Textile Market – Opportunities & Forecast, 2020-2027 - Gurgaon

Monday, 21 September, 2020

Item details

City: Gurgaon, Haryana
Offer type: Offer

Contacts

Contact name Sarah Nash

Item description

The global textile market is witnessing strong growth in the upcoming years due to the rising demand for apparel, specifically in emerging countries. In recent times, the growing demand for natural fibers such as cotton products, wool, silk, and jute will be a major factor boosting the growth of the textile market size. An increase in the disposable income level of the people leads to support their spending capabilities for choosing branded clothing’s in the retail outlets, supermarkets, etc. As per the textile market analysis, the increasing trend of the online store has raised the reach towards the branded products, which in turn, supports the growth of the textile industry. However, the high cost associated with the raw material and toxic waste from the production facility act as the major restraining factors for the growth of the textile market.

Visit: httpswww.gmiresearch.com/report/global-textile-market/