According to Cognitive Market Research, the global Textiles market size is USD 1865848.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.60% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 746339.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 559754.46 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 429145.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.6% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 93292.41 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Middle East and Africa held the major market ofaround 2% of the global revenue with a market size of USD 37316.96 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
The household application segment emerges as the dominant category, encompassing a wide range of products such as bedding, towels, curtains, and upholstery.
