Textile Industry in Europe Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

the Report Covers Top Textile Companies in Europe, and the Market is Segmented by Application Type (clothing, Industrial/technical Applications, and Household Applications), Material Type (cotton, Jute, Silk, Synthetics, and Wool), Process Type (woven and Non-Woven). the Market Size and Forecasts for the Europe Textile Market are Provided in Terms of Value (USD) for all the Above Segments.

Europe Textile Market Size

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Europe's Textile Market Summary
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Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 185.80 Billion
Market Size (2029) USD 219.89 Billion
CAGR (2024 - 2029) 3.43 %
Market Concentration Medium

Major Players

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*Disclaimer: Major Players sorted in no particular order

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Europe Textile Market Analysis

The Europe Textile Market size is estimated at USD 185.80 billion in 2024, and is expected to reach USD 219.89 billion by 2029, growing at a CAGR of 3.43% during the forecast period (2024-2029).

In Europe, the textile industry significantly contributes to the economy, employing nearly 6% of the working class in total manufacturing. After COVID-19, there was an inclination toward the latest fashion trends among the young generation. Changing collections every three weeks has induced consumers to act with new behavior.

Digital platforms and digital marketing strategies are becoming prevalent in the European fashion market, and many new brands have emerged with the development of e-commerce, which allows companies to engage consumers through virtual reality. The fashion and online apparel industry is the one that marks the most significant growth in e-commerce sales. Therefore, the advent of online platforms has increased consumer spending on clothing through these channels, driving sales and revenue in the European textile market.

Europe Textile Market Trends

Rise in the Demand for Organic Textiles and Fabrics

Organic clothing is available in cotton, jute, silk, kapok, hemp, or wool. The demand for organic clothing is rising as more and more consumers become concerned about the environment. The European Textile sector is especially proactive in undertaking research work to develop new and innovative products. Given the health and environmental benefits of organic products, more eco-conscious consumers are now shifting towards clothing made from organic textiles. In response to consumer demand and pressure to green its operations, the fashion industry is taking new strides towards using more sustainable fabrics. Fast fashion giants are also leaping organic and recycled alternatives. H&M, for instance, has already increased its use of organic and recycled cotton to 95%.

Europe Textile Market : Share of Sustainable Cotton Usage By H&M, By Material Type, 2022 %

Rising Changes in Consumer's Shopping Behavior

The growth in disposable income and the increasing preference for online shopping will drive the European textile market for the next few years. Online shopping is still growing in importance, although take-up varies significantly by region and country. About 5 % of European household expenditure is spent on clothing and footwear, of which about 80 % is spent on clothes and 20 % on footwear. Furthermore, increasing disposable has led to a rise in supermarkets and retail stores, thereby driving the overall market growth. The demand is very high for premium and branded products due to increasing per capita disposable income. Rising disposable income, along with investments in textile manufacturing, would create lucrative growth prospects for the Textile market across the region.

Europe Textile Market : Household Net Adjusted Annual Disposable Income of Selected European Countries, In %, in 2022

Europe Textile Industry Overview

Europe is home to hundreds of leading retailers and brands, internationally acclaimed designers, thousands of talented emerging designers, and forward-thinking entrepreneurs, researchers, and educators. European high-quality textiles and premium fashion products are in growing demand, both in high-income countries such as the United, Switzerland, Japan, and Canada, but also in emerging countries such as China and Hong Kong, Russia, Turkey, and the Middle East. Technical textiles are an undisputed success story of the European industry. In terms of international trade, both exports and imports of technical textiles have grown continuously over the years. Major players in the textile industry of Europe are Salvatore Ferragamo SpA, Koninklijke Ten Cate NV, Inditex, Tirotex, and Chargeurs SA.

Europe Textile Market Leaders

  1. Salvatore Ferragamo SpA

  2. Koninklijke Ten Cate NV

  3. Inditex

  4. Tirotex

  5. Chargeurs SA

*Disclaimer: Major Players sorted in no particular order

Europe Textile Market Concentration
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Europe Textile Market News

  • December 2022: TextileGenesis™, a pioneering traceability platform custom-built for the textile ecosystem, was acquired by Lectra. Lectra is a company that offers consultancy and professional services to companies in many different sectors. This provides its customers with a vast collection of fashion.
  • August 2022: Archroma to acquire the Textile Effects business of Huntsman. Both Archroma and Textile Effects are founding members of Sustainable Chemistry for the Textile Industry (SCTI), an alliance of leading chemical companies that strives to empower the textile and leather industries to apply sustainable, state-of-the-art chemistry solutions.

Europe Textile Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS AND DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Growing Awareness of the Latest Fashion Trends Among the Young Generation

    3. 4.3 Market Restraints

      1. 4.3.1 High Wastage

      2. 4.3.2 Market Opportunities

        1. 4.3.2.1 Increasing Trend of Smart Textiles

    4. 4.4 Value Chain / Supply Chain Analysis

    5. 4.5 Porter's Five Forces Analysis

      1. 4.5.1 Bargaining Power of Suppliers

      2. 4.5.2 Bargaining Power of Buyers/Consumers

      3. 4.5.3 Threat of New Entrants

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry

    6. 4.6 Impact of COVID-19 on the Market

    7. 4.7 Insights on Latest Technologies Used in the Industry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Application

      1. 5.1.1 Clothing

      2. 5.1.2 Industrial/Technical Applications

      3. 5.1.3 Household Applications

    2. 5.2 Material Type

      1. 5.2.1 Cotton

      2. 5.2.2 Jute

      3. 5.2.3 Silk

      4. 5.2.4 Synthetics

      5. 5.2.5 Wool

    3. 5.3 Process

      1. 5.3.1 Woven

      2. 5.3.2 Non-woven

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Concentration Overview

    2. 6.2 Company Profiles

      1. 6.2.1 Salvatore Ferragamo SpA

      2. 6.2.2 Koninklijke Ten Cate NV

      3. 6.2.3 Inditex

      4. 6.2.4 Tirotex

      5. 6.2.5 Chargeurs SA

      6. 6.2.6 Zorlu Holding

      7. 6.2.7 Miroglio Spa

      8. 6.2.8 Aquafilslo S.p.a.

      9. 6.2.9 Getzner Textil Aktiengesellschaft

      10. 6.2.10 Fulgar SpA*

    3. *List Not Exhaustive
  7. 7. MARKET FUTURE TRENDS

  8. 8. DISCLAIMER

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Europe Textile Industry Segmentation

The textile industry is the platform or industry in which the development, production, processing, manufacture, and distribution of textile and fabric materials occur. The textile market industry is concerned with the design, production, and distribution of yarn, cloth, clothing, and garments. The raw material may be natural or synthetic, which may be using products of the chemical industry. The European textile market is segmented by application type (clothing, industrial/technical applications, and household applications), material type (cotton, jute, silk, synthetics, and wool), and process type (woven and non-woven). The report offers Market Size and forecasts for the Europe Textile Market in value (USD) for all the above segments.

Application
Clothing
Industrial/Technical Applications
Household Applications
Material Type
Cotton
Jute
Silk
Synthetics
Wool
Process
Woven
Non-woven
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Europe Textile Market Research Faqs

The Europe Textile Market size is expected to reach USD 185.80 billion in 2024 and grow at a CAGR of 3.43% to reach USD 219.89 billion by 2029.

In 2024, the Europe Textile Market size is expected to reach USD 185.80 billion.

Salvatore Ferragamo SpA, Koninklijke Ten Cate NV, Inditex, Tirotex and Chargeurs SA are the major companies operating in the Europe Textile Market.

In 2023, the Europe Textile Market size was estimated at USD 179.64 billion. The report covers the Europe Textile Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Europe Textile Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Europe Textile Industry Report

Statistics for the 2024 Europe Textile market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Textile analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Textile Industry in Europe Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)