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Home Textile Market Insights and Forecast to 2028 | Valuates Reports
Home Textile Market Statistics 2028Due to the COVID-19 pandemic, the global Home Textile market size is estimated to be worth US$ 168250 million in 2022 and is forecast to a readjusted size of US$ 200900 million by 2028 with a CAGR of 3.0% during the review period. Fully considering the economic change by this health crisis, Bedding accounting for % of the Home Textile global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Family Used segment is altered to an % CAGR throughout this forecast period. Global Home Textile key players include Shaw Industries, Mohawk, Welspun India Ltd, Springs Global, etc. China is the largest market, with a share of about 30%, followed by Europe, and North America, both have a share of about 35 percent. In terms of product, Bedding is the largest segment, with a share of nearly 40%. And in terms of application, the largest application is Family Used, followed by Commercial Used. Home Textile is a flexible woven material consisting of a network of natural or artificial fibres often referred to as thread or yarn. Yarn is produced by spinning raw fibres of wool, flax, cotton, or other material to produce long strands. Textiles are formed by weaving, knitting, crocheting, knotting, or pressing fibres together. Household textiles, frequently referred to as soft furnishings, are fabrics used in the home. They include items frequently classified as linens, such as bath and dish towels, table linens, shower curtains, and bathroom ensembles. Related items include sheets, pillowcases, mattresses, blankets, comforters, and bedspreads. In addition, textile products contributing to the atmosphere and comfort of the home include rugs and carpeting, draperies, curtains, and upholstery fabrics. Most of these items are also used in hotels and motels, and many are used in offices, showrooms, retail stores, restaurants, recreational facilities, and various other commercial establishments.
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Home Textile Market Segments
The authors of this research report have explored the key segments: Type and Application. The report offers an in-depth breakdown of type and application segments and their sub-segments. The lucrativeness and growth potential have been looked into by the industry experts in this report. This section of the report also provides sales and revenue forecast data by type and application segments based on sales, price, and revenue for the period 2017-2028. The specialists, to broaden the understanding of the users, have done value chain and raw material analysis in this section.
Home Textile Market By Type
• Bedding
• Curtain and Blind
• Carpet
• Towel
• Kitchen Linen
• Blanket
Home Textile Market By Application
• Family Used
• Commercial Used
Consequences of Covid-19 Pandemic
The authors of this study have enlightened the readers on the rise and effect of the Covid-19 outbreak on the development. They have investigated the changes brought about in the demand/supply side, consumption, supply chain, and sales/manufacturing. The readers will get familiar with the measures that have helped the key players to bring the Home Textile market back to the pre-covid levels.
Trends & Prospects
In this segment of the report, the specialists have delved into the key growth opportunities that are likely to emerge. This will aid the key players to simplify complex issues related to business and framing future strategies to compete in this competitive environment. This section will certainly assist the players in boldly positioning their business.
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