Market Analysis: Home Textiles Size, Segmentation, and Competitive Landscape, 2024–2030

The global home textile market size was valued at USD 124.72 billion in 2023 and reached USD 130.93 billion in 2024. The market is projected to expand significantly, reaching USD 185.97 billion by 2030. This growth corresponds to a Compound Annual Growth Rate (CAGR) of 6.0% from 2024 to 2030.

The home textiles market has evolved beyond a basic necessity, becoming an integral extension of a homeowner's personal tastes and preferences globally. This industry encompasses a wide range of products, from bedding and towels to carpets and curtains, with manufacturers continually innovating in designs, styles, and quality.

This market expansion is primarily driven by the growth of the real estate industry and the rising global standards of living, which have led to increased consumer expenditure on interior design and house decoration.

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Key Market Trends & Insights

• The Asia Pacific market demonstrated regional leadership, dominating the global industry with a revenue share of over 20% in 2023. This is fueled by intense competition, the wide presence of manufacturers, and increasing expenditure on R&D.
• Europe is expected to be the fastest-growing regional market, with a projected CAGR of around 7.5% from 2024 to 2030. Germany is a key country in this region, being the largest importer and exporter of home textiles in Europe.
• Offline sales remain the dominant distribution channel, accounting for a share of over 65% of global revenues in 2023. The expansion of hypermarkets and supermarkets, coupled with major manufacturers preferring these physical channels, supports this dominance.
• Online sales are projected to grow at a CAGR of over 6% from 2024 to 2030, benefiting from third-party sellers establishing strong supply chains, and manufacturers offering specialized online assistance to buyers.
• Polyester-based home textiles dominated the materials segment, commanding a revenue share of over 37% in 2023. This material is favored for its durability, resistance to wrinkles and shrinking, ease of care, and resistance to allergens like dust mites, making it popular for items such as curtains, upholstery, and bedding.
• The cotton-based home textiles market is projected to grow at a CAGR of over 6% from 2024 to 2030, driven by the shift towards sustainable materials, with manufacturers introducing lines featuring recycled cotton and other eco-friendly fibers.

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Market Size & Forecast

• 2023 Market Size: USD 124.72 Billion
• 2030 Projected Market Size: USD 185.97 Billion
• CAGR (2024-2030):6.0%
• Asia Pacific: Largest market in 2023

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Key Companies & Market Share Insights

The home textiles market is highly competitive, characterized by players prioritizing product innovation, brand launches, and strategic acquisitions to expand their geographical reach and incorporate new technologies. These companies collectively hold the largest market share and influence key industry trends.

Key Players

• Welspun Group
• Springs Global
• New Sega Home Textiles
• Ralph Lauren Corporation
• Shenzhen Fuanna
• Trident Group
• Marvic Textiles
• Shanghai Hometex, Honsun
• Hunan Mendale Hometextile Company Ltd.
• LLC Honsun Home Textile

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Conclusion

The global home textiles market is projected for steady acceleration, achieving a 6.0% CAGR to reach USD 185.97 billion by 2030. Growth is robustly supported by increasing consumer expenditure on home décor and a preference for products that blend aesthetics with functionality. While the Asia Pacific leads in terms of market size and the Bedroom Linen segment dominates product revenue (over 45% share), Europe is set to be the fastest-growing region with a 7.5% CAGR. The future of the industry will increasingly focus on material innovation, particularly sustainability (e.g., recycled cotton), and leveraging technological integration in distribution and product offerings.