The 10 Largest Textile Companies In The World - Zippia (2024)

Textiles are created by weaving, knitting, crocheting, braiding, tatting, or otherwise interlacing fibers to create a flexible material made up of a network of fibers, whether they’re natural or artificially produced. While we usually automatically think of clothing when we think of textiles, they can encompass a broader range of products as well.

We were curious to see which global textile industries had claimed the top spots after the unpredictable turmoil of the coronavirus pandemic that caused stores to close their doors and eCommerce to boom. Here’s our look at the top ten largest textile companies globally based on their market value as of January 2021.

  • TJX Companies. Framingham, MA, USA

    2022 Annual Revenue: $48.55 billion

    TJX is one of the top textile companies in the United States. The company comprises seven retail chains and four eCommerce sites, and it retails apparel and home fashions worldwide. TJX operates over 4,500 stores across nine countries on three continents.

    Businesses falling under TJX Companies include T.J. Maxx, Marshalls, Homegoods, Sierra, Homesense, and T.K. Maxx. The company was founded in 1977 when the first T.J. Maxx opened its doors.

    TJX Companies, Inc. was ranked 80 in the Fortune 500 company listings for 2020 and continues to be a global leader in the apparel and home fashion retail industry.

  • Toray Industries. Chuo City, Tokyo, Japan

    2022 Annual Revenue: $19.83 billion

    Toray Industries started by producing fibers and textiles in addition to plastics and chemicals. Since its founding, the company has diversified into other industries as well, including pharmaceuticals, biotechnology, medical products, water treatment membranes, electronics, IT products, and more.

    Toray’s operations are organized into the following segments: fibers and textiles, carbon fiber composite materials, functional chemicals, life science, environment and engineering, and “others,” giving it an extremely diverse portfolio across various industries.

    The company was established in 1926 and now operates in twenty-nine countries as of March 2020. Toray is one of the world’s largest carbon fiber producers and remains one of Japan’s largest producers of synthetic fiber.

  • V.F. Corporation. Denver, CO, USA

    2022 Annual Revenue: $11.84 billion

    Although V.F. Corporation saw a loss in market value during the pandemic, it’s still a serious contender in the textile industry. V.F. prides itself on having a diverse portfolio of iconic outdoor and activity-based lifestyle and workwear brands.

    Formerly known as Vanity Fair Mills, V.F. Corporation was founded in 1899, giving it a long and rich history of over 120+ years.

    V.F. has manufactured textiles in many different capacities, from silk lingerie in the early 1900s to becoming one of the largest jean makers in the world in the 1980s. V.F. has acquired familiar brands such as Wrangler, The North Face, Eagle Creek, and many others over the years.

    However, in 2018, V.F. announced that it would be splitting into two separate companies. V.F. would maintain the sports apparel and footwear businesses while Kontoor Brands would control the jeans and outlet stores. Today, V.F. has more than 30 brands organized into outdoor, active, and work categories.

  • Zalando SE. Berlin, Germany

    2022 Annual Revenue: $11.20 billion

    Zalando SE is a multinational eCommerce company that offers clothing, sports products, bags, footwear, and other accessories in seventeen countries. It’s considered one of Europe’s top textile companies.

    Zalando was founded in 2008 under the name Ifansho until the name changed. Originally, the company focused on footwear before adding apparel to its portfolio and branching off from there.

    Today, the company operates in seventeen countries and is focused on building infrastructure to sustain a growing digital market for fashion.

  • PVH Corporation. New York, NY, USA

    2022 Annual Revenue: $9.155 billion

    Formerly known as the Phillips-Van Heusen Corporation, PVH operates in over forty countries and focuses on producing high-quality fashion and lifestyle products. The company owns well-known brands including Van Heusen, Tommy Hilfiger, Calvin Klein, Geoffrey Beene, and others.

    PVH started in 1881 with the primary function of mending and selling shirts for Pennsylvania coal miners. The company evolved throughout its impressive history spanning 140 years, and today, despite a downtick in market revenue last year, it’s a global powerhouse in the fashion industry.

    PVH has nine brands and operates more than six thousand retail locations in over forty countries. It also manages more than two thousand factories.

  • Lululemon Athletica. Vancouver, Canada

    2022 Annual Revenue: $6.26 billion

    Lululemon Athletica is a Canadian textile company specializing in yoga and activewear and general sports apparel and accessories. It was founded in 1998 as a design studio by day and a yoga studio by night until it became a standalone store in 2000. The very first designs were made for women to wear for yoga.

    Lululemon currently focuses on yoga, running, cycling, training, and “most other sweaty pursuits” for women and men. It has also branched out to produce hair accessories, bags, yoga mats, water bottles, et cetera. The company also trademarked its original fabric, Luon, in 2005.

    Over the past two decades, Lululemon has made multiple appearances on Fortune’s fastest-growing companies list. In 2019, Lululemon announced an ambitious goal to double its men’s business over the next five years and directly compete with athleticwear giants like Nike.

  • Ralph Lauren Corporation. New York, NY, USA

    2022 Annual Revenue: $6.22 billion

    Ralph Lauren Corporation is a global leader in apparel, accessories, home, and fragrances. The company is known for producing high-end luxury products with brand names like Polo that are widely recognized worldwide.

    The company started its early beginnings in 1967 when twenty-eight-year-old Ralph Lauren launched a new necktie line under the label Polo. He started his business by selling his designs out of a drawer in the Empire State Building. Throughout the decades, Ralph Lauren remained true to his original vision as he expanded into other niches, including women’s clothing and houseware.

    Ralph Lauren became an American cultural icon, and even though he stepped down from his CEO position in 2015, his brand continues to be a fierce contender on the global stage.

  • Under Armour. Baltimore, MD, USA

    2022 Annual Revenue: $5.80 billion

    Under Armour is a well-known brand in the US activewear industry. The company produces footwear, sportswear, sports equipment, and toiletries.

    Under Armour was founded in 1996 by Kevin Plank, the former special teams captain for the University of Maryland football team. Plank’s goal was to create a new synthetic fabric that would wick moisture away instead of soaking it into standard T-shirts worn under jerseys. The brand started in his grandmother’s basem*nt.

    Under Armour hit its first big break in 1999 when Warner Brothers contacted the company to outfit two of its feature films — Any Given Sunday and The Replacements. Under Armour continued to grow from there as it struck contracts with major sports teams, companies, and athletes over the next couple of decades.

  • Prada. Milan, Italy

    2022 Annual Revenue: $4.4 billion

    Prada is a well-known, high-end brand name. The company produces luxury products such as leather handbags, perfumes, shoes, cosmetics, eyewear, watches, and other fashion products.

    It was founded in 1913 by Mario Prada. Six years later, Prada received the prestigious distinction of being awarded the title of Official Supplier of the Italian Royal House, which allowed the company to display the House of Savoy coat of arms in its trademark logo.

    Since then, Prada has established itself as one of the most iconic fashion brands in history, and it remains one of the world’s largest textile companies today.

  • Shenzhou International Group Holdings. Ningbo, Zhejiang, China

    2022 Annual Revenue: $3.30 billion

    Shenzhou International Group Holdings is a clothing manufacturer based in China. The company claims that it is the “largest vertically integrated knitwear manufacturer in China.”

    It manages the production, dyeing, finishing, printing, embroidering, cutting, and sewing of knitwear and other fabric-related materials in addition to providing packing and logistic services.

    Shenzhou International Group Holdings was founded in 2005 in Hong Kong. The company’s product categories are primarily sportswear, casual clothing, and lingerie. Its main products include jackets, vests, trousers, pants, T-shirts, tops, dresses, and lingerie.

  • What is the biggest textile company in the world?

    The biggest textile company in the world is TJX Companies. With a revenue of $48.55 billion, TJX is the largest textile company in the world. The second largest textile company in the world is Toray Industries, with a revenue of $19.3 billion.

  • How big is the global textile industry?

    The global textile industry has a market size of $993.6 billion. The global textile industry plays a sizeable role in the world economy. With a CAGR of 4.0% through 2030, you can be sure that the global textile industry will continue to make an impact.

  • The 10 Largest Textile Companies In The World - Zippia (2024)

    FAQs

    The 10 Largest Textile Companies In The World - Zippia? ›

    Exports In 2021 the top exporters of Textiles were China ($286B), Bangladesh ($46.2B), Vietnam ($43.7B), India ($41.4B), and Germany ($40.4B). Imports In 2021 the top importers of Textiles were United States ($135B), Germany ($66.7B), Japan ($33.7B), France ($33B), and United Kingdom ($31.3B).

    Which 5 countries have the largest textile industry? ›

    Exports In 2021 the top exporters of Textiles were China ($286B), Bangladesh ($46.2B), Vietnam ($43.7B), India ($41.4B), and Germany ($40.4B). Imports In 2021 the top importers of Textiles were United States ($135B), Germany ($66.7B), Japan ($33.7B), France ($33B), and United Kingdom ($31.3B).

    Where is the biggest textile industry in the world? ›

    The textile industry of China is the largest manufacturer and exporter in the world with an export turnover of $266.41 Bn.

    Who dominates the textile industry? ›

    China is the world's leading producer and exporter of both raw textiles and garments.

    What is the king of textiles? ›

    Cotton: King of Textiles.

    How big is the US textile industry? ›

    The U.S. textile and apparel industry is one of the most significant sectors of the manufacturing industry with 286,300 jobs as of September 2020, and the United States ranks among the top markets in the world by export value at $23 billion in 2019, and the market for garments in the United States was $311 billion in ...

    Where is the textile capital of the world? ›

    The textile industry was the dominant industry in South Carolina for many years, but it became so successful that Greenville was even known as the "Textile Capital of the World." Greenville became so well known, that people from all over the world would travel to this area to learn about new technology and new ...

    Which is the textile capital of the world? ›

    As a result, Manchester went on to be the textile capital of the world for a long time.

    Which country has best textile quality? ›

    Countries That Produce the Best Fabrics/Garments
    • Portuguese Republic. Insider Monkey's Score: 2. ...
    • Kingdom of Morocco. Insider Monkey's Score: 2. ...
    • Kingdom of Spain. Insider Monkey's Score: 2. ...
    • Federal Republic of Germany. Insider Monkey's Score: 2. ...
    • People's Republic of Bangladesh. ...
    • Republic of Poland. ...
    • United States of America.
    Feb 8, 2023

    Which is the world best textile brand? ›

    PVH corporation - Phillips - VanHuesen corporation is a multinational lifestyle clothes-producing industry. Serval brands like Tommy Hilfiger, Calvin Klein, Geoffrey Beene and many more fall under PVH corporation which makes it a large textile company in the world with a market value of $6.68 billion in 2021.

    Which is the largest textile city in the world? ›

    China textile city is not a company. It is a physical shopping market and a city. Founded in 1988, located in Keqiao, Shaoxing City, Zhejiang Province, China.

    Who is the largest textile export in the world? ›

    China is currently the world's largest textile producer and exporter of both raw textiles and garments, accounting for over half of the global textile output every year.

    What country buys the most clothes? ›

    Which countries consume the most? Number of apparel units purchased per country in 2017: China (40 billion units), the US (17 billion), India (6 billion), Japan (3.3 billion), Brazil (2.3 billion), Germany (2.2 billion), UK (2.1 billion), Russia (2 billion), France (1.5 billion) and Italy (1.3 billion).

    Who brought the textile industry to America? ›

    The First American Cotton Mill Began Operation. Samuel Slater built that first American mill in Pawtucket based on designs of English inventor Richard Arkwright. Though it was against British law to leave the country if you were a textile worker, Slater fled anyway in order to seek his fortune in America.

    Who produces the most textile waste? ›

    China has the largest textile industry in the world, and over 20 million tons of textile waste gets thrown away every year.

    Who is known as queen of textile? ›

    The correct option is D Silk. Pure silk is one of the finest natural fibres and is said to be the “queen of fibres”. Silkworm secretes the silk fibre. The best-known type of silk is obtained from the cocoon of larvae of mulberry silkworm.

    Who is the queen of textiles? ›

    Silk is called the Queen of Textiles. It has always been the choice of fabric of Royalty and Nobility.

    Which fabric is known as queen of textiles? ›

    Silk is known as the Queen of all textile fibresbecause of its sheen and luster. It is one of the most beautiful and preciousfibres given to us by nature and has been very much overshadowed over the pastfew decades by the other natural fibres and more particularly by synthetics.

    Are any textiles made in USA? ›

    As one of the few remaining American textile mills, all Brahms Mount designs originate at our headquarters in Maine, and every textile is woven on our looms by local artisans, just as we've done since the company was founded in 1983.

    Where does the US get its textiles? ›

    China is the United States' largest supplier of textiles and apparel, accounting for 37.0 percent of total U.S. imports. Imports of textiles and apparel from China totaled $45.0 billion in 2017 (down 0.4 percent over 2016), with apparel accounting for over two-thirds of the total.

    What state is known for textiles? ›

    North Carolina exports roughly $1.4 billion in textile goods globally each year, leading the nation with nearly 20% of all U.S. textile exports. Home to the largest textile mill industry in the U.S., the state employs more than 39,000 people.

    Which city is known as city of textile? ›

    Note: Surat and Ahmedabad are considered as the textile city of India. Surat is considered as the market of the synthetic product. Ahmedabad is often referred to as the Manchester of India.

    Which state has most textile industry? ›

    Maharashtra has about 122 cotton textile mills in its organised sector and it thus is the largest cotton producing state of India.

    Which country is the pioneer of textile? ›

    The British textile industry drove the Industrial revolution, triggering advancements in technology, stimulating the coal and iron industries, boosting raw material imports, and improving transportation, which made Britain the global leader of industrialization, trade, and scientific innovation.

    What country has the most textile mills? ›

    China is known for its large-scale textile manufacturing industry, and the country produces a wide range of fabrics using different materials and production methods.

    Which is the second largest textile city? ›

    Ahmedabad is the second-largest textile city in India after Mumbai.

    Which country consumes the most textiles? ›

    China is both a top exporter and importer of textiles. The international textile industry is one of the few sectors that impact almost everyone on earth.

    What is the cheapest textile in the world? ›

    The cheapest type of fabric is Polyester due to its massive production per year.

    Which country has the best cotton clothes? ›

    1. China. Cotton is produced most extensively in China. ...
    2. India. The second largest cotton grower in the world is India. ...
    3. United States. The United States produces a significant amount of cotton, especially in the state like Texas California, and Georgia. ...
    4. Brazil. ...
    5. Pakistan. ...
    6. Uzbekistan. ...
    7. Turkey. ...
    8. Australia.
    May 21, 2023

    Where are most of our clothes made? ›

    China is the world's top garment manufacturing country. It is estimated that around 60% of all clothing manufactured in the world is made in China, followed by India and Turkey.

    Which is the oldest textile company? ›

    Bombay Spinning and Weaving Company was the first cotton mill to be established in Bombay, India, on 7 July 1854 at Tardeo by Cowaszee Nanabhoy Davar (1815–73) and his associates.

    What is the strongest textile in the world? ›

    Spectra fiber is considered one of the strongest fibers in the textile world. Interestingly, it also happens to be the lightest. It is considered fifteen times stronger than steel and happens to be more durable than other fabrics like polyester.

    Who is the largest integrated manufacturer of fabric in the world? ›

    Raymond is the largest integrated textile company in the world and exports its suits to more than 60+ countries including the USA, Canada, Europe, Japan and the Middle East.

    What are the largest textile dyeing companies? ›

    Major players in the textile dyes market are Archroma, Atul Ltd., Colorant Limited, Vipul organics Ltd., Zhejiang Runtu Co Ltd., DyStar Singapore Pte Ltd., LANXESS, Organic Dyes and Pigments, Kiri Industries, Huntsman International LLC, Colourtex, DEV COLOURS, and SA Robama.

    What is the worlds biggest textile fair? ›

    Take Your Place in the Great Meeting of the Industry. The world's largest home textile meeting, HOMETEX, will be held at Istanbul Expo Center on May 21-25, 2024.

    Who is the 2nd largest exporter of textile? ›

    Bangladesh has an export value of $38.73 billion as calculated in 2020. Interestingly, the country is the 2nd largest textile exporter of western fast fashion brands and excels in bulk order. The vertical capacities of Bangladesh help global brands to maintain more coordination and transparency in their supply chain.

    Who is the top import of textiles? ›

    US' imports of textiles and apparel have continued to grow in value terms and rose by 16.03 per cent to $132.201 billion in 2022, compared to $113.938 billion in 2021. With a 25.65 per cent share, China continues to be the largest supplier of textiles and clothing to the US, followed by Vietnam with 14.87 per cent.

    Which country is export No 1? ›

    World's 10 Largest Exporters

    China leads the list of the world's largest exporter.

    What race spends the most money on clothes? ›

    Blacks and Hispanics spend up to 30% more than whites of comparable income on visible goods like clothing, cars and jewelry, the researchers found. This meant that, compared to white households of similar income, the typical black and Hispanic household spent $2,300 more per year on visible items.

    Who sells the most clothing in the US? ›

    • The largest clothing company in the U.S. is TJX Companies, with an annual revenue of $48.55 billion.
    • The largest clothing company in the world is LVMH, with a market cap of $479.09 billion.
    • As of 2022, the global apparel industry has a market size of $1.53 trillion U.S. dollars.
    Apr 16, 2023

    Which country sells the cheapest clothes in the world? ›

    Mexico. Mexico is America's manufacturing hub and one of the world's most amazing, and cheapest, shopping destinations. Mexico is a great place to find cheap designer goods from designer labels that manufacture locally. Find these brands at cheap, wholesale prices.

    What is the oldest American textile company? ›

    In 1813, the Boston Manufacturing Company was formed as the first integrated textile factory, which performed every function necessary to turn raw cotton into finished cloth. Determined to avoid the harsh conditions in British manufacturing, the Boston Manufacturing Company hired young, unmarried women.

    What happened to the US textile industry? ›

    Background on Textile Industry Exodus

    From 1994 to 2005, the United States lost more than 900,000 textile and apparel jobs to offshoring. Since the 1960s, low wages and new industrial production capacity in countries such as China, India, and Brazil made textile production in the United States a losing proposition.

    What happened to the American textile industry? ›

    In the 1960s, American textile companies produced 95% of bedding and clothing in the United States. But the American textile industry began to slow down in the late 1990s. Roughly 650 textile plants closed between 1997 and 2009, and North Carolina only had 1.1% of jobs in the textile industry in 2013.

    Who wastes the most clothes? ›

    China produces the most textile waste of any country, with over 20 million tons annually. It also has the world's largest textile industry, although much of its clothing production is exported.

    Who is the largest producer of cotton and textiles? ›

    The earliest production of cotton was around 5,000 B.C. in India, and today, around 25 million tons of cotton are produced each year. Currently, five countries make up around 75% of global cotton production, with China being the world's biggest producer.

    What clothing Fibre uses the most water? ›

    Most clothing is made from cotton. It is used in 60% of all U.S produced retail apparel and home furnishings [5], so we need to produce a lot of it! Cotton requires the most water out of any other crop and needs a staggering 7,000-29,000 liters of water to produce just one kilogram of raw cotton [6].

    Which state is famous for textile industry in USA? ›

    North Carolina exports roughly $1.4 billion in textile goods globally each year, leading the nation with nearly 20% of all U.S. textile exports. Home to the largest textile mill industry in the U.S., the state employs more than 39,000 people.

    Which country is the textile capital of the world? ›

    India: The Textile Capital of the World | DecoratorsBest.

    Where are most textiles manufactured in the US? ›

    Texas (1,775 businesses), California (1,284 businesses) and North Carolina (985 businesses) are the States with the most number of Textile Mills businesses in the US.

    Which country is best for textile industry? ›

    China is literally at the top of the textile supply chain. It is the number one exporter of textiles in the world. A huge percentage of apparel and accessories are exported from China to numerous countries across the globe.

    What are the largest U.S. textile mills? ›

    Largest U.S. Textile Mills
    Top CompaniesCityNumber of Employees
    Mohawk Industries, Inc., Aladdin Div.Dalton3,255
    Maples Industries, Inc.Scottsboro2,350
    Hanesbrands, Inc.Winston-Salem1,800
    Mohawk Industries, Inc.Calhoun1,600
    6 more rows
    Aug 8, 2022

    What state produces the most textiles? ›

    Among the U.S. States, Texas is the largest producer, contributing approximately 40 percent of U.S. cotton production in recent years. Other top cotton producers include Georgia, Mississippi, and Arkansas.

    What is the top textile market in the world? ›

    The United States is the leading producer and exporter of raw cotton, while also being the top importer of raw textiles and garments. India is another one of the world's largest textile producing countries and largest textile exporters. It holds an export value of more than US$30 billion a year.

    What textile is the most popular in the United States? ›

    Cotton is one of the most important textile fibers in the world, averaging about 25 percent of total world fiber use. The United States is the world's third-largest cotton producer and the leading cotton exporter, accounting for one-third of global trade in raw cotton.

    What is the most used fabric in USA? ›

    Cotton fabric

    Cottons are spun into yarn that is then woven to create a soft, absorbent and durable fabric that is used in areas such as casual wear, bed linen, upholstery and home textiles.

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