How big is the fabric market?
According to industry insights and 绿帽社 internal database, the fabric market was valued at approximately USD 598.7 billion in 2024 and is projected to reach USD 873.4 billion by 2031, growing at a CAGR of 5.5% during the forecast period.
The market is driven by rising demand from apparel, home furnishing, automotive, and industrial sectors, along with increased innovation in sustainable and functional textiles.
Key Growth Factors of the Fabric Market
- Increasing demand for lightweight, durable, and performance-based fabrics
- Rising consumption in fashion, sportswear, and functional clothing industries
- Expansion of home décor and furnishing sectors worldwide
- Innovations in smart fabrics, sustainable textiles, and bio-based materials
- Growth in technical textiles for automotive, healthcare, and construction applications
- Fast-growing e-commerce channels boosting fabric sales and distribution
Fabric Market Trends
Eco-friendly, biodegradable, and recycled materials are gaining traction across consumer and industrial textiles. Smart fabrics with sensor integration are emerging in healthcare and sportswear. Custom prints, 3D knitting, and sustainable dyeing techniques are trending. Manufacturers are focusing on zero-waste production and circular textile models.
Emerging Developments in the Fabric Market
Emerging developments in the fabric market include new-age fabrics are being developed with UV resistance, antimicrobial properties, and phase change materials. Digital textile printing and AI-based quality control systems are transforming production processes. Biofabricated and lab-grown textiles are entering commercial testing phases.
Leading Companies in the Fabric Market
- Toray Industries Inc.
- Hyosung Corporation
- Lenzing AG
- Teijin Limited
- Arvind Limited
- Milliken & Company
How Big Is the Fabric Market : FAQ's
The fabric market is projected to reach USD 873.4 billion by 2031.
Sustainable production, smart textiles, technical fabrics, and bio-based innovations are shaping market growth.
The fabric market is expected to grow at a CAGR of 5.5% from 2025 to 2031.
Cotton, polyester, technical textiles, and eco-friendly fabrics are witnessing high demand across industries.
Apparel, automotive, home furnishing, medical textiles, and construction are the major demand generators.
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