Home Textile Industry in India Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

India Home Textile Market Analysis

The India Home Textile Market size is estimated at USD 8.74 billion in 2023, and is expected to reach USD 13.98 billion by 2028, growing at a CAGR of 9.84% during the forecast period (2023-2028).

The home textiles market in India is growing with leaps and bounds and in the process has attracted the attention of foreign brands that have entered the Indian markets on their own or through joint ventures. This has happened due to the growing affluence levels of Indian consumers who are becoming more and more demanding by asking for exquisite home textile fabrics. The growth in the Indian home textiles is supported by growing household income, increasing population, rising income levels, increase in organized retail, and growth of end-use sectors like housing, hospitality, healthcare. India accounts for almost 7% of global home textiles trade. India is also one of the top suppliers for the world's biggest home textile consuming market, being the US. Increasing efforts in quality improvement, innovations through R&D programs, and other preferential value-added features have helped India's home textile products become more popular in the global market. Superior quality makes companies in India a leader in the US and the UK, contributing two-third to their exports. Delhi, India has emerged as one of the major productions and export centers for home textiles. Traditional craftsmanship along with its distinctive appeal is being effectively used for producing value-added home textile items.

Due to the COVID-19, all economic activities except for the essential goods and services came to a standstill. The home textile industry was no exception to this. The industry faced a complete shutdown for around 2-3 months. Disrupted logistics and frozen external trade caused due to the pandemic affected the entire value chain alike. India's April and May 2020 net trade were around 50% lower month-on-month compared to that of the previous year. Due to the uncertainty across the market, international and domestic buyers cancelled or suspended their orders, adding to the woes of the industry.

India Home Textile Market Trends

This section covers the major market trends shaping the India Home Textile Market according to our research experts:

India Market Share in Global Trade

India Home Textile Industry Segmentation

Home textiles are fabrics and clothes used specifically for furnishing a residence. The materials and design of each are defined by the functional and aesthetic uses of each. A complete background analysis of the India Home Textile Market, which includes an assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and logistics spending by the end-user industries, is covered in the report. India Home Textile Market is Segmented By Product into Bed Linen, Bath Linen, Kitchen Linen, Upholstery and Floor Covering, and By Distribution Channel into Supermarkets & Hypermarkets, Specialty Stores, Online and Other Distribution Channels.