Saudi Arabia Home Textiles Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 4.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Saudi Arabia Home Textiles Market Analysis
The market has generated a revenue of more than USD 500 million in the current year and is poised to achieve a CAGR of more than 4.0% during the forecast period.
The market experienced a short-term slowdown due to the COVID-19 pandemic, which effectively reduced tourism in Saudi Arabia. The Saudi Arabia home textile industry is popular in the world because of its association with heritage and its dependence on handicrafts in addition to its association with the Hajj and Umrah season in selling.
Development in end-user segments, for instance, residential and commercial (hospitality), together with the increasing attentiveness regarding altering inclinations of home-based interior decoration is expected to motivate the home textiles industry in Saudi Arabia. The increasing rate of urbanization and improved quality of living are responsible for the growing demand for home textiles like beddings, bed sheets, towels, blankets, and covers. Growing real estate market and improving standards of living have resulted in increased spending on home decoration and interior. This is also projected to be one of the key factors augmenting market growth over the forecast years. In addition, changing trends in home furnishing is expected to boost the market growth further.
Saudi Arabia Home Textiles Market Trends
Growth of Imports and E-Commerce Segments is Fueling the Market
E-commerce is one of the fastest-growing segments of the retail markets in Saudi Arabia. Online shopping is growing its importance, although take-up varies significantly by region in the country. The Saudi Arabia home textile industry is popular in the world because of its association with heritage and its dependence on handicrafts in addition to its association with the Hajj and Umrah season in selling.
The Saudi Arabia Home Textile Market is experiencing unprecedented growth created by the explosion in population and the huge surge in the property market. Standing currently at more than USD 4 billion, the Saudi Arabia Textile imports are increasing at 13-15% annually. Ihram for men and Abayas for women, form a large section of this expanding market due to the increasing number of Haj and Umrah pilgrims. The top e-commerce website in Saudi Arabia for home textiles is Amazon. Tents and towels are also in great demand due to the nature of the countries geography and environmental requirements.
Rise in Demand for Home Furnishing and Residential Real Estate is Boosting the Market
Saudi Arabia is one of the largest home textile (especially, bed linen) exporters in the Middle East. Favorable economic conditions and trade equations have led to the growth and development of the home textile segment in Saudi Arabia. Recent surveys reveal that the population of the KSA is relatively young and growing, with a preference for high-end brands. Wool-based textile accounted for more than 13.0% of the market in terms of revenue in recent year. In addition, changing trends in home furnishing is expected to boost the market growth further. The export of textile and clothing products accounted for 9% of total sales within the export market for this country. Furthermore, the construction of residential buildings and luxury hotels is expected to drive the demand of home textiles in the region. Growth of end-use sectors like housing, hospitality, office spaces, and healthcare has ignited interest in home textiles among consumers.
Saudi Arabia Home Textiles Industry Overview
The Saudi Arabia home textile market is competitive in nature with several small, medium and large players in the region. Manufacturers in the region are adopting new technologies and using new innovative methods such as 3-D cotton textiles and other materials like nylon, synthetic fibers to attract consumers in the market. Players are also adopting for the use of recycled and sustainable materials that are cost-effective and use fewer natural resources. The major competitive players of the market are Satex, Omar Kassem Alesayi for Textiles, Safa Al Shams Est., AlJedaie and Bed Quarter (Al Mazro Group).
Saudi Arabia Home Textiles Market Leaders
Satex
Omar Kassem Alesayi for Textiles
Bed Quarter (Al Mazro Group)
Ralph Lauren Corporation
Al Jedaie
*Disclaimer: Major Players sorted in no particular order
Saudi Arabia Home Textiles Market News
- In August 2023, H&M Group announced the launch of back-to-school collection tailored for children. The product collection includes bedding, rug, and cushions.
- In Febuary 2022, Ralph Lauren Corporation has announced a strategic limited partnership with Franklin Venture Partners, a specialised investment team within Franklin Templeton, focused on mid- and late-stage private companies. With this strategic partnership, Ralph Lauren will made a capital investment with Franklin Venture Partners that seek to invest in innovative consumer technology companies. This helps Ralph Lauren to enhance their home textile portfolio to better cater their customers.
Saudi Arabia Home Textiles Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Residential Real Estate will Drive the Market
4.2.2 Growth of E-Commerce will Drive the Market
4.3 Market Restraints
4.3.1 Changing Consumer Preferences will Restrain the Growth of the Market
4.3.2 Increasing Raw Material Costing will Restrain the Growth of the Market
4.4 Market Opportunities
4.4.1 Customized Products for the Customer Need
4.4.2 Online Platform for Selling the Products Acts as an Opportunity for the Market to Grow
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness - Porters' Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Insights on technology Innovation in the Market.
4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Product
5.1.1 Bed Linen
5.1.2 Bath Linen
5.1.3 Kitchen Linen
5.1.4 Upholstery
5.1.5 Floor Covering
5.2 By Distribution Channel
5.2.1 Supermarkets & Hypermarkets
5.2.2 Specialty Stores
5.2.3 Online Stores
5.2.4 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 Satex
6.2.2 Omar Kassem Alesayi for Textiles
6.2.3 Al Jedaie
6.2.4 Bed Quarter (Al Mazro Group)
6.2.5 Ralph Lauren Corporation
6.2.6 Bycop SAL
6.2.7 Watheer Global
6.2.8 H&M Group
6.2.9 Iconix International Inc.
6.2.10 Deyarco Furniture Factory LLC*
- *List Not Exhaustive
7. MARKET OPPORTUNTIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Saudi Arabia Home Textiles Industry Segmentation
Home textiles are fabrics and clothes used specifically for furnishing a residence. The materials and design of each are defined by the functional and aesthetic uses of each. A complete background analysis of the Saudi Arabia Home Textile Market, which includes an assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and logistics spending by the end-user industries, is covered in the report. Saudi Arabia Home Textile Market is Segmented By Product (Bed Linen, Bath Linen, Kitchen Linen, Upholstery and Floor Covering), and By Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online and Other Distribution Channels). The report offers market size and forecasts for Saudi Arabia Home Textile Market (In USD Million) for all the above segments.
| By Product | |
| Bed Linen | |
| Bath Linen | |
| Kitchen Linen | |
| Upholstery | |
| Floor Covering |
| By Distribution Channel | |
| Supermarkets & Hypermarkets | |
| Specialty Stores | |
| Online Stores | |
| Other Distribution Channels |
Saudi Arabia Home Textiles Market Research FAQs
What is the current Saudi Arabia Home Textile Market size?
The Saudi Arabia Home Textile Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Saudi Arabia Home Textile Market?
Satex, Omar Kassem Alesayi for Textiles, Bed Quarter (Al Mazro Group), Ralph Lauren Corporation and Al Jedaie are the major companies operating in the Saudi Arabia Home Textile Market.
What years does this Saudi Arabia Home Textile Market cover?
The report covers the Saudi Arabia Home Textile Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Saudi Arabia Home Textile Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Home Textile in Saudi Arabia Industry Report
Statistics for the 2023 Home Textile in Saudi Arabia market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Home Textile in Saudi Arabia analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
