Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*
Home Textile Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
| A06339 | Pages: NA | Jun 2021 | 1740 Views | | |
| Author(s) : NA | Tables: NA | Charts: NA | Formats*: | |
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Home Textile Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
Request Now !Home textiles are fabrics used for home furnishing and decoration. The home textile market includes a variety of decorative and functional products that are used to decorate the house. Both natural, as well as artificial fabric, can be used to manufacture home textile products. But sometimes both of them are mixed to form a stronger fabric. This industry has continuously witnessed steady growth in the global market. The changing lifestyle of people and their urge to decorate and furnish the house in the newest trend has created a high demand for home textiles all over the world. The demand for handwoven home textile in European countries is very high. Also, European customers are willing to pay a huge amount to purchase this product. Furthermore, a great scope in increased sales can be expected from North America in the future. Most home textile products record a significant sale from both vendors or third party brick and mortar stores. Although the growth of offline sales is much slower than that of online sales. This market has a great potential to grow and will accelerate throughout the forecast period.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2020–2027 |
Base year considered | 2019 |
Forecast period | 2021–2027 |
Forecast units | Value ($US) |
Segments covered | Product, Material, Fabric Type, Application, Distribution Channel, and Region |
Regions covered | North America (U.S. and Canada), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and Rest of LAMEA) |
Companies covered | Welpson Group, Bed Bath & Beyond Inc., Dicitex, Loftex China Ltd., Luolai Home Textile, American Textile Company Inc., Trident Group, Sunvim Group, Evezary, and Franco Manufacturing Company. |
COVID-19 Scenario Analysis:
COVID-19 has deeply impacted the sales of the home textile market.
The home textile industry is grappling with profitability issues.
India and China being the major producers of home textile products, are adversely affected.
The production of these products is at a halt.
The demand for the product is also declining due to the prevailing lockdown situation.
Sales in potential markets like that of Europe and America have fallen as import-export activities are also stopped.
The supply chain has been disrupted.
This industry employs millions of workers, and companies are laying off their employees due to the COVID-19.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Increase in number of nuclear families, rise in disposable income, surge in sensibility toward aesthetic household furnishing, modern lifestyle, renovation & fashion sensitivity, growing real estate market, rapid industrialization & urbanization, and penetration of e-commerce fuel the growth of global home textile market. Favorable regulatory policies and increased focus by the government on the home textile industry boost the growth of the market.
Home textile industry is expected to face considerable challenges from the high cost of logistics. The availability of counterfeit products and high competition can hamper the growth of home textile markets globally.
Increase in the product portfolio and investments in R&D can propel the market growth of home textiles. More and more innovations like wood curtains for UV protection and much more can also drive the home textile market growth. There's a vast scope for innovation in this market. For instance, a company recently came up with the bed-in-a-bag concept, including all the textile products need in the bedroom.
Trends in global home textile market are as follows:
Eco-friendly home furnishing:
Environmental sustainable products are gaining attraction of the consumers because of environmental concerns. Manufacturers across the globe are coming up with products made from natural fibers as these are more eco-friendly than synthetic fibers. A wide range of aesthetic products is offered now like furniture made from bamboo, curtains made from wood, and much more. Manufacturers have now refrained using chemical dyes and are using natural fibers.
Key Segments Covered:
Segments | Sub-segments |
Product |
|
Material |
|
Fabric Type |
|
Application |
|
Distribution Channel |
|
Key Benefits of the Report:
This study presents the analytical depiction of the global home textile industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global home textile market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global home textile market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global home textile market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Home Textile Market Research Report:
What are the leading market players active in the home textile market?
What the current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
Access from any device, anywhere
Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.
REQUEST TOC/SAMPLE
Purchase Full Report of
Home Textile Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
10%
Discount
- Library Membership
- $ 699/mo
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers