Market Trends of UAE Home Textiles Industry
E-commerce is Driving Home Textile Market in UAE.
There has been rapid growth in the e-commerce market in the United Arab Emirates since the early 2000s and it has proven extremely popular for startups in the market. Dubai and Abu Dhabi are the main project destinations for many business enterprises that use e-commerce as a platform. The use of e-commerce in the market has made the ordering of home textile products such as bed linen and cushions just one click for consumers in the market. E-commerce has also made product deliveries easy and convenient for people in the far town locations across the country.
Revenue from the fashion industry through e-commerce has observed a continuous increase in UAE in the current year and had a small decline in growth rate with COVID-19 and is expected to further increase as relaxations are been made. Total e-commerce in the UAE is anticipated to surpass USD 8 billion by 2025, as per the report launched by EZDubai. E-commerce in the MENA region is fast catching up with various global economies, with many online retailers scaling up services during COVID-19. In the Current Year, the total market size of e-commerce in the region was estimated at USD 31.7 billion.
Increase in Exports of Bed and Kitchen Linen is Expanding UAE Home Textile Market
UAE is witnessing growth in exports of its home textile products as it enjoys a strategically good location in the world. The exports from the country have grown in recent years. The textile export value grew by 34% in recent years. The region is also becoming the world's largest high-end home textile and garment re-export center for countries such as Saudi Arabia, Oman, Kuwait, Bahrain, and Iraq.