Global Home Textiles Market by Distribution Channel (Retail Outlet, Online), by Product (Bathroom Linen, Bedroom Linen, Carpets & Floor Covering) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
Summary of the Report
Global home textiles market was worth USD 94.73 Billion in 2018. It is projected to grow at a CAGR rate of 5.01% between 2019 and 2025. The global market is expected to grow due to the increasing awareness of changing home decor trends and growth in the end-use sector, such as residential.
The growing real estate market has led to increased interior and home decoration spending. Market growth is expected to increase due to this factor. Market growth will also be boosted by changing trends in home furnishing.
In 2018, North America was the largest region market and it is expected to continue its dominance in the future. Due to rapid urbanization and rising disposable income, countries such as China, India, Germany, India and the U.K. saw an increase in demand for home textiles. The average household textile expenditure in the United States was USD 115 in 2017. The market is also growing due to an increase in the number of online and retail outlets.
To meet changing consumer needs and expand their product range, market leaders are increasing their R&D investments. The global market is also driven by innovations such as dyed fibers for UV protection and wood curtains. Welspun Group and Springs Global are key players in this market.
Product Insights
With a market value of USD 32.13 trillion in 2018, the bedroom linen segment dominated the global market. The market's top-selling products were blankets, pillows, cushion and cushion covers. This helped to maintain its dominant position. Major manufacturers focus on mattresses that provide better comfort, as well as curtains and bedspreads that have special features.
Bathroom linen is predicted to grow at a rate of 5.02% during the forecast period. Bathroom linen products will be in high demand due to the constant innovation. Welspun India, for instance, has invested in a special material that can regulate the temperature and soften towels after use.
Distribution Channel Insights
In 2018, 65.43% of all distribution channels were retail outlets, accounting for 65.43%. Retail outlets allow customers to inspect the product before purchasing, which greatly influences their decision. These outlets also offer assistance to customers in choosing the right product. These factors contributed to the segment's growth.
Online distribution channels are expected to experience the highest CAGR at 4.31% between 2019 and 2025. Companies are looking to reach a wider consumer base by partnering with online retailers and launching their own e-portals. Alibaba, for example, partnered with five of the most prominent home textile companies. Tmall.com also partnered with Fauna and Mendale, Luolai and Shuixing. Welspun India launched an internet portal several years ago that covers a range of carpet, bed, and bath products.
Regional Insights
North America accounted for the largest market share, with 43.15% of the total in 2018. The largest market share of the U.S. was 43.15% in 2018. This is due to higher living standards and greater purchasing power. The region is home to a growing number of manufacturers and sellers, which has resulted in a greater variety and easier availability of luxurious home textile products.
Continual innovation in this field will further boost regional growth. New Saga Home Textile has come up with the bed-in-a bag concept. Asia Pacific is the largest exporter of these products. It is projected to also be the fastest-growing market because of rising consumer disposable income and the growth of the real estate sector.
Market Share Insights & Key Companies
Welspun Group and Springs Global are key players in this market. Due to the rising demand for well-furnished and modern living spaces, these manufacturers are investing in R&D.
Home Textiles Market Report Scope
Report Attribute |
More Details |
2020 Market Size Value |
USD 104.25 Billion |
Forecast Revenues in 2025 |
USD 133.37 Billion |
Growth Rate |
CAGR of 5.0% between 2019 and 2025 |
Estimation base year |
2018 |
Historical data |
2015 - 2017 |
Forecast period |
2019 - 2025 |
Quantitative units |
Revenues in USD Millions/Billion and CAGR between 2019-2025 |
Report coverage |
Forecast revenue, company ranking and competitive landscape, growth factors, trends |
Segments covered |
Product, distribution channel, and region |
Regional scope |
North America; Europe, Asia Pacific; Central & South America. Middle East & Africa |
Country coverage |
U.S., U.K., Germany; China; India |
Key companies profiled |
Welspun Group; Springs Global; New Sega Home textiles; Ralph Lauren Corporation; Shenzhen Fuanna; Trident Group; Marvic Textiles; Shanghai Hometex; Honsun Home Textile Co.LTD; Hunan Mendale Hometextile Company Ltd. |
The scope of customization |
With purchase, you get free report customization (equivalent to up to 8 analysts working day) You can add or modify country, region and segment scope. |
Prices and purchase options |
You can get customized purchase options that meet your research needs. Explore your purchase options |
The Report Covers Certain Segments
This report predicts revenue growth and volume growth at the global, regional and country level. It also provides analysis of industry trends for each sub-segment from 2015 to 2025. Up Market Research has divided the global home textiles market report by product, distribution channel and region.
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Product Outlook (Revenue, USD Billion, 2015 - 2025)
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Bedroom Linen
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Bathroom Linen
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Carpets and floor coverings
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Other
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Distribution Channel Outlook (Revenue USD Billion, 2015-2025)
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Retail Outlets
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Online
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Regional Outlook (Revenue USD Billion, 2015-2025)
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North America
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The U.S.
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Europe
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The U.K.
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Germany
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Asia Pacific
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China
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India
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Central & South America
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Middle East & Africa
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These are the most frequently asked questions about this report
What is the size of the home textiles marketb. Global home textiles market was valued at USD 99.35 Billion in 2019, and is forecast to grow to USD 104.25 Billion by 2020.
What is the growth rate of the home textiles industry?b. Global home textiles sales are expected to increase at a compound annual rate of 5.0% between 2019 and 2025, reaching USD 133.37 trillion by 2025.
Which segment had the largest share of the home textiles market?b. With a 43.1% share in 2019, North America was the dominant market for home textiles. This can be attributed to rising disposable incomes and increased consumer spending on home furnishing.
What are the major players in the home textiles marketb. Welspun Group and Springs Global are some of the key players in the home textiles industry.
What are the main factors that drive the home textiles marketb. The key factors driving home textiles market growth are the growth in end-use segments, such as residential and hospitality, and the growing awareness of changing home decor trends.
Up Market Research published a new report titled “Home Textiles Market research report which is segmented by Distribution Channel (Retail Outlet, Online), by Product (Bathroom Linen, Bedroom Linen, Carpets & Floor Covering), By Players/Companies Springs Global, Hunan Mendale Hometextile Company Ltd, Ralph Lauren Corporation, Welspun Group, Marvic Textiles, New Sega Home Textiles, Trident Group, Shenzhen Fuanna, Shanghai Hometex, Honsun Home Textile Co Ltd”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | Home Textiles Market Research Report |
By Distribution Channel | Retail Outlet, Online |
By Product | Bathroom Linen, Bedroom Linen, Carpets & Floor Covering |
By Companies | Springs Global, Hunan Mendale Hometextile Company Ltd, Ralph Lauren Corporation, Welspun Group, Marvic Textiles, New Sega Home Textiles, Trident Group, Shenzhen Fuanna, Shanghai Hometex, Honsun Home Textile Co Ltd |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 219 |
Number of Tables & Figures | 154 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Home Textiles Market Report Segments:
The market is segmented by Distribution Channel (Retail Outlet, Online), by Product (Bathroom Linen, Bedroom Linen, Carpets & Floor Covering).
Home Textiles Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Home Textiles Market
Overview of the regional outlook of the Home Textiles Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Home Textiles Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Home Textiles Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
1. Retail Outlet
2. Online
7. By Product:1. Bathroom Linen
2. Bedroom Linen
3. Carpets & Floor Covering
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Home Textiles Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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Reasons to Purchase the Home Textiles Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Home Textiles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Home Textiles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Home Textiles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Home Textiles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Home Textiles Market Size & Forecast, 2018-2028
4.5.1 Home Textiles Market Size and Y-o-Y Growth
4.5.2 Home Textiles Market Absolute $ Opportunity
Chapter 5 Global Home Textiles Market Analysis and Forecast by Distribution Channel
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Distribution Channel
5.1.2 Basis Point Share (BPS) Analysis by Distribution Channel
5.1.3 Absolute $ Opportunity Assessment by Distribution Channel
5.2 Home Textiles Market Size Forecast by Distribution Channel
5.2.1 Retail Outlet
5.2.2 Online
5.3 Market Attractiveness Analysis by Distribution Channel
Chapter 6 Global Home Textiles Market Analysis and Forecast by Product
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Product
6.1.2 Basis Point Share (BPS) Analysis by Product
6.1.3 Absolute $ Opportunity Assessment by Product
6.2 Home Textiles Market Size Forecast by Product
6.2.1 Bathroom Linen
6.2.2 Bedroom Linen
6.2.3 Carpets & Floor Covering
6.3 Market Attractiveness Analysis by Product
Chapter 7 Global Home Textiles Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Home Textiles Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Home Textiles Analysis and Forecast
9.1 Introduction
9.2 North America Home Textiles Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Home Textiles Market Size Forecast by Distribution Channel
9.6.1 Retail Outlet
9.6.2 Online
9.7 Basis Point Share (BPS) Analysis by Distribution Channel
9.8 Absolute $ Opportunity Assessment by Distribution Channel
9.9 Market Attractiveness Analysis by Distribution Channel
9.10 North America Home Textiles Market Size Forecast by Product
9.10.1 Bathroom Linen
9.10.2 Bedroom Linen
9.10.3 Carpets & Floor Covering
9.11 Basis Point Share (BPS) Analysis by Product
9.12 Absolute $ Opportunity Assessment by Product
9.13 Market Attractiveness Analysis by Product
Chapter 10 Europe Home Textiles Analysis and Forecast
10.1 Introduction
10.2 Europe Home Textiles Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Home Textiles Market Size Forecast by Distribution Channel
10.6.1 Retail Outlet
10.6.2 Online
10.7 Basis Point Share (BPS) Analysis by Distribution Channel
10.8 Absolute $ Opportunity Assessment by Distribution Channel
10.9 Market Attractiveness Analysis by Distribution Channel
10.10 Europe Home Textiles Market Size Forecast by Product
10.10.1 Bathroom Linen
10.10.2 Bedroom Linen
10.10.3 Carpets & Floor Covering
10.11 Basis Point Share (BPS) Analysis by Product
10.12 Absolute $ Opportunity Assessment by Product
10.13 Market Attractiveness Analysis by Product
Chapter 11 Asia Pacific Home Textiles Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Home Textiles Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Home Textiles Market Size Forecast by Distribution Channel
11.6.1 Retail Outlet
11.6.2 Online
11.7 Basis Point Share (BPS) Analysis by Distribution Channel
11.8 Absolute $ Opportunity Assessment by Distribution Channel
11.9 Market Attractiveness Analysis by Distribution Channel
11.10 Asia Pacific Home Textiles Market Size Forecast by Product
11.10.1 Bathroom Linen
11.10.2 Bedroom Linen
11.10.3 Carpets & Floor Covering
11.11 Basis Point Share (BPS) Analysis by Product
11.12 Absolute $ Opportunity Assessment by Product
11.13 Market Attractiveness Analysis by Product
Chapter 12 Latin America Home Textiles Analysis and Forecast
12.1 Introduction
12.2 Latin America Home Textiles Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Home Textiles Market Size Forecast by Distribution Channel
12.6.1 Retail Outlet
12.6.2 Online
12.7 Basis Point Share (BPS) Analysis by Distribution Channel
12.8 Absolute $ Opportunity Assessment by Distribution Channel
12.9 Market Attractiveness Analysis by Distribution Channel
12.10 Latin America Home Textiles Market Size Forecast by Product
12.10.1 Bathroom Linen
12.10.2 Bedroom Linen
12.10.3 Carpets & Floor Covering
12.11 Basis Point Share (BPS) Analysis by Product
12.12 Absolute $ Opportunity Assessment by Product
12.13 Market Attractiveness Analysis by Product
Chapter 13 Middle East & Africa (MEA) Home Textiles Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Home Textiles Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Home Textiles Market Size Forecast by Distribution Channel
13.6.1 Retail Outlet
13.6.2 Online
13.7 Basis Point Share (BPS) Analysis by Distribution Channel
13.8 Absolute $ Opportunity Assessment by Distribution Channel
13.9 Market Attractiveness Analysis by Distribution Channel
13.10 Middle East & Africa (MEA) Home Textiles Market Size Forecast by Product
13.10.1 Bathroom Linen
13.10.2 Bedroom Linen
13.10.3 Carpets & Floor Covering
13.11 Basis Point Share (BPS) Analysis by Product
13.12 Absolute $ Opportunity Assessment by Product
13.13 Market Attractiveness Analysis by Product
Chapter 14 Competition Landscape
14.1 Home Textiles Market: Competitive Dashboard
14.2 Global Home Textiles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Springs Global
14.3.2 Hunan Mendale Hometextile Company Ltd
14.3.3 Ralph Lauren Corporation
14.3.4 Welspun Group
14.3.5 Marvic Textiles
14.3.6 New Sega Home Textiles
14.3.7 Trident Group
14.3.8 Shenzhen Fuanna
14.3.9 Shanghai Hometex
14.3.10 Honsun Home Textile Co Ltd