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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Europe Textile Market Analysis by Region
The United Kingdom holds a significant Europe textile market share due to a strong textile manufacturing sector
According to the Europe textile market analysis, the textile manufacturing sector of the United Kingdom produces about GBP 5.8Bn of materials that consist of the widely sought-after cashmere, worsted wool, luxurious tweeds, and distinctive tartans. As of 2020, the country had a presence of 4,200 businesses manufacturing textiles. The United Kingdom's textile sector is transforming with the digitalisation and acceptance of a circular economy.
The textile sector in Germany is concentrated in the regions of North Rhine-Westphalia (199 companies), Bavaria (127 companies), Baden-Württemberg, (121 companies), and Saxony (103 companies). Germany stands out for its significant innovation in the area of technical synthetic textile which encompasses a large share of textile manufacturing.
The EU countries, such as France, Italy, and Germany generally produce high-end luxury apparel. The fashion and luxury markets play a crucial role in the French economy. France also encompasses numerous companies engaged in the production of yarns, fabrics, and textiles for furniture, and technical applications. Additionally, the country's ready-to-wear clothing sector benefits from a well-established distribution network spread across the country.
According to the Europe textile market analysis, the Italian textile sector is transforming to achieve a complex balance between modernisation and technological advancements, while simultaneously maintaining a focus on creativity and craftsmanship. Italy is the second largest producer of textile finishing machinery with a world market share of around 17%. The country is home to around 45,000 textile and fashion companies. A majority of the small and medium textile companies are located in the Italian textile districts, such as Piedmont, Lombardy, Veneto, Emilia, and Tuscany.
Europe Textile Market Report Snapshots
Europe Textile Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the Europe textile market attained a value of USD 181.77 billion.
The market is projected to grow at a CAGR of 3.0% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of USD 236.86 billion by 2032.
Textile is a flexible material composed of a network of natural or artificial fibres, called yarn.
Prato is considered to be one of the largest industrial districts in Italy, the largest textile centre in Europe, and an important centre for the production of woollen yarns and fabrics, globally.
The market is being driven by the growing fashion and apparel industry, high consumer disposable incomes, and Europe’s dominance in textile research and innovation.
The key trends aiding the market expansion include the growing shift towards sustainable and organic textiles, increasing sales through online platforms, and incorporation of advanced technologies.
Cotton, chemical, wool, and silk, among others, are the different raw material types used in the market.
The major European textile markets are Germany, the United Kingdom, France, and Italy, among others.
The major players in the market are TDV Industries, Successori Reda SpA, LENZING AG, Paulo de Oliveira Company, Tirotex Textile Company, Aquafil S.p.A., Fulgar SpA, Getzner Textil AG, and Lanificio Fratelli Balli SpA, among others.
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