Industry News for Home Textiles Shows They Are Growing and Being Used Internationally
Home Textile Industry News discusses the many promising new trends in the sector. India’s home textile sector is predicted to expand by 6–8% in FY25 thanks to high demand within the country and growing export opportunities. Revenues at top companies have risen and Welspun Living saw a 15.5% rise in its sales in the latest quarter.
Latest updates in the Home Textile Industry News include calls from trade groups for updates to policies on importing equipment, meant to increase industry development. Throughout the globe, the new Free Trade Agreement between India and the UK is expected to almost double India’s home textile trade over the following five years.
It is noted by Home Textile Industry News that the global market is expanding, with revenue expected to reach more than $70 billion by 2029. As innovation and sustainability influence the market, the news from the Home Textile Industry helps leaders keep up with upcoming trends.