About Household Textile
Household textiles are the textiles which are used in domestic interiors apart from the furnishing fabrics. These are frequently referred to as soft furnishing. These includes items such as bath and dish towels, table linens, shower curtains, and bathroom ensembles. In addition, it includes sheets, pillowcases, mattresses, blankets, comforters, and bedspreads. Most of the items are used in hotels, motels, showrooms, retail store, restaurants, and other commercial establishments. Moreover, both natural as well as artificial fabrics are used for manufacturing.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.04% |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Household Textile market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Household Textile market by Type (Bed Linen, Bath Linen, Kitchen Linen, Table Linen, Upholstery and Floor) and Region.
On the basis of geography, the market of Household Textile has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Fabric type, the sub-segment i.e. Buckram Fabric will boost the Household Textile market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Natural will boost the Household Textile market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution channel, the sub-segment i.e. Specialty Stores will boost the Household Textile market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Demand for Handwoven Home Textile
Market Growth Drivers:
Changing Lifestyle of Consumers and Urge to Decorate and Furnish the House and Rising Disposable Income
Challenges:
High Costs of Logistics and High Competition among the Major Players
Restraints:
Availability of Counterfeit Products
Opportunities:
Increasing Investments by Major Regional Players and Rapid Urbanization is Boosting the Market Growth
Market Leaders and their expansionary development strategies
In November 2023, Valdese Weavers, a producer of decorative textiles in the United States for residential and contract markets, has partnered with global recycled cotton fiber producer, Recover, to transform the home textile industry. The two innovative textile leaders, both at different stages of the supply chain, intend to capitalize on their combined expertise to drive the use of sustainable materials in the industry.
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
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations, Distributors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.