Elegant Textile Market Size, Share, By Product Type, Material, Application, Distribution Channel, and Region - Trends, Analysis, and Forecast till 2035

Report Code: PMI574125 | Publish Date: January 2025 | No. of Pages: 189

Elegant Textile Market Overview

  • Till 2035, the market valuation is expected to reach USD 211.4 Billion.
  • Elegant textile market size was worth USD 125.3 Billion in 2024.
  • Target market is increasing at a CAGR of 5.4%.

The elegant textile market size is expected to witness substantial growth during the projected period. Elegant textiles refers to high quality fabrics that represent complexity, refinement and also superior expertise. These textiles are typically made using premium materials, such as silk, cashmere, and many more which often enhanced with intricate designs, embroidery or embellishments. The target market is set to experience robust growth fueled by rising consumer demand for luxury products and the increasing influence of e-commerce. As consumers continue to prioritize quality and sustainability in their purchasing decisions, this market presents significant opportunities for manufacturers and retailers focused on high-end textiles.  

For instance, in October 2024, Minister for Handlooms and Textiles launched the Deepavali special 30 % discount sale in Co-Optex stores and unveiled the newly designed sarees. The Minister further informed that the Handlooms and Textiles Department has planned to distribute 1.77 crore free dhotis and sarees to all eligible ration card holders for the Pongal festival.

Key Takeaways:

  • Asia Pacific held the largest share of the market due to the rising disposable incomes and urbanization, particularly in countries, such as India and China.
  • Consumers are increasingly opting for sustainable and also eco-friendly textiles, such as organic cotton, recycled fibers, and bamboo based fabrics and later, this move has encouraged manufacturers to adopt green production processes.

Elegant Textile Market

Elegant Textile Market Drivers & Restraints

Key Drivers of Target Market:

Rising Demand for Luxury Products is Expected to Boost Market Growth

There is an increasing consumer preference for high-quality and luxurious textiles, driven by growing disposable incomes and a desire for premium home decor and fashion items. 

  • For instance, in November 2024, Global luxury fabric manufacturer Dormeuil has launched three new luxury fabrics Forever Gold, Extreme Vicuna and Pashmina for the Indian legacy fashion brand P N Rao. The launch of the new fabrics was preceded by a fashion show orchestrated by Bengaluru-based fashion stylist and choreographer.

Innovative Designs and Technology is expected to Speed up Market Expansion

Advances in textile technology and design are enabling manufacturers to create unique, high-quality products that appeal to discerning consumers. Additionally, innovations such as digital printing and smart textiles are enhancing product offerings. 

  • For instance, in January 2025, Pottery Barn, portfolio brand of Williams-Sonoma, Inc., the world’s largest digital-first, design-led and sustainable home retailer, announced a new collaboration with the revered home furnishings company, Kravet. The prints and patterns Kravet, which were previously only available to the design trade, have been translated into an inspiring collection of tabletop, bedding, pillows, wall and window coverings, and decorative accessories. To create the collaboration, the Kravet and Pottery Barn design teams partnered closely on hand-selecting prints from the archive. These prints were recolored and reimagined to develop new fabrications, applications, and products.

Restraints:

Economic Fluctuations Can Hamper the Target Market Growth

Economic downturns can impact consumer spending on luxury items, including elegant textiles. Inflationary pressures may lead to selective spending, affecting overall aimed market growth. 

  • Counterbalance Statements: Although consumer expenditure on luxury goods may decline during economic downturns, past patterns indicate that during economic recovery, consumers frequently place a higher priority on fashion and home decor. As consumers look to improve their living environments, this flexibility may help steady the market for sophisticated fabrics.

Opportunities & Market Trends:

Growth in Technical Textiles to be the Major Opportunity for Market Expansion

  • The demand for technical textiles used in sectors such as healthcare, automotive, and construction is on the rise. Elegant textiles that combine functionality with aesthetic appeal can tap into this growing market segment.
  • For instance, in December 2024, Maharashtra Chief Minister instructed officials to enhance the state's textile sector. He urged the establishment of the Maharashtra Technical Textile Mission (MTTM) and the Maharashtra State Textile Development Corporation (MSTDC). Additionally, he highlighted the state's involvement in Bharat Tex 2025, which will be held in New Delhi. These directives were issued during a review of the Department of Rural Development and Panchayati Raj's 100-day action plan.

Elegant Textile Market Segmentations & Regional Insights

The elegant textile market is classified into product type, material, application, distribution channel, and region.

Product Type:

Elegant textile systems market by product type is categorized into (luxury bed linens elegant curtains, designer upholstery fabrics, decorative rugs, table linens, and others). The sector for luxury bed linens is anticipated to dominate elegant textile market share over the forecast period. This segment is a noteworthy subset of the larger home textile market, which is expanding rapidly as a result of growing customer preferences for upscale and opulent home décor products. 

Material:

By material, the elegant textile market is segmented into [natural fibers (cotton, silk, wool, linen, and others), synthetic fibers (polyester, nylon, acrylic, and others), Blended Fabrics, and Other Materials]. The segment that dominates the target market share among the given preferences is Natural Fibers. As natural fibers, are highly sought after for their comfort, breathability, and aesthetic appeal, which makes them a preferred choice in the elegant textile segment.

  • For instance, in January 2025, SilkyBerries is proud to unveil its newest addition: Grade 6A, 100% Mulberry Silk Luxury Pajamas for women and children. Combining the finest natural silk with meticulous craftsmanship, this collection is designed to redefine bedtime comfort and luxury for families globally.

Application:

By application, the target market is categorized into fashion and apparel, automotive interiors, home textiles, aerospace textiles, medical textiles, other applications. The fashion and apparel category is highlighted as the most prominent within the elegant textile market growth driven by the rising consumer expenditure on garments and accessories. The increasing demand for formal and casual wear, along with a growing interest in quick fashion and e-commerce platforms, further supports this dominance.

  • For instance, in September 2024, Union Minister of Textiles, launched the ‘VisioNxt Fashion Forecasting Initiative’ of National Institute of Fashion Technology (NIFT), a bilingual web portal and the India-specific Fashion Trend Book ‘Paridhi 24x25’. The event was also graced by the Union Minister of State for Textiles and External Affairs, and Textiles Secretary.

Distribution Channel:

By distribution channel, the elegant textile market is segmented into online retail, specialty stores, department stores, direct sales, and others. The online retail segment dominates elegant textile market share, which is driven by the increasing consumer shift towards digital platforms for convenience and broader selection of premium products. 

Region:

Geographically, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Asia Pacific: This region holds a commanding position in the elegant textile market growth, accounting for approximately 60%. Countries, such as China and India are key players, with robust manufacturing capabilities and a growing consumer base driving demand for elegant textiles. Further, the region's rapid industrialization, favorable government policies, and increasing disposable incomes contribute to its dominance.

  • For instance, in September 2024, Princess Diya Kumari Foundation (PDKF), aims to promote traditional Rajasthani crafts, from Gotapatti embroidery and fine needlework, to Rajasthan’s famous block printing. Everything in the store including beautiful kurta sets, jewelry, scarves, and other accessories is crafted by the women artisans. PDKF helps these women gain financial independence by marketing and selling their work to a global audience. They are also given opportunities to learn the craft and up skill for better opportunities.

North America: This region is recognized for its strong emphasis on innovation and sustainability within the textile industry. Additionally, the U.S., is a significant market due to high per capita spending on luxury goods and a growing interest in eco-friendly textiles. North America's focus on quality and design further establishes it as a fastest growing region in the target market growth.

Elegant Textile Market Size

Elegant Textile Market Report Scope:

Attribute

Details

Base year for estimation

2024

Forecast period

2025 – 2035

Market representation

Revenue in USD 131.0 Bn Billion & CAGR from 2025 to 2035

Regional scope

North America - U.S. and Canada

Europe – Germany, U.K., France, Russia, Italy, Spain, Netherlands, and Rest of Europe

Asia Pacific – China, India Japan, Australia Indonesia Malaysia, South Korea, and Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, and Rest of Latin America

Middle East & Africa – GCC, Israel South Africa, and Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segmentation:

By Type:

  • Luxury Bed Linens
  • Elegant Curtains
  • Designer Upholstery Fabrics
  • Decorative Rugs
  • Table Linens
  • Others

By Material:

  • Natural Fibres
  • Cotton
  • Silk
  • Wool
  • Linen
  • Others
  • Synthetic Fibres
  • Polyester
  • Nylon
  • Acrylic
  • Others
  • Blended Fabrics
  • Other Materials

By Application:

  • Fashion and Apparel
  • Automotive Interiors
  • Home Textiles
  • Aerospace Textiles
  • Medical Textiles
  • Other Applications

By Distribution Channel:

  • Online Retail
  • Specialty Stores
  • Department Stores
  • Direct Sales
  • Others

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Russia
    • Italy
    • Spain
    • Netherlands
    • Switzerland
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • Malaysia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Elegant Textile Market Competitive Landscape & Key Players

The market features several key players that contribute to its growth, including established textile manufacturers and emerging brands focused on innovative designs and sustainable practices. Some of the major key players operating in the elegant textile market include, Abraham Moon, Joshua Ellis, W T Johnson & Sons, and others.

  • For instance, in September 2024, Arvind Limited is excited to introduce their campaign with one of the main member of the erstwhile royal family of Udaipur, Rajasthan as the brand ambassador for Primanté. The campaign “Own Your Legacy, Own the Moment” highlights Primanté’s elegant fabrics for the modern wardrobe. The Primanté Collection, a collaboration with him, embodies Arvind Limited’s dedication to quality and innovation, merging India’s regal history with modern fashion elegance.

List of Key Players in the Market:

  • Abraham Moon
  • Joshua Ellis
  • W T Johnson & Sons
  • Sam Weller & Sons
  • Burberry
  • Alfred Brown
  • C & J Antich
  • Dugdale Bros & Co
  • AW Hainsworth
  • Camira Fabrics
  • Hield Brothers
  • Vardhman Textiles
  • Arvind Limited
  • Welspun India Limited
  • Raymond Limited

Elegant Textile Market Share

Elegant Textile Market Recent News

  • In June 2024, the private enterprise Türkmeni? rysgaly, located in the Wekilbazar district of Mary province, has launched the production of a new product cotton yarn from cotton fiber.
  • In July 2023, Nesterra, the pioneering premium home furnishings brand in the upholstery and drapery segment from the house of Sutlej Textiles & Industries Ltd. from the prestigious K.K.Birla Group, is proud to announce the launch of its newest set of collections at the Home Decor Expo 2023 (Mumbai). An amalgamation of traditional and contemporary aesthetics, the 12 new premium curtain & upholstery collections by Nesterra are where Nature, Unique Personalities, Style and Elegance harmoniously intersect. These collections are designed to match each one’s unique personality, something that would resonate with every individual.
  • In May 2021, Primark launched New Women’s Leisurewear Collection with Recycled Cotton Innovator Recover. The collection is certified by circular fashion company Recover, whose goal is to close the loop on fashion. Its innovative and unique recycling process cuts and shreds what was once considered waste into new and high quality fibers.

Analyst View:

Elegant textile market presents a promising landscape for growth driven by e-commerce expansion, sustainability initiatives, and technological innovation. Brands that adapt to changing consumer preferences and leverage these trends will be well-positioned to thrive in this competitive environment in upcoming years. Further, as the market evolves, continuous adaptation and innovation will be key for stakeholders aiming to capitalize on emerging prospects in the luxury textile sector.

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Elegant Textile Market Company Profile

Company Name

Camira Fabrics

Headquarter

Mirfield, U.K.

CEO

Alan Williams

Employee Count (2024)

501-1,000 Employees

FAQs

The market is segmented into product type, material, application, distribution channel, and Region.

Asia Pacific is expected to dominate the target market from North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

The key players operating the elegant textile market include Abraham Moon, Joshua Ellis, W T Johnson & Sons, Sam Weller & Sons, Burberry, Alfred Brown, C & J Antich, Dugdale Bros & Co, AW Hainsworth, Camira Fabrics, Hield Brothers, Vardhman Textiles, Arvind Limited, Welspun India Limited, and Raymond Limited.