Bangladesh Home Textile Market Size (2024 - 2029)

The home textile market in Bangladesh is experiencing significant growth, driven by increased consumer spending and a rising demand for home and office renovations. This sector, a key player in the country's export economy, is expanding due to the production of high-quality and diverse products, with bed and bath linens being the most sought after. The market is also witnessing a shift towards environmentally friendly materials, as manufacturers focus on natural fabrics alongside traditional ones. Government initiatives aimed at enhancing technology, infrastructure, and export promotion are further supporting the market's expansion, making it increasingly competitive on a global scale.

Home Market Analysis Home and Property Improvement Research Furniture and Furnishings Research Home Textiles Research Bangladesh Home Textile Industry Market Size

Market Size of Bangladesh Home Textile Industry

Bangladesh Home Textile Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 3.67 Billion
Market Size (2029) USD 4.51 Billion
CAGR (2024 - 2029) 4.25 %
Market Concentration Medium

Major Players

Bangladesh Home Textile Market Major Players

*Disclaimer: Major Players sorted in no particular order

Bangladesh Home Textile Market Analysis

The Bangladesh Home Textile Market size is estimated at USD 3.67 billion in 2024, and is expected to reach USD 4.51 billion by 2029, growing at a CAGR of 4.25% during the forecast period (2024-2029).

The COVID-19 outbreak significantly impacted the business sectors and the overall economy of Bangladesh. The lockdowns in Bangladesh disrupted many business activities, including the Home Textiles industry, and affected the supply chain.

At present, Bangladesh's home textile market is witnessing strong growth due to rising consumer spending and increasing demand for renovating homes and offices. Home textile is one of the first-line export sectors in Bangladesh, also known as decorative textiles. Due to the quality and diversified range of products, the country's home textile production is rapidly increasing. Bed and bath linens are the most popular segments in home textiles in the country, and kitchen linen, curtains, upholstery, and carpets/rugs make up for the rest of the demand.

There is a rising trend towards more environmentally friendly products in the region, and thus, manufacturers are focusing their production of home textile products on natural fabrics such as soya and bamboo along with silk, polyester, and many others. The Bangladeshi home textile manufacturers are very conscious of fashion creation and design, which helps them to gain a special place in international markets. One of the country's new and trending designs in home textiles is unique motifs in this specialized sector. In order to expand the home textile industry further in the country, the government has also launched various support schemes for textile manufacturers to make them globally competitive. The schemes target technology upgradation, infrastructure development, increasing EPZ zones, export promotion, etc. These continuous collaborations and government policy support are expected to fuel the market in the upcoming years further.

Bangladesh Home Textile 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. Bangladesh 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 in value (USD billion) for all the above segments.

By Product
Bed Linen
Bath Linen
Kitchen Linen
Upholstery Covering
Floor Covering
By Distribution
Supermarkets & Hypermarkets
Specialty Stores
Online
Need A Different Region Or Segment?
Customize Now

Bangladesh Home Textile Market Size Summary

The home textile market in Bangladesh is experiencing robust growth, driven by increasing consumer spending and a rising demand for home and office renovations. This sector is a significant contributor to the country's export economy, known for its quality and diverse range of products, including bed and bath linens, kitchen linens, curtains, upholstery, and carpets. The market is also witnessing a shift towards environmentally friendly products, with manufacturers focusing on natural fabrics like soya and bamboo, alongside traditional materials such as silk and polyester. The Bangladeshi home textile industry is gaining international recognition for its fashion-forward designs and unique motifs. Government initiatives aimed at technology upgrades, infrastructure development, and export promotion are further bolstering the industry's growth prospects.

Bangladesh stands as a major global exporter of home textiles, with key markets in Europe, the US, Japan, Canada, and Australia. The demand for innovative and frequently updated home décor products is driving exports, particularly in categories like terry towels, bedspreads, and bath linens. The market is also seeing a rise in digital printing technology, with many factories expanding their capabilities to include this modern approach. The competitive landscape features both local and international players, attracted by the country's low labor costs. Notable companies in the sector include Zaber and Zuber Fabrics, Saad Musa Group, AllTex Industries Limited, Classical HomeTex, and ACS Textiles. Investments from international firms, such as Youngone Corporation, highlight the region's potential for growth and development in the textiles and information technology sectors.

Explore More

Bangladesh Home Textile Market Size - Table of Contents

  1. 1. MARKET INSIGHTS AND DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Industry Value Chain Analysis

    5. 1.5 Industry Attractiveness- Porter's Five Forces Analysis

      1. 1.5.1 Threat of New Entrants

      2. 1.5.2 Bargaining Power of Buyers

      3. 1.5.3 Bargaining Power of Suppliers

      4. 1.5.4 Threat of Substitutes

      5. 1.5.5 Intensity of Competitive Rivalry

    6. 1.6 Insights into Latest Technological Innovations and Recent Trends in the Industry

    7. 1.7 Insights on Government Regulations in the Industry

    8. 1.8 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Product

      1. 2.1.1 Bed Linen

      2. 2.1.2 Bath Linen

      3. 2.1.3 Kitchen Linen

      4. 2.1.4 Upholstery Covering

      5. 2.1.5 Floor Covering

    2. 2.2 By Distribution

      1. 2.2.1 Supermarkets & Hypermarkets

      2. 2.2.2 Specialty Stores

      3. 2.2.3 Online

Bangladesh Home Textile Market Size FAQs

The Bangladesh Home Textile Market size is expected to reach USD 3.67 billion in 2024 and grow at a CAGR of 4.25% to reach USD 4.51 billion by 2029.

In 2024, the Bangladesh Home Textile Market size is expected to reach USD 3.67 billion.

Bangladesh Home Textiles Market Report Snapshots

Home Textile Market in Bangladesh Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)