Latest News- Home Textiles Market in US: Offline is expected to lead the Distribution Channel segment during 2024-2028

The Home Textiles Market in US is being driven by Increased consumer spending on household decor and furnishing

The Home Textiles Market in US is expected to grow at a CAGR of 5.17% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 6.31 billion. The surge in environmental consciousness has significantly influenced the home textiles market in the US, driving demand for eco-friendly options. Factors such as the environmental impact of extensive deforestation and the health risks associated with toxic finishes have prompted furniture manufacturers to adopt sustainable practices. Leading home textiles manufacturers in the US, including Greenland Home Fashions and American Textile Co., are responding to this trend by producing eco-friendly textiles. These companies utilize plant-based fibers, grown without harmful chemicals, pesticides, or fertilizers, in their products. Moreover, they eschew the use of chemicals in dyeing processes to minimize environmental impact and ensure the production of healthier home textiles. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Distribution Channel
  • Offline
  • Online
• Product
  • Bedroom linen
  • Bathroom linen
  • Carpets and floor covering
  • Kitchen linen
  • Curtains and drapes
• Material
  • Polyester
  • Cotton
  • Silk
  • Wool
  • Others
• Geography
  • US

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

• Increased consumer spending on household decor and furnishing
• Constant innovations on large portfolio of home textile products
• Rising demand for home textiles from real estate sector in US

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

• Fluctuations in raw material prices of home textiles
• Imposition of stringent regulatory policies on raw materials used for production of home textiles
• Low product replacement cycle of home textiles

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Market Scope in Home Textiles Market in US Research Report

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Research Analysis Overview

The Home Textiles Market in the US encompasses a wide range of textile products designed for decorating and functional purposes. These include various styles and colors of fabrics for furnishing, such as natural fibers like Cotton, Silk, Wool, Linen, and artificial fibers like Polyester, Nylon, Rayon, for weaving, knitting, and non-woven production. The market offers an extensive selection of Carpets, Rugs, Curtains, Cushion covers, Napkins, Towels, Bedspreads, Upholstery, and Table linen, catering to both aesthetic and functional needs.

Market Research Overview

The home textiles market in the US is a significant segment of the global textiles market, encompassing textile products utilized for decorating, furnishing, and functional purposes. This market category falls under the broader umbrella of the global textiles market, which spans various product applications, such as fashion, technical, home furnishings, and others, excluding apparel, accessories, luxury goods, and footwear. According to Technavio, the global textiles market's size is determined by the consolidated revenues of textile, apparel, luxury goods, footwear, and accessory manufacturers. Key growth drivers for the global textiles market include the escalating demand for geotextiles, which will positively impact the US home textiles market during the forecast period.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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