The global home textiles market size is expected to reach at
USD 133.4 billion by 2025 registering a CAGR of 5.01%, according to a new
report by Grand View Research, Inc. High demand for home textiles due to
increasing disposable income and improved living standards is driving the
global market. In addition, rapidly expanding real estate market is expected to
boost the market growth from 2019 to 2025.
Adoption of western culture in
developing regions of Asia Pacific is also expected to propel market growth.
Moreover, rising awareness about the benefits and comfort of these stylish home
textiles will also contribute to the market development. The retail outlets
distribution channel segment led the global market in 2018; whereas, the online
segment is projected to witness the fastest CAGR of 4.31% over the forecast
period.
Shopwelsun.in and Alibaba are some of
the major online portals for home textiles. Bedroom linen product segment held
the highest market share in 2018. This segment includes curtains, bed spreads,
cushion and cushion covers, and others. On the other hand, the demand for
bathroom linen is projected to witness a CAGR of 5.02% from 2019 to 2025.
Changing home décor trends, frequent room makeovers, and short replacement
cycles are the key factors responsible for the segment growth.
Browse full research report on
Home Textiles Market: https://www.grandviewresearch.com/industry-analysis/home-textiles-market
Further key findings from the study suggest:
- In
terms of revenue, bathroom linen is expected to register a CAGR of 5.02%
from 2019 to 2025 followed by carpet and floor coverings at a CAGR of
4.99%
- Bedroom
linen led the global market in 2018 and is projected to expand further at
a healthy CAGR from 2019 to 2025
- North
America dominated the home textiles market in 2018 and is projected to
continue dominance over the next few years
- Growing
demand from the Asia Pacific region on account of increased awareness and
changing taste and preference for home decor
- The
market is highly competitive with the strong presence of top companies
including Welspun Group, Springs Global, New Sega Home textiles, and Ralph
Lauren Corporation
- Most
of the manufacturers focus on new product development and capacity
expansion to estimate the existing and future demand patterns
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/home-textiles-market/request/rs1
Grand View Research has segmented the global home textiles market
on the basis of product, distribution channel, and region:
Home Textiles Product Outlook (Revenue, USD Billion, 2015 -
2025)
- Bedroom
Linen
- Bathroom
Linen
- Carpets
and Floor Coverings
- Others
Home Textiles Distribution Channel Outlook (Revenue, USD
Billion, 2015 - 2025)
- Retail
Outlets
- Online
Home Textiles Regional Outlook (Revenue, USD Billion, 2015 -
2025)
- North
America
- U.S.
- Europe
- U.K.
- Germany
- Asia
Pacific
- China
- India
- Central
& South America
- Middle
East & Africa
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
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