Poised for significant growth, the global home textile market is project to expand at a CAGR of 6.1 to $235.9 billion by 2033 from $130.5 billion in 2023, as per a report by Market US.

This growth will be driven by several factors including rising global income levels and increasing consumer interest in home décor. The trend towards enhanced interior design in homes will continue to fuel demand for premium and personalized home textiles. Furthermore, the growing adoption of eco-friendly materials and technological advancements in fabric production are creating new opportunities for manufacturers.

Government support also plays a role. Governments worldwide continue to invest in infrastructure to facilitate textile production. They are also providing incentives for environmentally sustainable practices. As regulations become stricter to ensure safety and environmental standards, manufacturers are being pushed to innovate and adhere to these updated guidelines.

In 2023, bedroom linen dominated the product segment, holding a 45.3 per cent market share, driven by demand for high-end, eco-friendly materials. Polyester led the material market with a 37.6 per cent share due to its affordability and versatility. Offline distribution channels, particularly supermarkets and hypermarkets, commanded a 65.5 per cent share of the market. The Asia Pacific region, with its robust manufacturing capabilities and growing middle class in countries like China and India, held the largest market share at 45.6 per cent, valued at $58.7 billion.