GLOBAL HOME TEXTILE MARKET GROWTH FORECAST FLEXIBLE WOVEN MATERIALS NATURAL FIBERS ARTIFICIAL FIBERS THREAD YARN WEAVING KNITTING CROCHETING SOFT FURNISHINGS LINENS TOWELS TABLECLOTHS BEDDING CARPETS DRAPERIES UPHOLSTERY FABRICS GLOBAL
PUNE, MAHARASHTRA, INDIA
August 17, 2023 | 225 5 minutes read
The Global Home Textile market is on an upward trajectory, set to witness significant growth between 2023 and 2030. Characterized by flexible woven materials and encompassing various fibers, the market is driven by key players' strategic initiatives. This growth extends to both residential and commercial applications, transforming spaces with comfort and style. With notable leaders and diverse product offerings, the Home Textile market's expansion continues to redefine modern living. This insight is derived from a comprehensive report by 360 Research Reports.
Short Description About Home Textile Market:
The Global Home Textile market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2030. In 2022, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Home Textile is a flexible woven material consisting of a network of natural or artificial fibres often referred to as thread or yarn. Yarn is produced by spinning raw fibres of wool, flax, cotton, or other material to produce long strands. Textiles are formed by weaving, knitting, crocheting, knotting, or pressing fibres together.
Household textiles, frequently referred to as soft furnishings, are fabrics used in the home. They include items frequently classified as linens, such as bath and dish towels, table linens, shower curtains, and bathroom ensembles. Related items include sheets, pillowcases, mattresses, blankets, comforters, and bedspreads. In addition, textile products contributing to the atmosphere and comfort of the home include rugs and carpeting, draperies, curtains, and upholstery fabrics.
Most of these items are also used in hotels and motels, and many are used in offices, showrooms, retail stores, restaurants, recreational facilities, and various other commercial establishments.
Global Home Textile key players include Shaw Industries, Mohawk, Welspun India Ltd, Springs Global, etc.
China is the largest market, with a share about 30%, followed by Europe, and North America, both have a share about 35 percent.
In terms of product, Bedding is the largest segment, with a share nearly 40%. And in terms of application, the largest application is Family Used, followed by Commercial Used.
Market Analysis and Insights: Global Home Textile Market
In 2020, the global Home Textile market size was USD 158280 million and it is expected to reach USD 194570 million by the end of 2027, with a CAGR of 3.0% during 2021-2027.
What are the factors driving the growth of the Home Textile Market?
Growing demand for below applications around the world has had a direct impact on the growth of the Home Textile
Family Used
Commercial Used
What are the types of Home Textile available in the Market?
Based on Product Types the Market is categorized into Below types that held the largest Home Textile market share In 2022.
Bedding
Curtain and Blind
Carpet
Towel
Kitchen Linen
Blanket
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Which regions are leading the Home Textile Market?
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)