Textile Industry in Thailand: USD 5.39 Billion by 2032 with Fashion and Apparel Accounting for 62.58% Share in 2026, Says Mordor Intelligence

Thailand's textile market is valued at USD 4.97 billion in 2026 and projected to reach USD 5.39 billion by 2032, growing at a 1.31% CAGR. Growth is driven by e-commerce expansion, domestic travel demand, and domestic fiber production, though competition from lower-cost imports and rising labor costs present challenges. Greater Bangkok and Samut Prakan form the largest manufacturing cluster.