Home Textile Market Insights on Scope and Growing Demands.


Posted December 29, 2023 by pujammr

The Home Textile Market size is valued at USD 121.52 Billion and is forecasted to grow at a CAGR of 5.6% from 2023 to 2029, reaching nearly USD 177.94 Billion.
 
Home Textile Market Overview:

With an emphasis on worldwide market trends and data, the “Global Home Textile Market Analysis” provides a thorough and specialised overview of the Home Textile industry. The purpose of this study is to present a thorough market segmentation by connection type, end-use, and geography in addition to a general overview of the Home Textile industry. The market for Home Textiles is anticipated to expand significantly during the course of the forecast period. Important information about the market shares of the top Home Textile companies as well as pertinent market trends and opportunities are included in the analysis.

Home Textile Dynamics:

There are multiple variables driving the growth and expansion of the home textile market. Consumers' rising disposable income is one of the main factors. People are more inclined to spend money on high-quality home textile products to improve their living environments as they have more disposable income. For instance, current data indicates that over the past few years, consumer expenditure on furnishings and home décor has increased in nations like the United States and Germany due to consistently rising per capita disposable income.

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Market Segmentation:

by Raw Materials
Natural Materials
Synthetic Materials
Blended Materials
Others

Based on raw materials, the home textile market is divided into blended materials like rayon and polyester, natural materials like cotton, silk, linen, and wool, and other materials like bamboo, hemp, jute, and recycled fibres. Synthetic materials include polyester, nylon, acrylic, and polypropylene. The Home Textile Market uses a lot of natural materials, especially cotton, among these categories. Because it is breathable, comfortable, and sustainable, cotton is a popular option for anyone looking for eco-friendly and organic home textiles.

by Product Type
Bedding
Bath linen
Kitchen linen
Curtains and blinds
Rugs and carpets
Upholstery fabrics
Others

The Home Textile Market is divided into segments according to product category, including bedding, bath and kitchen linens, curtains and blinds, rugs and carpets, and upholstery textiles. Bedding, which includes comforters, pillowcases, and bed sheets, has a sizable market share among these categories. The increasing emphasis on creating cosy and attractive bedroom spaces is one of the elements driving the demand for bedding products. Furthermore, there is a growing market for creative and environmentally responsible bedding solutions, like those composed of performance or organic textiles that provide improved comfort, longevity, and environmentally beneficial qualities.

Given that people are increasingly looking for opulent, spa-like experiences at home, bath linen, which includes towels and bathrobes, is another market category with significant potential. Given the increasing focus on wellness and self-care, the bath linen market.

by Fabric Type
Buckram fabric
Georgette fabric
Sheeting fabric
Other fabric

The home textile market is divided into sections according to the types of fabrics used, including sheeting, georgette, and buckram. Buckram fabric is frequently used to provide solidity and structure to upholstery, draperies, and curtains, among other home textile products. Conversely, sheer and lightweight georgette fabric gives curtains and other decorative accents a refined and airy appearance. Because of its softness and durability, sheeting fabric—typically composed of cotton or cotton-polyester blends—is frequently used to make bed sheets and pillowcases. Furthermore, the market includes a range of additional fabric types that are used for upholstery, carpets, ornamental pillows, and bath linens, including chenille, velvet, jacquard, and terry cloth. Sheeting fabric is one of these categories that is frequently used in homes.

by End-User
Residential customers
Commercial establishments

The Home Textile Market provides end-user-focused services to both residential and commercial clients. The majority of the market is made up of residential customers who want to improve the comfort and attractiveness of their homes. Subcategories of the residential segment, namely urban dwellings, suburban households, and rural residences, demonstrate discernible preferences that stem from factors such as cultural influences, lifestyle preferences, and economic levels. Hotels, resorts, eating areas, hospitals, and other hospitality and healthcare facilities that need home textile items for guest rooms, dining areas, and other facilities are included in the commercial segment. The commercial market frequently looks for goods that are easy to maintain, long-lasting, and compliant with industry requirements.

by Distribution Channel
Offline Channels
Online Channels

According to the distribution channel, there are several ways to purchase home textile products, including online and offline avenues. For customers who would rather touch and feel items before making a purchase, department stores, specialty shops and home furnishings stores continue to be popular offline retail outlets. Nonetheless, the convenience and increased product range provided by e-commerce platforms have contributed to the notable rise of the online retail sector in recent years. Direct-to-consumer firms, up-and-coming businesses, and well-established corporations can all access a wider audience of consumers through online platforms.

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Market Scope:

The study employs a PESTLE analysis to assess the advantages and disadvantages of the top competitors in the market. To effectively anticipate the market and give investors knowledgeable guidance on changes in the industry, the researcher thoroughly examines the size, share, trends, total profits, gross revenue, and profit margin of the Home Textile market.

The research also contains company profiles, product pictures and specifications, capacity, production, cost, revenue, and contact details of the top players in the global Home Textile market. This study examines the trends, volume, and value of the Home Textile market at the global, regional, and company levels. This study investigates the global market size for Home Textile by looking at forecasts and historical data.

Regional Analysis:

The Home Textile study goes into great detail about the market area, which is divided into sub-regions and countries. Profit estimates as well as market share in each country are included in this portion of the research. This section of the report examines the share and growth rate of each region, country, and sub-market region during the forecasted period.

After assessing political, economic, social, and technical variables affecting the Home Textile market in various regions, the research presents a comprehensive PESTLE analysis for all five regions: North America, Europe, Asia

Pacific, Middle East and Africa, and South America.

Home Textile Market Key Players:

Major breakthroughs in the Home Textile industry are discussed, as well as organic and inorganic growth plans. Various companies are focusing on organic growth strategies such as new product releases, product approvals, and other items such as patents and events. Inorganic growth strategies used in the industry included acquisitions, partnerships, and collaborations. Industry participants in the Home Textile market are projected to benefit from strong growth opportunities in the future as a result of growing demand. A few companies active in the Home Textile industry are listed below.

1. Welspun India Ltd.
2. Springs Global
3. Mannington Mills, Inc (U.S.),
4. Companhia de Tecidos Norte de Minas (Brazil)
5. Kurlon (India)
6. American Textile Company. (U.S.)
7. Leggett & Platt, Incorporated (U.S.)
8. Nitori Holdings Co. Ltd. (Japan)
9. Williams-Sonoma Inc. (U.S.)
10. MOHAWK INDUSTRIES, INC. (U.S.)
11. American Signature, Inc. (U.S.)
12. Bombay Dyeing (India)
13. Vescom B.V. (Netherlands)
14. MITTAL INTERNATIONAL (India)
15. Kimball International Inc. (U.S.)

COVID-19 Impact Analysis on Home Textile Market:

As a result of the COVID-19 outbreak, customer behaviour has changed in all spheres of society. Industries, on the other hand, will have to adjust their strategies to accommodate changing market supplies. This study will help you build your company in compliance with the new industry standards by providing an overview of the COVID-19’s impact on the Home Textile market.

The Home Textile Market Report includes a 360-degree overview of the COVID-19 pandemic, including the flexible supply chain, import and fare control, provincial government policies, and future influence on the company. The market situation (2024-2030), venture rivalry example, advantages and disadvantages of huge business products, industry development patterns (2024-2030), territorial modern format characteristics and macroeconomic approaches, and mechanical arrangement have all been included in itemized research.

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Key questions answered in the Home Textile Market are:

What is Home Textile?
What was the Home Textile market size in 2024?
What is the growth rate of the Home Textile Market?
Which are the factors expected to drive the Home Textile market growth?
What are the different segments of the Home Textile Market?
What growth strategies are the players considering to increase their presence in Home Textile?
What are the upcoming industry applications and trends for the Home Textile Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Home Textile Market?
What major challenges could the Home Textile Market face in the future?
What segments are covered in the Home Textile Market?
Who are the leading companies and what are their portfolios in Home Textile Market?
What segments are covered in the Home Textile Market?
Who are the key players in the Home Textile market?
Key Offerings:

Past Market Size and Competitive Landscape (2019 to 2023)
Past Pricing and price curve by region (2019 to 2023)
Market Size, Share, Size & Forecast by different segment | 2024−2030.
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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Issued By Puja
Phone 09607365656
Business Address pune
Pune Banglore Highway, Narhe,
Country India
Categories Consumer
Last Updated December 29, 2023