Textiles Home Decor Market : Key Players, Examination, and Forecast Through 2018-2028
The global textiles home decor market is rapidly expanding, fueled by the growing demand for stylish, personalized interior design solutions and the rise of the hospitality and catering industry.
According
to TechSci Research's report, "Global Textiles
Home Decor Market - Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2028," the market reached USD 104.65 billion in
2022 and is projected to grow at a 6.67% CAGR from 2024 to 2028. This dynamic
industry encompasses various products such as curtains, bedding, and rugs,
catering to consumers' desires for personalized living spaces. Key drivers
include evolving interior design trends, rising disposable income, and the
popularity of online shopping. Sustainability and eco-friendly materials are
gaining traction, reflecting environmental concerns. The market features a
competitive landscape with both traditional retailers and e-commerce giants,
offering abundant choices for consumers.
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The
Textiles Home Decor Market is driven by evolving interior design trends, with
textiles and fabrics playing a crucial role in creating personalized living
spaces. Increasing disposable income worldwide fuels demand for premium home
decor textiles, reflecting consumers' desire for aesthetically pleasing
environments. Sustainability is a growing trend, leading to the development of
eco-friendly materials and production processes. The market landscape includes
traditional retailers and e-commerce giants like Amazon and Wayfair, with
online shopping experiencing significant growth due to its convenience and vast
product selection.
Social
media platforms like Instagram and Pinterest serve as sources of inspiration,
driving consumer purchases and fostering a sense of community among
enthusiasts. With the rise of e-commerce, online presence becomes increasingly
important, offering convenience, variety, and enhanced shopping experiences
through customer reviews and recommendations. As consumers prioritize
accessibility, the online segment of the Textiles Home Decor Market is expected
to continue expanding, shaping the industry's future.
Major
companies operating in Global Textiles Home Decor Market are:
- Mannington Mills, Inc
- American Textile
Company.
- Leggett & Platt,
Incorporated
- Nitori Holdings Co.,
Ltd.
- Williams-Sonoma Inc.
- MOHAWK INDUSTRIES, INC.
- American Signature,
Inc.
- Vescom B.V.
- Mittal International
- Kimball International
Inc.
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"The
Textiles Home Decor Market thrives on diverse products such as curtains,
bedding, and rugs, enhancing living spaces' personalization and aesthetics.
This sector, integral to interior design and home improvement, mirrors evolving
consumer tastes and increasing incomes. Sustainability and eco-friendly
materials are gaining traction amid growing environmental awareness. With a mix
of traditional retailers and dominant e-commerce platforms, the market is
fiercely competitive. As consumers demand unique and trendy textiles for their
homes, the industry adapts and innovates, ensuring its dynamism and
evolution," stated Mr. Karan Chechi, Research Director at TechSci
Research.
The report,
"Textiles Home Decor Market – Global Industry Size, Share, Trends,
Opportunity, and Forecast, Segmented By Product Type (Bed linen &
Bedspread, Floor Coverings, Kitchen and Dining Linen, Bath/Toilet Linen,
Upholstery, and Others), By Application (Indoor Decor, Outdoor Decor), By Sales
Channel (Supermarkets/Hypermarkets, Specialty Stores, Online, Others), By
Region, By Competition, 2018-2028," assesses the global market's growth potential, offering insights into
size, structure, and future growth. It aims to provide cutting-edge market
intelligence for sound investment decisions, analyzing emerging trends,
drivers, challenges, and opportunities in the Textiles Home Decor Market.
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