Global Home Textiles Market Report 2022: Growing Real Estate Sector and Rapid Urbanization Fueling Demand – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The report “Global Home Textile Market: Analysis by Category, by Distribution Channel, by Region Size and Trends with Impact of COVID-19 and Forecast to 2026” has been added to from ResearchAndMarkets.com offer.

Global Home Textiles Market was valued at USD 111.38 Billion in 2021 and is projected to reach USD 145.05 Billion by 2026. kitchen and tableware, rugs and other items used as interior decoration. Home textiles, also known as textile upholstery fabrics, are made up of natural and synthetic fabrics.

Demand for home textiles mostly peaked in developed economies. However, in emerging markets, demand growth is expected to increase at a significant rate as growing disposable income facilitates a shift to more luxury spending. The home textile market is expected to grow at a CAGR of 5.53% over the forecast period 2022-2026.

  • Growth drivers:

    • Rising consumer spending on home improvement and decoration is one of the most important factors influencing the dynamics of the home textiles market.

    • Rapid urbanization is a major growth driver due to the increase in home textile products. Additionally, the market has witnessed growth over the past few years, owing to factors such as increasing demand for lightweight fabrics, improving living standards, growing real estate industry, rise of e-commerce, etc.

  • Tendencies:

    • The market is expected to grow at a rapid rate over the forecast period, owing to various recent trends such as the use of eco-friendly home furniture. Manufacturers have stopped using chemical dyes and instead use natural fibers because their customers prefer natural products.

    • In the future, these products will be popular and highly demanded by customers. Additionally, the market is expected to grow in the future owing to increased demand for nonwoven fabrics, innovations in home textile products, and more.

Report Scope:

  • The report titled “Global Home Textile Market: Analysis by Category, by Distribution Channel, by Region Size and Trends with Impact of COVID-19 and Forecast to 2026”, includes:

  • An in-depth analysis of the global home textile market by value, by category, by distribution channel, by region, etc.

  • Comprehensive information on emerging markets. This report analyzes the market for various segments across geographies.

  • Evaluates key market opportunities and outlines the factors that are and will be driving industry growth. The growth of the global home textiles market has also been forecasted over the period 2022-2026, considering previous growth patterns, growth drivers, and current and future trends.

  • Assessing the potential role of home textile services in improving market status.

  • Identification of new technological developments, R&D activities and product launches in the home textiles market.

  • In-depth profiling of major players, including assessment of business overview, market strategies, regional and business segments of major market players.

  • Recent developments, mergers and acquisitions related to the major players mentioned are provided in the market report.

  • The in-depth analysis provides an overview of the market, highlighting the growth rate and the opportunities offered by the business.

Main topics covered:

1. Summary

2. Presentation

3. Global Market Analysis

3.1 Global Home Textiles Market: An Analysis

3.2 Global Home Textile Market: Analysis by Category

3.3 Global Home Textile Market: Distribution Channel Analysis

4. Regional Market Analysis

5. Impact of COVID-19

6. Market dynamics

6.1 Drivers of growth

6.1.1 Growing real estate sector

6.1.2 Rapid urbanization

6.1.3 Improved standard of living

6.1.4 Increase in Demand for Lightweight Fabrics

6.1.5 Increase in consumer spending on home renovation and decoration

6.1.6 Rise of e-commerce

6.2 Challenges

6.2.1 High cost of logistics

6.2.2 Threat of counterfeit products

6.3 Market trends

6.3.1 Ecological furnishings

6.3.2 Increase in Demand for Nonwoven Fabrics

6.3.3 New

7. Competitive Landscape

7.1 Global Home Textile Market Players: A Financial Comparison

Companies cited

  • Welspun India Ltd

  • Global springs

  • Shenzhen Fuanna Bedding and Furnishing Co

  • Trident Group Ltd

  • Ralph Lauren Company

  • American Textile Company, Inc.

  • Franco Manufacturing Co

  • Shanghai LUOLAI Home Textile Co.Ltd

  • Shanghai Shuixing Home Textile Co.Ltd

  • Sunvim Group Company

For more information on this report visit https://www.researchandmarkets.com/r/qc79c1

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