Market Size of Asia-Pacific Home Textile Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 5.30 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Home Textile Market Analysis
Asia-Pacific accounts for approximately 60% of the global populations and dominant production of home textiles product region and is also a leader in the consumption of home textiles products.
- China is the largest manufacturer and consumer of home textiles. India is the third largest home textiles market in the Asia-Pacific region.
- Factors, such asthe housing boom in Asia-Pacific, increasing fashion trends in home textiles, and demand recovery from Western economies, aredriving the growth of home textiles globally.
- Key factors driving the robust growth rate of Asia-Pacific region include surging per capita expenditure, availability of potential consumers in the market, increasing investments by major regional players, improving lifestyles of consumers. These factorsare also driving the demand for home textile in the market.
- India is the third largest country in the market. The growth in the Indian home textiles is supported by the growing household income, increasing population, rising income levels, increase in organized retail and growth of end-use sectors, like housing, hospitality, and healthcare.
