Pakistan Home Textiles Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Pakistan Home Textiles Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Pakistan's home textile industry is export-oriented and the growth in the industry is achieved due to its downstream industries. It is one of the key suppliers to Europe, the United States, and China. The home textile industry in the market is likely to see growth in the residential and hospitality industry in the Pakistan. The raw materials requirement is facing a downward trend due to the growth in consumption in the domestic market. Pakistan's political instability may affect the home textiles market. However, the government has taken one of the measures Balancing, Modernization, and Replacement (BMR) and that provide loans to the business under subsidized rates. Pakistan's home textile industry also faces competition from China and India and the rising price of raw materials such as yarns and increasing interest rates, inflation rates might challenge the industry.

Key Market TrendsRising Exports of Bed Linen

Pakistan's export of the bed linen that is made up of single or multiple yarns has been rising with a dip in the industry in 2016 and the bed linen exports have been increasing constantly from the year 2016. After the year 2016, bed linen exports have been rising constantly rising. The top five importing destinations for the market include the United States, Germany, and the United Kingdom, Netherlands, and France. Bed linen that is printed with high quality and prices provide pleasant looks to rooms for the members of the family. moreover, the Kitchen towel linen market exists in Karachi, Faisalabad, Lahore, Gujranwala, Sialkot, and Multan.

Rising Demand of Flooring In Market

The floor covering market is rapidly growing in Pakistan owing to the rise in infrastructure developments, changing lifestyles of customers, and due to changes in increasing demand for insulations by the consumers. The demand for the floor will also be risen by the development of construction industries and China Pakistan Economic Corridor Development.

Laminate flooring is one of the healthiest and eco-friendly options in the country with low formaldehyde emission levels. On the other hand, the carpet industry is one of the largest cottage industries of the country.

Competitive Landscape

The home textile market in Pakistan is fragmented with various mills located in the country. There are various branded and non branded players in the market. Home textiles Textiles Manufacturers in the country are focused on improving cost and quality in order to remain competitive in the market.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned
 
Home Textile international
Ashraf Textile Industries
Associated Home Textiles
Ibrahim Textile Corporation
Shabbir Tiles & Ceramics Limited
Howardtex
Jawwad Industries
Continental Textile
Zephyrs Textile
Maryam Textile Pvt. (Ltd.)
Oct. Hometextiles Trading Co. Ltd.

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