Quilt is a multi-layered textile, a woven cloth top, a woven, a layer of batting or wadding, combined using the technique of quitting, and sewed the three layers together to form a quilt. It is lightweight and breathable, with less filling and is usable during summer and winter season. Quilting can be done in two ways—hand quilting and machine quilting. Traditional work in many regions is hand quilting and have a high demand.
COVID-19 Scenario Analysis:
The quilt industry is severely hit by the COVID-19 pandemic. Companies have to cancel their new launches of spring edition which will affect the financial position and also the inventory management.
Due to the ban on the flights, exports have been affected. This has affected the trading of local retailers due to lack of stock to meet the consumer demand.
Manufacturers are also facing problems as people are staying in their homes due to safety measures and cancelation of orders from oversea retailers.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
Changes in lifestyles, increase in disposable income, surge in adoption of luxurious items, and rise in living standard are the factors that drive the growth of the global quilt market. Quilt are not only used for bedding but also for wall hanging and table runners. However, the cost of raw material and competitive substitute products hinder the growth of the market.
The global Quilt market trends are as follows:
Quilt can be used for decoration, artistic expression, and traditional gifts and thus the companies are focusing on producing quilts with different colors and grey and blues colors are in trend.
Quilts can be customized as per the preference of customers. In the quilt market accessories like pillows, play an important role because bedding should be matching and presentable. So, companies also focus on offering additional accessories to the customers.
Manufacturers are producing beautiful items that can help homemaker make home more presentable. They are creating different patterns and also using words as a pattern to design the quilt.
Companies are adopting new sewing techniques to make quilts.
Key Benefits of the Report:
This study presents the analytical depiction of the global quilt 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 quilt market share.
The current market is quantitatively analyzed to highlight the global quilt market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global quilt market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Quilt Market Research Report:
What are the leading market players active in the quilt 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?
Quilt Market Report Highlights
Key Market Players
Anthropologie, Laura Ashley, C&F Luolai, Nautica, Echo, Calvin Klein, Croscill, Greenland Home Fashions, Pem America, Shanghai Shuixing, Lambs & Ivy