01 February 2023, Mumbai
The global textile colorant market is expected to grow at a CAGR of 5.4% from 2022 to 2032, reaching a valuation of US$ 11,590.4 Mn by 2032.
As per a reliable trade report from Future Market Insights, the category is expected to achieve a CAGR of 5.4% during the forecasted period of the year 2022-32.
The growth is driven by the increasing demand for fashion textiles and home decor and the rise in disposable income worldwide.
Context setting; The market is highly unorganized, and fragmented and has a very diverse broad base of several leading players with product value offerings in excess of say 10,000 variants of textile colorants.
East Asia is expected to be the dominant region for textile colorant production and consumption and accounts for around 48% of global textile production.
The demand for textile colorants is expected to account for 9-11% of the global colorants consumption. The growth in the market is a result of the recovery from the pandemic crisis and growth in the textile industry.
Author’s Posts
-
India’s Apparel Exports: Big Potential, Low Share
Despite having the world’s second-largest vertically integrated textile industry, India’s share...May 05, 2025
CITI: India must engage U.S. on tariffs
"Bridging the Information Gap in the Textile and Fashion Industry."
Building Trust in AI: A Global Imperative
At the "Enabling...
Apr 01, 2025
Innovation Essential to Outpace Counterfeiters: Nicolas Koutros
At the TAF 2025 show, Salil Chawla, Director of DFU Publ...
Mar 18, 2025
Reid & Taylor Set for a Bold Comeback in India Under Subrata Siddhanta's Leadership
Latest Publications
