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Textile Mills in Canada Industry Data and Analysis
Widespread offshoring of apparel manufacturing has been detrimental to Canadian textile mills, as distant apparel manufacturers are unlikely to source their textiles from domestic mills. A shrinking downstream apparel market and a dip in exports have caused revenue to creep downward during the period despite strong levels of consumer spending. Even so, more home furnishing textiles and a shift toward producing protective equipment during the pandemic provided a safety net for textile mills, preventing a significant slump in revenue. Nonetheless, some mills experienced closures in recent years and were forced to exit entirely because they were unprofitable. The number of textile mills has dropped as competitive pressures from overseas mills continue to intensify. Overall, textile mills' revenue is expected to slump at a CAGR of 2.2% to $3.9 billion through the end of 2025, including a drop of 1.4% in 2025 alone.
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What's included in this industry analysis
IBISWorld's research coverage on the Textile Mills industry in Canada includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released June 2025.
About this industry
What's this industry report about?
The Textile Mills industry in Canada operates under the NAICS industry code 31310CA. Canadian textile mills feature a variety of textile manufacturers. Mills engage in one or more of the following activities: spinning yarn from natural or synthetic fibres; manufacturing knit, woven or nonwoven fabrics; and finishing and coating textile products. This report does not include carpet or rug mills. Related terms covered in the Textile Mills industry in Canada include knit fabric, woven fabric and nonwoven fabric.
What's included in this industry?
Products and services covered in Textile Mills industry in Canada include Woven and knit fabrics, Nonwoven fabrics and Curtains and linens.
What companies are included in this industry?
Companies covered in the Textile Mills industry in Canada include Morbern and Lincoln Fabrics.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Textile Mills industry in Canada.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Textile Mills industry in Canada.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Textile Mills industry in Canada.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Textile Mills industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Textile Mills industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Textile Mills industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Textile Mills industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Textile Mills industry in Canada.
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Frequently Asked Questions
What is the market size of the Textile Mills industry in Canada in 2026?
The market size of the Textile Mills industry in Canada is $3.9bn in 2026.
How many businesses are there in the Textile Mills industry in Canada in 2025?
There are 1,270 businesses in the Textile Mills industry in Canada, which has declined at a CAGR of 1.4 % between 2020 and 2025.
How may import tariffs affect the Textile Mills industry in Canada?
The Textile Mills industry in Canada is likely to be significantly impacted by import tariffs with imports accounting for a high share of industry revenue.
How may export tariffs affect the Textile Mills industry in Canada?
The Textile Mills industry in Canada is likely to be significantly impacted by export tariffs with exports accounting for a high share of industry revenue.
Has the Textile Mills industry in Canada grown or declined over the past 5 years?
The market size of the Textile Mills industry in Canada has been declining at a CAGR of 2.2 % between 2020 and 2025.
What is the forecast growth of the Textile Mills industry in Canada over the next 5 years?
Over the next five years, the Textile Mills industry in Canada is expected to grow.
What are the biggest companies in the Textile Mills industry in Canada?
The biggest companies operating in the Textile Mills industry in Canada are Morbern and Lincoln Fabrics
What does the Textile Mills industry in Canada include?
Manufacturing knit fabrics and Manufacturing woven fabrics are part of the Textile Mills industry in Canada.
Which companies have the highest market share in the Textile Mills industry in Canada?
The company holding the most market share in the Textile Mills industry in Canada is Morbern.
How competitive is the Textile Mills industry in Canada?
The level of competition is high and steady in the Textile Mills industry in Canada.
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