The production value of textile fibers was estimated at 193 billion euros in 2020 and is forecast to reach some 244 billion euros in 2030, an increase of roughly 20 percent. Recycled polyester was forecast to reach a production value of 11 billion euros by 2030.
Production value of textile fibers worldwide in 2020 with a forecast for 2030, by type
(in billion euros)
Characteristic
Recycled polyester
MMFC*
Other natural fibers
Cotton
Other Synthetics
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Estimations based on 2019 fiber prices. Sources include Textile Exchange, International Trade Centre, Emerging textiles database, and Coherent Market Insights.
The source does not specify the publication date. The release date given is the date of access.
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Spinnova. (May 19, 2022). Production value of textile fibers worldwide in 2020 with a forecast for 2030, by type (in billion euros) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1308228/global-textile-fiber-production-value-by-type/
Spinnova. "Production value of textile fibers worldwide in 2020 with a forecast for 2030, by type (in billion euros)." Chart. May 19, 2022. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1308228/global-textile-fiber-production-value-by-type/
Spinnova. (2022). Production value of textile fibers worldwide in 2020 with a forecast for 2030, by type (in billion euros). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1308228/global-textile-fiber-production-value-by-type/
Spinnova. "Production Value of Textile Fibers Worldwide in 2020 with a Forecast for 2030, by Type (in Billion Euros)." Statista, Statista Inc., 19 May 2022, https://www.statista.com/statistics/1308228/global-textile-fiber-production-value-by-type/
Spinnova, Production value of textile fibers worldwide in 2020 with a forecast for 2030, by type (in billion euros) Statista, https://www.statista.com/statistics/1308228/global-textile-fiber-production-value-by-type/ (last visited August 24, 2024)
Production value of textile fibers worldwide in 2020 with a forecast for 2030, by type (in billion euros) [Graph], Spinnova, May 19, 2022. [Online]. Available: https://www.statista.com/statistics/1308228/global-textile-fiber-production-value-by-type/