Textile Staples Market Size is to reach US$ 2,75,489.9 Mn by 2032
The global textile staples market is expected to witness lucrative growth opportunities over the projection period from 2022 to 2032 with sales projected to surge at a CAGR of 5.5% . The global market is valued at US$ 1,61,280.2 Mn in 2022 and is anticipated to reach US$ 2,75,489.9 Mn by 2032 . The growth in the market is attributed to the widespread consumption of textile staples in several end-use industries such as apparel, general and leisure, sportswear, interior flooring, and others is expected to push the sales during the forecast period. According to Future Market Insights, historical analysis of the global textile staples market surged at a pace of 5.0% CAGR from 2012 to 2021. According to the present estimations, the global market is poised to expand at a 5.5% CAGR between 2022 and 2032. A staple fiber plays a vital role in fabric and garment manufacturing. Changing fabric preferences, especially among millennials, is expected to boost the textile industry, driving