Market Size of GCC Home Textile Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.68 Billion |
| Market Size (2029) | USD 2.01 Billion |
| CAGR (2024 - 2029) | 3.69 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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GCC Home Textiles Market Analysis
The GCC Home Textile Market size is estimated at USD 1.68 billion in 2024, and is expected to reach USD 2.01 billion by 2029, growing at a CAGR of 3.69% during the forecast period (2024-2029).
The market is driven by the increasing demand for innovative and high-quality fabrics from the fashion industry, the growth of the tourism sector, the demand for unique clothing and souvenirs, and the development of enhanced trade relationships with major textile-producing countries. The GCC has become a major textile hub in the world that includes fibers, fabrics, apparel, cloth, outerwear, home textiles, and technical textiles. The home Textile segment has become one of the most attractive segments in the textile industry markets within the GCC nations and has emerged as one of the most fashion-sensitive segments.
The United Arab Emirates and Saudi Arabia are among the largest home textile exporters in the Middle East. The United Arab Emirates has a large textile industry and ranks third in the world in terms of textile exports. The large population, increasing rate of urbanization, and improved quality of living are largely responsible for the growing demand for home textiles like bedding, bed sheets, towels, carpets, quilts, blankets, and covers in the GCC market. The development of e-commerce for home textiles in the region is also expected to lead to increasing demand.
