The article cited AMA's Global Household Textile Market Study explored substantial growth with CAGR of 5.04%. According the report, Increased Demand for Handwoven Home Textile is one of the primary growth factors for the market. Changing Lifestyle of Consumers and Urge to Decorate and Furnish the House
is also expected to contribute significantly to the Household Textile market. Overall, applications of Household Textile, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Welpson Group (India), Bed Bath & Beyond Inc. (United States), Dicitex (India), Loftex China Ltd. (China), Luolai Home Textile (China), American Textile Company Inc. (United States), Trident Group (India), Sunvim Group (China), Evezary (South Korea) and Franco Manufacturing Company (United States) may see astonishing sales in this Market and certainly improve revenue growth.
The Fabric type, such as Buckram Fabric, is boosting the Household Textile market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Material, such as Natural, is boosting the Household Textile market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Distribution channel, such as Specialty Stores, is boosting the Household Textile market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Household Textile market identified that the demand is rising in many different parts of the world as "Increasing Investments by Major Regional Players
". Furthermore, some recent industry insights like "In Janaury 2023, BKS Textiles has emerged as one of the most instantly recognised names in the home textiles segment. The company with its headquarters at Palladam near Coimbatore works with leading home textile brands in the US, UK, Australia, Canada and Japan. The company is all set to launch its ‘Ekoscious’ bedding brand at Heimtextil" is constantly making the industry dynamic. One of the challenges that industry facing is "High Costs of Logistics and High Competition among the Major Players"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Household Textile market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Household Textile market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Household Textile market tight? Which application/end-user category or Product Type [Bed Linen, Bath Linen, Kitchen Linen, Table Linen, Upholstery and Floor] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Household Textile market and other related sub-markets covered in the study.
o Key & emerging players in the Household Textile market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Household Textile market size is calculated using market estimation process, the Household Textile market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Household Textile market size has been validated using both top-down and bottom-up approaches.