Global Home Textile Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Home Textile Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Home textiles are fabrics and cloths used specifically for furnishing a residence. The materials and design of each are defined by functional and aesthetic uses of each. Some of the most common home textiles include: Floor coverings and Bedding, etc.

Market Overview:

The latest research study on the global Home Textile market finds that the global Home Textile market reached a value of USD 67003.0 million in 2022. It’s expected that the market will achieve USD 79695.14 million by 2028, exhibiting a CAGR of 2.93% during the forecast period.

Market Drivers and Opportunities

The surge in demand for household products and increased consumer awareness have made home textile a lucrative business field in the global textile industry. Various growth drivers are pushing this demand to record highs. One of the main factors driving growth is the booming home textile market in Asian economies (such as China, India, Thailand, etc.). Although there are still major consumer groups in the US and European markets, the growth trend of household purchases is also obvious. These Asian economies have been affected by the booming housing market and the rapid growth of the middle class.

As fast fashion not only impacts the apparel market, but also the home furnishing market, people's fashion sensitivity to home decoration has increased. As consumers' awareness of high-quality life increases, family fashion has become a separate market segment. The number of retailers of home textile is also increasing. From IKEA to H&M Home, big brands are entering the booming market and using the current environment to promote the development of the home textile market.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

Brooklinen is one of the major players operating in the Home Textile market, holding a share of 0.24% in 2020.

Brooklinen is a manufacturer and supplier of sheets and pillows. They produce bedding products at a fair price by cutting out the middlemen, focuses on the quality, and eliminates costs such as wholesaling, physical storefronts, and designer licensing fees.

Boll & Branch is a privately held, U.S. based, e-commerce company that sells luxury bedding online. Headquartered in Summit, New Jersey, the company manufactures and sells organic cotton bed linens, blankets and bath towels and are the first maker of such goods to be certified by Fair Trade USA.

Segmentation Overview:

Among different product types, Bed Linen & Bed Spread segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Offline channels segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Home Textile market covered in Chapter 3:

Dohia
Beyond Home Textile
Brooklinen
Welspun India Ltd.
American Textile
Evezary
Hunan Mendale Hometextile
Shuixing Home Textile
Loftex
Jim Thompson Fabrics
Fuanna
Sheridan
Etro
Christian Fischbacher
Bool & Branch
Yunus Textile Mills
Mohawk Industries
TridentGroup
GHCL Limited
Rubelli
Ralph Lauren
Violet Home Textile
Shaw Industries
Missoni
Lucky Textile Mills
Balta Group
Grace
Antico Setificio Fiorentino
WestPoint Home
Springs Global
Indo Count Industries Limited
Nina Campbell
Franco Manufacturing
Oriental Weavers
Luolai Lifestyle Technology
Sunvim
Parachute Home

In Chapter 4 and Chapter 14.2, on the basis of types, the Home Textile market from 2018 to 2029 is primarily split into:

Bed Linen & Bed Spread
Bath & Toilet Linen
Kitchen Linen
Upholstery
Rugs & Carpets

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Home Textile market from 2018 to 2029 covers:

Online Channels
Offline Channels

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)