Market Size of UAE Home Textiles Industry
| Study Period | 2019 - 2028 |
| Base Year For Estimation | 2021 |
| Forecast Data Period | 2024 - 2028 |
| Historical Data Period | 2019 - 2020 |
| CAGR | > 4.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
UAE Home Textile Market Analysis
The textile industry is immense and adds value to the growth in countries around the globe. The UAE enjoys the strategic geographic location and also emerges as a major re-export destination for other neighboring countries in GCC (Gulf cooperation counsil) drawing the attention of many investors around the globe. UAE has lead in oil for years and is merging to be textile and clothing merging hub. Accounting for almost 5.5% share of the world trade, the Middle East ranks the fourth biggest exporter of fashion and clothing accessories.
Due to the COVID-19, 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. Most people were stuck at home and did not need to dress it up as they usually would which leads to decrease in demand effecting fashion industry negatively.
After Covid, UAE is able to attract textile business from across globe moving their base of business to one of its emirates, fujariah. The growth of stylish home textiles is another major factor that is likely to increase the demand in the market as restrictions are uplifted. High-end and premium home textiles are leveraging in the market owing to a rise in consumer spending and higher investments in the country. Growth in the hospitality sector with rising number of expatriates is expected to lead demand in bed linen and bath linen segments of the market and uplifting textile market in UAE as well as globally.
