| Product Code: ETC374604 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, India continued to witness a robust demand for textiles in the home decor segment, with top import sources being China, India, Turkey, Bangladesh, and Lithuania. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry maintained a strong growth trajectory with a notable compound annual growth rate (CAGR) of 30.81% from 2020 to 2024. However, there was a slight decline in growth rate in 2024 compared to the previous year, showing a -11.47% decrease. This data suggests that while the market remains competitive, there may be some fluctuations in growth rates that importers should monitor closely.

The India textiles and home decor market is estimated to be worth around US$161 billion, registering a CAGR of 3.4%. In terms of volume, the industry registered an increase of 5.6% over the same period. India?s share in global exports stands at 10%. The India textiles sector occupies a unique position in the economy due to its strong linkages with several other sectors such as agriculture, rural employment generation and industrial production. It contributes 5% to India?s GDP and provides employment to 46 million people directly or indirectly.
The India textiles home decor market has experienced a boost in recent years due to changing consumer lifestyles and preferences. Increasing disposable income and a growing awareness of home aesthetics have driven the demand for premium textiles for home decor, including curtains, beddings, and upholstery.
The textiles home decor market in India has been positively influenced by changing lifestyle preferences and increasing disposable incomes. However, restraints such as stiff competition from global players and the rise of online marketplaces have impacted the growth prospects of domestic textile manufacturers.
The home decor market in India witnessed significant shifts during the pandemic. With people spending more time at home, there was a growing interest in textiles and home decor products. However, the closure of brick-and-mortar retail stores and disruptions in e-commerce logistics impacted sales. Additionally, manufacturers faced challenges in sourcing raw materials and managing workforce availability, affecting production and supply chain operations.
The textiles home decor market in India has flourished with a rise in demand for premium and designer home furnishings. Some of the prominent players in this market are Bombay Dyeing, D`decor Home Fabrics, FabIndia, and Swayam India.
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By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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