A recent research released by CoherentMI claims that The home textile industry is anticipated to grow from its 2024 valuation of USD 140.55 billion to USD 212.75 billion by 2031. From 2024 to 2031, it is anticipated to expand at a compound annual growth rate (CAGR) of 6.1%.
CoherentMI’s most recent report, “Home Textile Market” Patterns, Offer, Size, Development, Opportunity, and Forecast 2024-2031, provides a thorough analysis of the industry, including a review of the bits of information that are already available. The report also includes local and contender analysis, as well as recent developments in the field.
Along with a brief analysis, the report contains a comprehensive chapter-by-chapter list, figures, tables, and graphs. The market for home textiles has been expanding significantly in recent years due to a number of important factors, including increased demand for its products, a bigger customer base, and technological advancements. This research provides a comprehensive analysis of the home textile industry, covering factors such as market size, trends, needs and drivers, critical perspectives, and potential future growth.
Report Overview and Scope
The topic of this paper is the global home textile market, with a particular emphasis on the United States. The market is categorized by manufacturers, regions, type, and application in the report. It offers a thorough analysis of the state of the market, taking into account both historical and anticipated market size in terms of volume and value. The research also discusses technological developments and takes into account the market’s governing and macroeconomic aspects.
A company overview, financials, revenue, market potential, R&D investment, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, pipelines for product trials, approvals, patents, product width and breath, application dominance, and technology lifeline curve are all included in this report. The information supplied only pertains to the company’s concentration on the home textile markets. Leading manufacturers and players in the global home textile market are examined to provide a quick overview of the competition.
The study provides information on the competitive landscape, market segmentation, geographic growth, revenue, production, and use trends of the home textile industry. The factors influencing the business scope are detailed in the Home Textile Market Size, Development Investigation, Industry Pattern, and Gauge. Future products, collaborative efforts, showcasing strategy, enhancements, mergers and acquisitions, showcasing, developments, revenue, import, export, CAGR figures, the company overall, and the particular competitors faced are also highlighted in this extensive market.
The key players featured in the report are:
Welspun Group, Springs Global, New Sega Home Textiles, Ralph Lauren Corporation, Shenzhen Fuanna, Trident Group, Marvic Textiles, Shanghai Hometex, Honsun Group, and Hunan Mendale Hometextile Company Ltd.
Market Segmention:
By Product
• Bedroom Linen
• Bathroom Linen
• Carpets and Floor Coverings
• Kitchen Linen
• Curtains and Drapes
By Material
• Polyester
• Cotton
• Silk
• Wool
• Others (Hemp, Jute, etc.)
By Distribution Channel
• Offline
• Supermarket/Hypermarket
• Specialty Stores
• Others
• Online
• E-commerce Platforms
Key regions are classified as follows:
- North America (Canada, Mexico, and the United States)
- Europe (including the United Kingdom, France, Germany, and the rest of Europe)
- Asia-Pacific, which includes Australia, Japan, Korea, India, and Southeast Asia
- South America (including Argentina, Brazil, and the rest of the continent)
Key Highlights of Report:
- Comprehensive Market Analysis: An in-depth examination of the home textile market’s production volumes, technical advancements, and manufacturing capacities.
- Corporate Insights: A thorough analysis of company profiles that highlights key participants and their tactical moves in the highly competitive market.
- Consumption Trends: A thorough examination of consumption trends that provides information on the dynamics of demand and consumer preferences today.
- Details of Segmentation: A thorough analysis of end-user groups that shows how the market is distributed across different sectors and applications.
- Evaluation of price: An analysis of pricing schemes and factors affecting market pricing tactics.
- Future Outlook: Forecasted information on market trends, prospective obstacles, and growth opportunities.