Thailand Textile Market Size By Application, By Material Type, By Process And Forecast

Thailand Textile Market Size And Forecast

Thailand Textile Market size was valued at USD 8556.03 Billion in 2024 and is projected to reach USD 11836.22 Billion by 2031, growing at a CAGR of 4.14 % from 2024 to 2031.

Transportation, construction, mission plans by the government, export of high-quality textile and garments are major factors fueling up the growth of the Thailand Textile Market. The Thailand report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Thailand Textile Market Definition

A textile is a flexible material made up of fibers or threads which are natural or manufactured or hybrid. Textile fibers and threads undergo spinning and then made into fabric by weaving, knitting, bonding, or braiding yarns. The history of textile dates back to 34000 BCE, discovered dyed flax fibers in a cave in Georgia. Thailand produces textiles as a combination of petrochemical and agricultural products; the combination of these products supplies the synthetic and natural fibers for manufacturing textiles for fabrics and apparel. Thailand employs over a million people in the textile industry.

Additionally, Thailand is also known for its innovation in textile materials such as anti-dust mite, solar-powered wearables, coconut, and charcoal antibacterial fabric. The textile can be made from different materials, mainly two sources of materials arenatural and synthetic or man-made. Natural materials can be obtained from animals, plants, and minerals. These textiles can be used as a finished product to be used as apparel, in households as well as industrial applications.

Thailand Textile Market Overview

Rising transportation and construction are the major driving factor of the market for textiles in Thailand. Transportation and construction sector demand for non-woven textile for automotive upholstery, airbags, insulations, airline disposables, tires, Hoardings, Architectural use, roofing materials, etc. Thai government has supported the textile industry by implementing strong plans and policies towards this by providing vocational training and offering credits to a small startup. Advancement in technology into a textile industry such as finishing, printing, weaving, knitting, and dyeing has driven the growth of the market and made Thailand greatest a major exporter and producer of textile.

Okay, so the old-school way we make textiles? It's not exactly eco-friendly. In fact, one study claims the textile industry is responsible for a whopping 20% of the gunk polluting our rivers and lands! And here's another thingsuper cheap labor in places like India, China, Vietnam, Indonesia, and Pakistan could really put the squeeze on Thailand's textile industry. It's all about cost, right? It's tough to compete when production costs are so high compared to countries with that cheap labor. Plus, Thailand's textile and apparel industry struggles with a lack of people actually buying stuff at home, mostly because folks just don't have a lot of spending money. To top it off, they're also short on raw materials for making clothes, which makes it even harder for the whole industry to grow in Thailand.

Thailand's textile and apparel folks have a real shot at jumping into the future with hi-tech clothing! Think about itadvancements, like developing solar-powered wearables right here in Thailand, open up huge possibilities as the world uses more and more energy. We could be generating power straight from the sun with these photovoltaic sources. Imagine solar-powered camping tents - that's a big opportunity for the Thailand Textile Market. And hey, it's not just about the sun! What if we could turn body heat into energy to charge our phones? Plus, with COVID-19, the rise of anti-dust mite fabric in Thailand is a game-changer. Using it for face masks? That's a great way to boost health and hygiene, and it means even more growth for the Thailand Textile Market!

Thailand Textile MarketSegmentation Analysis

The Thailand Textile Market is segmented on the basis of Application, Material Type, and Process.

Thailand Textile Market, By Application

• Apparel• Household• Industrial

Based on Application, the market is segmented into Apparel, Household, and Industrial. The apparel segment forms the largest share of the market for textile in Thailand; however, the Industrial sector forms be the fastest-growing segment. In addition to clothing, textile products are highly used for automotive upholstery, medical use, protective use, fireproof insulation, and conveyor belt. These uses of textiles increase the demand for textiles in the industrial sector.

Thailand Textile Market, By Material Type

• Cotton• Jute• Silk• Synthetics• Wool• Others

Based on Material Type, the market is segmented into Cotton, Jute, Silk, Synthetics, Wool, and Others. Silk forms the largest share of the market. Thailand is known for its silk, though silk is mainly used for apparel there are many non-apparels uses for silk such as carpet, sewing thread, typewriter ribbons, and table sheets. Apart from silk, Cotton is a highly used material in textile due to the excellent comfort and breathability of the fabric. Cotton is one of the commonly used fibers in Thai weaving, pushing the demand for cotton in the Thailand Textile Market.

Thailand Textile Market, By Process

• Woven• Non-woven

Based on Process, the market is segmented into Woven and Non-woven. The non-woven textile process is highly growing because of demand for non-woven products is rising such as hygiene and medical product, construction, tea bags, face mask, filtration. Growing demand for non-woven textiles across the industrial sector mainly due to their excellent durability is boosting the segment growth.

Key Players

The report has profiled some leading companies in the segment of “Thailand Textile Market”. It provides competitive insights into the performance of the mentioned companies. The Thailand Textile Market key players are Thai Textile Industry Public Company Ltd., Thai Toray Textile Mills Public Company Ltd., Textile Prestige Public Company Ltd., Thanulux Public Company Ltd., Luckytex Public company Ltd., MC Group Public Company Ltd., People’s Garment public Company Ltd., Union Textile Industries Public Company Ltd., T.U.W. Textile Company Ltd., and Nan Yang Textile Group.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

Report Scope

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

We dig into the market using both qualitative and quantitative methods, breaking it down by economic stuff and, well, everything else. We'll give you the market value in USD Billion for each segment, big and small. You'll find out which region and segment are predicted to grow the fastest and be the biggest. Plus, we'll analyze each region, looking at how much of the product/service they use and what's influencing their market. Expect a competitive landscape view, including rankings of the major players and what they've been up to lately – new stuff, partnerships, expansions, and acquisitions in the last five years. Extensive company profiles are included, with overviews, insights, product comparisons, and SWOT analysis for the big names. We'll cover the current and future market, considering recent happenings, opportunities, growth drivers, and the hurdles in both emerging and developed areas. Expect a deep dive using Porter's five forces to understand the market's dynamics. We'll also give you a Value Chain view. Finally, we'll discuss the market dynamics and growth opportunities in the coming years and include 6-month post-sales analyst support.

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.