Top 10 textile companies in the world based on market value, global presence, and innovation:
- TJX Companies (USA): Known for its retail chains T.J. Maxx, Marshalls, and HomeGoods, it had a 2022 annual revenue of $48.55 billion.
- Inditex (Spain): Famous for brands like Zara and Massimo Dutti, Inditex has a highly efficient supply chain and a global presence of over 7,000 stores.
- Toray Industries (Japan): A leader in fibers and textiles, as well as various other high-tech industries like carbon fiber and life sciences.
- Vardhman Textiles (India): One of the biggest integrated textile companies in India, known for its high-quality cotton yarns and eco-friendly production processes.
- Shenzhou International Group Holdings (China): A major supplier for brands like Nike, Adidas, and Uniqlo, specializing in sportswear.
- V.F. Corporation (USA): With brands like The North Face and Timberland, it had a 2022 revenue of $11.84 billion.
- Lojas Renner S.A (Brazil): A prominent fashion retailer with a strong presence in South America.
- Far Eastern New Century Corporation (Taiwan): Known for its diversified range of textile products and innovations in sustainable fabrics.
- Reliance Industries (India): Its textile division is a significant player, particularly in polyester production.
- Hanesbrands Inc. (USA): Known for its innerwear and activewear brands, including Hanes, Champion, and Playtex.
These companies are recognized globally for their innovations and contributions to the textile industry, managing to stay competitive and influential in the market.
Read More: Top 10 Textile Producer Countries
