Europe Textile Market Overview
Market Size in 2024: USD 261.7 Billion
Market Forecast in 2033: USD 409.4 Billion
Market Growth Rate: 4.6% (2025-2033)
According to the latest report by IMARC Group, the Europe textile market size was valued at USD 261.7 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 409.4 Billion by 2033, exhibiting a CAGR of 4.6% from 2025-2033.
Europe Textile Industry Trends and Drivers:
With many major forces propelling its expansion, the European textile industry is growing dynamically. The growing need for sustainable textiles, which has become quite popular in recent years, is one of the most compelling drivers. There is a clear move toward eco-friendly raw materials including organic cotton, recycled polyester, and biodegradable fibers as customers grow more environmentally aware. Strong legislation throughout Europe strongly supports this transition and motivates textile producers to use more environmentally friendly production methods. Moreover, technical developments in manufacturing techniques are helping businesses to create fabrics more quickly and with lower environmental impact. These developments are not only increasing the sustainability of fabrics but also improving product quality and durability, appealing to environmentally aware consumers.
The fast expansion of the fashion and home goods sectors is another major driving force behind the European textile market. Changing consumer tastes and a constant focus on creativity are driving the demand for textile goods in these industries quickly increasing. Custom-made, unique, very functional fabrics are increasingly popular in fashion, therefore driving market expansion. The home furnishings industry is also seeing a surge in demand for fabrics that are both fashionable and practical, therefore providing customers with a broad array of possibilities for designing customized living areas. The adoption of smart textiles and the ongoing creation of new fabrics are causing major transformations in these sectors, so guaranteeing that the textile industry continues to be a vital component of Europe's economy.
Geographically dominating the European textile market, Germany now has a notable share because of its great production capacity and well-known reputation in the textile and fashion sectors. The country's dominance is greatly influenced by its sophisticated textile manufacturing infrastructure and dedication to high-quality production. Furthermore, Germany's emphasis on technical innovations—including automation and sustainable methods—is establishing trends all across Europe. These developments are also helping the textile industry in nearby countries grow as they progressively embrace comparable techniques to keep competitive. Meeting consumer demand for sustainable, high-performance fabrics will be increasingly stressed as the market develops, with a great emphasis on improving the value chain throughout the area. The upward trend of the textile industry in Europe matches the continuous change in manufacturing methods, product innovations, and evolving customer needs for environmentally friendly choices.
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Europe Textile Industry Segmentation:
The report has segmented the market into the following categories:
Analysis by Raw Material:
- Cotton
- Chemical
- Wool
- Silk
- Others
Analysis by Product:
- Natural Fibers
- Polyesters
- Nylon
- Others
Analysis by Application:
- Household
- Technical
- Fashion and Clothing
- Others
Country Analysis:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Latest News and Developments:
- In October 2024: Reju opened Regeneration Hub Zero in Frankfurt, Germany, its first textile-to-textile recycling facility. Using IBM-invented technology and backed by Technip Energies, the hub focuses on recycling polyester with a 50% lower carbon footprint. Reju aims to create a circular textile system to tackle global textile waste, producing sustainable, infinitely regenerable polyester.
- In September 2024: The Filament Factory (TFF) launched high-performance PA12 high-strength multifilament yarn, developed in collaboration with Evonik. The lightweight textile innovation features low moisture absorption, high chemical resistance, dimensional stability, and durability. Applications span automotive, aviation, and sports sectors, supporting hoses, ropes, belts, and other advanced textile uses, marking a significant advancement in polymer-based materials.
- In July 2024, Lenzing Group, in collaboration with 13 partners, is driving the reformation of the textile industry through the EU-funded CELLFIL project. With €6.9 million in support, the project aims to scale sustainable, bio-based lyocell filaments, replacing synthetic fibers and promoting a circular economy for a greener, more sustainable textile value chain.
- In January 2024, BASF and Inditex announced the launch of loopamid®, a pioneering circular nylon 6 made entirely from textile waste. Zara introduced a jacket utilizing this innovative material, incorporating it into every garment component. The technology enables the recycling of polyamide 6 fibers across multiple cycles, driving sustainability and circularity in the fashion industry.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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