NEW YORK, Feb. 7, 2017 /PRNewswire/ -- The textile industry comprises establishments that manufacture fiber, yarn, threads, carpets, rugs, linens and other textile products. This industry also comprise establishments engaged in processing fiber, yarn and fabric to produce finished products.
Asia was the largest region in the textiles manufacturing market in 2016, accounting for $71% market share. This is largely due to the presence of many fabrics, apparels manufacturing and home furnishings facilities in the region. The Americas was the second largest region accounting for 12% market share. Europe was the third largest region accounting for 11% market share.