Home / Knowledge / News / Textiles / Textiles home decor market to cross $185,000 mn by 2027
Textiles home decor market to cross $185,000 mn by 2027
02
May '18
Courtesy: Donald Tong from Pexels
Courtesy: Donald Tong from Pexels
The global market for home décor textiles is expected to record an impressive growth between 2018 and 2027. Growing consumer confidence, capacity expansions, social responsibility and sustainability trends, and a booming e-commerce sector will take revenues from worldwide sales of these textiles to over $ 185,000 million by 2027, according to a new report.

Asia-Pacific excluding Japan (APEJ) will continue to dominate the global textiles home décor market, says the report by market intelligence company Transparency Market Research (TMR). Countries in that category like China and India, have remained leading global exporters of home textiles.

Manufacturers and exporters of home textiles in India have recorded higher profit margins. The Chinese home textile industry is currently focusing more on garments business. Considering US home textile imports, China will continue to be dominant, with relatively larger number of shipments compared to other APEJ countries, says the report.

Bed linen is expected to be the most remunerative product in this market, with an estimated revenue share of over 33 per cent during 2018-2027. Demand for bed linen is likely to grow at a brisk pace, with a steady stream of opportunities expected to emerge in both developed and developing markets.

Sensing the lucrativeness of this segment, manufacturers are focusing on consolidating their position, the report says.

Prominent manufacturers are also focusing on increasing capacity and setting up new plants. Welspun India opened a new plant in Anjar, Gujarat, recently and forayed into the flooring solutions segment.
Bombay Dyeing is focusing on a massive revamp of its home textile business by investing over $ 15 million.

However, a key challenge for stakeholders in this segment is the highly fragmented presence of unorganized players.

Indoor applications of home décor textiles are expected to account for bulk revenue share of the market. However, revenues from outdoor applications of home décor textiles will increase at a relatively higher compound annual growth rate till 2027, says the report.

The key companies underpinning expansion of the global home décor textiles market are Mannington Mills, Inc., Companhia de Tecidos Norte de Minas, Kurlon Enterprise Limited, American Textile Company, Inc., Leggett & Platt, Incorporated, Nitori Holdings Co., Ltd., Williams-Sonoma, Inc., Berkshire Hathaway Inc., Ashley Furniture Industries, Inc., Mohawk Industries, Inc., and Inter Ikea Systems B.V. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

'Knitting machines can be used for various applications'

Textiles | On 21st Aug 2018

'Knitting machines can be used for various applications'

Flat knitting machines have the potential of being used for a number...

Bangladesh imported 46% of cotton requirement from India

Textiles | On 21st Aug 2018

Bangladesh imported 46% of cotton requirement from India

Bangladesh imported 46 per cent of its requirement of cotton from...

Indian team finds way to cut water use in textile industry

Textiles | On 21st Aug 2018

Indian team finds way to cut water use in textile industry

Researchers at the department of chemistry in Calicut University in...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Karl Zelik
Vanderbilt University

A team of engineers at the Vanderbilt University has designed a smart...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Johan Berlin
Investkonsult Sweden AB

Investkonsult Sweden AB are consultants in the nonwoven and absorbent...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


August 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search