Europe Luxury Fabric Market Size & Outlook, 2023-2030
Europe luxury fabric market, 2018-2030 (US$M)
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Europe luxury fabric market highlights
- The Europe luxury fabric market generated a revenue of USD 1,235.7 million in 2023.
- The market is expected to grow at a CAGR of 11.3% 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, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,235.7 million |
| Market revenue in 2030 | USD 2,622.3 million |
| Growth rate | 11.3% (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, Europe region accounted for 32.3% 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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Europe 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 65.78% in 2023. Horizon Databook has segmented the Europe luxury fabric market based on interior, exterior covering the revenue growth of each sub-segment from 2018 to 2030.
The growing number of hotel reservations across major tourist destinations in Europe is one of the key factors driving the regional luxury fabric market. The resurgence of travel in Europe since the pandemic is pushing hoteliers to renovate rooms and other spaces according to evolving customer needs.
The hotel industry in Europe is undergoing a major technological and luxury overhaul to adapt to new and innovative trends. Renovation activities in such spaces will likely drive the demand for luxury interior fabrics for décor and furnishings. According to the Centre for the Promotion of Imports from developing countries (CBI), a division of the Ministry of Foreign Affairs Netherlands, European imports for home decoration and home textiles (HDHT) increased strongly in 2021, with consumers' renewed interest in home improvement and renovation.
The mid to high-end market in Europe is relatively more lucrative as it avoids stiff competition from lower-end mass-producing markets like China. Germany, France, and the U.K. are among the leading European importers of home decoration and home textiles, with the Netherlands, Italy, and Spain also making notable contributions to the regional industry.
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Our clientele includes a mix of luxury fabric market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe luxury fabric market , including forecasts for subscribers. This continent databook contains high-level insights into Europe luxury fabric market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe luxury fabric market size, by country, 2018-2030 (US$M)
Europe Luxury Fabric Market Outlook Share, 2023 & 2030 (US$M)
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