Global Textile Manufacturing Market Is Forecast To Grow At A High CAGR

31/dic/2018 08:08:56 vamshi Contatta l'autore

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The Business Research Company’s global textile manufacturing market analysis covers the year-on-year growth of the global textile manufacturing market historic and forecast growth. It also includes chapters on the textile manufacturing market trends, geographical analysis, and competitive landscape.

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The global textile manufacturing market is forecast to grow at a CAGR (compound annual growth rate) of around 7.4% to 2020.

Textile Manufacturing Market Segmentation

According to TBRC’s global textile manufacturing market research, the market is split by segments into fabrics manufacturing, yarn, fiber and thread manufacturing, and home furnishings and floor coverings manufacturing.

Fabrics manufacturing was the largest segment in the textiles manufacturing market with a 41.27% share of the market. This is due to high demand for fabrics from apparel manufacturing facilities especially from developing economies such as China, India and Bangladesh.

Yarn, fiber and thread manufacturing was the second largest segment in the textiles manufacturing market with a 36.45% share of the market.

Home furnishings and floor coverings manufacturing was the third largest segment in the textiles manufacturing market with a 22.28% share of the market.

Download a sample of the report: https://www.thebusinessresearchcompany.com/sample.aspx?id=65&type=smp

Yarn, fiber and thread manufacturing had the highest CAGR (compound annual growth rate); is expected to grow at a CAGR of 10%. Home furnishings and floor coverings manufacturing had the second highest CAGR; is expected to grow at a CAGR of 7.4%. 

The global textile manufacturing market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

The global textile manufacturing market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the report are Toray Industries Inc., Mohawk Industries, Indorama Corporation Pte. Ltd., Beaulieu International Group, and Weiqiao Textile Company Limited.

About The Business Research Company:

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

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