According to the report, the United States home textiles market reached a value of approximately USD 24.32 billion in 2022. Aided by the rising demand for stylish and comfortable home decor items and the growing use of home textiles in various applications, the market is projected to further grow at a CAGR of 5.20% between 2023 and 2028 to reach a value of around USD 33.16 billion by 2028.
Home textiles encompass a wide array of products, including bedding, towels, curtains, carpets, table linens, and others. They are not only essential for their functional roles, such as providing comfort, hygiene, and protection, but also play a crucial part in interior decoration, imparting aesthetic appeal and style to the living space. The increasing consumer preference for elegant, stylish, and comfortable home decor items is fuelling the United States home textiles market growth.
With the growing awareness of the importance of comfort and hygiene at home, there has been a significant shift towards high-quality home textiles. This trend, combined with rising disposable incomes, has led to an upsurge in demand for premium home textile products. Moreover, the emergence of e-commerce platforms offering a wide variety of products at competitive prices has significantly contributed to the United States home textiles market expansion.
Home textiles find widespread applications in households, hotels, hospitals, and other commercial establishments. In the residential segment, the demand for home textiles is primarily driven by renovation activities and the growing interest in home decor. For commercial establishments, such as hotels and hospitals, home textiles are vital for providing a comfortable and hygienic environment to their customers and patients.
The United States home textiles market also benefits from advancements in textile technologies and the introduction of innovative products. With the incorporation of smart technology, the home textiles segment has seen the advent of products such as smart beds and rugs that monitor health parameters, and curtains and blinds that can adjust to lighting conditions. Furthermore, the increasing emphasis on sustainability has led to the development of home textiles made from eco-friendly materials, thereby driving market growth.
On the other hand, the rising trend of minimalist and modern interior designs has led to an increased demand for home textiles with simple, sleek designs and neutral colours. Moreover, with the growing popularity of DIY home decor, consumers are increasingly looking for customisable home textile products, thereby providing new opportunities for the United States home textiles market development.
These high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
The analyst always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Home textiles encompass a wide array of products, including bedding, towels, curtains, carpets, table linens, and others. They are not only essential for their functional roles, such as providing comfort, hygiene, and protection, but also play a crucial part in interior decoration, imparting aesthetic appeal and style to the living space. The increasing consumer preference for elegant, stylish, and comfortable home decor items is fuelling the United States home textiles market growth.
With the growing awareness of the importance of comfort and hygiene at home, there has been a significant shift towards high-quality home textiles. This trend, combined with rising disposable incomes, has led to an upsurge in demand for premium home textile products. Moreover, the emergence of e-commerce platforms offering a wide variety of products at competitive prices has significantly contributed to the United States home textiles market expansion.
Home textiles find widespread applications in households, hotels, hospitals, and other commercial establishments. In the residential segment, the demand for home textiles is primarily driven by renovation activities and the growing interest in home decor. For commercial establishments, such as hotels and hospitals, home textiles are vital for providing a comfortable and hygienic environment to their customers and patients.
The United States home textiles market also benefits from advancements in textile technologies and the introduction of innovative products. With the incorporation of smart technology, the home textiles segment has seen the advent of products such as smart beds and rugs that monitor health parameters, and curtains and blinds that can adjust to lighting conditions. Furthermore, the increasing emphasis on sustainability has led to the development of home textiles made from eco-friendly materials, thereby driving market growth.
On the other hand, the rising trend of minimalist and modern interior designs has led to an increased demand for home textiles with simple, sleek designs and neutral colours. Moreover, with the growing popularity of DIY home decor, consumers are increasingly looking for customisable home textile products, thereby providing new opportunities for the United States home textiles market development.
Market Segmentation
The market can be divided based on product type, material, and region.Market Breakup by Product Type
- Bedroom Linen
- Bathroom Linen
- Carpet and Flooring
- Others
Market Breakup by Material
- Cotton
- Polyester
- Viscose
- Others
Market Breakup by Region
- New England
- Mideast
- Great Lakes
- Plains
- Southeast
- Southwest
- Rocky Mountain
- Far West
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the United States home textiles companies.Some of the major key players explored in the report are as follows:
- Springs Global USA
- New Sega Home Textiles
- Ralph Lauren Corporation
- Welspun Group
- Trident Group
- Standard Textile
- H&M Group
- Others
About the Analyst
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.These high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
The analyst always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions6 Market Snapshot7 Opportunities and Challenges in the Market8 North America Home Textiles Industry Outlook15 Key Trends and Developments in the Market
3 Report Description
5 Executive Summary
9 United States Home Textiles Market Analysis
10 United States Home Textiles Market by Product Type
11 United States Home Textiles Market by Material
12 United States Home Textiles Market by Region
13 Market Dynamics
14 Competitive Landscape
List of Key Figures and Tables
Companies Mentioned
- Springs Global USA
- New Sega Home Textiles
- Ralph Lauren Corporation
- Welspun Group
- Trident Group S.A.dard Textile
- H&M Group
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 178 |
Published | October 2023 |
Forecast Period | 2023 - 2028 |
Estimated Market Value ( USD | $ 25.62 Billion |
Forecasted Market Value ( USD | $ 33.16 Billion |
Compound Annual Growth Rate | 5.2% |
Regions Covered | United States |
No. of Companies Mentioned | 6 |