Key Insights
Essential data points from our research
The global textile market size was valued at approximately USD 1.69 trillion in 2022
The global textile industry is projected to grow at a Compound Annual Growth Rate (CAGR) of 7.6% from 2023 to 2030
China is the world's largest exporter of textiles accounting for roughly 32% of global exports
Global fiber production reached an all-time high of 113 million tonnes in 2021
Synthetic fibers currently account for approximately 64% of global fiber production
Polyester is the most widely used fiber globally with a market share of 54%
The fashion industry is responsible for 8-10% of global carbon emissions
Textile production uses approximately 93 billion cubic meters of water annually
Roughly 20% of global industrial water pollution comes from textile dyeing and treatment
The global textile and garment industry employs over 300 million people along the value chain
Women make up approximately 80% of the workforce in the garment industry
In Bangladesh, the ready-made garment sector employs about 4 million workers
The global smart textile market size is projected to reach $6.9 billion by 2028
Digital textile printing market is expected to grow at a CAGR of 14.8% through 2030
The secondhand apparel market is expected to grow 3 times faster than the global apparel market overall
Environmental Impact
- The fashion industry is responsible for 8-10% of global carbon emissions
- Textile production uses approximately 93 billion cubic meters of water annually
- Roughly 20% of global industrial water pollution comes from textile dyeing and treatment
- Less than 1% of material used to produce clothing is recycled into new clothing
- Textiles are the source of 35% of primary microplastics released into the oceans
- The average consumer throws away 70 pounds (31.75 kg) of clothing per year
- Approximately 92 million tonnes of textile waste is created annually
- Extending the life of a garment by just nine months can reduce carbon, waste, and water footprints by 20-30%
- Washing synthetic clothes releases over 500,000 microfibers per wash
- Cotton farming consumes 16% of all insecticides released globally
- Producing one cotton shirt requires approximately 2,700 liters of water
- Around 85% of all textiles thrown away in the US are either dumped into landfill or burned
- Making a pair of jeans emits as much CO2 as driving a car for 80 miles
- Synthetic fibers are made from fossil fuels and can take up to 200 years to decompose
- The textile industry is the second largest polluter of clean water after agriculture
- Greenhouse gas emissions from the textile industry are projected to rise by 50% by 2030
- Use of recycled polyester reduces CO2 emissions by 32% compared to virgin polyester
- Only 12% of the material used for clothing ends up being recycled in some form
- Viscose production is linked to the logging of 150 million trees annually
- The EU textile sector generates estimated 5.8 million tonnes of textile waste per year
Interpretation
The global fashion industry looks glamorous on the runway but reads like an environmental crime scene on the balance sheet: responsible for up to 10% of global carbon emissions, guzzling about 93 billion cubic meters of water a year and 16% of the world’s insecticides for cotton, causing roughly 20% of industrial water pollution through dyeing, producing some 92 million tonnes of textile waste annually while less than 1% of material becomes new clothing and only around 12% is recycled in any form, shedding over 500,000 microfibers per wash and contributing 35% of primary microplastics to the oceans, with a single cotton shirt costing roughly 2,700 liters of water, a pair of jeans emitting as much CO2 as driving 80 miles, synthetics that can take up to 200 years to decompose and industry emissions projected to rise by 50% by 2030 unless we dramatically extend garment lifespans and scale real recycling.
Future Trends & Tech
- The global smart textile market size is projected to reach $6.9 billion by 2028
- Digital textile printing market is expected to grow at a CAGR of 14.8% through 2030
- The secondhand apparel market is expected to grow 3 times faster than the global apparel market overall
- The technical textile market is anticipated to reach USD 274 billion by 2027
- 3D knitting technology can reduce waste in garment production by up to 30%
- The global conductive textiles market size is projected to reach USD 4.93 Billion by 2027
- By 2030 it is estimated that digital fashion will be a $50 billion industry
- The market for antimicrobial textiles is projected to reach $20.5 billion by 2026
- 54% of fashion executives believe increasing transparency is a top priority for digital strategy
- The nanotechnology in clothing market is expected to grow at a CAGR of 25% from 2020 to 2025
- Bio-based fiber market is estimated to grow at a CAGR of 7% over the next decade
- The automated textile manufacturing market is predicted to reach $10 billion by 2028
- E-textiles (Electronic textiles) market is expected to exceed $5 billion by 2027
- 73% of Gen Z consumers are willing to pay more for sustainable textile products
- Rental apparel market is forecasted to be worth $2.08 billion by 2025
- AI in the fashion market is projected to reach $4.4 billion by 2027
- Waterless dyeing technology adoption is expected to grow by 12% annually
- The medical textiles market is projected to reach $23.3 billion by 2025
- Blockchain technology adoption in textile supply chains is predicted to grow by 40% by 2026
- 60% of consumers are now interested in repairing services to extend garment life
Interpretation
The textile industry is staging a wardrobe revolution: multibillion-dollar booms in smart, conductive, antimicrobial and digital fashion, rapid adoption of nanotech, AI and automation, and efficiency advances like 3D knitting and waterless dyeing are meeting booming secondhand, rental and repair markets and growth in bio-based fibers and technical textiles to finally make transparency, sustainability and high-tech functionality the business model of the next decade.
Market Economics
- The global textile market size was valued at approximately USD 1.69 trillion in 2022
- The global textile industry is projected to grow at a Compound Annual Growth Rate (CAGR) of 7.6% from 2023 to 2030
- China is the world's largest exporter of textiles accounting for roughly 32% of global exports
- The European Union follows China as the second-largest exporter of textiles globally
- The United States textile and apparel shipment value was estimated at $65.8 billion in 2022
- India's textile industry contributes approximately 2.3% to the country's GDP
- The global apparel market alone is expected to reach $1.79 trillion by 2025
- Vietnam is the third-largest garment exporter in the world
- The luxury apparel market size was valued at USD 71.6 billion in 2022
- Bangladesh derives over 80% of its total export earnings from the ready-made garment sector
- The global home decor textile market is projected to reach $169 billion by 2027
- Turkey is the 5th largest textile exporter worldwide
- The value of the global intimate apparel market is expected to reach $325 billion by 2025
- Asia-Pacific dominates the textile market with a revenue share of over 48%
- The global denim jeans market size is estimated to be worth 64.5 billion U.S. dollars in 2022
- The UK textile and apparel manufacturing sector contributes £20 billion to the economy
- Online sales of apparel products in the US accounted for 46% of total apparel sales in 2020
- Germany is the leading importer of apparel in the European Union
- The global sportswear market is expected to reach $479 billion by 2025
- Cross-border e-commerce in textiles is expected to grow by 20% annually through 2026
Interpretation
The global textile industry is a trillion dollar tapestry growing steadily, with Asia led by China weaving the largest share of exports while Europe and the United States hold key manufacturing and import positions, booming online and cross border sales reshaping distribution, specialty segments from luxury to sportswear, denim, intimates and home decor padding revenues, and export dependent economies such as Bangladesh and Vietnam enjoying outsized gains alongside heightened vulnerability.
Production Dynamics
- Global fiber production reached an all-time high of 113 million tonnes in 2021
- Synthetic fibers currently account for approximately 64% of global fiber production
- Polyester is the most widely used fiber globally with a market share of 54%
- Cotton production accounts for approximately 24% of the global fiber market
- Global cotton production for 2022/23 is forecasted at 116 million bales
- Man-made cellulosic fibers (MMCF) have a global market share of nearly 6%
- China produces roughly 59% of the world's chemical fibers
- India is the world's largest producer of jute
- Australia produces approximately 90% of the world's fine apparel wool
- The production of viscose fiber is valued at roughly 5.8 million tonnes annually
- Silk represents less than 0.2% of the global fiber market share
- Global leather production is estimated to be around 23 billion square feet annually
- Plant-based fibers mostly other than cotton and wood represent about 6% of global production
- Recycled polyester currently accounts for roughly 15% of total polyester production
- Better Cotton (BCI) accounted for 20% of global cotton production in 2021
- Organic cotton makes up only about 1.4% of all cotton grown globally
- Bangladesh imports over 95% of its cotton requirements
- The global output of nonwoven fabrics exceeded 18 million tonnes in 2021
- Yarn production in India is the second largest in the world after China
- Nylon accounts for approximately 5% of the global fiber production volume
Interpretation
These statistics paint the global textile industry as a polyester-powered behemoth: global fiber production reached 113 million tonnes in 2021, synthetics make up roughly 64 percent driven by polyester’s 54 percent share with about 15 percent of polyester itself recycled, cotton still holds about 24 percent with 2022/23 production forecast at 116 million bales even though organic cotton is only about 1.4 percent and Better Cotton accounted for 20 percent in 2021, man-made cellulosics and viscose sit near 6 percent and 5.8 million tonnes respectively while silk is vanishingly small under 0.2 percent and nylon about 5 percent, China produces roughly 59 percent of the world’s chemical fibers as India leads in jute and is second in yarn output and Bangladesh imports over 95 percent of its cotton while Australia supplies roughly 90 percent of fine apparel wool, and nonwovens and leather output above 18 million tonnes and around 23 billion square feet respectively underline an industry that is massive, concentrated, carbon-intensive and only slowly shifting toward more sustainable alternatives.
Workforce & Society
- The global textile and garment industry employs over 300 million people along the value chain
- Women make up approximately 80% of the workforce in the garment industry
- In Bangladesh, the ready-made garment sector employs about 4 million workers
- The textile industry is the second-largest employer in India after agriculture directly providing jobs to 45 million people
- Approximately 15% of garment workers in Cambodia are male
- The average monthly minimum wage for garment workers in Bangladesh is roughly $75 (as of 2023 adjustments)
- Global forced labor estimates suggest 26 million people are in forced labor many in textile supply chains
- In the EU textile and clothing sector SMEs account for over 90% of the workforce
- China's textile industry employs approximately 15 million people directly
- The gender pay gap in the fashion industry supply chains is estimated at 18%
- Only 2% of garment workers worldwide earn a living wage
- The US textile industry employs roughly 538,000 workers
- Over 60 million people in Pakistan rely on the textile industry for their livelihood
- Informal employment in the textile sector reaches up to 90% in some developing countries
- Vietnam’s textile industry provides jobs for roughly 2.5 million workers
- Child labor remains a risk in cotton cultivation in at least 18 countries
- Union density in the garment sector in many Asian countries is below 10%
- In Ethiopia the garment sector workforce has grown to over 100,000 in recent years
- Turkey’s textile sector employs about 1 million people
- Nearly 75% of garment workers in the key production countries of Asia are between 18 and 35 years old
Interpretation
Stitched together by more than 300 million people, about 80 percent of them women, the global textile and garment industry sustains millions from Bangladesh to China and Ethiopia but reveals a threadbare moral fabric: only 2 percent earn a living wage, forced and child labor remain risks in supply chains, an 18 percent gender pay gap and union densities below 10 percent in many Asian countries leave mostly young workers vulnerable, and vast informal employment and small firms too often mask systemic poverty.
References
Want to learn more about our methodology and data sources? Visit our About page to discover how we create these comprehensive statistic reports.