Asia Pacific Luxury Fabric Market Size & Outlook
Asia Pacific luxury fabric market, 2018-2030 (US$M)
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Asia Pacific luxury fabric market highlights
- The Asia Pacific luxury fabric market generated a revenue of USD 1,207.6 million in 2023.
- The market is expected to grow at a CAGR of 15.1% from 2024 to 2030.
- In terms of segment, interior was the largest revenue generating type in 2023.
- Exterior is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,207.6 million |
| Market revenue in 2030 | USD 3,236.7 million |
| Growth rate | 15.1% (CAGR from 2023 to 2030) |
| Largest segment | Interior |
| Fastest growing segment | Exterior |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Interior, Exterior |
| Key market players worldwide | Sanderson Design Group PLC Ordinary Shares, Castellum AB, Lvmh Moet Hennessy Louis Vuitton SE, Ermenegildo Zegna NV, Jim Thompson Fabrics, Pierre Frey, The Romo Group, Kravet, Perennials and Sutherland, De Le Cuona |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 31.6% of the global luxury fabric market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,236.7 million by 2030.
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Luxury Fabric Market Scope
Luxury Fabric Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific luxury fabric market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to luxury fabric market will help companies and investors design strategic landscapes.
Interior was the largest segment with a revenue share of 62.85% in 2023. Horizon Databook has segmented the Asia Pacific luxury fabric market based on interior, exterior covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific’s luxury fabric market growth is influenced by collaborations between upholstery and luxury fabric manufacturers. China, India, and Japan are key markets in Asia Pacific, witnessing a rising demand for luxury fabric due to the increasing household disposable income and the growing trend of home interiors and décor.
International brands are entering the Asia-Pacific market to cater to the demand for luxury fabrics, with companies like E.S. Kluft & Company and Frette expanding their presence in Chinese cities like Shanghai and Beijing.
On the other hand, the growing demand for home renovation products, especially among millennials and Gen Xers, is driving the need for luxury fabrics for interiors, including curtains, in India. Establishments like hotels and offices with spacious interiors demand functional and durable fabrics, which will contribute to the market growth.
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Target buyers of Asia Pacific luxury fabric market databook
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Our clientele includes a mix of luxury fabric market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific luxury fabric market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific luxury fabric market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific luxury fabric market size, by country, 2018-2030 (US$M)
Asia Pacific Luxury Fabric Market Outlook Share, 2023 & 2030 (US$M)
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