Home Textiles Market Analysis by Size, Share, Growth Opportunities and Trends 2021 – 2025

26th Feb 2021 - With reference to the report published by the experts the scope of the global Home Textiles Market was appreciated at US$ 94.73 billion in 2018. It is estimated to touch US$ 133.4 billion during the forecast period with a CAGR of 5.01% during the period of 2019 to 2025.

Development in end-use segments, for example residential and hospitality, together with the increasing attentiveness regarding altering inclinations of home-based interior decoration is expected to motivate the global home textiles industry. Increasing sector of real estate and refining criterions of living style have caused in an augmented expenditure on homebased beautification and interior. Similarly, this expected to be one of the important features boosting the development during the years of forecast. Furthermore, altering inclinations in home-based furnishing is estimated to additionally increase the development for home textiles.

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In 2018, North America was the biggest local market and is projected to uphold the supremacy during the period of forecast. Nations, for example India, China, the U.K., the U.S.A and Germany, observed an augmented demand for home textiles owing to growth in per head earnings and speedy development. In 2017, in the U.S.A, the normal spending on home textile was US$ 115. Furthermore, better number of retail openings and online portals are backing to the development of the market for home textiles.

There are numerous issues motivating the global home textile market. Increasing concentration by governments and promising supervisory strategies are likely to be one of the most important motives for the development. Such type of backing has come across with growth in funds within the market. It is additionally boosting the development. Improvement in inclinations of style and thoughtfulness concerning domestic furnishing is furthermore projected to enhance the development.

Home Textiles Product Outlook (Revenue, USD Billion, 2015 - 2025)

    • Bedroom Linen

    • Bathroom Linen

    • Carpets and Floor Coverings

    • Others

Home Textiles Distribution Channel Outlook (Revenue, USD Billion, 2015 - 2025)

    • Retail Outlets

    • Online

Some of the important companies for home textiles market are: Hunan Mendale Home textile Company Ltd., Shanghai Hometex, Trident Group, Ralph Lauren Corporation, Springs Global, Honsun Home Textile Co.LTD, Marvic Textiles, Shenzhen Fuanna, New Sega Home textiles and Wels pun Group.

Additional notable companies are: Luolai Home Textile Co. Ltd., American Textile Company Inc., Sun vim Group Co. Ltd., Bed Bath & Beyond Inc., Headlam Group, Tapis Saint, Shaw Industries, Maclou, Mohawk Industries Inc. and Bombay Dyeing.

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Home Textiles Regional Outlook (Revenue, USD Billion, 2015 - 2025)

    • North America

        • U.S.

    • Europe

        • U.K.

        • Germany

    • Asia Pacific

        • China

        • India

    • Central & South America

    • Middle East & Africa

 

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