Textile Market Size Is Expected To Reach USD 1412.5 Billion By 2028
San Francisco, 22 Dec 2021: The Report Textile Market Size, Share & Trends Analysis Report By Raw Material (Wool, Chemical, Silk), By Product (Natural Fibers, Polyester), By Application (Household, Technical), By Region, And Segment Forecasts, 2021 - 2028 The global textile market size is anticipated to reach USD 1412.5 billion by 2028, according to a new report by Grand View Research Inc. The market is expected to expand at a CAGR of 4.4% from 2021 to 2028. Rising consumer awareness coupled with fast pace changing trends in the fashion industry is projected to drive the market. The rise in the e-commerce platforms that support sales and distribution of different types of products manufactured by the industry is expected to drive the demand. In addition, stringent government regulations to ensure labor safety is compelling the demand for personal protective clothing that requires wool or treated cotton as raw material, which is fueling t...