Home textiles: product innovations and business developments, August 2023
This report provides information, analysis and valuable insight into business developments relating to the global home textiles industry. Also, it analyses some of the latest product innovations in the home textiles market, including those relating to: acquisitions, divestments and mergers; branding; carpet backing; investments; mattresses; mattress covers; mattress ticking fabrics; recycled materials; recycling; retail stores; trade fairs; and upholstery fabrics. The report includes news from the following companies, brands and trade fairs: Baltex, Beaulieu International Group (B.I.G.), BekaertDeslee, Carnegie, Circular Polymers by Ascend, Culp, Emma Sleep, Freudenberg Performance Materials, Heimtextil, HeiQ, Inter IKEA Group, Karl Mayer Group, Lenzing Group (Lenzing), Mattress Firm, Messe Frankfurt, Pailung, Resortecs, Signature Floors, Tempur Sealy, and Toray Industries (Toray).
- SUMMARY
- ACQUISITIONS, DIVESTMENTS AND MERGERS
- Beaulieu International Group (B.I.G.) has acquired flooring wholesaler Signature Floors
- Tempur Sealy will acquire Mattress Firm for US$4 bn
- BRANDING
- Toray Industries (Toray) will rebrand its &+ polyester fibre and launch the brand in the home textiles market
- CARPET BACKING
- Freudenberg Performance Materials has launched a carpet backing range which is considered to be environmentally sustainable
- INVESTMENTS
- Baltex has installed a new Karl Mayer Group 18 gauge high-speed knitting machine which is capable of producing intricate mesh fabrics for furnishing applications
- MATTRESSES
- Emma Sleep has developed a Cooling Mattress which is made using graphite particles
- MATTRESS COVERS
- BekaertDeslee and Resortecs will collaborate in the development of a mattress cover which can be recycled easily at the end of its useful life
- MATTRESS TICKING FABRICS
- BekaertDeslee and HeiQ have collaborated in the development of a range of mattress ticking fabrics which are capable of reducing the proliferation of inanimate allergens
- RECYCLED MATERIALS
- Circular Polymers by Ascend has launched a range of recycled materials derived from post-consumer carpets
- RECYCLING
- Lenzing Group has collaborated with a consortium of organisations in the launch of a pilot project for recycling textile waste
- RETAIL STORES
- Inter IKEA Group has announced the construction of its first physical retail store in
- New Zealand
- Inter IKEA Group has extended the pilot operation of a physical retail store in Sweden which sells refurbished IKEA products
- TRADE FAIRS
- Messe Frankfurt has announced that the 2024 edition of Heimtextil will include a new
- product area for exhibitors specialising in carpets and rugs
- UPHOLSTERY FABRICS
- Carnegie has developed an outdoor upholstery fabric collection which is made using bio-based materials
- Culp has developed an upholstery fabric collection which is considered to promote muscle recovery and well-being
- Pailung has developed a knitting technology which is capable of producing high-pile upholstery fabric that can be recycled easily
- Toray Industries (Toray) has increased the amount of plant-based materials used in Ultrasuede HP
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook