Europe Textile MarketĀ Forecast
Base Year:Ā 2024
Historical Years:Ā 2019-2024
Forecast Years:Ā 2025-2033
Market Size in 2024: USDĀ 261.7 Billion
Market Forecast in 2033: USDĀ 409.4 Billion
Market Growth Rate:Ā 4.6% (2025-2033)
TheĀ Europe textile market size was valued atĀ USDĀ 261.7 BillionĀ in 2024 and is projected to grow toĀ USDĀ 409.4 BillionĀ by 2033, with an expected compound annual growth rateĀ (CAGR) ofĀ 4.6% from 2025 to 2033.
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Europe Textile MarketĀ Trends and Growth Drivers:
The growing environmental concerns among individuals are leading to the development of eco-friendly textiles. Consumers are increasingly looking for sustainable options, which is further encouraging brands to introduce bio-degradable and tree-free textiles. In July 2024, Soft N Dry Diapers introduced eco-friendly disposable diapers in Germany, France, and the UK. Moreover, various regulations across the region, like the EU Green Deal, are also fostering innovations.
This shift is propelling the market growth in Europe. The ongoing technological advancements and innovations in textiles like fabrics with moisture-wicking are escalating the market demand in the region. These fabrics, made to keep the body dry, are becoming popular, especially in sportswear and activewear.
Besides this, consumers are increasingly looking for comfort, which is further driving the demand for quick-drying textiles in Europe. In June 2024, Puma introduced CLOUDSPUN in Germany. This line offers comfort, softness, and moisture-wicking technology. Furthermore, the rapid expansion of e-commerce is also adding to the market demand. The increasing penetration towards smartphones offers easy access to a wide range of textile products.
The convenience of online shopping, coupled with massive discounts, is bolstering the demand for textiles across the region. In July 2024, Shein, one of the online fashion companies, invested more than USD 260 Million in the UK and EU. Shein also plannedĀ to get into off-take agreements with established companiesĀ that already have textile recycling manufacturing capacity or are working with the new ones.
Europe Textile Market OutlookĀ and Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largestĀ Europe textile market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Raw Material Insights:
- Cotton
- Chemical
- Wool
- Silk
- Others
Product Insights:
- Natural Fibers
- Polyesters
- Nylon
- Others
Application Insights:
- Household
- Technical
- Fashion and Clothing
- Others
Country Insights:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Top Players Analysis:
The report provides a detailed analysis of the competitive environment. It covers various aspects such as market structure, positioning of key players, top strategies for success, a competitive dashboard, and a company evaluation quadrant. Furthermore, the report includes comprehensive profiles of all major companies.Ā Ā
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Other Key Points Covered in the Report:
- COVID-19 Impact on the Market
- Porter's Five Forces Analysis
- Strategic Recommendations
- Market Dynamics
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
- Top Winning Strategies
- Recent Industry News
- Key Technological Trends & Development
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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