The handloom product market is projected to be valued at US$ 8,190.1 million in 2024 and is expected to rise to US$ 18,179.1 million by 2034. The global handloom product market is expected to evolve at a CAGR of 8.30% during the forecast period.

Attributes	Key Statistics
Expected Base Year Value (2024)	US$ 8,190.1 million
Anticipated Forecast Value (2034)	US$ 18,179.1 million
Estimated Growth (2024 to 2034)	8.30%

Historical Analysis of the Handloom Product Market

Attributes	Key Statistics
Market Value (2019)	US$ 6,237.1 million
Market Value (2023)	US$ 7,697.4 million
Estimated Growth (2019 to 2023)	5.40%

Category-wise Insights

Attributes	Details
Product Type	Sarees
Market Share	35.20%

Attributes	Details
Material Type	Cotton
Market share	36.70%

Country-wise Insights

Countries	CAGR
India	11.10%
Australia	9.50%
China	8.40%
Germany	7.60%
The United States	5.90%

The global handloom product market, encompassing a diverse range of applications from apparel and accessories to home furnishings, is experiencing robust growth. Driven by increasing consumer demand for sustainable and ethically produced goods, coupled with a resurgence of interest in traditional craftsmanship and unique designs, the market is projected to maintain a healthy Compound Annual Growth Rate (CAGR). The market's segmentation reveals significant opportunities across various applications (cotton, silk, linen, wool) and product types (sarees, apparel, bedding, carpets, rugs). India, with its rich handloom heritage and large number of artisans, currently holds a dominant market share, followed by other regions such as South Asia and parts of Europe and North America where there is growing interest in these artisanal products. Key players in the market are a mix of large established brands and smaller artisan collectives, reflecting the diverse nature of the industry and its varied supply chains. This dynamic marketplace sees the rise of e-commerce platforms and digital marketing, facilitating greater accessibility for both producers and consumers. Future growth will depend on continued promotion of handloom products as sustainable alternatives, effective supply chain management to ensure fair wages and quality control, and fostering creative collaborations between traditional artisans and contemporary designers. Further growth is anticipated due to factors such as the increasing popularity of sustainable and eco-friendly products, rising disposable incomes in developing economies, and a growing appreciation for unique, handcrafted items among consumers seeking authenticity and individuality in their purchases. However, challenges remain, including competition from mass-produced textiles, fluctuations in raw material prices, and the need to preserve traditional skills and techniques while adapting to evolving consumer preferences and technological advancements. The success of individual players hinges on their ability to balance heritage with innovation, ensuring the sustainability and profitability of this traditional craft industry while remaining competitive within the broader textile market. The market is expected to see continuous expansion into new markets and product categories, driven by innovative designs and effective marketing strategies.

The Handloom Products Market size was valued at USD 7.29 USD Billion in 2023 and is projected to reach USD 12.83 USD Billion by 2032, exhibiting a CAGR of 8.41 % during the forecast period. The handloom products are those in which the textile products are being woven using advanced weaving techniques which make them attractive and also have cultural value. These products cover various articles, from garments to bags and interiors. All of the pieces gained a vintage appeal by being woven by hand by generations of skilled artists. There are abundant variations of handloom products based on the region of manufacture and the methods used. This includes sarees, scarves, shawls, and blankets; each having different patterns, colors and compositions that tell the story of its origin. The time taken to construct handloom products is considered in terms of the level of quality and finish of the products. They are usually deeply worked in nature motifs, folk art or ethnic symbols thus bringing something special and somewhat authentic to any interior. They have extensive uses in daily activities ranging from dressing to formal events and decoration. Its versatility and continuous popularity make it a popular choice for fashion lovers and collectors as well as interior designers. Handloom products have many values that are beyond their beautiful view. They provide for sustainable development as they encourage the local craftsmen and keep the ancient things alive. Recent developments include: August 2023: In order to digitize the handloom and handicraft sector in North East India, Tide, UK's SME-focused business financial platform, entered into a MoU with North Eastern Handicrafts and Handlooms Development Corporation (NEHHDC). As part of the one-year-long partnership, the company is set to amplify scalability, financial inclusion, and market reach for the community of nearly 2.1 million handloom weavers and 3.5 handicraft artisans across 800 clusters in Northeast India., August 2023: E-commerce platform Flipkart collaborated with the government of Gujarat on National Handloom Day through a MoU with the Commissioner of the Cottage and Rural Industries, the government of Gujarat, under the Flipkart Samarth program. This partnership aims to digitize local businesses, emphasizing the development of crafts in every district and making concerted efforts to revive struggling crafts within the state., July 2023: The Central Cottage Industries Corporation of India Ltd. (CCIC) collaborated with Open Network for Digital Commerce (ONDC) to provide handicraft and handloom-products to the online consumer base. This campaign provided a 30% discount as a part of the ‘Mega Sale’ promotional activity on handicraft and handloom-products as a debut to promote traditional Indian art, craft, and craft persons., March 2022: Maati by Neha Kabra collaborated with technical and design consultant and handloom specialist Fatima Radiowala and The Handloom Project to create a sustainable womenswear collection. The brand’s new collaborative collection, named ‘Summer Sorbet,’ features pastel stripes, relaxed silhouettes, and summery separates and is the label’s first collaboration with The Handloom Project.. Key drivers for this market are: Growing Demand for Bath Towels from End-use Industries to Propel the Market Growth. Potential restraints include: Weavers Moving Away from Profession Due to Lack of Provisions and Income Impede Market Growth. Notable trends are: Launch of Vegan Cosmetic Product Lines by Celebrities to Augment Market Progress.

BASE YEAR	2024
HISTORICAL DATA	2019 - 2024
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
MARKET SIZE 2023	30.94(USD Billion)
MARKET SIZE 2024	32.01(USD Billion)
MARKET SIZE 2032	42.0(USD Billion)
SEGMENTS COVERED	Silk Type, Production Method, Grade, Application, Regional
COUNTRIES COVERED	North America, Europe, APAC, South America, MEA
KEY MARKET DYNAMICS	Rising demand for sustainable textiles Technological advancements in silk production Growing awareness of health benefits Increasing adoption in luxury fashion Fluctuating raw silk prices
MARKET FORECAST UNITS	USD Billion
KEY COMPANIES PROFILED	Hong Kong King's Silk Group Holdings, Suzhou Simatex Group, Texhong Textile Group, Shengze Tianyuan Silk, Wuxi Silk Fashion, Shandong Ruyi Group, Yuhua Group, Anhui Silk Holdings, Jiangsu Silk Holdings, Zhejiang Tianli Group, Shengze Silk Textile Group, Zhejiang Gusu Silk, Guangzhou Silk Industrial Company, Dickson Poon Silk Holdings
MARKET FORECAST PERIOD	2025 - 2032
KEY MARKET OPPORTUNITIES	Growing demand from luxury fashion industry Expanding applications in medical and technical textiles Increasing government support for sericulture Rising popularity of ecofriendly and sustainable textiles Technological advancements in silk production
COMPOUND ANNUAL GROWTH RATE (CAGR)	3.46% (2025 - 2032)

According to Cognitive Market Research, the global Loom Machine Market size will be USD 5562.4 million in 2025. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2025 to 2033.

North America held the major market share for more than 37% of the global revenue with a market size of USD 2058.09 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.8% from 2025 to 2033.
Europe accounted for a market share of over 29% of the global revenue with a market size of USD 1613.10 million.
APAC held a market share of around 24% of the global revenue with a market size of USD 1334.98 million in 2025 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2025 to 2033.
South America has a market share of more than 3.8% of the global revenue with a market size of USD 211.37 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.0% from 2025 to 2033.
Middle East had a market share of around 4.00% of the global revenue and was estimated at a market size of USD 222.50 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.3% from 2025 to 2033.
Africa had a market share of around 2.20% of the global revenue and was estimated at a market size of USD 122.37 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2025 to 2033.
Water Jet Loom category is the fastest growing segment of the Loom Machine industry.

Market Dynamics of Loom Machine Market

Key Drivers for Loom Machine Market

Increased Employment Opportunities to Boost Market Growth

Historically, there have been many jobs in this industry, which has shown great promise. The second-largest employer after agriculture is the loom market. The market's success can be attributed in part to the continuous availability of inexpensive labor and the abundance of raw resources. Generations of employees have been inspired to develop ever-better machinery and deliver ever-better customer service by the company's history of prioritizing innovation, quality, performance, and customer service. They are the main factors driving the market's expansion. Certain procedures have been fully automated. While labor savings are the primary advantage of automation in weaving machinery, it also helps to enhance quality and precision while saving energy and resources. For example, because they provide more control over the weaving process, including tension, speed, and pattern complexity, computerized looms, such as those made by Toyota Industries Corporation, have essentially supplanted traditional looms. Manufacturers can create more intricate and superior materials more quickly thanks to this degree of control, which fuels the rising demand for sophisticated looms.

Increased production efficiency and speed to Boosts the Need for Advanced Loom Machine to Boost Market Growth

The greatest option for making large quantities of inexpensive fabrics in a range of styles is the air-jet loom. An air-jet one can employ continuous filament yarns as well as spun yarns (natural, synthetic, or blended). Textured yarns are especially suitable for air-jet weaving because of their strong propulsive power. Nevertheless, monofilament yarn is not advised for air-jet weaving because of the low air-to-yarn friction brought on by its flat surface. Numerous materials, such as gauze, thick, heavy cotton, patterned dress textiles, and ribbon fabrics, can be woven on air-jet weaving machines. Air-jet weaving is also a suitable fit for the production of fragile glass fabrics. Specially designed air-jet weaving machines are used to produce tire cords with tuck-in selvage in plain weave.

Restraint Factor for the Loom Machine Market

Lack of workers of Loom Machine, Will Limit Market Growth

The necessity of constant technological advancements to be competitive is one of the main issues facing the weaving loom market. To stay up with industry standards, one must regularly invest in new equipment and training due to the quick speed of technical changes. The need for skill development and a lack of workers are issues facing the handloom industry. Despite having a large workforce, the industry is increasingly in need of experienced individuals to operate complex weaving machinery. Government organizations and business leaders must collaborate to provide incentives, materials, and training that encourage the adoption of new technologies and the development of c...

Production of yarn in India amounted to over five billion kilograms in the fiscal year 2023. The volume of yarn produced has consistently increased since the fiscal year 2011. For the same year wholesale price index (WPI) for cotton yarn was 149.4, which was an increase compared to the previous year.

Textile industry in India 

The textile and apparel industry contributed about five percent to India’s GDP. India is the world’s sixth-largest exporter of textiles and apparel. It was also the second-largest employer after agriculture. About 12 percent of the export earnings also came from this sector. In addition, the country was the second-largest exporter of textile yarn worldwide in 2022. In fiscal year 2022, the export value of cotton spun yarn amounted to 5.5 billion U.S. dollars from India. Ready-made garments of cotton had the largest value, worth over nine billion U.S. dollars in exports in 2023.

 Diversifying into the digital age 

With strengths ranging from traditional handloom, handicrafts, hand-spun, wool as well as silk products, the industry was estimated to reach over 220 billion U.S. dollars. The growth of organized retail and e-commerce with an increased focus on technical textiles is likely to propel the industry towards the anticipated growth direction.

Ethnic Wear Market Outlook

According to our latest research, the global ethnic wear market size reached USD 81.2 billion in 2024, reflecting a robust and sustained demand for traditional apparel across diverse regions. The market is projected to grow at a CAGR of 7.9% during the forecast period, with the total value expected to reach USD 163.3 billion by 2033. This expansion is fueled by increasing cultural appreciation, rising disposable incomes, and the growing influence of fashion trends that blend traditional and contemporary styles worldwide.

The growth trajectory of the ethnic wear market is underpinned by a confluence of cultural, economic, and social factors. The resurgence of cultural pride and the celebration of traditional festivals and ceremonies have significantly contributed to the rising popularity of ethnic wear globally. Urbanization and the increasing participation of younger demographics in cultural events have also played a pivotal role. Furthermore, the integration of ethnic elements into mainstream fashion has created a broader appeal, making ethnic wear not just a seasonal or occasional choice, but a staple in everyday wardrobes. The proliferation of social media and digital platforms has amplified the visibility of ethnic fashion, allowing designers and brands to reach a global audience and foster cross-cultural exchanges.

Another critical growth factor is the evolution of retail channels, particularly the rapid expansion of e-commerce and online marketplaces. These platforms have made ethnic wear more accessible to consumers worldwide, breaking down geographical barriers and offering a wide array of choices. Customization and made-to-measure services available online have further enhanced the consumer experience, catering to individual preferences and body types. The convenience of online shopping, coupled with secure payment gateways and efficient logistics, has encouraged more consumers to explore and purchase ethnic wear, driving market growth across both urban and rural landscapes.

Sustainability and ethical fashion have also emerged as influential trends shaping the ethnic wear market. Consumers are increasingly seeking products made from organic, eco-friendly, and locally sourced materials, prompting brands to incorporate sustainable practices in their supply chains. The preference for handloom, artisanal, and handcrafted ethnic wear is on the rise, as buyers become more conscious of supporting local artisans and preserving traditional crafts. Governments and non-profit organizations are also playing a role by promoting indigenous textiles and crafts, further fueling the demand for authentic ethnic wear. This shift towards sustainability is not only enhancing the market’s appeal but also ensuring its long-term viability.

Regionally, the Asia Pacific dominates the ethnic wear market, accounting for over 62% of global revenue in 2024, driven by the cultural diversity and large population base in countries such as India, Pakistan, Bangladesh, and China. North America and Europe are witnessing steady growth as well, propelled by multiculturalism, diaspora communities, and the increasing adoption of ethnic wear in mainstream fashion. The Middle East and Africa are also emerging as lucrative markets, with a growing appreciation for traditional attire and investments in textile manufacturing. Latin America, though smaller in share, is expected to register a notable CAGR due to rising disposable incomes and cultural festivities. This regional dynamism underscores the global appeal and enduring relevance of ethnic wear in the contemporary fashion landscape.

Product Type Analysis

The ethnic wear market is segmented by product type into sarees, salwar kameez, lehenga choli, kurta/kurti, sherwani, dhoti, and others, each contributing uniquely to the market’s diversity and growth. Sarees remain a cornerstone of the women’s ethnic wear segment, particularly in South Asian countries. The saree segment is characterized by a wide array of regional variations, fabrics, and weaving techniques, wh

In financial year 2021, the market size of saree, blouse, and petticoat amounted to *** billion Indian rupees in India. In comparison, the market size of lehenga set, Indian dresses, and gowns, and others was **** billion rupees during the same year.