

"The technical textile market size was valued at $201.2 billion in 2019 and is projected to reach $279.9 billion by 2025."

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Statistic 19

"The global demand for sustainable fabrics is growing at a CAGR of 11.4%, reaching a market size of $88.5 billion by 2028."

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Statistic 20

"The annual consumption of textiles per capita in the U.S. is approximately 37 kg."

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