Increasing Innovation in Designs, Styles, Quality, Patterns Globally Drives Growth of Home Textile Market

Home textile market is anticipated to grow at a significant CAGR of 5.6% during the forecast period (2024-2031). The market growth is attributed to rising customer demands for opulent interior design as well as a warm and inviting emphasis on healthful textile options, increasing adoption of sustainable and ecologically friendly materials with transparency certificates are growing more popular, customers are turning away from synthetic fabrics and embracing organic and recycled fibers. According to the Textile Exchange, in December 2023,  global fibre production increased from around 112 million tonnes in 2021 to a record 116 million tonnes in 2022, global fiber production has almost doubled from 58 million tonnes in 2000 and is expected to grow to 147 million tonnes in 2030. Polyester fiber production volumes increased from 61 million tonnes in 2021 to 63 million tonnes in 2022. Making up 54.0% of total global fiber production in 2022.

Browse the full report description of “Home Textile Market Size, Share & Trends Analysis Report by Product (Bed Linen & Bed Spread, Bath/Toilet Linen, Floor, Upholstery, and Kitchen Linen), by Material (Cotton, Polyester, Wool, Silk, Linen, and Blends), and by Application (Residential, Commercial and Institutional) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/home-textile-market

The perception of home textiles as an extension of a homeowner's character, interests, and inclinations is growing. To draw in more customers, product producers have been continuously innovating in terms of designs, styles, quality, patterns, and applications. The growing real estate market and rising standards of living have led to an increase in spending on interior design and home décor. A notable trend among consumers is their affinity for innovative design that centers on high-end, vintage home textiles. Companies in the market are now meeting this desire by providing a large selection of retro and vintage textiles for outdoor and interior design.

Recent Developments

• In May 2024,  HeiQ partners with Culp to apply HeiQ Allergen Tech, a 100% biobased solution that reduces allergens on textiles, onto interior upholstery fabric. HeiQ announces the extended application of HeiQ Allergen Tech to bring the benefits of this biobased textile technology to the interior upholstered furniture market, marking a unique launch into this segment.  

• In May 2024 , Upholstery Materials from Continental Make Their Debut at Clerkenwell Design Week. The team of surface specialists at Continental is presenting their synthetic upholstery fabrics from the skai brand for the first time at the Clerkenwell Design Week festival.

Market Coverage

• The market number available for – 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

• Segment Covered- 

o By Product

o By Material

o By Application

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape- IKEA Group, Springs Global, Trident Group and Welspun Group, among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Home Textile Market Report Segment

By Product

• Bed Linen & Bed Spread
• Bath/Toilet Linen
• Floor
• Upholstery
• Kitchen Linen

By Material

• Cotton
• Polyester
• Wool
• Silk
• Linen
• Blends

By Application

• Residential
• Commercial
• Institutional

Global Home Textile Market Report Segment by Region

North America

• United States

• Canada 

Europe

• UK

• Germany

• Italy

• Spain

• France

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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