Industry Outlook of Safe Enterprises Retail Fixtures IPO
As of 2023, commercial interior design accounts for approximately 75% of the total market share in its category.
This segment is also experiencing one of the highest growth rates, supported by the rise in India's commercial real estate sector.
The textiles manufacturing index for June 2024 stands at 106.
The global apparel market is projected to grow at a compound annual growth rate (CAGR) of about 8%, reaching an estimated value of US$ 2.37 trillion by 2030.
The global trade in textiles and apparel is anticipated to grow at a CAGR of 4%, with a potential size of US$ 1.2 trillion by 2030.
India’s home textile industry is expected to grow at a CAGR of 8.9%, increasing from US$ 10.78 billion in 2023 to US$ 23.32 billion in 2032.
The Indian technical textile market shows potential for around 10% growth, with current penetration estimated at 9–10%, and ranks fifth globally in market size.
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