Global Home Textile Market To Hit US$ 192.8 Bn By 2029, Asia-Pacific Driving Growth
The global home textile market, valued at US$ 148.23 billion in 2022, is projected to reach US$ 192.83 billion by 2029, growing at a CAGR of 3.9% between 2023 and 2029, according to Valuates Reports.
China leads global production with a 32% share, followed by Europe (16%) and India (15%), making Asia-Pacific the fastest-growing region on the back of rising disposable incomes, urban housing growth and a blend of traditional and modern design demand.
Bedding continues to dominate demand, supported by growing awareness of sleep hygiene and wellness, while curtains, blinds and towels are emerging as high-growth categories. Institutional demand from hospitality and healthcare adds further stability, with hotels, hospitals and wellness centres driving bulk procurement of premium and antimicrobial fabrics.
Online sales are reshaping the sector, with AR tools, influencer marketing and customization options fueling digital adoption. Meanwhile, festive and seasonal shopping trends sustain cyclical demand, particularly in India and other emerging markets.
Key global players include Shaw Industries, Mohawk, Welspun India, WestPoint Home, Sunvim, Luolai Home Textile, Ralph Lauren Corporation and Springs Global. The top three players together account for roughly 5% of global market share, underscoring the sector’s fragmented nature.
