The global textile market is expected to post a CAGR of more than six percent during the period 2019–2023, according to the latest market research report by Technavio. The increasing consumption of natural fibers such as cotton, silk, wool, hemp, cashmere and jute will drive the global textile market during the forecast period. The abundance of natural fibers, especially cotton in China, India and the U.S., contributes to the growth of the global textile market.
Natural fibers drive growth
Industry News | February 12, 2020 | By: ATA
You might also like...
2024 Techtextil and Texprocess Innovation Award winners announced
FabricLink Network announces development of The Textile Gateway
DITF and VRETENA win Cellulose Fiber Innovation of the Year 2024 Award
New DHS textile enforcement plan cracks down on illicit trade
NCTO praises DHS textile, apparel enforcement plan
Fashion for Good welcomes 10 companies to 2024 Innovation Program