According to the report by Expert Market Research (EMR), the Europe Textile Market Size reached a value of USD 181.77 billion in 2023. Aided by the advancements in technology, a strong focus on sustainability, and the shifting dynamics of global trade, the market is projected to further grow at a CAGR of 3.0% between 2024 and 2032 to reach a value of USD 236.86 billion by 2032.
At the centre of the European textile sector’s evolution is a relentless pursuit of innovation. From smart textiles incorporating wearable technology to sustainable fabrics made from recycled materials, European manufacturers are at the forefront of developing textiles that meet the demands of modern consumers and industries. The integration of digital technologies, such as 3D printing and automated weaving and knitting machines, has revolutionised production processes, enhancing efficiency, precision, and creativity.
The fast fashion trend has boosted the Europe textile market growth for years, characterised by quick turnaround times and high volumes. However, there is a growing shift towards slow fashion, with consumers increasingly valuing quality, sustainability, and ethical manufacturing practices over speed and cost. This shift is encouraging brands to focus on durability, timelessness, and environmental impact in their offerings. The rise of online shopping has transformed the market, enabling direct-to-consumer sales and opening up new markets for European manufacturers. Digitalisation also offers opportunities for customization and personalisation, appealing to consumers looking for unique and tailored products.
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Sustainability has emerged as a central theme in the Europe textile market, with both consumers and regulators pushing for environmentally friendly practices. The market has responded by embracing circular economy principles, focusing on reducing waste, recycling materials, and minimising the environmental impact of textile production. European textile companies are increasingly investing in sustainable fibres, eco-efficient manufacturing processes, and transparency in supply chains, setting a benchmark for the global textile sector.
As per the Europe textile market outlook, the market is influenced by a diverse mix of traditional craftsmanship and cutting-edge design. High-quality, luxury textiles remain a significant segment, with European brands renowned worldwide for their excellence in materials and craftsmanship. At the same time, the market is witnessing a surge in demand for technical textiles with specialised applications in healthcare, automotive, and aerospace industries, among others.
Looking ahead, the European textile sector is set to continue its trajectory of growth and innovation. The emphasis on sustainability, coupled with advancements in technology, positions the market well to address the demands of the future. According to the Europe textile market analysis, as Europe leads the way in sustainable and innovative textile production, the sector’s global influence is poised to expand, weaving a future where tradition and innovation coexist harmoniously.
The European textile sector exemplifies how tradition can meet innovation to create a dynamic and forward-looking sector. With its commitment to sustainability, technological advancement, and quality, the market is well-equipped to navigate the challenges and opportunities ahead, reinforcing its pivotal role in Europe’s economy and beyond and boosting the Europe textile market share.
The European Union (EU) and individual European countries have some of the world’s strictest regulations regarding textile production, including labour practices, chemical use, and waste management. Compliance with these regulations is a significant driver for the adoption of more sustainable and ethical manufacturing practices and fuelling the Europe textile market expansion. There is a growing trend of reshoring textile manufacturing to Europe to reduce supply chain risks, improve quality control, and meet consumer demand for locally made products. This trend is partly driven by the desire for more sustainable production practices and shorter supply chains.
Europe Textile Market Segmentation
The market can be divided based on material type, product type, application, and country.
Market Breakup by Material Type
- Cotton
- Chemical
- Wool
- Silk
- Others
Market Breakup by Product Type
- Natural Fibres
- Polyester
- Nylon
- Others
Market Breakup by Application
- Household
- Bedding
- Kitchen
- Upholstery
- Towel
- Others
- Technical
- Construction
- Transport
- Protective
- Medical
- Others
- Fashion and Clothing
- Apparel
- Ties and Clothing Accessories
- Handbags
- Others
- Others
Market Breakup by Country
- Germany
- United Kingdom
- France
- Italy
- Others
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Competitive Landscape Of Europe Textile Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Europe textile market. Some of the major players explored in the report by Expert Market Research are as follows:
- TDV Industries
- Successori Reda SpA
- LENZING AG
- Paulo de Oliveira Company
- Tirotex Textile Company
- Aquafil S.p.A.
- Fulgar SpA
- Getzner Textil AG
- Lanificio Fratelli Balli SpA
- Others
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