Market Size of Europe Home Textile Industry
Study Period | 2020-2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 32.37 Billion |
Market Size (2029) | USD 34.42 Billion |
CAGR (2024 - 2029) | 1.23 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Home Textile Market Analysis
The Europe Home Textile Market size is estimated at USD 32.37 billion in 2024, and is expected to reach USD 34.42 billion by 2029, growing at a CAGR of 1.23% during the forecast period (2024-2029).
The European market for home textiles is growing, and it continues to be the major importer of home textiles. A large share of imported goods is from developing countries. The increasing rate of urbanization and improved quality of living are responsible for the growing demand for home textiles like bedding, bed sheets, towels, blankets, and covers. European consumers often look for low-end bargains or save up for higher-end purchases. With the increase in production capacity, Germany, France, Netherlands, and Italy emerged as markets in the region with the largest share of home textile exports.
Manufacturers are launching a series of innovative textile patented technologies to make their products more specific and raise their market share. The emergence of digital textile printing has strengthened home textile manufacturers with limitless graphics and color variation in comparison to traditional printing technology, offering users various designed home textiles. Bed linen and bedspread, Bath/Toilet linen, and floor are among the categories of home textiles with the largest market size in Europe leading to manufacturers focusing on these market segments to expand their sales.
Post-COVID-19, online home textile market value in Europe observed a continuous increase, leading to an increasing number of buyers buying the product through online channels and direct manufacturer websites. United Kingdom, Norway, Denmark, and the Netherlands have emerged as the countries in Europe with the largest share of consumers using online shopping, leading to manufacturers continuously expanding their home textile products through online channels.