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India Home Textile Market Size (2024 - 2029)

The Indian home textile market is experiencing significant growth, driven by factors such as increasing household income, a rising population, and the expansion of organized retail and end-use sectors like housing, hospitality, and healthcare. Despite challenges posed by volatile market conditions and the pandemic, which disrupted logistics and led to order cancellations, the industry is recovering as the economy rebounds and pent-up demand rises. Efforts in quality improvement and innovation are enhancing India's position in the global market, with Delhi emerging as a key production and export hub. The hospitality industry's recovery is also expected to boost demand for home textiles.

Market Size of India Home Textile Industry

India Home Textile Market Summary
Study Period 2020-2029
Base Year For Estimation 2023
Market Size (2024) USD 9.60 Billion
Market Size (2029) USD 15.36 Billion
CAGR (2024 - 2029) 9.84 %
Market Concentration Medium

Major Players

India Home Textile Market Major Players

*Disclaimer: Major Players sorted in no particular order

India Home Textile Market Analysis

The India Home Textile Market size is estimated at USD 9.60 billion in 2024, and is expected to reach USD 15.36 billion by 2029, growing at a CAGR of 9.84% during the forecast period (2024-2029).

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 either through direct investment or joint ventures. The growth in Indian home textiles is supported by growing household income, increasing population, rising income levels, increased organized retail, and growth of end-use sectors like housing, hospitality, and healthcare. India accounts for almost 7% of global home textiles trade and occupies a significant share of exports to the United States.

In recent times, with volatile market conditions and higher inflation, various sectors of economies have been struggling. The home textile industry was no exception to this. The decline in demand, along with disrupted logistics and frozen external trade caused by the pandemic, affected the entire value chain. Due to the uncertainty across the market, international and domestic buyers cancelled or suspended their orders, adding to the industry's woes.

As the Indian economy is recovering from the impact of the pandemic with rising pent-up demand, home textiles are recovering. Increasing efforts in quality improvement, innovations through R&D programs, and other preferential value-added features are helping India’s home textile products to lead in the global market. Delhi has emerged as a significant production and export centre for home textiles. With the recovering tourism industry in India, the hospitality industry is expected to act as a catalyst with households for increasing demand for home textiles.

India Home Textile Industry Segmentation

Home textile or household textile is a textile segment comprised of components used in the domestic environment. It consists of various functional and decorative products mainly used in decorating houses. The fabric used for home textiles consists of both natural and man-made fibers. The study gives a brief description of the India home textile market and includes details on home textile sales, investment by the manufacturers, and the launch of new home textile products. The India home textile market is segmented by product and by distribution channel. By product, the market is segmented into bed linen, bath linen, kitchen linen, upholstery, and floor covering. By distribution channel, the market is segmented into supermarkets & hypermarkets, specialty stores, online, and other distribution channels. The report also covers the market sizes and forecasts for the India home textile market in value (USD) for all the above segments.

By Product
Bed Linen
Bath Linen
Kitchen Linen
Upholstery
Floor Covering
By Distribution Channel
Supermarkets & Hypermarkets
Specialty Stores
Online
Other Distribution Channels
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India Home Textile Market Size Summary

The home textile industry in India is experiencing robust growth, driven by factors such as increasing household income, urbanization, and the expansion of organized retail. This sector has attracted significant interest from foreign brands, which have entered the Indian market through direct investments and joint ventures. The industry's growth is further supported by the rising demand in end-use sectors like housing, hospitality, and healthcare. Despite challenges posed by the pandemic, such as disrupted logistics and decreased demand, the market is recovering, bolstered by innovations in quality and R&D efforts. Delhi has emerged as a key production and export hub, with the hospitality industry's recovery expected to further boost demand for home textiles.

The Indian home textile market is characterized by its fragmentation, with numerous players competing through product variety and effective marketing strategies. Major companies like Welspun Group, Raymond Group, and Indo Count Industries Ltd. are prominent in the market, while smaller firms focus on niche segments and quality. The market's expansion is also supported by government initiatives like "Make In India," which promote local manufacturing. The demand for sustainable products, such as organic bed linen, is rising, reflecting increased consumer awareness and preference for high-quality living. The market's growth is further enhanced by strategic acquisitions and mergers, which improve service levels and customer-centric approaches.

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India Home Textile Market Size - Table of Contents

  1. 1. MARKET DYNAMICS AND INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Recovery of Hospitality industry driving the market

      2. 1.2.2 Increase in demand from residential segment with rising income

    3. 1.3 Market Restraints

      1. 1.3.1 Rising Competition from large large players in the Market

      2. 1.3.2 Increase in price volatility of product with rising inflation

    4. 1.4 Market Opportunities

      1. 1.4.1 Depliting Business in foreign markets driving domestic business

      2. 1.4.2 Rise in share of online revenue sales

    5. 1.5 Industry Attractiveness - Porters' Five Forces Analysis

      1. 1.5.1 Bargaining Power of Suppliers

      2. 1.5.2 Bargaining Power of Buyers

      3. 1.5.3 Threat of New Entrants

      4. 1.5.4 Threat of Substitutes

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Technological Innovations in India Home Textile Market

    7. 1.7 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Product

      1. 2.1.1 Bed Linen

      2. 2.1.2 Bath Linen

      3. 2.1.3 Kitchen Linen

      4. 2.1.4 Upholstery

      5. 2.1.5 Floor Covering

    2. 2.2 By Distribution Channel

      1. 2.2.1 Supermarkets & Hypermarkets

      2. 2.2.2 Specialty Stores

      3. 2.2.3 Online

      4. 2.2.4 Other Distribution Channels

India Home Textile Market Size FAQs

The India Home Textile Market size is expected to reach USD 9.60 billion in 2024 and grow at a CAGR of 9.84% to reach USD 15.36 billion by 2029.

In 2024, the India Home Textile Market size is expected to reach USD 9.60 billion.

Home Textile Industry in India Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)