The value of global textile mills market in 2016 was up 3.5 per cent from a year earlier. The compound annual growth rate (CAGR) of the market was 2.7 per cent between 2012 and 2015. Asia-Pacific region accounts for 59.6 per cent of the global textile mills market value. Europe and the United States account for a further 19.1 per cent and 10.8 per cent of the market respectively. The CAGR of the market between 2016 and 2021 is forecast to be 5.1 per cent.

Value of global apparel manufacturing market in 2016 was up 3.3 per cent from a year earlier. The Asia-Pacific region accounts for 61 per cent of market value in 2016 and Europe accounts for a further 15.2 per cent of the market. The CAGR of global apparel manufacturing market during the period of 2016 to 2021 is forecast to be 4.8 per cent.

Apparel manufacturing market covers all clothing except leather, footwear and knitted items as well as other technical, household, and made-up products. The market size is estimated based on the value of domestic production plus imports minus exports, all valued at manufacturer prices.