
Report ID: SQMIG25M2033
SkyQuest Technology's Home textile market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Home Textile Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.
Home Textile Market size was valued at USD 125.88 billion in 2023 and is poised to grow from USD 133.06 billion in 2024 to USD 207.32 billion by 2032, growing at a CAGR of 5.7% during the forecast period (2025-2032).
In contemporary households worldwide, home textiles have transcended their basic utilitarian role and are now regarded as an extension of homeowners' personalities, preferences, and tastes. Manufacturers of these products have been continuously innovating in terms of designs, styles, quality, patterns, and applications to attract a larger consumer base. The expanding real estate industry and increasing standards of living have led to a rise in spending on interior design and house decoration, making it a significant driver of market growth in the foreseeable future. The global economy was significantly affected by the coronavirus pandemic, with offline retail suffering a major setback while online sales of home bedding products experienced a surge. The changing routines and heightened stress and anxiety levels resulted in people struggling to attain quality sleep. This trend may indicate a search for self-care solutions during a time when COVID-19-related anxiety caused an abundance of sleep issues. Consequently, there was an increased expenditure on comfort and bedding, an outcome that manufacturers in the industry did not adequately anticipate. The market for home textiles and furnishing fabrics encompasses a wide range of prices, designs, and colors. Affluent consumers, unconstrained by price, have refined international preferences in terms of quality and design, while mid and economy-segment consumers opt for larger quantities of reasonably priced products. The demand for better-quality stain-resistant and flame-retardant home textiles is increasing due to growing awareness regarding the environment, safety, hygiene, and functionality. People have always expected home textile products to harmonize with the walls and color scheme of their houses, complement modern furniture, as well as enhance the overall appearance of rooms through lighting and color coordination. Many manufacturers have gained popularity by offering comprehensive sets of fashionable and luxurious home textile products that fulfill these expectations.
US Home Textile Market is poised to grow at a sustainable CAGR for the next forecast year.
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Home Textile Market size was valued at USD 125.88 Billion in 2023 and is poised to grow from USD 133.06 Billion in 2024 to USD 207.31 Billion by 2032, growing at a CAGR of 5.7% during the forecast period (2025-2032).
The global home textile market is characterized by a competitive landscape driven by various factors. One of the significant challenges faced by the industry is the rising costs of logistics, which affects the overall market dynamics. Developing nations with weak organizational and logistical systems, where many leading producers of home textile goods are based, encounter this challenge more prominently. As a result, the market growth for household textiles may be impeded. The market report on home textiles provides valuable insights into the industry, including recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analysis of opportunities in emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, growth trends in specific categories, application niches and dominance, product approvals, product launches, geographic expansions, and technological innovations in the market. This comprehensive report aims to equip stakeholders with the necessary information to make informed decisions and pursue growth opportunities in the home textiles market. 'Welspun India Ltd. - India', 'Springs Global - United States', 'Sunvim Group Co., Ltd. - China', 'Luolai Lifestyle Technology Co., Ltd. - China', 'Trident Group - India', 'Shandong Weiqiao Pioneering Group - China', 'GHCL Limited - India', 'Loftex - United States', 'WestPoint Home - United States', 'Himatsingka Seide Ltd. - India', 'Li & Fung Limited - Hong Kong', 'Mohawk Industries - United States', 'Hollander Sleep Products - United States', 'Sheridan - Australia', 'American Textile Company - United States', 'Ralph Lauren Corporation - United States', 'IKEA - Sweden', 'Frette - Italy', 'Tempur Sealy International - United States', 'Pacific Brands - Australia'
The market for bed linen and bedspreads is expected to experience significant growth due to the rising demand. Bed linen encompasses various items such as bedspreads, blankets, mattresses, mattress covers, pillows, duvets, and bed cover. Similarly, bath linen includes products like bathrobes, towels, and bath mats. The growth of industries like hospitality and housing, along with the increasing fashion consciousness among urban consumers regarding home furnishings, contributes to the heightened demand for bed linen and bedspreads. Consequently, this trend acts as a catalyst for market expansion.
Sustainability and Eco-Friendly Materials: There is a growing demand for sustainable and eco-friendly home textile products. Consumers are increasingly seeking products made from organic, recycled, or renewable materials, as well as those manufactured using environmentally friendly processes.
Asia Pacific held the dominant position in the global market, capturing a share of over 44.5% in 2022. Specifically, the home textile market in China reached a size of USD 16.54 billion in the same year. Despite the challenges posed by the Covid-19 pandemic, there was a sustained demand for home textiles in China. Favorable economic conditions, such as reduced inflation, increased savings, optimistic growth projections, and improved supply chain constraints, have contributed to significant growth in both demand and supply within this market. The ASEAN home textile industry was valued at USD 7.19 billion. The diverse cultural heritage of ASEAN countries has influenced home textile trends, leading to an appreciation for textiles and patterns inspired by different ethnicities. Contemporary home textile designs incorporate traditional motifs and craftsmanship techniques from countries like Malaysia, Brunei, Cambodia, Laos, Myanmar, and Thailand.
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Report ID: SQMIG25M2033
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