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Table Linen Market 2024: Industry Share, Growth Forecast, and Emerging Market Trends
Table Linen Global Market Report 2024
According to The Business Research Company's, the table linen market size has grown strongly in recent years. It will grow from $11.41 billion in 2023 to $12.20 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to the growing demand for tablecloths to enhance the dining area with greater aesthetic appeal, increasing residential construction projects with the support of governments, the proliferation of online shopping platforms has made it more convenient for consumers, the growing trend of using anti-stain tablecloths
The table linen market size is expected to see strong growth in the next few years. It will grow to $15.22 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to growing awareness among manufacturers and consumers about natural fibers to protect the environment, The presence of skilled labors and abundant raw material supply, increasing demand for decorative tableware products. Major trends in the forecast period include research and developments, partnerships, product innovations, technological advancements.
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Market Drivers and Trends:
The increasing number of hotels and restaurants is expected to propel the growth of the table linen market going forward. Hotels provide accommodations, meals, and other services for travelers and tourists, while restaurants are places where people pay to sit and eat meals cooked and served on the premises. They are in demand due to travelers and locals constantly needing accommodation and dining options. The hotels and restaurants use table linen to enhance the dining experience through aesthetic appeal and cleanliness, contributing to the establishment's ambiance and hygiene standards. For instance, in January 2024, according to Siteminder, an Australia-based technology company, global hotel occupancy is forecast to rise by 2.5%, with the average daily rate (ADR) expected to increase by 4.9% by 2025. Therefore, the increasing number of hotels and restaurants is driving the growth of the table linen market.
Major companies operating in the table linen market are developing kitchen linen collections, such as kitchen linen, to optimize financial outcomes in the market. The new collection includes tablecloths, napkins, glass cloths, kitchen towels, and aprons, all made from high-quality linen in both heavy and light varieties to ensure longevity. For instance, in November 2021, Tekla Fabrics, a Denmark-based home comfort products brand, launched kitchen linen collections. Tekla's collection features unique colors such as stain, apple core, and others, combining elegance and sustainability in kitchen and dining ware, emphasizing durability and eco-friendly design for timeless appeal. These items offer a luxurious yet responsible choice for enhancing any culinary experience, with a focus on local sourcing and 100% recycled materials.
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Major Key Players of the Market:
IKEA Holdings B.V., Macy's Inc., Williams-Sonoma Inc., Bed Bath & Beyond Inc., Lenox Corporation, Milliken & Company, Zara Home, Villeroy & Boch Group, Venus Group, BBJ La Tavola, Frette, Star Linen, Garnier-Thiebaut Inc., Jiangsu Sidefu Textile Co. Ltd., Sferra, Balavigna Mills Pvt. Ltd., Baltic Flax, Belinor Textile Ltd., H Concept, Royal Linen, Silver Arcade Linen LLC, Airwill Home Collections Pvt. Ltd., Aastha Enterprises, Around The Table, Fabrica Maria SA de CV, Natural Fabrics SL
Table Linen Market 2024 Key Insights:
• The table linen market is expected to grow to $15.22 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%.
• Exploring The Surge In Table Linen Market Through Hotel And Restaurant Expansion
• Tekla Fabrics Unveils New Kitchen Linen Collection Highlighting Sustainability
• North America was the largest region in the table linen market in 2023
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