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Home Textiles Market Growth Drivers, Trends and Regional Analysis 2024

Home Textiles Market Growth Drivers, Trends and Regional

According to Precision Business Insights (PBI), the latest report, the market value of the home textiles market size was valued at USD 114.5 Billion in 2023, growing at a CAGR of 7.2% from 2024 to 2030. The main factors that drive the market are the growing home décor preferences as a result increased in home textile market, rising development of real estate, and increasing demand for home furnishing.

View Full Report: https://www.precisionbusinessinsights.com/market-reports/home-textiles-market

THE HOME TEXTILES MARKET DETAILED SEGMENTATION:
Based on the product, the market is segmented into the following:
• Bed Linen
• Bath Linen
• Kitchen Linen
• Upholstery
• Others

Based on the material, the market is segmented into the following:
• Natural
• Synthetic
• Blended

Based on the fabrics, the market is segmented into the following:
• Buckram Fabric
• Georgette Fabric
• Sheeting Fabric
• Casement Fabric
• Others

Based on the distribution channel, the market is segmented into the following:
• Hypermarket/ Supermarket
• Specialty Store
• E-Commerce

Based on product type, bed linen holds the highest market share. The major factor for the rise of this segment is due to the home décor market showing rapid growth and as a result the purchasing of bed linen, curtains, carpet, bath linen has also increased. The rapid growth in urbanization and real estate growth, the development of new building and single person home are on major trend, For instance, in US around 37 million people are living in single-room homes as a result the demand for bed linen has increased, also rise in disposable income increasing the spending on home décor.

Based on the region, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Asia Pacific region to grow significantly in the global home textiles market size over the forecast period owing to the increasing number of consumer awareness about home décor, also rise in development of new building enhance the people's preferences and taste. In addition, the growing inclination towards renovating building increasing the home interior market along with home textile market in the region.

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Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players.
The home textiles market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share.

The key players in the home textiles market report are Mannington Mills, Inc, Companhia de Tecidos Norte de Minas, Kurlon, American Textile Company., Leggett & Platt, Incorporated, Nitori Holdings Co., Ltd., Williams-Sonoma Inc., Mohawk Industries, Inc., American Signature, Inc., Bombay Dyeing, Vescom B.V., Mittal International, and Kimball International Inc.

Contact:
Mr. Satya
Precision Business Insights | Toll Free: +1 866 598 1553
Email: sales@precisionbusinessinsights.com
Kemp House, 152 - 160 City Road, London EC1V 2NX
Web: https://precisionbusinessinsights.com/ | D U N S® Number: 852781747

About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to delivering more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.

Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.

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