Consumer Goods & Retailing
Global Home Textile Retail Market 2023-2027
Global Home Textile Retail Market 2023-2027
Global Home Textile Retail Market 2023-2027
The home textile retail market is forecasted to grow by USD 61.08 bn during 2022-2027, accelerating at a CAGR of 6.1% during the forecast period. The report on the home textile retail market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by innovation and portfolio extension leading to premiumization, increased consumer spending on home renovation and household furnishing, and growing construction industry globally.
Technavio's home textile retail market is segmented as below:
By Distribution ChannelOfflineOnlineBy ProductBBOBed linenCarpets and rugsUpholsteryOthersBy Geographical LandscapeAPACNorth AmericaEuropeMiddle East and AfricaSouth AmericaThis study identifies the distribution channel expansion strategy by vendors as one of the prime reasons driving the home textile retail market growth during the next few years. Also, increase in demand for eco-friendly home textile products and personalization and customization of home textile products will lead to sizable demand in the market.
The report on the home textile retail market covers the following areas:Home textile retail market sizingHome textile retail market forecastHome textile retail market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading home textile retail market vendors that include Amazon.com Inc., Ashley Global Retail LLC, Bed Bath and Beyond Inc., Industria de Diseno Textil SA, Inter IKEA Holding BV, Kohls Corp., Kroger Co., Macys Inc., Lowes Co. Inc., Ralph Lauren Corp., Restoration Hardware Inc., Springs Global, Steinhoff International Holdings NV, The Home Depot Inc., The Novogratz, The TJX Companies Inc., Trident Ltd., Walmart Inc., Wayfair Inc., and Welspun India Ltd.. Also, the home textile retail market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.