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Home Textiles Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user and Region (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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    Report

  • 220 Pages
  • August 2023
  • Region: Global
  • Fairfield Market Research
  • ID: 5854442
The Indian Texpreneurs Federation (ITF) reported that the global home textiles market was valued at approximately US$135 Bn in 2022. Since then, the textiles industry has undergone significant changes, particularly during the peak of the pandemic in 2020-2021. Currently, home textiles hold a share of more than 12% in the overall textile and apparel exports, with wholesale home textiles contributing around 8-10% to the entire textile industry. The home textiles market has maintained a stable growth trajectory and is expected to show promising growth in the coming years. It has become a highly profitable segment of the textiles industry, driven by increasing consumer expenditure on lifestyle and hygiene products.

Key Report Findings

The report highlights that the home textiles market is projected to experience a Compound Annual Growth Rate (CAGR) of around 5.8% during 2023 - 2030. The unprecedented expansion of the housing sector, particularly in fast-developing Asian markets, will further strengthen the market. Bed textiles, including bed linen, bedspreads, bed covers, mattresses, duvets, and pillows, register significantly high sales in the global home textiles industry. North America and Europe collectively capture more than 60% of the market value pie. China, India, Turkey, and Pakistan remain the major exporters to North America and Europe. The growing e-commerce sector will also be a major contributor to the market's growth.

Growth Drivers

The rapid expansion of the housing sector with new housing projects and home renovation and remodeling activities will continue to drive home textiles consumption and boost the market. Growing consumer affluence and improving standards of living, especially in fast-developing Asian nations, are also contributing to the market's growth. The fashion sensitivity of modern urban consumers is leading to innovations in home furnishings and décor, with the demand for digitally printed home textiles increasing rapidly.

Overview of Key Segments

Based on application, the key categories of the home textiles market include bed textiles, bath textiles, living room textiles, kitchen and dining textiles, and floor coverings. Bed textiles, including bed linen and bedspreads, currently lead in terms of sales. Bath textiles are also expected to demonstrate impressive sales performance, driven by rapid adoption across the housing and hospitality sectors. The report highlights the significance of online sales in rapid market expansion.

Notable Market Trends

The report identifies sustainable materials and the rising popularity of nonwovens as exciting trends in the home textiles market. Environmentally sustainable home furnishings and the use of sustainable fibers like bamboo, soya, banana, and hemp fiber are expected to have a lasting influence on the market. However, the use of sustainable materials in textiles is associated with higher premium prices. Despite this, several brands are accelerating their journey toward sustainable production for long-term environmental and economic impact.

Growth Opportunities Across Regions

North America and Europe are the largest home textiles markets, but they majorly depend on imports from leading Asian exporters such as China, India, Turkey, and Pakistan. The report highlights the potential for demand surge from China, India, Indonesia, and South Korea in the coming years. The Indian market is projected to demonstrate around 10% growth in revenue by the end of 2030.

Global Home Textiles Industry - Competition Overview

The report covers some of the major industry players in the competition analysis section, including Welspun Group, Trident Group, Shanghai Mercury Home Textile Company, Indo Count Industries, YUYUE Home Textile Co., Ltd., Himatsingka Seide Ltd., Mohawk Industries, Inc., and others. The competition in the market is driven by factors such as customer service, breadth of products, volume purchasing, and effective marketing and merchandising.

Table of Contents

1. Executive Summary
1.1. Global Home Textile Market Snapshot
1.2. Key Market Trends
1.3. Future Projections
1.4. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.1.1. Driver A
2.2.1.2. Driver B
2.2.1.3. Driver C
2.2.2. Restraints
2.2.2.1. Restraint 1
2.2.2.2. Restraint 2
2.2.3. Market Opportunities Matrix
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. Covid-19 Impact Analysis
2.5.1. Pre-Covid and Post-Covid Scenario
2.5.2. Supply Impact
2.5.3. Demand Impact
2.6. Government Regulations
2.7. Technology Landscape
2.8. Economic Analysis
2.9. PESTLE
3. Production Output and Trade Statistics, 2018 - 2022
3.1. Regional Production Statistics
3.1.1. North America
3.1.2. Europe
3.1.3. Asia Pacific
3.1.4. Latin America
3.1.5. Middle East & Africa
3.2. Trade Statistics
4. Price Trends Analysis and Future Projects, 2018 - 2030
4.1. Key Highlights
4.2. Prominent Factors Affecting Prices
4.3. By Material
4.4. By Region
5. Global Home Textile Market Outlook, 2018 - 2030
5.1. Global Home Textile Market Outlook, by Materials, Value (US$ Mn), 2018 - 2030
5.1.1. Key Highlights
5.1.1.1. Cotton
5.1.1.2. Linen
5.1.1.3. Wool
5.1.1.4. Polyester
5.1.1.5. Rayon
5.1.1.6. Blended
5.1.1.7. Misc.
5.2. Global Home Textile Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
5.2.1. Key Highlights
5.2.1.1. Bed Textiles
5.2.1.2. Bath Textiles
5.2.1.3. Kitchen & Dining Textiles
5.2.1.4. Living Room Textiles
5.2.1.5. Floor Coverings
5.2.1.6. Misc.
5.3. Global Home Textile Market Outlook, by Distribution Channels Type, Value (US$ Mn), 2018 - 2030
5.3.1. Key Highlights
5.3.1.1. E-Commerce
5.3.1.2. Direct Selling
5.3.1.3. Offline
5.3.2. BPS/Market Attractiveness Analysis
5.4. Global Home Textile Market Outlook, by Region, Value (US$ Mn), 2018 - 2030
5.4.1. Key Highlights
5.4.1.1. North America
5.4.1.2. Europe
5.4.1.3. Asia Pacific
5.4.1.4. Latin America
5.4.1.5. Middle East & Africa
5.4.2. BPS/Market Attractiveness Analysis
6. North America Home Textile Market Outlook, 2018 - 2030
6.1. North America Home Textile Market Outlook, by Materials, Value (US$ Mn), 2018 - 2030
6.1.1. Key Highlights
6.1.1.1. Cotton
6.1.1.2. Linen
6.1.1.3. Wool
6.1.1.4. Polyester
6.1.1.5. Rayon
6.1.1.6. Blended
6.1.1.7. Misc.
6.2. North America Home Textile Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
6.2.1. Key Highlights
6.2.1.1. Bed Textiles
6.2.1.2. Bath Textiles
6.2.1.3. Kitchen & Dining Textiles
6.2.1.4. Living Room Textiles
6.2.1.5. Floor Coverings
6.2.1.6. Misc.
6.3. North America Home Textile Market Outlook, by Distribution Channels Type, Value (US$ Mn), 2018 - 2030
6.3.1. Key Highlights
6.3.1.1. E-Commerce
6.3.1.2. Direct Selling
6.3.1.3. Offline
6.4. North America Home Textile Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
6.4.1. Key Highlights
6.4.1.1. U.S.
6.4.1.1.1. U.S. Home Textile Market - Overview
6.4.1.1.2. Key Trends in Home Textiles
6.4.1.1.3. Key Exporting Countries to the U.S.
6.4.1.2. Canada
6.4.2. BPS/Market Attractiveness Analysis
7. Europe Home Textile Market Outlook, 2018 - 2030
7.1. Europe Home Textile Market Outlook, by Materials, Value (US$ Mn), 2018 - 2030
7.1.1. Key Highlights
7.1.1.1. Cotton
7.1.1.2. Linen
7.1.1.3. Wool
7.1.1.4. Polyester
7.1.1.5. Rayon
7.1.1.6. Blended
7.1.1.7. Misc.
7.2. Europe Home Textile Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
7.2.1. Key Highlights
7.2.1.1. Bed Textiles
7.2.1.2. Bath Textiles
7.2.1.3. Kitchen & Dining Textiles
7.2.1.4. Living Room Textiles
7.2.1.5. Floor Coverings
7.2.1.6. Misc.
7.3. Europe Home Textile Market Outlook, by Distribution Channels Type, Value (US$ Mn), 2018 - 2030
7.3.1. Key Highlights
7.3.1.1. E-Commerce
7.3.1.2. Direct Selling
7.3.1.3. Offline
7.4. Europe Home Textile Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
7.4.1. Key Highlights
7.4.1.1. Germany
7.4.1.2. France
7.4.1.3. U.K.
7.4.1.4. Italy
7.4.1.5. Spain
7.4.1.6. Russia
7.4.1.7. Rest of Europe
7.4.2. BPS/Market Attractiveness Analysis
8. Asia Pacific Home Textile Market Outlook, 2018 - 2030
8.1. Asia Pacific Home Textile Market Outlook, by Materials, Value (US$ Mn), 2018 - 2030
8.1.1. Key Highlights
8.1.1.1. Cotton
8.1.1.2. Linen
8.1.1.3. Wool
8.1.1.4. Polyester
8.1.1.5. Rayon
8.1.1.6. Blended
8.1.1.7. Misc.
8.2. Asia Pacific Home Textile Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
8.2.1. Key Highlights
8.2.1.1. Bed Textiles
8.2.1.2. Bath Textiles
8.2.1.3. Kitchen & Dining Textiles
8.2.1.4. Living Room Textiles
8.2.1.5. Floor Coverings
8.2.1.6. Misc.
8.3. Asia Pacific Home Textile Market Outlook, by Distribution Channels Type, Value (US$ Mn), 2018 - 2030
8.3.1. Key Highlights
8.3.1.1. E-Commerce
8.3.1.2. Direct Selling
8.3.1.3. Offline
8.4. Asia Pacific Home Textile Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
8.4.1. Key Highlights
8.4.1.1. China
8.4.1.2. Japan
8.4.1.3. South Korea
8.4.1.4. India
8.4.1.5. Southeast Asia
8.4.1.6. Rest of Asia Pacific
8.4.2. BPS/Market Attractiveness Analysis
9. Latin America Home Textile Market Outlook, 2018 - 2030
9.1. Latin America Home Textile Market Outlook, by Materials, Value (US$ Mn), 2018 - 2030
9.1.1. Key Highlights
9.1.1.1. Cotton
9.1.1.2. Linen
9.1.1.3. Wool
9.1.1.4. Polyester
9.1.1.5. Rayon
9.1.1.6. Blended
9.1.1.7. Misc.
9.2. Latin America Home Textile Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
9.2.1. Key Highlights
9.2.1.1. Bed Textiles
9.2.1.2. Bath Textiles
9.2.1.3. Kitchen & Dining Textiles
9.2.1.4. Living Room Textiles
9.2.1.5. Floor Coverings
9.2.1.6. Misc.
9.3. Latin America Home Textile Market Outlook, by Distribution Channels Type, Value (US$ Mn), 2018 - 2030
9.3.1. Key Highlights
9.3.1.1. E-Commerce
9.3.1.2. Direct Selling
9.3.1.3. Offline
9.4. Latin America Home Textile Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
9.4.1. Key Highlights
9.4.1.1. Brazil
9.4.1.2. Mexico
9.4.1.3. Rest of Latin America
9.4.2. BPS/Market Attractiveness Analysis
10. Middle East & Africa Home Textile Market Outlook, 2018 - 2030
10.1. Middle East & Africa Home Textile Market Outlook, by Materials, Value (US$ Mn), 2018 - 2030
10.1.1. Key Highlights
10.1.1.1. Cotton
10.1.1.2. Linen
10.1.1.3. Wool
10.1.1.4. Polyester
10.1.1.5. Rayon
10.1.1.6. Blended
10.1.1.7. Misc.
10.2. Middle East & Africa Home Textile Market Outlook, by Application, Value (US$ Mn), 2018 - 2030
10.2.1. Key Highlights
10.2.1.1. Bed Textiles
10.2.1.2. Bath Textiles
10.2.1.3. Kitchen & Dining Textiles
10.2.1.4. Living Room Textiles
10.2.1.5. Floor Coverings
10.2.1.6. Misc.
10.3. Middle East & Africa Home Textile Market Outlook, by Distribution Channels Type, Value (US$ Mn), 2018 - 2030
10.3.1. Key Highlights
10.3.1.1. E-Commerce
10.3.1.2. Direct Selling
10.3.1.3. Offline
10.4. Middle East & Africa Home Textile Market Outlook, by Country, Value (US$ Mn), 2018 - 2030
10.4.1. Key Highlights
10.4.1.1. GCC
10.4.1.2. South Africa
10.4.1.3. Rest of Middle East & Africa
10.4.2. BPS/Market Attractiveness Analysis
11. Competitive Landscape
11.1. Company Market Share Analysis, 2021
11.2. Competitive Dashboard
11.3. Company Profiles
11.3.1. Welspun Group
11.3.1.1. Company Overview
11.3.1.2. Product Portfolio
11.3.1.3. Financial Overview
11.3.1.4. Business Strategies and Development
11.3.2. Trident Group
11.3.3. Indo Count Industries
11.3.4. Shanghai Mercury Home Textile Company
11.3.5. YUYUE Home Textile Co., Ltd
11.3.6. Himatsingka Seide Ltd.
11.3.7. Fateh Group
11.3.8. Chinab Limited
11.3.9. Mohawk Industries, Inc.
11.3.10. The Zorlu Textiles Group
11.3.11. Dierig Holding AG
11.3.12. TIROTEX
11.3.13. De Le Cuona
12. Appendix
12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Welspun Group
  • Trident Group
  • Indo Count Industries
  • Shanghai Mercury Home Textile Company
  • YUYUE Home Textile Co., Ltd
  • Himatsingka Seide Ltd.
  • Fateh Group
  • Chinab Limited
  • Mohawk Industries, Inc.
  • The Zorlu Textiles Group
  • Dierig Holding AG
  • TIROTEX
  • De Le Cuona

Methodology

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