United States Textile Market

United States Textile Market Size:

The United States textile market size is projected to exhibit a growth rate (CAGR) of 2.8% during 2024-2032. Continuous innovations in material technologies, the emphasis on the creation of environmentally friendly textiles from recycled or renewable resources, and the considerable growth in the apparel and fashion sector demanding high-quality fabrics represent some of the key factors driving the market toward growth.

United States Textile Market Analysis:

• Major Market Drivers: Rapid technological advancements in textile manufacturing, rising demand for sustainable and eco-friendly fabrics, advancing e-commerce and online retailing boosting accessibility and sales of textile products, increasing demand for high-performance and smart textiles, and government initiatives supporting domestic textile production are the major drivers for the United States textile market.
• Key Market Trends: The United States textile market is witnessing key trends such as a growing demand for sustainable and eco-friendly fabrics, driven by increasing consumer awareness of environmental issues. Additionally, there is a significant shift towards advanced textiles with smart features, including moisture-wicking, antimicrobial, and UV protection properties. The market is also experiencing a rise in domestic manufacturing due to supply chain disruptions and a renewed focus on "Made in USA" products. Lastly, technological advancements in textile production are enhancing efficiency and product innovation.
• Competitive Landscape: The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
• Challenges and Opportunities: The United States textile market presents opportunities such as advancements in sustainable and eco-friendly fabrics, increasing demand for smart textiles, and growth in e-commerce. However, challenges include rising labor costs, competition from low-cost overseas manufacturers, and supply chain disruptions. Additionally, stringent environmental regulations and the need for technological innovation to stay competitive add to the complexities faced by the industry.

United States Textile Market Trends:

Advancements in Sustainable and Eco-Friendly Fabrics

According to an analysis by Business Insider, fashion production is responsible for 10% of global carbon emissions. In 2018, the U.S. generated 17 million tons of textile waste, with only 15% recycled. The industry contributes 20% of global wastewater and 10% of carbon emissions, surpassing emissions from international flights and maritime shipping. In the U.S., 11.3 million tons of textile waste, or 85% of all textiles, end up in landfills each year, amounting to 81.5 pounds (37 kilograms) per person annually. Additionally, 2,150 textile pieces are discarded every second across the country. The fashion industry also accounts for 20% of the world's wastewater, mainly from dyeing and finishing processes, contributing to 3% of global CO2 emissions. These statistics highlight the urgent need for improved waste management and sustainable practices in the industry. The rising consumer awareness and demand for environmentally sustainable products are driving the market growth in the country. Innovations in sustainable and eco-friendly fabrics, such as organic cotton, recycled polyester, and biodegradable materials, are gaining popularity. These materials reduce environmental impact and meet the increasing regulatory standards for sustainability. Brands and manufacturers are investing in research and development to produce textiles that are not only eco-friendly but also maintain quality and durability, appealing to a broad range of environmentally conscious consumers. For instance, the U.S. textile industry invested $20.9 billion in new plants and equipment from 2012 to 2021. Recently U.S. manufacturers have opened new facilities throughout the textile production chain, including recycling facilities to convert textile and other waste to new textile uses and resins.

Growth in E-commerce and Digital Platforms

The rise of e-commerce and digital platforms is a significant driver for the U.S. textile market. Online retailing provides consumers with convenient access to a vast array of textile products, from clothing to home textiles. The digital transformation allows for personalized shopping experiences, efficient inventory management, and direct-to-consumer sales models. In 2022, the e-commerce sales of the fashion industry accounted for 21.4% of total online retail sales in the US. Overall, the fashion industry grew by 8.3% in 2022. Moreover, the U.S. Bureau of Labor Statistics (BLS) reports monthly consumer price indices (CPI). It measures the change in prices paid by consumers for goods and services. CPI for apparel, in particular, rose to 5% in a 12-month percentage change in 2021-2022. Furthermore, in the US, Temu has broken the record of being the number 1 most-downloaded shopping app. Temu has crossed 100 million active users in the US as of April 2023. The app made its entry into the US in September 2022.

Technological Innovations in Textile Manufacturing

Technological advancements in textile manufacturing, such as automation, artificial intelligence (AI), and 3D printing, are revolutionizing the industry. These innovations lead to increased efficiency, reduced production costs, and higher quality products. Automation and AI enable precise and consistent production processes, minimizing waste and optimizing resource use. 3D printing allows for custom and on-demand production, catering to niche markets and reducing overproduction. A study revealed that 71% of shoppers anticipate some level of personalization. Leveraging artificial intelligence and individualized experiences, hyper-personalization has transformed fashion e-commerce. For example, StitchFix offers shoppers personal stylists to help them find apparel that suits their unique style preferences. Other examples include Amazon Prime’s "Try Before You Buy" and Walmart’s "Apparel Try-On" features. These technological improvements not only enhance competitiveness but also open new avenues for creativity and innovation in textile design and production. The United States leads the world in textile research and development, with the U.S. textile industry pioneering next-generation materials. These innovations include conductive fabrics with anti-static properties, electronic textiles capable of monitoring heart rate and other vital signs, antimicrobial fibers, lifesaving body armor, and advanced fabrics that adapt to the climate, keeping the wearer warmer or cooler as needed.

United States Textile Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2024-2032. Our report has categorized the market based on raw material, product, and application.

Breakup by Raw Material:

• Cotton
• Chemical
• Wool
• Silk
• Others
   

The report has provided a detailed breakup and analysis of the market based on the raw material. This includes cotton, chemical, wool, silk, and others.

Cotton's demand in the U.S. textile market is driven by its softness, breathability, and hypoallergenic properties, enhanced by sustainable farming practices. Chemical fibers like polyester and nylon are popular for their durability, versatility, and cost-effectiveness, essential for performance fabrics and sportswear. Wool is valued for insulation, moisture-wicking, and biodegradability, with a focus on sustainability. Silk’s luxurious feel and eco-friendly attributes cater to high-end fashion. Other materials like hemp and bamboo grow due to their unique properties and sustainability.

Breakup by Product:

• Natural Fibers
• Polyesters
• Nylon
• Others
   

A detailed breakup and analysis of the market based on the product have also been provided in the report. This includes natural fibers, polyesters, nylon, and others.

The U.S. textile market is driven by diverse fiber demands. Natural fibers like cotton and wool are popular due to their sustainability, biodegradability, and comfort, supported by organic farming and ethical fashion trends. Polyesters are favored for their durability, cost-effectiveness, and versatility, with innovations in recycling boosting their appeal. Nylon's high strength, elasticity, and abrasion resistance make it ideal for activewear and industrial applications, with recycled nylon gaining traction. Other fibers, such as acrylic, spandex, and specialty fibers, thrive due to their unique properties and specific uses, meeting diverse industry needs.

Breakup by Application:

• Household
• Technical
• Fashion and Clothing
• Others
   

The report has provided a detailed breakup and analysis of the market based on the application. This includes household, technical, fashion and clothing, and others.

The household textile segment thrives on rising demand for home decor and furnishings, driven by higher disposable incomes and home renovation trends. Innovations in fabric durability, stain resistance, and eco-friendly materials boost market appeal. Technical textiles benefit from advancements in technology, serving industries like automotive, healthcare, and construction with high strength, durability, and resistance to extreme conditions. The fashion and clothing segment is influenced by changing consumer preferences, fast fashion, e-commerce growth, and the rise of sustainable fashion. The "Others" category, encompassing niche markets like sports and agriculture, grows due to the demand for specialized, multi-functional textiles.

Breakup by Region:

• Northeast
• Midwest
• South
• West
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.

The U.S. textile market varies by region, with the Northeast driven by technological innovation and sustainability demands, supported by strong academic institutions and fashion hubs like New York City. The Midwest benefits from robust manufacturing infrastructure and focuses on industrial textiles, leveraging proximity to raw materials and efficient transportation. The South thrives on its established manufacturing base, cost-effective production, and proximity to major ports, facilitating exports. The West emphasizes sustainable and innovative textiles, with Silicon Valley driving smart textile development and Los Angeles influencing fashion trends. For instance, the U.S. textile industry employed almost 530,000 workers, produced $64.4 billion in textiles and apparel, and exported $25.4 billion of textile-related products in 2020. Moreover, U.S. textile and apparel shipments totaled $64.8 billion in 2023. In line with this, the U.S. industry is the second largest exporter of textile-related products in the world. Fiber, textile, and apparel exports combined were $29.7 billion in 2021.

Competitive Landscape:

• The report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
• The U.S. textile market's competitive landscape features a mix of established industry leaders and innovative startups. Key players include large manufacturers like Milliken & Company and VF Corporation, renowned for their extensive product lines and global reach. The market is also characterized by technological advancements, with companies investing in smart textiles and sustainable materials. Competition is intense, driven by constant innovation, cost efficiency, and the ability to meet changing consumer demands. The presence of numerous small to medium enterprises adds to the competitive dynamics. For instance, in December 2022, Milliken & Company, a global textile manufacturer with over 70 locations worldwide, announced plans to expand its operations in Cherokee County. This $27.4 million investment is expected to create 75 new jobs.

United States Textile Market News:

• In February 2023, Huntsman Corporation announced the completion of the sale of its Textile Effects division to Archroma, a portfolio company of SK Capital Partners. The purchase price was set at USD 593 million in cash, plus assumed pension liabilities. Huntsman anticipates net after-tax cash proceeds of approximately USD 540 million, pending customary post-closing adjustments.
• In February 2024, HUESKER Group, the Roseville-based textile manufacturer announced its plan to expand its market reach by establishing its subsidiary in South Africa. By registering a subsidiary and moving into warehouse and office premises, the company stated that it is consolidating its existing business in the region.

United States Textile Market Report Scope:

Key Questions Answered in This Report:

• How has the global United States textile market performed so far, and how will it perform in the coming years?
• What are the drivers, restraints, and opportunities in the global United States textile market?
• What is the impact of each driver, restraint, and opportunity on the global United States textile market?
• What are the key regional markets?
• Which countries represent the most attractive United States textile market?
• What is the breakup of the market based on the raw material?
• Which is the most attractive raw material in the United States textile market?
• What is the breakup of the market based on the product?
• Which is the most attractive product in the United States textile market?
• What is the breakup of the market based on the application?
• Which is the most attractive application in the United States textile market?
• What is the competitive structure of the market?
• Who are the key players/companies in the global United States textile market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States textile market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the United States textile market.
• Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States textile industry and its attractiveness.
• The competitive landscape allows stakeholders to understand their competitive environment and provides insight into the current positions of key players in the market.