Press release
Home Textile Market to Reach $193.4 Billion by 2030, Growing at a 6.82% CAGR
The ๐๐จ๐ฆ๐ ๐๐๐ฑ๐ญ๐ข๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ was valued at USD 121.61 billion in 2023 and is projected to grow at a CAGR of 6.82% from 2024 to 2030, reaching nearly USD 193.4 billion by 2030. This growth is fueled by increasing consumer focus on home aesthetics, rising disposable incomes, and the expanding urban population globally.๐๐จ๐ฆ๐ ๐๐๐ฑ๐ญ๐ข๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The global home textile market encompasses a wide range of products, including bedroom and bathroom linen, carpets, kitchen textiles, and decorative items. The market thrives on consumer demand for comfort, functionality, and aesthetics in home spaces. Key growth factors include urbanization, rising disposable incomes, and evolving interior design trends. Asia-Pacific dominates the market with strong production capabilities and a large consumer base, while North America and Europe exhibit high demand for quality and innovative designs. Sustainability and technological advancements continue to shape product development, ensuring the market's relevance in a dynamic consumer environment.
๐๐๐ง๐ญ ๐ญ๐จ ๐๐๐ ๐ญ๐ก๐ ๐๐ซ๐๐ง๐๐ฌ? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ:https://www.stellarmr.com/report/req_sample/Home-Textile-Market/2180
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ฆ๐ ๐๐๐ฑ๐ญ๐ข๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ:
The demand for comfort and stylish living spaces drives the home textile market. Urbanization and rising disposable incomes have led to increased spending on home furnishings and decor. Sustainability has emerged as a critical driver, with consumers seeking eco-friendly products made from recycled or organic materials. Technological innovations, such as smart textiles and improved fabric technologies, also boost market growth by offering enhanced functionality and durability. Furthermore, the growing trend of home renovation and personalization further fuels the demand for diverse home textile products.
๐๐จ๐ฆ๐ ๐๐๐ฑ๐ญ๐ข๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Sustainability is a dominant trend in the home textile market, with an emphasis on eco-friendly materials and processes. Consumers are increasingly favoring versatile and customizable designs that cater to diverse home aesthetics. Technological integration, such as smart fabrics with enhanced functionality, is gaining traction. Premiumization is another emerging trend, as consumers are willing to invest in high-quality, durable products. Together, these trends highlight a market focused on innovation, sustainability, and adapting to evolving consumer lifestyles.
๐๐ก๐ ๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:https://www.stellarmr.com/report/enquire_now/Home-Textile-Market/2180
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ฆ๐ ๐๐๐ฑ๐ญ๐ข๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ฉ๐๐๐ญ๐๐ฌ
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam's home textile market is experiencing rapid growth, driven by its competitive manufacturing sector and increasing exports. The country's strategic trade agreements and government incentives have attracted investments from global players. Notably, Vinatex has expanded its production capacity to meet the growing demand for high-quality home textiles.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐'๐ฌ ๐๐จ๐ฆ๐ ๐๐๐ฑ๐ญ๐ข๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ
Thailand's home textile industry is benefiting from the rising popularity of eco-friendly products. The demand for natural fibers like bamboo and organic cotton has surged. Companies such as Jaspal Group are focusing on sustainable production methods and introducing innovative designs to cater to consumer preferences.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง'๐ฌ ๐๐จ๐ฆ๐ ๐๐๐ฑ๐ญ๐ข๐ฅ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Japan's focus on minimalistic and functional home designs has significantly influenced its home textile market. Premium quality and innovative products are in high demand. Nitori Co., Ltd. has been investing heavily in research and development to deliver products that combine traditional aesthetics with modern functionality.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐'๐ฌ ๐๐จ๐ฆ๐ ๐๐๐ฑ๐ญ๐ข๐ฅ๐ ๐๐๐๐ญ๐จ๐ซ
South Korea's home textile market is thriving due to its advanced textile technologies and growing e-commerce penetration. Kolon Industries has launched smart textile products, enhancing consumer convenience and comfort. Additionally, partnerships with international retailers have strengthened the country's market position.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐'๐ฌ ๐๐จ๐ฆ๐ ๐๐๐ฑ๐ญ๐ข๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ
Singapore's demand for luxury and customized home textiles has seen a steady rise. With its reputation as a regional hub, Spotlight Pte Ltd. has expanded its product offerings to include sustainable and high-end textile solutions. The influx of expatriates and a booming real estate market have further fueled demand.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ ๐๐จ๐ฆ๐ ๐๐๐ฑ๐ญ๐ข๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ
The United States remains the largest market for home textiles, driven by robust consumer spending and innovation. Key players like Mohawk Industries have focused on sustainable practices and expanding their product portfolios. The demand for eco-friendly textiles has surged, supported by increasing consumer awareness.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐'๐ฌ ๐๐จ๐ฆ๐ ๐๐๐ฑ๐ญ๐ข๐ฅ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Europe's home textile market is evolving rapidly, with a strong emphasis on sustainability and circular economy principles. Companies like IKEA and Zorlu Textiles are leading the way with their commitment to recycling and sustainable sourcing. Germany, France, and the UK are among the leading markets in the region.
๐๐๐๐๐ง๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
Welspun India Ltd. acquired a European textile firm to expand its global footprint and strengthen its position in the premium segment.
Trident Group launched a new range of sustainable home textiles, leveraging advanced technologies to minimize environmental impact.
Sunvim Group Co., Ltd. entered into a joint venture in Southeast Asia to tap into the region's growing demand.
Nitori Co., Ltd. announced plans to open additional stores in Asia, catering to the rising demand for affordable and high-quality home textiles.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ @https://www.stellarmr.com/report/req_sample/Home-Textile-Market/2180
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ ๐๐๐ฑ๐ญ๐ข๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ:
By Product
โข Bedroom Linen
โข Bathroom Linen
โข Carpets and Floor Coverings
โข Kitchen Linen
โข Others
By Material
โข Polyester
โข Cotton
โข Silk
โข Wool
โข Others
By Distribution Channel
โข Supermarket/ Hypermarket
โข Speciality Stores
โข Online
โข Others
๐ ๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Home-Textile-Market/2180
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐จ๐ฆ๐ ๐๐๐ฑ๐ญ๐ข๐ฅ๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
Welspun Group
Pottery Barn
IKEA
Ralph Lauren Corporation
Springs Global
New Sega Home Textiles
Shenzhen Fuanna
Trident Group
Marvic Textiles
Shanghai Hometex, Honsun
Hunan Mendale Hometextile Company Ltd.
Indo Count Industries Ltd
Bombay Dyeing
Alok Industries
WestPoint Home
Boll & Branch
Cotton Incorporated
John Lewis & Patterns
The Company Store
Parachute Home
Jaipur Rugs
Laura Ashley
Target
Williams-Sonoma
Peacock Alley
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
โฆ Phosphonate Market https://www.stellarmr.com/report/Phosphonate-Market/1184
โฆ Organic Chemicals Market https://www.stellarmr.com/report/Organic-Chemicals-Market/1185
โฆ Polyurethane Additives Market https://www.stellarmr.com/report/Polyurethane-Additives-Market/1186
โฆ Organic Pigment Dispersion Market https://www.stellarmr.com/report/Organic-Pigment-Dispersion-Market/1187
โฆ Prebiotics Market https://www.stellarmr.com/report/Prebiotics-Market/1188
โฆ Renewable Chemicals Market https://www.stellarmr.com/report/Renewable-Chemicals-Market/1189
โฆ Professional Audio Equipment Market https://www.stellarmr.com/report/Professional-Audio-Equipment-Market/1190
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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