Home textiles, a major segment of overall textile industry, offers a wide range of categories such as furnishing fabrics, curtains, carpets, table covers, kitchen accessories, made-ups, bedspreads, bath linen, and other home furnishings. The US and Europe are the biggest consumers constituting 60% of the home textiles imports, while nations like India, China and Pakistan are among key suppliers. Carpets form the largest sub-segment in home textiles followed by bed-linen.
Maintaining a share of 6% globally…
In 2016, global textile and apparel trade stood at US$ 743 billion, while share of other categories such as fibre, yarn, fabric has decreased, home textiles has maintained its share of 6% over the past 5 years.
In 2016, the global home textiles trade was at US$ 47 billion and it has been growing at a CAGR of 0.2% since the year 2012. Carpets were the top traded category at US$ 14 billion. While table linen, furnishing and carpets have been growing at a negative CAGR of 5%, 2% and 1% respectively, bath/ kitchen linen has shown the maximum positive CAGR of 3% and an increase in share of 1% too.