Home Textile Market Size is Expected to Reach Around USD 135.6 Billion by 2025 | CAGR 5.25%

NEW YORK - Oct. 31, 2022 - PRLog -- The scope of the global Home Textiles Market in 2018 was estimated at US$ 94.88 billion according to a report from the experts. It is projected to reach US$ 135.6 billion by 2025 with a CAGR of 5.25% during the forecast period.

The global home textiles market is expected to grow due to the development in end-use segments such as residential and hospitality. An increase in real estate has led to an increase in home-based interior decoration. This is also expected to be a key feature that will boost growth in the coming years. The development of home textiles will also be influenced by changes in the way we furnish our homes.

Drivers:

The global home textile market is driven by many factors. One of the main reasons for development is likely to be the increasing concentration of governments and the promise of supervisory strategies. This type of backing has led to an increase in market funds. This is also helping to boost development. The development is expected to be boosted by an increase in the style and thoughtfulness of domestic furnishing.

Restraints:

There are also reasons that are preventing the development. The rising costs of logistics are expected to pose significant challenges for the global home textiles sector. Emerging nation-states with weak logistics and organization chains are home to the largest manufacturers of home textiles. This will be the biggest obstacle to the growth of the home textile market.

Key Market Segments

Type

• Bedding
• Curtain & Blind
• Carpet
• Towel
• Kitchen Linen
• Blanket

Application

• Household Use
• Commercial Use

Key Market Players included in the report:

• Ralph Lauren
• Goldsun
• Fengzhu Textile
• Lanzhou Sanmao
• Springs Global
• RUBELLI
• Comatex
• Gelisen Textile
• Gandong Textile
• Fineweave Textile
• LEE JOFA (Kravet)
• Ningbo Guangyuan
• Nansi Textile
• Sunvim
• Mendale Hometextile
• Fremaux Delorme
• Tevel
• Veken Elite
• Violet Home Textile
• Luolai Home Textile

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