Size of the global textile industry
The global textile industry size is huge, more than US$ 1850 billion and is growing every year, as per the various research data available on the internet. Approximately 20 million to 60 million people are employed in the textile industry worldwide, accounting for around 2% of the global gross domestic product (GDP). You can read in my articles for more information about the top textile companies and the global textile industry. This article is emphasizing on the global stock market exchanges, textile companies listed in global stock market exchanges and top companies amongst them.
Stock Exchanges worldwide
There are 60 major stock exchanges in the world, some of the largest are New York Stock Exchange (NYSE) – one of the world’s largest exchanges by market capitalization, Nasdaq, Hong Kong Stock Exchange, London Stock Exchange, Euronext Stock Exchange, Shenzhen Stock Exchange, Toronto Stock Exchange, Frankfurt Stock Exchange and Shanghai Stock Exchange. There are approximately 58000 companies listed in stock exchanges globally, 55% in APAC, 25% in EMEA and 20% in Americas. in India, approximately 200 companies are listed in stock market exchanges i.e. NSE and BSE.
Top stock exchange listed companies globally
There is no list available of all the textile companies listed in stock exchanges globally, but few random lists are available herewith just for reference.
Top 25 largest clothing companies by market cap:
Name | Market Cap | Country |
| LVMH | $367.29 B | France |
| Hermes | $249.47 B | France |
| Inditex | $180.86 B | Spain |
| Nike | $133.57 B | USA |
| TJX Companies | $131.74 B | USA |
| Dior | $124.15 B | France |
| Fast Retailing | $104.87 B | Japan |
| Cintas | $82.21 B | USA |
| Ross Stores | $49.48 B | USA |
| Adidas | $46.06 B | Germany |
| Kering | $33.89 B | France |
| Lululemon Athletica | $32.63 B | Canada |
| H&M | $26.70 B | Sweden |
| Prada | $19.69 B | Italy |
| Moncler | $16.51 B | Italy |
| Burlington Stores | $16.50 B | USA |
| Next plc | $15.48 B | UK |
| Ralph Lauren | $11.94 B | USA |
| Tapestry | $10.77 B | USA |
| JD Sports Fashion | $10.30 B | UK |
| Gap Inc. | $9.20 B | USA |
| Levi Strauss | $8.61 B | USA |
| Zalando | $8.37 B | Germany |
| LPP SA | $7.70 B | Poland |
| VF Corporation | $7.69 B | USA |
There are such 127 top clothing companies with market cap combinedly $1.861 T.
In India, there are around 200 textile companies listed in the Indian stock exchange, few of the top companies are:
- Trident Ltd.
- Vedant Fashions Ltd.
- Welspun Ltd.
- KPR Mill Ltd.
- Vardhman Textiles Ltd.
- Orbit Exports Ltd.
- Raymond Ltd.
- MK Exim (India) Ltd.
- Arvind Ltd.
- and so on…
Benefits of investing in textile sector stocks:
The textile/apparel sector is a significant contributor to the world economy, with a large share in exports and domestic consumption, making it a resilient industry. Investing in the textile sector offers several benefits for long-term investors due to its stability, growth potential, and diverse market exposure.
Key advantages include –
>> Consistent demand: The demand for clothing, home textiles, and fabrics is evergreen, driven by population growth, rising incomes, and changing fashion trends. This creates steady revenue streams for textile companies.
>> Export & growth opportunities: Many textile/apparel/fashion companies are major global exporters, benefiting from trade agreements and diversification in supply chains. Export-driven companies offer the potential for strong revenue growth.
>> Innovation and Sustainability: Companies adopting eco-friendly practices, sustainable fabrics, and digital solutions are well-positioned to capture emerging consumer preferences, offering growth opportunities.
>> Diverse Sub-Sectors: The textile industry includes segments like apparel, home furnishings, and technical textiles, allowing for diversified investments across value chains.
Overall, the textile sector presents a blend of growth, stability, and export potential, making it an attractive investment option.
Here are few textile stocks to consider –
- Lululemon Athletica – Nasdaq: LULU
- Canada Goose – NYSE: GOOS
- Levi Strauss – NYSE: LEVI
- Kontoor Brands – NYSE: KTB
- Hanes Brands – NYSE: HBI
- Tapestry – NYSE: TPR
Note: This list is just for educational reference not a recommendation!
Identifying the best textile/clothing stocks involves thorough research and analysis.
Looking at the development in the textile/apparel industry globally with the help of e-commerce, AI, IoT, ML and many other innovative technologies, the expansion of the industry is inevitable, thus many new companies will be registered in stock exchange globally creating better investment opportunities.
