How big is the Asia-Pacific Textile Market?

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.

The Asia-Pacific Textile Market size is expected to reach USD 391.20 billion in 2024 and grow at a CAGR of 2.55% to reach USD 443.72 billion by 2029. Read More

What is the current Asia-Pacific Textile Market size?

In 2024, the Asia-Pacific Textile Market size is expected to reach USD 391.20 billion. Read More

What years does this Asia-Pacific Textile Market cover, and what was the market size in 2023?

In 2023, the Asia-Pacific Textile Market size was estimated at USD 381.22 billion. The report covers the Asia-Pacific Textile Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Textile Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Asia-Pacific Textile Market Share

Statistics for the 2023 & 2024 Asia-Pacific Textile market share, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Textile share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Asia-Pacific Textile Industry

The Asia-Pacific textile market is highly competitive and fragmented. Some of the companies in the Asia-Pacific Textile industry are Shenzhou International Group, Weiqiao Textile, Texhong Textile Group, Arvind Ltd, and Bombay Dyeing and Manufacturing Company Ltd. Numerous local companies are restricted to their locations, but with technological advancement, Internet and e-commerce penetration has driven the market even in the hard times. Further, integration of the market, followed by mergers, partnerships, and acquisitions, will help the companies to create a strong foothold in the market.