Textile Industry

Overview of the Global Textile Industry

The global textile industry impacts nearly every human being on the planet. The industry is currently worth nearly US $3 trillion and includes the production, refinement, and sale of both synthetic and natural fibers used in thousands of industries. The global textile market is broken into a number of sectors shown in the chart below.

As you can see, the textile industry encompasses a broad and diverse range of products with an even wider range of applications. That diversity is one of many factors that makes the textile industry one of the most vital to the economic well-being of people all over the world.