November 18, 2019
According to research report titled ‘Global Home Textiles Market Analysis By Category (Bedroom Linen, Bath Linen, Dining & Kitchen Linen, Living room Linen, Carpets & Floor Coverings), By Region, By Country (2018 Edition): Forecast to 2023’ available with Market Study Report LLC, the global home textiles market is expected to grow with a CAGR of 3.52% during the period of 2018-2023.
Home textiles market is projected to expand substantially in the upcoming year due to rise in utilization of textile products in hospitality, housing and healthcare sectors. Budding inclination towards fashion sensitivity for appealing home furnishings, coupled with consumer preference for digitally printed textile are further augmenting the home textiles market outlook.
Based on category, home textiles market is classified into bedroom linen, dining & kitchen linen, bath linen, floor coverings & carpets, and living room linen. As per the report, bedroom linen segment witness significant growth over the recent past, on account of westernization and rising utilization of oversized mattresses and beds among consumers.
Considering the geographical landscape, the global home textiles market is divided into regions namely, Europe, North America, Latin America, Middle East & Africa, and Asia Pacific, with primary focus on countries such as Canada, US, Germany, France, UK, India, Italy, Japan, China, and Russia. As of 2018, APAC home textiles market held the largest share, owing to a large potential consumer base, rising disposable income, evolving consumer lifestyles, and surging investments by major companies in the region.
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The key players in the global home textiles market are Springs Global, Welspun India Ltd., American Textile Company, LuoLai Lifestyle Technology Co. Ltd., Shenzhen Fuanna Bedding and Furnishing Co. Ltd., Trident Group, WestPoint Home, Ningbo Veken Elite Group Co. Ltd., and Franco Manufacturing.
Notably, the research report discusses and examines the potential growth opportunities in global home textile market. It also provides crucial statistics on revenue shares for each segment. The study further aims to provide top-notch business information and helps investors to evaluate their investments thoroughly.
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