Home Textile Product Information and Analysis with Forecast Growth - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
"Home
Textile Product Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2017 - 2025"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
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Description-
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– In
recent years, home textile products have surfaced as one of the most
attractive and fashion sensitive segments in the overall textile
market. After going through a barren phase during the fiscal crisis
of 2008, the home textile product market has recovered and is
registering considerable growth during the past few years. This
economy recovery is expected to generate GDP growth, increase
consumer purchasing power, and bolster the housing market, all of
which combined are expected to boost the sales of home textiles
products. Although the home textile product market accounts for only
a small share of the total textile market, it is expected to grow at
a healthy rate during the forecast period primarily driven by strong
performance by exporting countries like India, China, Vietnam, and
Bangladesh.
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– There
are many factors driving the global home textile product market.
Rising focus on the market by governments and favorable regulatory
policies are expected to be one of the major reasons for the market’s
upheaval. Such support has met with growth in investments in the
market, further bolstering growth. The growing real estate market
along with growing consumer spending on home decoration/renovation is
also expected to be another major driver of growth for the market.
Growth in fashion trends and sensitivity toward household furnishing
is also expected to add to the market’s expansion. Furthermore, the
market is expected to reach new heights with the emergence of
e-commerce with growth in number of shopping websites.
– There are, however, some
factors which are restraining the market growth. The global home
textile product market is expected to face considerable challenge
from the high cost of logistics. The main producers of home textile
products are located in developing countries that have weak
infrastructure and logistics chains which is expected to emerge as a
major factor restraining market growth. Such economies have abundance
of low-quality raw materials and face shortage of high-quality raw
materials which are essential for making high quality products of
international standard. Moreover, the long product replacement cycle
of home textile products is expected to hinder the market’s growth.
– The global home textile
product market can be segmented on the basis of category and
geography. On the basis of category, the market can be segmented into
bed linen & bed spread, bath/toilet linen, kitchen linen,
upholstery, floor and others. Based on category, upholstery is
expected to be the largest segment. On the basis of geography, the
market can be segmented into North America, Europe, Asia Pacific,
Middle East & Africa, and South America. North America is
expected to hold a major share of the total market owing to the
soaring demand for home textile products. The region is driven by
countries like the U.S., where the market has seen huge amounts of
home textile products imported from Asia. Europe is expected to
follow North America in terms of market share. The market in Asia
Pacific is expected to grow at a significant rate owing to the
booming housing market and rapidly growing middle class. The region
is expected to be primarily driven by countries such as India, China,
and Bangladesh, which have abundance of product suppliers.
– Major players in the global
home textile product market are Welspun Group, Alok Industries
Limited, Trident Group, Himatsingka Seide Limited, Bombay Dyeing,
Bombay Rayon Fashions Ltd, Indo Count Industries Ltd., Sunvim Group,
Raymond Ltd, Orient International Holding, Shanghai Hometex Co.,
Ltd., Luolai Lifestyle Technology Co. Ltd, Honsun Home Textile Co.,
LTD., and Hunan Mendale Hometextile Company Ltd. Other prominent
market players include RUBELLI GROUP, Etro S.p.A., Ralph Lauren Media
LLC, Nina Campbell Ltd., de Le Cuona, Marvic Textiles, and FAZZINI
s.r.l.
– The report offers a
comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections
about market size. The projections featured in the report have been
derived using proven research methodologies and assumptions. By doing
so, the research report serves as a repository of analysis and
information for every facet of the market, including but not limited
to: Regional markets, technology, types, and applications.
– The study is a
source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
– The regional
analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
– The report has been compiled
through extensive primary research (through interviews, surveys, and
observations of seasoned analysts) and secondary research (which
entails reputable paid sources, trade journals, and industry body
databases). The report also features a complete qualitative and
quantitative assessment by analyzing data gathered from industry
analysts and market participants across key points in the industry’s
value chain.
– A separate analysis of
prevailing trends in the parent market, macro- and micro-economic
indicators, and regulations and mandates is included under the
purview of the study. By doing so, the report projects the
attractiveness of each major segment over the forecast period.
– Highlights of the
report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
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