- Manufacturers
The 10 Largest Textile Companies In The World (2026 Update)
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The largest textile company in the world is TJX Companies, with a revenue of $48.55 billion.
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As of 2023, the global textile industry has a market size of $993.6 billion.
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Americans generate 16 million tons of textile waste per year.
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The global textile market is projected to grow at a CAGR of 4.0% through 2030.
Textiles are created by weaving, knitting, crocheting, braiding, or interlacing fibers to produce flexible materials, which can be made from both natural and synthetic sources. While clothing is often the first product that comes to mind, textiles encompass a wide array of goods, including home furnishings and industrial materials.
As we assess the largest textile companies in 2026, we take into account the industry’s recovery and evolution post-pandemic, with a significant shift towards eCommerce and sustainability. Here’s an updated look at the top ten largest textile companies globally based on their market value as of January 2023.
Largest Textile Companies in the World
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TJX Companies. Framingham, MA, USA
2023 Annual Revenue: $48.55 billion
TJX is a leader in the textile industry, encompassing seven retail chains and four eCommerce platforms that offer apparel and home fashions worldwide. The company operates over 4,500 stores across nine countries on three continents.
Brands under the TJX umbrella include T.J. Maxx, Marshalls, HomeGoods, Sierra, Homesense, and T.K. Maxx. Established in 1977 with the opening of the first T.J. Maxx, TJX continues to be a global leader in retail.
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Toray Industries. Chuo City, Tokyo, Japan
2023 Annual Revenue: $19.83 billion
Toray Industries began with a focus on fibers and textiles, but has diversified into various sectors including pharmaceuticals, biotechnology, and electronics. The company operates across multiple segments, such as carbon fiber composites and life sciences, showcasing its broad portfolio as of 2023.
Founded in 1926, Toray is now a leading producer of carbon fiber and remains one of Japan’s largest synthetic fiber manufacturers.
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V.F. Corporation. Denver, CO, USA
2023 Annual Revenue: $11.84 billion
V.F. Corporation is known for its diverse portfolio of lifestyle and outdoor brands. Although it faced challenges during the pandemic, it has rebounded and continues to be a significant player in the textile industry.
Founded in 1899 as Vanity Fair Mills, V.F. has a rich history and has acquired renowned brands such as Wrangler and The North Face. In 2018, it split into two entities to focus on sports apparel and jeans, with V.F. retaining the former.
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Zalando SE. Berlin, Germany
2023 Annual Revenue: $11.20 billion
Zalando SE is a leading eCommerce platform in Europe, offering a wide range of clothing, footwear, and accessories across seventeen countries. Founded in 2008, the company has evolved from its footwear roots to become a comprehensive fashion retailer.
With a focus on enhancing digital infrastructure, Zalando is well-positioned to capitalize on the growing online fashion market.
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PVH Corporation. New York, NY, USA
2023 Annual Revenue: $9.155 billion
PVH, formerly Phillips-Van Heusen, is a global leader in fashion and lifestyle products, managing iconic brands such as Calvin Klein and Tommy Hilfiger. Established in 1881, PVH has adapted to market changes and continues to thrive with over 6,000 retail locations worldwide.
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Lululemon Athletica. Vancouver, Canada
2023 Annual Revenue: $6.26 billion
Lululemon specializes in yoga and activewear, initially founded as a design studio in 1998. With a commitment to innovation, the brand has expanded its offerings significantly and aims to double its men’s business in the coming years.
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Ralph Lauren Corporation. New York, NY, USA
2023 Annual Revenue: $6.22 billion
Ralph Lauren is a prominent name in luxury apparel and accessories, having started with neckties in 1967. The brand has expanded into various categories while maintaining its high-end image and cultural significance.
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Under Armour. Baltimore, MD, USA
2023 Annual Revenue: $5.80 billion
Founded in 1996, Under Armour has established itself as a leader in activewear, innovating with moisture-wicking fabrics. It continues to grow through partnerships with sports teams and athletes.
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Prada. Milan, Italy
2023 Annual Revenue: $4.4 billion
Prada, known for luxury goods, has maintained its prestigious reputation since its 1913 founding. The brand continues to be influential in the fashion industry, producing a range of high-end products.
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Shenzhou International Group Holdings. Ningbo, Zhejiang, China
2023 Annual Revenue: $3.30 billion
Shenzhou International is recognized as a leading vertically integrated knitwear manufacturer in China. Established in 2005, it manages the entire production process, focusing on casual clothing and sportswear.
Textile Industry FAQ
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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 leads the industry. Following closely is Toray Industries, with a revenue of $19.83 billion.
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How big is the global textile industry?
The global textile industry has a market size of $993.6 billion. With a projected CAGR of 4.0% through 2030, the textile industry is set to continue its significant impact on the global economy.
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Author
Chris Kolmar is a co-founder of Zippia and the editor-in-chief of the Zippia career advice blog. He has hired over 50 people in his career, been hired five times, and wants to help you land your next job. His research has been featured on the New York Times, Thrillist, VOX, The Atlantic, and a host of local news. More recently, he's been quoted on USA Today, BusinessInsider, and CNBC.
