India’s home textile industry is projected to achieve 6-8% growth this fiscal year following a 9-10% revenue rebound last fiscal. This growth will be driven by resilient demand from the US, the industry’s primary export market, and expansion in the domestic market, despite ongoing
The global home textile industry, valued at USD 122 billion in 2023, is projected to reach USD 134 billion by the end of 2024 and grow at a CAGR of 5-5.5% to approximately USD 185 billion by 2030. China leads in home textile exports, followed by India and Turkey, with the USA being the largest […]
The global home textile industry, valued at USD 122 billion in 2023, is projected to reach USD 134 billion by the end of 2024 and grow at a CAGR of 5-5.5% to approximately USD 185 billion by 2030. China leads in home textile exports, followed by India and Turkey, with the USA being the largest […]
IKEA introduces Tyg, a innovative chapter in home textiles designed to ignite creativity and foster connections through fabric. Launching on July 1, 2024, Tyg offers 20 patterns crafted by 13 diverse designers, each reflecting Scandinavian modern design principles. These 3-meter pre-cut fabrics aim to inspire personalization and mindful living, aligning with IKEA’s
In the first four months of current year, Chinese home textile exports totaled US $10.12 billion, a marginal increase of 0.8 percent year on year, but still up 28.3 percent over the same period in 2019. Export of bedding products between January and April 2024 was $4.41 billion, growing by 1.6 percent over a year […]
Indo Count Industries was honoured with three Gold trophies at the Texprocil Export Awards ceremony, for its contribution to the export of cotton made-ups from India. The Texprocil Export Awards recognise the role played by the exporting community in developing and diversifying India’s exports of cotton textiles. Indo Count Industries clinched the Gold trophy for […]
Intertextile Shanghai Home Textiles marks its 30th anniversary with returning pavilions and new product zones and will be held in Shanghai from August 14-16, 2024 With the brand present in China since 1995, increasing market demand, has contributed to the consistent upward trajectory of Intertextile Shanghai Home Textiles – Autumn Edition. “By utilising advanced
Premium home furnishings brand MyTrident has brought together Bollywood actor Kareena Kapoor Khan and her mother in law Sharmila Tagore in a new television campaign. This collaboration highlights the harmonious relationship between a mother-in-law and daughter-in-law, marking a notable shift from the traditional narratives typically portrayed in brand campaigns. The duo
Trident Group, a prominent player in the textile industry, is participating as Silver Sponsor at Bharat Tex 2024. This expansive textile event, held from February 26-29 at Bharat Mandapam and Yashobhoomi, New Delhi, organized by 11 Textile EPCs, received support from the Ministry of Textiles. The primary objective of this event is to honour and […]
Bangladesh reported an increase in home textile exports in February 2024 after a period of 18 months or since September 2022, according to data from the Export Promotion Bureau (EPB). The South Asian country exported home textiles products amounting to US $84.61 million, up 9.9 percent as against $77 million in February 2023 “Home textile […]