A recent report published by Infinium Global Research on textiles home décor market provides an in-depth analysis of segments and sub-segments in the global as well as regional textiles home décor market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional textiles home décor market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global textiles home décor market. According to the report, the global textiles home décor market is projected to grow at a CAGR of 6.62% over the forecast period of 2019-2025.
Textiles home décor includes rugs, bed linens, kitchen linens, curtains, carpets, and other textile derivatives. The manufacturers are focusing more on artistic designs for textile home décor. Many of the furniture manufacturers and textile industry players such as Inter IKEA Holding S.A., Forbo International SA, Mannington Mills, Inc., Mohawk Industries, Inc, Ashley Furniture Industries Ltd., Kurlon Enterprise Limited, Companhia de Tecidos Norte de Minas, Berkshire Hathaway Inc., Williams-Sonoma, Inc., Nitori Holdings Co., Ltd. and other companies have a significant share in the textile home décor market.
The growing real estate and furniture industries are the major drivers for the textile home décor market. A large number of people are building and buying homes and also buying furniture and accessories to decorate the houses. Moreover, improving the living standards of the people due to increasing disposable income is expanding the growth of the textile home décor market. As living standards increase, people tend to buy more luxurious and fancy objects. Furthermore, growing urbanization in developing countries including China, India and Korea are contributing to the growth of the textiles home décor market. Additionally, improving the economic conditions of the population in developing countries has augmented the growth of the textiles home décor market. However, the increasing cost of raw materials is the major restraining factor for the growth of the textiles home décor market. Nevertheless, the growing demand for bed linen is anticipated to offer favorable opportunities to the players in the market.
Regionally, North America generated the highest revenue in the textiles home décor market, dominating the global market. The dominance of the North America market attributed to the high disposable income of individuals and widespread urbanization. Moreover, the better standards of living of the people and the availability of the products boost the growth of the textile home décor market in this region. Whereas, Asia-Pacific is expected to register the fastest growth in the global textile home décor market owing to the improved distribution network.
The report on global textiles home décor market covers segments such as product type and distribution channel. On the basis of product type, the sub-markets include rugs, bath linen, bed linen, kitchen linen, curtains, floor carpets, and other product types. On the basis of distribution channel, the sub-markets include retail stores, manufacturer stores, e-commerce stores, direct to consumer, and other distribution channels.
The report provides profiles of the companies in the market such as Inter IKEA Holding S.A., Forbo International SA, Mannington Mills, Inc., Mohawk Industries, Inc, Ashley Furniture Industries Ltd., Kurlon Enterprise Limited, Companhia de Tecidos Norte de Minas, Berkshire Hathaway Inc., Williams-Sonoma, Inc., Nitori Holdings Co., Ltd., and Other Companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of textiles home décor market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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