global home textiles market outlook

Global Home Textiles Market Outlook – Trends & Forecast till 2025

Prepared by Source

Asia Pacific Europe North

America RoW

45.6%

$56,154.7

50.7%

$77,005.7

24.2%

$29,777.5

20.7%

$31,351.9

23.3%

$28,681.1

21.5%

$32,627.2

7.0%

$8,587.1

7.1%

$10,840.3

2019

2025

Market Share

Market Share

Market Size (Million)

Market Size (Million)

Global Home Texiles Market and Opportunities Ahead

Major Home Textiles Markets and Its Growth Prospects (2020-2025)

Market Share

Market Share

Market Share

Market Share

Market Share

Market Size(Million)





2019 2025 CAGR (2020-2025)

Bed Linen & Bed Spread

Kitchen Linen

Floor

Bath & Toilet Linen

Upholstery

45.3%

20.1%

8.9%

12.0%

13.8%

47.5%

20.0%

8.1%

11.9%

12.6%

4.3%

3.4%

2.0%

3.4%

1.9%

$55,829.1

$24,757.1

$10,922.5

$14,730.6

$16,961.1

$72,088.1

$30,309.0

$12,365.3

$17,992.5

$19,070.3

Major Product Categories and Its Way Forward

Bed Linen&Bed Spread

Asia Pacific

Europe

North America

RoW

2019: $29,885.6

2025: $42,446.6

CAGR: 6.0%

2019: $2,970.0

2025: $3,668.6

CAGR: 3.5%

2019: $9,672.5

2025: $10,524.0

CAGR: 1.4%

2019: $13,300.9

2025: $15,448.9

CAGR: 2.5%

Home Textiles Major Product Categories: Regional Outlook (2019-2025)

CAGR % (2020-2025) All values are in Millions

Bath/ToiletLinen

Asia Pacific

Europe

North America

RoW

2019: $10,282.1

2025: $14,050.7

CAGR: 5.3%

2019: $2,123.6

2025: $2,727.1

CAGR: 4.2%

2019: $6,641.4

2025: $7,028.1

CAGR: 1.0%

2019: $5,709.9

2025: $6,503.1

CAGR: 2.1%

KitchenLinen

Asia Pacific

Europe

North America

RoW

2019: $4,766.8

2025: $5,841.6

CAGR: 3.4%

2019: $854.5

2025: $1,123.3

CAGR: 4.6%

2019: $3,017.7

2025: $2,957.8

CAGR: -0.3%

2019: $2,283.5

2025: $2,442.6

CAGR: 1.1%

Upholstery

Asia Pacific

Europe

North America

RoW

2019: $8,379.7

2025: $11,093.0

CAGR: 4.7%

2019: $1,081.6

2025: $1,366.5

CAGR: 3.9%

2019: $4,018.2

2025: $4,185.5

CAGR: 0.7%

2019: $1,251.1

2025: $1,347.6

CAGR: 1.2%

Floor

Asia Pacific

Europe

North America

RoW

2019: $2,840.5

2025: $3,573.9

CAGR: 3.8%

2019: $1,557.3

2025: $1,954.8

CAGR: 3.8%

2019: $6,427.6

2025: $6,656.6

CAGR: 0.6%

2019: $6,135.7

2025: $6,885.0

CAGR: 1.9%

Home Textiles Major Product Categories: Regional Outlook (2019-2025)

CAGR % (2020-2025) All values are in Millions

Large population & growing middle class families unfolds new growth opportunities for the Home textiles in APAC

Bed Linen &Bed Spread

Bath/ ToiletLinen

KitchenLinen

Upholstery

Floor


Bath & Toilet Linen

Upholstery

Kitchen Linen & Floor

Rapid urbanization & Increasing Disposable Income in the region, leading to higher expenditure

China holds ~60.32% share of the APAC home textiles market in terms of value

India is the fastest growing country in the APAC Home textiles market

India market is estimated to reach $10,626.8 million by 2025

CHINAMarket Size = $33,872.5 MnCAGR = 5.9%

INDIAMarket Size = $6,615.0 MnCAGR = 8.2%

JAPANMarket Size = $7,974.0 MnCAGR = 0.4%

REST OF APACMarket Size = $7,693.2 MnCAGR = 4.6%

Driving Factors of the Home Textiles in APAC

~60% of the global population lived in Asia-Pacific

Asia-Pacific is expected to be home to ~54.0% of the global middle class families by2020

Growing disposable income and life style changes is also one ofthe drivingfactor

Market Share: By Category (2019)

Market Size: By Category ($ Million, CAGR 2020-2025)

53.2%

18.3%

14.9%

13.5%

$29,885.6 Mn

$10,282.1 Mn

$4,766.8 Mn

$8,379.7 Mn

$2,840.5 Mn

6.0% 5.3% 3.4% 4.7% 3.8%

CAG

R

Asia-Pacific Home Textiles Outlook

2nd largest market, ~24.2% of global hometextiles market


Bath/ ToiletLinen

KitchenLinen

Upholstery

Floor


Bath & Toilet Linen

Upholstery


Expected to witness sluggish growth during the period of study due to prevailing economic conditions

Germany is the largest market accountingfor ~20.0% followed by Russia & U.K. with12.8% and 12.4% respectively

Rest of European region is the fastest growing home textiles market in the region

FRANCEMarket Size = $2,986.7 MnCAGR: 1.0%

GERMANYMarket Size: $5,973.4 MnCAGR: 1.0%

ITALYMarket Size: $2,373.3 MnCAGR: 0.8%

RUSSIAMarket Size: $3,799.6 MnCAGR: 0.2%

U.K.Market Size: $3,686.5 Mn CAGR: 0.5%

REST OF EUROPEMarket Size: $10,958.1 MnCAGR: 1.1%

European Home Textiles Market: Key Insights

Economic conditions in Russia is expected to significantly hamper home textiles consumption in the nation

Economic condition of the major economies in the region, a cause for worry

Bed linen segment, expected to be the fastest growing segment in the region

32.5%

22.3%

13.5%

31.7%

$ 9,672.5 Mn

$ 6,641.4 Mn

$ 3,017.7 Mn

$ 4,018.2 Mn

$ 6,427.6 Mn

1.4% 1.0% (0.3%)* 0.7% 0.6%

CAG

R

*Negative



Europe Home Textiles Outlook

United States accounted for 90.9% of the regional market


Bath/ ToiletLinen

KitchenLinen

Upholstery Floor

Bed Linen & Bed Spread contributed 46.4% towards regional markets followed by floor with 21.4% in 2019

Latin American market accounted for 70.5% of the overall regional market in 2019

U.S.Market Size = $26,059.6 MnCAGR: 2.1%

CANADAMarket Size: $2,621.4 MnCAGR: 2.5%

MEAMarket Size: $2,533.2 MnCAGR: 3.6%

LATIN AMERICAMarket Size: $6,053.9 Mn CAGR: 4.0%

NA & RoW Home Textiles Market: Key Insights

Ongoing political tension with China might hamper the growth prospects of the U.S. home textiles market

Increasing middle class population in these developing nations

Strong economical growth in several African & Latin American nations


Bath & Toilet Linen

Upholstery


46.4%

19.9%

4.4%

29.4%

34.6%

24.7%

12.6%

28.1%

$13,300.9 Mn $5,709.9 Mn $2,283.5 Mn $1,251.1 Mn $6,135.7 Mn

$2,970.0 Mn $2,123.6 Mn $854.5 Mn $1,081.6 Mn $1,557.3 Mn

2.5% 2.1% 1.1% 1.2% 1.9%3.5% 4.2% 4.6% 3.9% 3.8% C

AGR

RoW

NA

Rest of World [RoW]

RoW

North America [NA]

NA

NA

NA

RoW

RoW RoWNA



North America & RoW Home Textiles Market Outlook

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