Asia Textile Market Size
Study Period | 2020 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Market Size (2025) | USD 401.18 Billion |
Market Size (2030) | USD 455.00 Billion |
CAGR (2025 - 2030) | 2.55 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Asia Textile Market Analysis
The Asia-Pacific Textile Market size is estimated at USD 401.18 billion in 2025, and is expected to reach USD 455.00 billion by 2030, at a CAGR of 2.55% during the forecast period (2025-2030).
The Asia-Pacific textile industry continues to demonstrate its dominance in global manufacturing capabilities, with China leading the charge as the world's largest textile powerhouse, accounting for approximately 40% of global textile and clothing exports. The region's manufacturing infrastructure has evolved significantly, with countries like Thailand establishing robust production networks comprising over 4,500 textile and apparel manufacturers employing nearly one million workers. This extensive manufacturing base spans the entire value chain, from man-made fiber plants and spinning facilities to advanced dyeing and printing operations, showcasing the region's comprehensive industrial capabilities.
The industry is witnessing a significant shift in supply chain dynamics, with countries diversifying their manufacturing bases and establishing specialized production clusters. China's role has evolved from being purely a manufacturing hub to becoming a crucial technical textile supplier for many apparel-exporting countries in Asia, particularly in industrial textile and high-value materials. The region's silk market exemplifies this specialization, with China accounting for approximately 80% of the region's silk demand and maintaining its position as the world's largest producer of raw silk and silk yarns, followed by other regional players like India, Thailand, and Uzbekistan.
Technological advancement and modernization have become cornerstone strategies across the region's textile sector. Companies are increasingly investing in automated production systems, digital printing technologies, and smart manufacturing solutions. Thailand's textile industry, for instance, has gained international recognition for its sophisticated finishing, dyeing, and printing services, making it one of the most sought-after fabric outsourcing destinations globally. The integration of advanced technologies has enabled manufacturers to improve production efficiency, maintain quality standards, and meet the growing demand for specialized fabric products.
The market has shown remarkable resilience and adaptability in export performance, particularly in the home textile segment. Bangladesh's export data illustrates this trend, with home textile exports reaching USD 1.62 billion in the fiscal year 2021-22, marking a substantial year-on-year growth of 43.28%. This growth encompasses a diverse product portfolio including bed linens, bath linens, carpets, rugs, and various household textile items, reflecting the region's capability to cater to evolving global demand patterns. The industry's focus has shifted towards developing sustainable production practices, implementing advanced manufacturing technologies, and creating value-added products to maintain its competitive edge in the global market.
Asia Textile Market Trends
Growing Consumer Spending and Demographic Advantages
The Asia-Pacific textile market is experiencing substantial growth driven by increasing consumer spending power and favorable demographics across the region. Consumer spending on clothing and footwear is projected to surge by 35.8% between 2024 and 2028, reaching a remarkable peak of 105.4 billion U.S. dollars by 2028. This dramatic increase in spending capacity is supported by the ongoing labor market recovery, which continues to boost consumer confidence and purchasing patterns across various fashion textile product categories. The region's large proportion of young, digitally-savvy consumers is creating unprecedented opportunities for market expansion, particularly in countries like Vietnam, the Philippines, Indonesia, Malaysia, Thailand, and Singapore.
The demographic dividend in the Asia-Pacific region is further amplified by rapid urbanization and the emergence of a sophisticated middle class with evolving lifestyle preferences. This demographic shift is particularly significant as sales of clothing products outside North America and Europe have already matched these traditional markets in 2021, with projections indicating that non-Western markets will account for 55% of global clothing sales by 2025. The combination of rising disposable incomes, increasing fashion consciousness, and growing appreciation for quality luxury textile products is fundamentally transforming consumption patterns across the region, creating a robust foundation for sustained market growth.
Technological Integration and Manufacturing Innovation
The textile industry in Asia-Pacific is undergoing a revolutionary transformation through the integration of advanced technologies and innovative manufacturing processes. Major manufacturers are increasingly adopting smart textile manufacturing initiatives, incorporating automation, artificial intelligence, and Internet of Things (IoT) technologies into their production processes. For instance, several digital textile manufacturers in the region have implemented "textile cloud" resource-sharing platforms and digitalized weaving processes, significantly improving production efficiency and quality control. These technological advancements are enabling manufacturers to meet the growing demand for high-quality textiles while maintaining cost competitiveness.
The industry's technological evolution extends beyond basic automation to encompass sophisticated solutions such as digital design tools, 3D printing applications, and smart inventory management systems. Leading manufacturers are investing in research and development facilities, focusing on developing innovative textile solutions including smart textiles and technical fabrics. The integration of digital solutions throughout the supply chain, from design to distribution, is creating new opportunities for product customization and market responsiveness. This technological revolution is particularly significant in traditional textile manufacturing hubs, where the combination of advanced technology and a skilled workforce is creating a new paradigm in textile production efficiency and innovation.
Sustainable Production and Consumer Awareness
Environmental consciousness and sustainability have emerged as crucial drivers in the Asia-Pacific textile market, fundamentally reshaping production processes and consumer preferences. The industry is witnessing a significant shift toward sustainable textile materials and manufacturing practices, with increasing demand for eco-friendly fibers such as organic cotton, hemp, and recycled textile materials. This transformation is evident in the growing popularity of blended varieties of fibers, which combine the benefits of artificial and natural yarns while maintaining environmental consciousness. Manufacturers are responding to this trend by investing in clean technologies and sustainable production methods, including water-efficient dyeing processes and eco-friendly finishing treatments.
The sustainability drive is further reinforced by increasing consumer awareness and demand for environmentally responsible sustainable textile products. High-value fabrics such as viscose, silk, and sustainable synthetic materials are gaining prominence in the market, reflecting the evolving consumer preferences for both quality and environmental responsibility. This shift is particularly notable in the home textiles segment, where consumers are increasingly seeking sustainable materials for products ranging from bedding to decorative textiles. The industry's response to these demands is creating new market opportunities while promoting responsible production practices across the textile manufacturing value chain.
Segment Analysis: By Material
Cotton Segment in Asia-Pacific Textile Market
The cotton textile segment continues to dominate the Asia-Pacific textile market, holding approximately 51% market share in 2024. This significant market position is driven by cotton's versatile applications across clothing, bed sheets, towels, and various other textile products. The segment's strength is particularly evident in major cotton-producing countries like China and India, which account for over 70% of the region's cotton production. The growth of the Chinese and Indian cotton textile industries has become a dominant factor in influencing both regional and global cotton markets. Cotton's natural fiber properties, including its breathability, comfort, and biodegradability, maintain its appeal among consumers and manufacturers alike. The segment's robust performance is further supported by increasing demand from the fashion industry, growing awareness of sustainable materials, and the expansion of retail sectors across Asia-Pacific economies.
Spandex Segment in Asia-Pacific Textile Market
The spandex segment is emerging as the most dynamic growth sector in the Asia-Pacific textile market, projected to expand at approximately 9% CAGR from 2024 to 2029. This remarkable growth is primarily driven by rapidly increasing demand for sports textiles and activewear, coupled with rising consumer disposable income across the region. The segment's expansion is further fueled by growing awareness about following healthy lifestyles, which has led to increased participation in sports activities and consequently higher demand for comfortable sportswear. The versatility of spandex in applications such as innerwear, sportswear, and activewear continues to drive innovation in the segment. Major players in the market are actively developing new products with enhanced properties, focusing on aspects like improved stretch recovery and moisture management capabilities. The segment's growth is particularly strong in countries like China, which has established itself as a major manufacturing hub for spandex-based textiles.
Remaining Segments in Material Segmentation
The polyester textile, nylon, and other materials segments each play crucial roles in the Asia-Pacific textile market landscape. Polyester textile maintains its position as the second-largest segment, valued for its durability and versatility in both fashion and technical applications. The nylon segment has carved out a significant niche in the market, particularly in technical textiles and high-performance apparel. The other materials segment, which includes wool, silk, and jute, continues to serve specialized market needs and traditional textile applications. These segments are experiencing varying levels of growth driven by factors such as technological advancements in fiber production, increasing demand for sustainable materials, and evolving consumer preferences in the region. The development of innovative blends and finishing techniques across these segments is helping manufacturers meet diverse market requirements while maintaining competitive advantages.
Segment Analysis: By Application
Clothing and Fashion Segment in Asia-Pacific Textile Market
The Clothing and Fashion segment continues to dominate the Asia-Pacific textile market, commanding approximately 53% market share in 2024. This segment's prominence is driven by strong economic growth in emerging markets, increased foreign direct investments, and rising demand for man-made fibers. The modern clothing industry is characterized by short product life cycles, vast product differentiation, and rapid demand changes. Increased penetration of organized retail, favorable demographics, rising income levels, and supportive government policies are fueling demand for textiles, especially in countries such as India, Bangladesh, Pakistan, and others. The segment's growth is further supported by the expansion of e-commerce channels, changing consumer preferences, and increasing fashion awareness across the region.
Industrial/Technical Segment in Asia-Pacific Textile Market
The Industrial/Technical segment is emerging as the fastest-growing segment in the Asia-Pacific textile market, with applications spanning medical textiles, automotive textiles, and other industrial sectors. This segment's growth is driven by increasing demand for technical textiles in various applications such as protective gear, automotive upholstery, and medical supplies. The advancement in smart textiles incorporating IoT and electronic sensors is creating new opportunities in this segment. The segment is witnessing significant innovation in areas such as fabric-based sensors, healthcare-focused applications, and sustainable materials. The growing emphasis on research and development, coupled with increasing investments in manufacturing capabilities, is expected to maintain this segment's strong growth trajectory through 2029.
Remaining Segments in Application Segmentation
The Household segment represents a significant portion of the Asia-Pacific textile market, encompassing products such as bed linens, towels, curtains, and other home furnishing items. This segment is benefiting from the region's growing housing market, increasing urbanization, and rising consumer spending on home decoration. The segment is witnessing evolution in terms of both functionality and aesthetics, with manufacturers introducing innovative products featuring advanced materials and designs. The growing middle-class population, increasing focus on home improvement, and the rise of online home furnishing retail channels are contributing to this segment's steady growth in the Asia-Pacific region.
Asia-Pacific Textile Market Geography Segment Analysis
Asia-Pacific Textile Market in China
China continues to dominate the Asia-Pacific textile landscape as the region's manufacturing powerhouse, commanding approximately 33% of the market share in 2024. The country's textile sector has successfully transitioned from traditional labor-intensive manufacturing to a more sophisticated, high-tech-driven industry model. This evolution is particularly evident in its growing focus on technical textiles and sustainable production methods. China's textile industry benefits from its well-established supply chains, advanced infrastructure, and significant expertise in producing textile products at scale. The country has made substantial investments in automation and digital technologies, implementing smart manufacturing practices across its textile facilities. Furthermore, China has strengthened its position in the global value chain by developing more value-added functions and expanding its role as a key textile supplier for many apparel-exporting countries in Asia. The government's commitment to environmental sustainability has led to the implementation of stricter environmental regulations and the promotion of cleaner production technologies in the textile sector.
Asia-Pacific Textile Market in Australia
Australia has emerged as the most dynamic player in the Asia-Pacific textile market, projected to grow at approximately 10% annually from 2024 to 2029. The country's textile sector has undergone significant transformation, particularly in technical textiles and sustainable fiber production. Australia's competitive advantage lies in its premium cotton production and innovative wool processing capabilities, supported by advanced research and development facilities. The country has established itself as a leader in sustainable textile practices, with many manufacturers adopting environmentally friendly production methods and circular economy principles. Australian textile manufacturers have increasingly focused on developing high-value, specialized products, particularly in the technical textiles segment. The industry has also benefited from strong government support through various initiatives promoting innovation and sustainability in textile manufacturing. Additionally, Australia's strategic position in the Asia-Pacific region has enabled it to forge strong trade relationships with major textile-consuming nations, further driving its market growth.
Asia-Pacific Textile Market in India
India has established itself as a crucial hub in the Asia-Pacific textile landscape, leveraging its rich textile heritage and modern manufacturing capabilities. The country's textile sector benefits from its complete value chain, from fiber production to finished garments, all present within its borders. India's competitive advantage stems from its skilled workforce, strong raw material base, and significant technological investments in recent years. The government's production-linked incentive scheme has attracted substantial investments in the textile sector, particularly in technical textiles and man-made fibers. The country has also made significant strides in sustainable textile production, with many manufacturers adopting eco-friendly practices and circular economy principles. India's textile industry has shown remarkable adaptability in meeting evolving global demands, particularly in technical textiles and specialized fabric production. The sector continues to benefit from robust domestic consumption while simultaneously expanding its export capabilities through strategic trade partnerships.
Asia-Pacific Textile Market in Japan
Japan has positioned itself as a leader in high-tech textile innovation, focusing on premium and technical textile segments within the Asia-Pacific market. The country's textile industry is characterized by its advanced technological capabilities and focus on high-value-added products. Japanese manufacturers have established themselves as pioneers in developing innovative textile materials, particularly in functional and smart textiles. The industry's strength lies in its robust research and development infrastructure, leading to breakthrough innovations in fiber technology and sustainable manufacturing processes. Japanese textile companies have maintained their competitive edge through continuous innovation in specialized segments such as automotive textiles and medical textiles. The country's textile sector has also embraced Industry 4.0 technologies, implementing advanced automation and artificial intelligence in manufacturing processes. Japan's focus on quality and precision has made it a preferred supplier for high-performance technical textiles globally.
Asia-Pacific Textile Market in Other Countries
The textile industry across other Asia-Pacific countries exhibits diverse strengths and specializations, contributing significantly to the region's overall textile ecosystem. Countries like South Korea, Vietnam, and Taiwan have carved out distinct niches in the market, with South Korea excelling in synthetic textile production, Vietnam emerging as a major garment manufacturing hub, and Taiwan specializing in technical textiles. Bangladesh has strengthened its position in ready-made garments, while Indonesia has developed expertise in natural textile processing. Thailand has established itself in specialized textile segments, particularly in technical textiles and synthetic fibers. These countries collectively contribute to a robust and diverse textile manufacturing landscape in the Asia-Pacific region, each leveraging their unique advantages in terms of labor costs, technological capabilities, or raw material access. The varying levels of industrial development and specialization across these markets create a complementary ecosystem that strengthens the region's overall textile manufacturing capabilities.
Asia Textile Industry Overview
Top Companies in Asia-Pacific Textile Market
The leading players in the Asia-Pacific textile market are demonstrating a strong commitment to innovation and technological advancement across their operations. Companies are increasingly focusing on developing sustainable and eco-friendly textile solutions while simultaneously expanding their manufacturing capabilities through strategic investments in advanced production facilities. There is a notable trend toward vertical integration, with major players establishing control over the entire value chain from fiber production to finished products. Market leaders are also strengthening their positions through strategic partnerships with technology providers and research institutions to develop smart textiles and innovative fiber solutions. The industry is witnessing significant investments in digitalization and automation of manufacturing processes, while companies are expanding their geographical presence through both organic growth and strategic acquisitions.
Fragmented Market with Strong Regional Players
The Asia-Pacific textile market exhibits a highly fragmented structure with a mix of large conglomerates and specialized manufacturers operating across different segments. Major conglomerates like Jiangsu Hengli Group and Toray Industries maintain significant market presence through their diversified product portfolios and strong manufacturing capabilities, while regional specialists focus on specific market niches with specialized product offerings. The market is characterized by intense competition among domestic manufacturers in key markets like China and India, where local players leverage their understanding of regional preferences and established distribution networks to maintain their competitive positions.
The industry is experiencing ongoing consolidation through mergers and acquisitions, particularly in advanced textile segments and technical textiles. Large corporations are actively acquiring smaller specialized manufacturers to expand their technological capabilities and market reach. Japanese and Chinese companies are particularly active in cross-border acquisitions, seeking to strengthen their global presence and acquire advanced manufacturing technologies. The market also sees significant collaboration between established players and emerging companies, especially in areas like smart textiles and sustainable manufacturing processes.
Innovation and Sustainability Drive Future Success
Success in the Asia-Pacific textile market increasingly depends on companies' ability to adapt to evolving consumer preferences and sustainability requirements. Incumbent players are focusing on developing proprietary technologies and sustainable manufacturing processes to maintain their competitive advantage, while also investing in digital capabilities to improve operational efficiency and customer engagement. Market leaders are strengthening their positions by establishing strong relationships with key customers in high-growth segments like technical textiles and smart fabrics, while also expanding their presence in emerging markets through strategic partnerships and localized production facilities.
New entrants and challenger companies are finding opportunities by focusing on specialized market segments and innovative product offerings. The ability to offer differentiated products while maintaining cost competitiveness remains crucial for success in this market. Companies are increasingly required to demonstrate strong environmental credentials and sustainable practices to meet both regulatory requirements and consumer expectations. The development of strong distribution networks and the ability to adapt to rapidly changing fashion trends and technical requirements are becoming critical success factors. Market players must also maintain flexibility in their operations to address potential supply chain disruptions and changing trade dynamics in the region.
Asia Textile Market Leaders
-
Shenzhou International Group
-
Weiqiao Textile
-
Texhong Textile Group
-
Arvind Ltd
-
Bombay Dyeing and Manufacturing Company Ltd
*Disclaimer: Major Players sorted in no particular order
Asia Textile Market News
- September 2023: Grasim Industries plans to open nearly 120 retail stores over the upcoming 2 years by expanding its footprint in smaller cities and towns.
- May 2023: Aditya Birla Fashion and Retail Ltd. announced the acquisition of TCNS Clothing with a deal size of USD 198.54 million.
Asia Textile Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
2.1 Analysis Method
2.2 Research Phases
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Current Market Scenario
4.2 Market Dynamics
4.2.1 Drivers
4.2.1.1 Rising willingness to pay premium for high quality apparel
4.2.1.2 Shifting inclination toward natural fiber-based textile garments
4.2.2 Restraints
4.2.2.1 Asia pacific trade limitations because of supply chain disruption
4.2.3 Opportunities
4.2.3.1 Growing influence of social media and e-commerce platform
4.3 Value Chain / Supply Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
4.5 Supply Chain/Value Chain Analysis
4.6 Technological Trends and Automation
4.7 Government Regulations and Initiatives
4.8 Insights into the E-commerce Market
4.9 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 Application
5.1.1 Clothing
5.1.2 Industrial and Technical
5.1.3 Household
5.1.4 Other Applications
5.2 Material
5.2.1 Cotton
5.2.2 Jute
5.2.3 Silk
5.2.4 Synthetics
5.2.5 Wool
5.3 Geography
5.3.1 China
5.3.2 India
5.3.3 Pakistan
5.3.4 Bangladesh
5.3.5 Australia
5.3.6 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Shenzhou International Group
6.2.2 Weiqiao Textile
6.2.3 Texhong Textile Group
6.2.4 Arvind Ltd
6.2.5 Bombay Dyeing and Manufacturing Company Ltd
6.2.6 Bombay Rayon Fashions Ltd
6.2.7 Fabindia Overseas Pvt Ltd
6.2.8 Raymond Ltd
6.2.9 Vardhman Textiles Ltd
6.2.10 Cotton Corporation Of India*
- *List Not Exhaustive
6.3 Other Companies
7. FUTURE OF THE MARKET
8. APPENDIX
Asia Textile Industry Segmentation
The textile industry involves sections like research, design, development, manufacturing, and distribution of textiles, fabrics, and clothing. A complete background analysis of the Asia-Pacific Textile Market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact is included in the report.
The Asia-Pacific textile market is segmented by application (clothing, industrial and technical, household, and other applications), by material (cotton, jute, silk, synthetics, and wool), and by geography (China, India, Pakistan, Bangladesh, Australia, and Rest of Asia-Pacific). The report offers market size and forecasts for the Asia-Pacific Textile Market in value (USD) for all the above segments.
Application | |
Clothing | |
Industrial and Technical | |
Household | |
Other Applications |
Material | |
Cotton | |
Jute | |
Silk | |
Synthetics | |
Wool |
Geography | |
China | |
India | |
Pakistan | |
Bangladesh | |
Australia | |
Rest of Asia-Pacific |
Asia Textile Market Research FAQs
How big is the Asia-Pacific Textile Market?
The Asia-Pacific Textile Market size is expected to reach USD 401.18 billion in 2025 and grow at a CAGR of 2.55% to reach USD 455.00 billion by 2030.
What is the current Asia-Pacific Textile Market size?
In 2025, the Asia-Pacific Textile Market size is expected to reach USD 401.18 billion.
Who are the key players in Asia-Pacific Textile Market?
Shenzhou International Group, Weiqiao Textile, Texhong Textile Group, Arvind Ltd and Bombay Dyeing and Manufacturing Company Ltd are the major companies operating in the Asia-Pacific Textile Market.
What years does this Asia-Pacific Textile Market cover, and what was the market size in 2024?
In 2024, the Asia-Pacific Textile Market size was estimated at USD 390.95 billion. The report covers the Asia-Pacific Textile Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Textile Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Asia-Pacific Textile Market Research
Mordor Intelligence offers a comprehensive analysis of the textile industry. We specialize in the detailed examination of industrial textile segments, which include technical textile, medical textile, and automotive textile applications. Our extensive research covers the manufacturing processes of natural textile, synthetic textile, and polyester textile. We also explore emerging smart textile technologies and digital textile innovations. The report provides an in-depth analysis of woven textile, nonwoven textile, and composite textile segments. Particular attention is given to protective textile and antimicrobial textile developments in the APAC region.
Stakeholders gain valuable insights into sustainable textile practices. This includes recycled textile initiatives and organic textile production methods. The report examines home textile markets, fashion textile trends, and luxury textile segments. It also covers sports textile and military textile applications. Our analysis encompasses functional textile and performance textile innovations, including geotextile applications and printed textile technologies. The comprehensive report PDF is available for download. It features detailed sections on technical textile advancements and emerging apparel textile trends, providing actionable intelligence for industry decision-makers.