Europe Textile Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 111.24 Billion |
| Market Size (2029) | USD 141.10 Billion |
| CAGR (2024 - 2029) | 4.87 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Textile Market Analysis
The Europe Textile Market size is estimated at USD 111.24 billion in 2024, and is expected to reach USD 141.10 billion by 2029, growing at a CAGR of 4.87% during the forecast period (2024-2029).
In Europe, the textile industry is a cornerstone of the manufacturing workforce. Consumer behavior has shifted noticeably toward embracing the latest fashion trends, particularly among the younger generation. The introduction of new collections every three weeks has fueled this trend, encouraging consumers to adopt more frequent purchasing habits.
Digital platforms and online marketing strategies have gained prominence in the European fashion market, leading to the emergence of numerous new brands leveraging e-commerce platforms. These digital channels, along with innovations such as virtual reality, have enabled companies to engage with consumers in novel ways. The fashion and apparel sector has experienced significant growth in e-commerce sales, contributing to overall revenue growth in the European textile market.
The rise of online platforms has facilitated increased consumer spending on clothing through digital channels, further fueling sales growth in the textile market in Europe.
Europe Textile Market Trends
Impact of Sustainability and Innovation Driving Market Growth
The European textile market has demonstrated strong growth, with notable increases in market expansion over recent years.
One of the primary drivers of this growth is the rising consumer demand for sustainable and eco-friendly textiles. Increased awareness of environmental issues has spurred interest in textiles made from organic and recycled materials. This trend is supported by advancements in technology and manufacturing processes, which now allow for the production of high-quality, environmentally responsible fabrics. As consumers prioritize sustainability, their preference for eco-friendly products is fueling market growth.
The continual evolution of the textile industry in Europe reflects a broader shift toward sustainability, with innovative practices and materials leading to a more dynamic and expanding market. This positive trend indicates a robust future outlook for the sector, driven by changing consumer values and technological progress.
UK Textile Market Witnessing Growth
The textile market in the United Kingdom has experienced steady growth across various segments. Children’s apparel, men’s apparel, and women’s apparel have all seen increases in market value, reflecting a positive trend in consumer spending.
One of the primary drivers of this growth is the shift toward personalized and high-quality clothing. The increase in disposable incomes and a growing emphasis on fashion and personal style have driven a higher demand for a variety of premium apparel. Furthermore, the growing e-commerce and digital platforms have made it more convenient for consumers to explore and purchase a broad selection of clothing options, supporting market expansion.
Sustainability is another significant factor influencing the market. Consumers are increasingly seeking eco-friendly and ethically produced garments, driving the market toward more sustainable practices. This trend is pushing brands to innovate and adopt environmentally responsible production methods, further fueling market expansion.
Overall, the textile market in the United Kingdom is evolving in response to changing consumer preferences and industry advancements, indicating a robust outlook for continued growth.
Europe Textile Industry Overview
The European textile industry is fragmented, featuring diverse players such as Lenzing AG, Worn Again Technologies, Klopman International, Albini Group, and Schoeller Textil AG. These companies drive innovation in sustainability, technical textiles, and premium fabrics.
Europe Textile Market Leaders
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Lenzing AG
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Worn Again Technologies
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Klopman International
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Albini Group
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Schoeller Textil AG
*Disclaimer: Major Players sorted in no particular order
Europe Textile Market News
- July 2024: Lenzing Group introduced its Black Towel Collection, crafted from LENZING ECOVER and TENCEL branded fibers. This line includes reusable face and body care items like towels and makeup removal pads. It offers a durable, soft alternative to disposable products, enhancing daily personal care with sustainability and vibrant color.
- June 2024: Lenzing Group partnered with Exponent Envirotech to introduce ECOHUE, a waterless dyeing technology for wood-based cellulosic fibers. This innovation, applicable to cotton and linen, is now used with TENCEL lyocell, modal fibers, and LENZING ECOVERO viscose. Collaborating with Cobalt Fashion, they aim to revolutionize textile dyeing practices.
Europe Textile Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definitions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Value Chain/Supply Chain Analysis
4.3 Market Drivers
4.3.1 Rapid Changes in Fashion Trends and the Rise of Fast Fashion Contribute to Increased Textile Consumption and Demand for New Designs
4.3.2 Increased Urbanization and Changing Lifestyles Boost Demand for a Variety of Textile Products, From Home Furnishings to Clothing
4.4 Market Restraints
4.4.1 Elevated Costs of Raw Materials and Manufacturing Processes Can Limit Profitability and Price Competitiveness
4.5 Market Opportunities
4.5.1 Strategic Collaborations with Designers and Other Industry Players
4.5.2 Expanding into Emerging European Markets with Growing Middle-income Populations Can Drive Additional Demand for Textile Products
4.6 Porter's Five Forces Analysis
4.6.1 Bargaining Power of Suppliers
4.6.2 Bargaining Power of Buyers/Consumers
4.6.3 Threat of New Entrants
4.6.4 Threat of Substitute Products
4.6.5 Intensity of Competitive Rivalry
4.7 Impact of COVID-19 on the Market
4.8 Insights into Latest Technologies Used in the Industry
5. MARKET SEGMENTATION
5.1 By Application Type
5.1.1 Clothing
5.1.2 Industrial/Technical Applications
5.1.3 Household Applications
5.2 By Material Type
5.2.1 Cotton
5.2.2 Jute
5.2.3 Silk
5.2.4 Synthetics
5.2.5 Wool
5.3 By Process Type
5.3.1 Woven
5.3.2 Non-woven
5.4 By Region
5.4.1 Germany
5.4.2 France
5.4.3 Italy
5.4.4 Spain
5.4.5 United Kingdom
5.4.6 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Lenzing AG
6.2.2 Worn Again Technologies
6.2.3 Klopman International
6.2.4 Albini Group
6.2.5 Schoeller Textil AG
6.2.6 Borges International Group
6.2.7 Marzotto Group
6.2.8 Gebrüder Otto
6.2.9 ITV Denkendorf Produktservice GmbH
6.2.10 Holland & Sherry *
- *List Not Exhaustive
7. FUTURE MARKET TRENDS
8. DISCLAIMER
Europe Textile Industry Segmentation
The textile market encompasses the entire process from development and production to processing, manufacturing, and distribution of textile and fabric materials. It involves designing and producing yarn, clothing, and garments. Raw materials, including those derived from chemical sources, can be natural and synthetic.
The European textile market is segmented into application type, material type, process type, and region. By application type, the market is segmented into clothing, industrial/technical applications, and household applications. By material type, the market is segmented into cotton, jute, silk, synthetics, and wool. By process type, the market is segmented into woven and non-woven. By region, the market is segmented into Germany, France, Italy, Spain, the United Kingdom, and the rest of Europe. The report offers market size and forecasts in terms of value (USD) for all the above segments.
| By Application Type | |
| Clothing | |
| Industrial/Technical Applications | |
| Household Applications |
| By Material Type | |
| Cotton | |
| Jute | |
| Silk | |
| Synthetics | |
| Wool |
| By Process Type | |
| Woven | |
| Non-woven |
| By Region | |
| Germany | |
| France | |
| Italy | |
| Spain | |
| United Kingdom | |
| Rest of Europe |
Europe Textile Market Research Faqs
How big is the Europe Textile Market?
The Europe Textile Market size is expected to reach USD 111.24 billion in 2024 and grow at a CAGR of 4.87% to reach USD 141.10 billion by 2029.
What is the current Europe Textile Market size?
In 2024, the Europe Textile Market size is expected to reach USD 111.24 billion.
Who are the key players in Europe Textile Market?
Lenzing AG, Worn Again Technologies, Klopman International, Albini Group and Schoeller Textil AG are the major companies operating in the Europe Textile Market.
What years does this Europe Textile Market cover, and what was the market size in 2023?
In 2023, the Europe Textile Market size was estimated at USD 105.82 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.
What are the opportunities for the European Luxury Textile Market?
The opportunities for the European Luxury Textile Market are a) Brand recognition b) Potential for customization
What are the challenges faced by the European Textile Industry from fast fashion?
The challenges faced by the European Textile Industry from fast fashion are a) Short production cycles b) Waste generation c) Potential for ethical sourcing concerns
Europe Textile Industry Report
The European textile industry is undergoing significant transformations driven by the adoption of advanced technology, sustainable material sourcing, and increasing demand for smart and technical textiles. Key nations like Italy, Germany, and France are leading these technological advancements in both luxury and industrial textiles sectors. The preference for natural fibers, such as cotton and wool, highlights the industry's support for the EU's circular economy goals through eco-friendly and biodegradable materials. The diverse use of materials spans household to fashion applications, reflecting the sector's broad market segmentation. As the textile industry in Europe continues to expand and innovate, there is a significant focus on ethical production practices, ensuring superior quality and sustainability. This offers great opportunities for both established textile companies in Europe and newcomers aiming to tap into the growing European market. Access detailed market forecasts and analyses to understand the trends shaping the Europe textile industry. Get a sample of this industry analysis as a free report PDF download.
