Australia Home Textiles Market Size (2024 - 2029)

Australia Home Textile Market Analysis

The Australia Home Textiles Market size is estimated at USD 5 billion in 2024, and is expected to reach USD 6.24 billion by 2029, growing at a CAGR of 4.56% during the forecast period (2024-2029).

Australia's unique natural materials used for textiles make it stand out in the market. The country is known for its sale of wool as a raw product. Due to the environment and plant life, Australia uses fibers from tree life, like the Banyan tree, to create clothing and other textiles. It has begun to join the countries that are working on technical textiles. Since this is becoming such a large market, innovation has become very important for this industry.

Due to COVID-19, all economic activities except for essential goods and services came to a standstill. The home textile industry was no exception to this. The textile industry in Australia has been declining for many years and the Australian textile industry gives employment to less than 20,000 people overall and with the advent of covid, it was majorly affected. Household demand and changes in interest rates with the accommodative policy of central banks try to make these sectors overcome the financial crisis.

The bed linen segment is experiencing growth as the sales of mattresses rose in the recent year . Technical textiles and new materials are leading to growth in the sector and are also expected to contribute to the growth in home textiles in the hospitality and hospitals sector. Research and development in the sector such as functional and natural fibres will likely create new opportunities. Among flooring, carpets held the major exports from countries such as China and India in the market. Digital textile printing disrupts the market by innovating new designs and textiles.

Australia Home Textile Industry Segmentation

Home textile is a segment of technical textiles comprising components used in a domestic environment which includes upholstery, interior decoration, furnishing, carpeting, floor and wall covering, etc. The home textile consists of functional as well as decorative products used in a home with the fabric being used consisting of both natural and man-made fibre. Generally, home textiles are produced by weaving, knitting, crocheting, knotting and pressing fibres together. A complete background analysis of the Australian home textile market, including an assessment of the economy, the contribution of sectors in the economy, market overview, market size estimation for key segments, emerging trends in the market segments, market dynamics, and spending by the end-user industries, are covered in the report. Australia 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.