Bangladesh Home Textile Market Size

Bangladesh Home Textile Market Analysis

The Bangladesh Home Textile Market size is estimated at USD 3.67 billion in 2024, and is expected to reach USD 4.51 billion by 2029, growing at a CAGR of 4.25% during the forecast period (2024-2029).

The COVID-19 outbreak significantly impacted the business sectors and the overall economy of Bangladesh. The lockdowns in Bangladesh disrupted many business activities, including the Home Textiles industry, and affected the supply chain.

At present, Bangladesh's home textile market is witnessing strong growth due to rising consumer spending and increasing demand for renovating homes and offices. Home textile is one of the first-line export sectors in Bangladesh, also known as decorative textiles. Due to the quality and diversified range of products, the country's home textile production is rapidly increasing. Bed and bath linens are the most popular segments in home textiles in the country, and kitchen linen, curtains, upholstery, and carpets/rugs make up for the rest of the demand.

There is a rising trend towards more environmentally friendly products in the region, and thus, manufacturers are focusing their production of home textile products on natural fabrics such as soya and bamboo along with silk, polyester, and many others. The Bangladeshi home textile manufacturers are very conscious of fashion creation and design, which helps them to gain a special place in international markets. One of the country's new and trending designs in home textiles is unique motifs in this specialized sector. In order to expand the home textile industry further in the country, the government has also launched various support schemes for textile manufacturers to make them globally competitive. The schemes target technology upgradation, infrastructure development, increasing EPZ zones, export promotion, etc. These continuous collaborations and government policy support are expected to fuel the market in the upcoming years further.