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 5.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 6604.9 million. The burgeoning environmental consciousness in the US market has significantly boosted the demand for eco-friendly home textiles. Factors such as the detrimental effects of extensive deforestation on climate change and the health hazards posed by toxic finishes on indoor air quality have propelled numerous furniture manufacturers towards adopting sustainable practices. Notable players in this sector, including Greenland Home Fashions and American Textile Co., have shifted their focus towards producing eco-friendly home textiles using plant-based fibers, grown without the use of pesticides, chemicals, and fertilizers. Moreover, these manufacturers have eschewed the application of chemicals in dyeing their fabrics, ensuring the production of healthier and more sustainable home textile products.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
182 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.2% |
Market growth 2025-2029 |
USD 6604.9 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
4.8 |
Key countries |
US |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Home Textiles Market in the US is witnessing significant growth due to the adoption of advanced technologies and consumer preferences for eco-friendly and functional textiles. Fiber blends, fabric weights, and textile finishes like water resistance, stain repellent, moisture wicking, thermal regulation, and UV protection are in demand. Textile certifications such as Oeko-Tex Standard 100, fair trade, recycled materials, and renewable resources are driving sustainability. Technological innovations like textile automation, digital textile printing, 3D printing, virtual reality, and augmented reality are revolutionizing the industry. Home staging and interior decorating trends influence consumer behavior, while retail analytics, customer segmentation, target audience, brand awareness, product differentiation, customer loyalty, value proposition, and competitive advantage are crucial marketing strategies.
The home textiles market in the US encompasses a range of product categories, including upholstery fabrics, decorative fabrics, table linens, kitchen textiles, and bath textiles. These textiles are utilized for various applications within the home furnishings sector. According to Technavio's market research, the global textiles market, which includes the revenues of manufacturers in this segment, will experience growth due to several factors. One significant driver is the increasing demand for geotextiles, synthetic permeable textiles fabricated using polymers such as polyester, polypropylene, polyethylene, and polyamides, which are gaining popularity for their use in construction and landscaping projects.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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