GITNUX MARKETDATA REPORT 2024
Textiles Industry Statistics
Textiles Industry Statistics provide valuable insights into production, sales, employment, and other key metrics within the textile manufacturing sector.
In this post, we explore key statistics shaping the global textiles industry, from market sizes and growth projections to environmental impact and employment figures. From the significant contributions of countries like India and China to emerging trends in digital textile printing, these statistics offer insights into the expansive and dynamic nature of the textile sector.
Statistic 1
"The global textile market size was valued at USD 961.5 billion in 2019."
Statistic 2
"The textile market is projected to reach USD 1,237.1 billion by 2027."
Statistic 3
"The compound annual growth rate for the textile industry is predicted to be 4.3% from 2020 to 2027."
Statistic 4
"India is the world's second largest exporter of textiles and garments."
Statistic 5
"The textile industry in China is projected to reach an approximate USD 1.7 trillion in market size by 2025."
Statistic 6
"Bangladesh is the second largest apparel exporter in the world, just behind China."
Statistic 7
"The textile and clothing industry is a diverse one, as much in terms of the raw materials, products and processes as in the number of countries around the globe who contribute to its huge scale. It employs over 60 million people globally."
Statistic 8
"The global textile industry produces about 60 billion kilograms of fabric annually."
Statistic 9
"Approximately 20% of industrial water pollution is due to textile manufacturing."
Statistic 10
"The global textile industry wastes an estimated 25% of the chemicals it uses, including harmful toxins and dyes."
Statistic 11
"Over 90% of all cotton is genetically modified, using vast amounts of water as well as chemicals."
Statistic 12
"Vietnam's textile and garment industry is predicted to expand by 12% in 2022, reaching $46 billion."
Statistic 13
"The garments, textiles and apparels industry in India is expected to reach USD 223 billion by 2021."
Statistic 14
"Approximately 75% of the world's clothing is made from cotton or polyester, both of which are produced in large quantities by the textile industry."
Statistic 15
"The textiles sector is the second largest employer in India, after agriculture, providing employment to over 45 million people directly and 60 million people indirectly."
Statistic 16
"The global digital textile printing market was valued at $2.2 billion in 2019, expected to grow at a CAGR of 8% from 2021 to 2028."
Statistic 17
"The total contribution of the U.S. cotton industry to the annual U.S economy is estimated at over $100 billion."
Jannik Lindner
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