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Home Textile Market Set to Grow at 5.6% CAGR by 2035

Published: January 10, 2025
Author: HFT

The global home textile market is expected to grow at a significant CAGR of 5.6% during the forecast period (2025-2035). This growth is fueled by the increasing focus on personalized living spaces, rising disposable incomes, and surging demand for luxury and premium bedding. The expansion of e-commerce and advancements in digital innovation further contribute to the market’s momentum.

Market Segmentation

The home textile market is segmented by:

  • Product: Bed linen & bedspread, bath/toilet linen, floor, upholstery, and kitchen linen.
  • Material: Cotton, polyester, wool, silk, linen, and blends.
  • Application: Residential, commercial, and institutional.
  • End-User: Dental clinics, hospitals, and others.
  • Geography: North America, Europe, Asia-Pacific, and the Rest of the World.

Key Market Dynamics

  1. Cotton Segment:
    • Expected to dominate the market due to consumer preference for eco-friendly and biodegradable materials.
    • Growing availability of cotton-based products online and diverse collections offered by retailers are driving segmental growth.
    • Innovations in cotton technology are further enhancing market demand.
  2. Residential Segment:
    • Anticipated to hold a substantial share, driven by increasing demand for premium, sustainable, and aesthetically appealing household textiles such as bed linens, curtains, and upholstery.
  3. Regional Insights:
    • North America: Growth fueled by online retail platforms offering quality products at competitive prices.
    • Asia-Pacific: Dominates the market due to key players like Alok Industries, Trident Group, and Welspun India Ltd. The rising number of households in countries like China, India, and South Korea is a significant growth driver.

Key Players in the Market

Major companies driving the home textile market include:

  • GHCL Ltd.
  • IKEA Group
  • Springs Global
  • Trident Group
  • Welspun Group

Market players are focusing on business expansion, product innovation, and strategic collaborations, mergers, and acquisitions to maintain competitiveness and contribute to market growth.

Explore the Full Report

For an in-depth analysis of the home textile market, visit: Home Textile Market Report

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