Global Overview

There was a time when textile items such as bed linen, bedspreads, curtains and table linen were bought only during major festivals by majority of the households in India. It was a common practice to have just a handful of bed linens and wash them frequently till they tore apart! That was 20 years ago. Thanks to the phenomenal growth of Indian retailing, increase in purchasing power of Indian people and growing consumerism, the lifestyle of Indian middle class is transforming. Growing demand for fashion apparels or home textiles is a part of this transformation. The young working couples of urban India take pride in giving a trendy look to their homes by picking up the best home textile items from large retail stores/multi-brand outlets. At present, the home textile in India is estimated at Rs150 billion and the market is set to get bigger.

World over, home textiles always played an important role in the comfort, protection and decoration of furnishings. Global home textiles market (consumption) was estimated at around US$105 billion in 2006 and is expected to grow at 15% per annum. The US happened to be the largest market and was estimated at US$16 billion. While North America and Europe still take up the bulk of shipments, exports to emerging destinations such as Eastern Europe and the Middle East are gathering pace. Japan, Australia, New Zealand are also large consumers of home textiles. Global demand for home textiles has led to increased investment in Indian textile industry. India is one of the big players in supply of home textiles after China.

This article attempts to discuss global market overview of Home Textiles in the backdrop of home textiles market in the US, the UK, India and China. Following home textile product categories have been largely considered while giving the market overview:

• Bed linen
• Bedspreads
• Blankets
• Curtains
• Table linen
• Textile furnishing
• Toilet linen
• Kitchen linen

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About the Author:

The author holds a vast experience of 22 years. Currently he is heading the Business Research/Research Analytics/Market Research at Cygnus Business Consulting & Research, Hyderabad.