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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