Textile Testing Market Insights Video

According to Cognitive Market Research, the global Textile Testing market size was USD 8954.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.90% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 3581.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 2686.26 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2059.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 447.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 179.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
• The Mechanical Testing category is the fastest growing segment of the Textile Testing industry