Authored By: Sarah
12 Feb 2025

Latest News- Home Textile Retail Market: Offline is expected to lead the Distribution Channel segment during 2025-2029

The Home Textile Retail Market is being driven by Innovation and portfolio extension leading to premiumization

The Home Textile Retail Market is expected to grow at a CAGR of 6.6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 74.7 billion. In the dynamic home textile retail market, vendors are implementing various strategies to expand their reach and attract a larger customer base. One such approach gaining traction is distribution channel expansion, specifically the adoption of an omnichannel strategy. This approach enables manufacturers to sell home textile products not only through traditional brick-and-mortar retailers but also via online shopping portals. Notable e-commerce retailers in this sector include Amazon.com, Rakuten Commerce, and Alibaba Group. The global B2C e-commerce industry is projected to experience substantial growth during the forecast period, further emphasizing the importance of a robust omnichannel presence for home textile vendors. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

  • Distribution Channel
    • Offline
    • Online
  • Product
    • BBO
    • Bed linen
    • Carpets and rugs
    • Upholstery
    • Others
  • Geography
    • APAC
      • China
      • India
      • Japan
      • South Korea
    • North America
      • Canada
      • US
    • Europe
      • Germany
      • UK
      • France
      • Italy
    • Middle East and Africa
      • South America

      According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

      • Innovation and portfolio extension leading to premiumization
      • Increased consumer spending on home renovation and household furnishing
      • Growing construction industry globally

      However, the market also witnesses some limitations, which are as follows:

      • Volatility of raw material prices
      • Stringent regulatory compliance
      • Long product replacement cycle

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      Market Scope in Home Textile Retail Market Research Report

      Market Scope

      Report Coverage

      Details

      Page number

      206

      Base year

      2024

      Historic period

      2019-2023

      Forecast period

      2025-2029

      Growth momentum & CAGR

      Accelerate at a CAGR of 6.6%

      Market growth 2025-2029

      USD 74.7 billion

      Market structure

      market_structure.ucfirst

      YoY growth 2024-2025(%)

      6.0

      Key countries

      US, China, India, Japan, Canada, South Korea, Germany, UK, France, and Italy

      Competitive landscape

      Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

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      Research Analysis Overview

      The Home Textile Industry caters to modern homes, with homeowners seeking unique designs for interior decoration and house furnishing. The real estate industry also plays a role in driving demand for home textiles, including furnishing fabrics like bed linens, bath linens, and kitchen linens. Affluent consumers, influenced by international taste, prefer specialty stores offering eco-friendly products and foreign brands. Organized retail, housing trends, and the millennial age group further fuel growth in this sector. Technologies like blend fibers, weaving, knitting, and crocheting contribute to the production of various home textiles, while e-commerce platforms expand accessibility. (50 words)

      Market Research Overview

      The home textile retail market is a significant segment of the global textile industry, catering to the modern homeowner's demand for designs that align with contemporary interior decor and modern furniture. The market encompasses furnishing fabrics, including curtains, tablecloths, and upholstery, which play a pivotal role in enhancing the aesthetic appeal of rooms. The real estate industry's affluent consumers, influenced by international taste, seek timeless patterns and coordinated color schemes with wall colors and lighting. Geotextiles, synthetic permeable textiles manufactured using polymers like polyester, polypropylene, polyethylene, and polyamides, are gaining popularity due to their application in landscaping, road construction, and erosion control, further fueling market growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.


      Contacts

      Technavio Research
      Jesse Maida
      Media & Marketing Executive
      US: +1 844 364 1100
      UK: +44 203 893 3200
      Email: media@technavio.com
      Website: www.technavio.com/

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