Textile Manufacturing Market in Brazil 2022-2026

Textile Manufacturing Market in Brazil 2022-2026

Technavio has been monitoring the textile manufacturing market in Brazil and it is poised to grow by $ 7.35 bn during 2022-2026, accelerating at a CAGR of 2.82% during the forecast period. Our report on the textile manufacturing market in Brazil provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by premiumization through well-positioned brands, rising demand for textile in Brazil, and increasing demand for natural fibers.

The textile manufacturing market in Brazil analysis includes application and product segments.

Technavio's textile manufacturing market in Brazil is segmented as below:

By Application

• Fashion
• Technical
• Household
• Others

By Product

• Natural fibers
• Polyesters
• Nylon
• Others

This study identifies the growing demand for nanofibers in the medical industry as one of the prime reasons driving the textile manufacturing market growth in Brazil during the next few years. Also, increasing demand for textile in automotive industry and innovations in textile industry will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on textile manufacturing market in Brazil covers the following areas:

• Textile manufacturing market sizing
• Textile manufacturing market forecast
• Textile manufacturing market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading textile manufacturing market vendors in Brazil that include Evora SA, Fabricato SA, H and M Hennes and Mauritz GBC AB, Hyosung Corp., Merrow Sewing Machine Co., Pettenati Industria Textil SA, Santana Textiles Group, Santista Argentina SA, Springs Global, Toray Industries Inc., and Vicunha Textil SA. Also, the textile manufacturing market in Brazil analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Evora SA, Fabricato SA, H and M Hennes and Mauritz GBC AB, Hyosung Corp., Merrow Sewing Machine Co., Pettenati Industria Textil SA, Santana Textiles Group, Santista Argentina SA, Springs Global, Toray Industries Inc., Vicunha Textil SA