Home Textile Products Market to reach US$ 140 Bn by 2027, Emergence of 3D Fabric for Expanded Product Line to Stimulate Growth, TMR

Interest of product manufacturers in sustainable silk for lightweight home textile products gathers momentum

Growth dynamics, innovations, and opportunities in the home textile products market to expand at a growth rate of ~5%

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Oct 01, 2021, 07:30 ET

ALBANY, N.Y., Oct. 1, 2021 /PRNewswire/ --

Home Textile Products Market – Overview

The growing focus of manufacturers for the use of sustainable materials for home furnishings is creating opportunities in the home textile products market. In order to serve this, entities associated with the home textile products market are undertaking research for innovative materials to align with environment conservation goals as much as possible.

The novel concept of 3D fabric is creating new growth dimensions for the home textile products market. The 3D fabric is developed by joining two fabrics facing each other with a spacer filament that imparts superior insulation characteristics. This is leading to the popularity of 3D fabrics for use in home textile products to translate into growth of the home textile products market.

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Home Textile Products Market – Key Findings of Report

Raw Material Innovations for Sustainability Goals Gather Steam

The increasing emphasis on sustainable and circular economy products is well received in most industrial environments the world over. Thus, to be in line with such goals, stakeholders in the home textile products market are engaged in innovations such as smart materials that minimize damage to the environment and are useful as well. Efforts from a Japan-based chemicals company for the development of smart fiber composed of cotton linter that does not deplete forest resources is a case in point. The role of ancillary industries for such goals is bolstering the home textile products market.

The growing prominence of regenerated cellulose is adding a new dimension in the growth of the home textiles market. Base fiber for regenerated cellulose is cotton and a characteristic of a full circular economy attributes that accounts for its growing popularity.

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The collaboration of raw material manufacturers and product manufacturers to introduce toxic-free and biodegradable fibers and combine a few materials to create new fabric blends with distinctive features is promising for the growth of home textile products market. The manufacture of new linen blends for the manufacture of breathable and soft fabrics for home textile products is a fine example. Efforts of raw material manufacturers to increase production capacities to create new blends of home textile products are favorable for the growth of home textile products market.

Availability of Vegan Silk Variants to Create Demand

Innovations in vegan silk that is produced adhering to animal cruelty-free norms are creating a new customer base for home textile products. Large populations in the world are giving up the use of products that are manufactured using animal products. Innovative silk materials such as spider silk, art silk, and soy silk, which are used in the manufacture of home textile products, are created to serve this growing customer base. The demand for vegan silk from the growing number of home furnishing brands that has online presence bolsters the home textile products market.

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Home Textile Products Market – Regional Growth Dynamics

Asia Pacific holds the leading market share of the home textile products market. Factors such as rapid economic growth in some countries of the region leading to increasing spending by individuals to improve interior spaces is creating demand for home textile products.

The presence of some key players in the region who are investing heavily in innovative and sustainable products contributes to the growth of the home textile products market in the region.

Europe is the second-leading region in the home textiles market. Proliferation of Industry 4.0 and adoption of advanced sensor technologies by manufacturers of home textile products are enabling them to meet production goals. This is favorable for the growth of the home textile products market in the region.

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Home Textile Products Market – Growth Drivers

Growing demand for furnishings among evolving living structures of families, couples, and individuals fuels the growth of the home textile products market
Innovations for sustainable raw materials and role of some e-commerce giants to introduce their own product labels drive the home textile products market

Home Textile Products Market – Key Players

Some of the key players operating in the home textile products market are Arvind Limited, Dicitex, Franco Manufacturing Company Inc., Grasim, Luolai Home Textile Products, Trident Group, Beyond Textiles Pvt. Ltd., Evezary Co. Ltd., GHCL Limited, Loftex China LTD., Mehera Shaw, and Welspun Group.

Global Home Textile Products Market: Segmentation

Home Textile Products Market, by Product

Window Coverings

Curtains
Blinds

Roller Blinds
Venetian Blinds
Others

Sun filters
Drapes

Upholstery Fabric
Bed Linen

Bed Sheets
Bed Spreads
Pillows & Pillow Covers
Others

Table Linen

Runners
Table Skirting
Table Mats
Others

Bathroom Linen

Bath Towels
Bath Mats
Face Towels
Others
Others

Home Textile Products Market, by Material

Natural
Synthetic
Blended

Home Textile Products Market, by Distribution Channel

Online

e-Commerce Websites
Company Websites

Offline

Supermarkets/Hypermarkets
Specialty Stores
Retail Stores

Home Textile Products Market, by End Use

Residential
Commercial

Hotels/Resorts
Offices
Shops
Others

Contract Sectors

Home Textile Products Market, by Woven Fabric Type

Buckram Fabric
Casement Fabric
Georgette Fabric
Sheeting Fabric
Others

Home Textile Products Market, by Region

North America
Europe
Asia Pacific
Middle East & Africa
South America

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