Home Textiles Market to Notice Prominent Growth of USD 179.87 billion By 2030, Size, Share, Trends, Demand, Growth and Competitive Outlook

PRESS RELEASE
Published May 25, 2023

“The widespread  Home Textiles Market research report has been organized with most up-to-date insight and analysis to give maximum benefits to the Home Textiles Market industry. The report can be used by both established and new players in the industry for complete understanding of the market. Besides, this business report also includes historic data, present and future market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. The scope of Home Textiles Market analysis report involves industry research, customer insights, market sizing and forecast, competitive analysis, market entry strategy, pricing trends, sustainability trends, innovation trends, technology evolution, and distribution channel assessment.

All the data, statistics, and information collected in   Home Textiles Market report has been studied and analyzed with the demonstrated tools and techniques such as SWOT analysis and Porter’s Five Forces analysis. The industry report provides a profound overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, and gross margin. This market document acts upon systematic gathering, recording and analysis of data for the concerns linked to the marketing of goods and services and thereby serve the Home Textiles Market industry with an excellent market research report. Granular market information assembled in the first class Home Textiles Market report will be helpful to Home Textiles Market industry to take competent business decisions.

Home Textiles Market

 Home Textiles Market Analysis and Size

Growth and expansion in end-user verticals, for instance, hospitality and residential, together with the growing attentiveness regarding shifting inclinations of home-based interior decoration, is anticipated to influence the growth of the global home textiles market. The growing real estate sector and refining criteria of living style have caused an increased expenditure on the home-based interior. Moreover, altering inclinations in home-based furnishing are projected to surge the development of home textiles in upcoming years.

Data Bridge Market Research analyses that the home textiles market is expected to reach USD 179.87 billion by 2030, which was USD 119.90 billion in 2022, registering a CAGR of 5.20% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

Get a Sample PDF of Home Textiles Market Research  @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-home-textiles-market

Market Definition

Home textiles are textile products that are used to decorate or cover homes. Although synthetic materials can also be manufactured, home textiles are frequently constructed of natural fibers like cotton, wool, linen, or silk. Bed linens (sheets, quilts, and blankets), curtains and drapes (including blackout curtains), upholstery (cushion covers, pillows), tablecloths, and napkins are all examples of home textiles. A home can be made cozier and more welcoming by using home textiles. Also, well-made home textiles can survive for many years with the right maintenance.

Some of the major players operating in the home textiles market are:

  • Mannington Mills, Inc (U.S.)
  • Companhia de Tecidos Norte de Minas (Brazil)
  • Kurlon (India)
  • American Textile Company. (U.S.)
  • Leggett & Platt, Incorporated (U.S.)
  • Nitori Holdings Co., Ltd. (Japan)
  • Williams-Sonoma Inc. (U.S.)
  • MOHAWK INDUSTRIES, INC.. (U.S.)
  • American Signature, Inc. (U.S.)
  • Bombay Dyeing (India)
  • Vescom B.V. (Netherlands)
  • MITTAL INTERNATIONAL (India)
  • Kimball International Inc. (U.S.)

Global Home Textiles Market Dynamics

Drivers

  • Increasing  development of new buildings and single-person homes

The demand for home furnishings such as home textiles is increasing due to the rise in single-person homes and new construction in various places. For instance, the U.S. Census Bureau reported around 37.89 million single-person-led households in the country in 2022. There are now more single-person homes in the United States than there were a year ago, when roughly 36.5 million of them. As a result, the rapid construction of new structures and single-person dwellings raises demand for home textiles, which is anticipated to fuel market expansion.

  • Growing demand for bed linen and bedspread

The increasing demand for bed linen and bedspread will likely propel the market’s growth. Bed linen includes, among other things, bedspreads, blankets, mattresses, mattress covers, pillows, duvets, and bed covers. Bathrobes, towels, and bath mats are just a few examples of bath linen. As a result of the expansion of end-use industries such as hospitality and housing, urban consumers’ increasing fashion sensitivity towards home furnishings increase the demand for bed linen and bedspread and further boosts the market growth.

Opportunities

  • Growing penetration of smart devices

The home decor market will likely expand throughout the projected period due to the increasing use of smartphones and e-commerce. A smartphone is a handheld electronic device that provides access to the internet and a cellular network. Smartphones can be used to purchase products from online e-commerce websites related to home textiles, such as bed linen, bath linen, kitchen linen, upholstery, and floor. Therefore, the growing penetration of smart devices is expected to create lucrative opportunities for market growth.

  • Increasing demand for eco-friendly home furnishing

As a result of environmental concerns, people are becoming more interested in environmentally friendly products. Natural fibers are more environmentally friendly than synthetic fibers, so manufacturers all over the globe are developing products using them. Many aesthetically pleasing products are available, including bamboo furniture and wood drapes. Natural fibers are now being used instead of chemical colors by manufacturers. Hence, increasing demand for eco-friendly home furnishing will generate ample opportunities for market growth during the forecast period.

Access Full PDF Research Report @  https://www.databridgemarketresearch.com/reports/global-home-textiles-market

The home textiles market is segmented on the basis of product, material, fabric type, distribution channel, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Bed Linen and Bed Spread
  • Bath or Toilet
  • Kitchen Linen
  • Upholstery and Curtains
  • Floor

Material

  • Natural
  • Synthetic
  • Blended

Fabric Type

  • Buckram Fabric
  • Georgette Fabric
  • Sheeting Fabric
  • Casement Fabric
  • Others

 Distribution Channel

  • Specialty Stores
  • Supermarkets and Hypermarkets
  • Online
  • Other

Application

  • Family Used
  • Commercial Used

End-User

  • Residential
  • Commercial

Regions Covered in the Global  Home Textiles Market Report 2023:
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

The key questions answered in this Home Textiles Market Report:

  • What will be the  Home Textiles Market Size and Growth Rate in the forecast year?
  • What are the Key Factors driving Home Textiles Market?
  • What are the Risks and Challenges in front of the Home Textiles Market?
  • Who are the Key Vendors in Home Textiles Market?
  • What are the Trending Factors influencing the Home Textiles Market shares?
  • What are the Key Outcomes of Porter’s five forces model?
  • Which are the Global Opportunities for Expanding the Home Textiles Market?

Table of Contents

Global  Home Textiles Market Research Report 2023 – 2029

Chapter 1 Home Textiles Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Home Textiles Market Forecast

Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-home-textiles-market

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