Market Size of United Kingdom Home Textile Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 4.03 Billion |
| Market Size (2029) | USD 4.29 Billion |
| CAGR (2024 - 2029) | 1.25 % |
| Market Concentration | Medium |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
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UK Home Textile Market Analysis
The United Kingdom Home Textile Market size is estimated at USD 4.03 billion in 2024, and is expected to reach USD 4.29 billion by 2029, growing at a CAGR of 1.25% during the forecast period (2024-2029).
The COVID-19 outbreak has had a significant impact on business sectors and the overall economy of the United Kingdom. The lockdowns in the United Kingdom have led to the disruption of many business activities including the Home Textiles industry and affected the supply chain.
United Kingdom home textile market is mature and demand is heavily influenced by external factors such as household income, consumer confidence and spending, the underlying strength of the housing market and trends in home decor. Moreover, rising awareness about the benefits and comfort of stylish home textiles will also contribute to the market development. Changing home decor trends, frequent room makeovers, and short replacement cycles are the key factors responsible for the growth. Most manufacturers focus on new product development and capacity expansion to estimate existing and future demand patterns.
