North America Textile Market Size- By Application, By Material Type, By Process- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
North America Textile Market Introduction and Overview
According to SPER market research, ‘North America Textile Market Size- By Application, By Material Type, By Process – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the North America Textile Market is predicted to reach USD 141.5 billion by 2033 with a CAGR of 4.08%.
The textile market industry is centered on the design, production, and distribution of yarn, cloth, clothing, and accessories. It is possible to use manufactured or natural raw materials, including goods from the chemical sector. The garment and textile industries play a major role in supporting the national economy of many countries. The younger generation’s increasing awareness of the latest fashion trends is driving the market for textile clothes.
The market for textiles first declined significantly as a result of the widespread lockdowns and disruptions to global supply chains, especially in the fashion and garment industries. Many textile manufacturers experienced decreased orders and revenue losses as a result of closed retail locations and reduced consumer spending.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Application, By Material Type, By Process
Regions covered United States, Canada, Mexico
Companies CoveredAmerican Eagle Outfitters Inc., DuPont de Nemours Inc., Elevate Textiles Inc., Guilford Mills Inc., Hennes & Mauritz AB, Levi Strauss & Co., Mohawk Industries Inc., Nike Inc., Standard Textile Co. Inc., The Dixie Group Inc., Welspun India Ltd, WestPoint Home Inc.
North America Textile Market Key Segments CoveredBy Application:Based on the Application, North America Textile Market is segmented as; Clothing, Industrial/Technical Applications, Household Applications.
By Material Type:Based on the Material Type, North America Textile Market is segmented as; Cotton, Jute, Silk, Synthetics, Wool.
By Process: Based on the Process, North America Textile Market is segmented as; Woven, Non-woven.
By Region:This research also includes data for United States, Canada, Mexico.