Tuesday, June 25, 2024
spot_imgspot_img
spot_imgspot_img
HomeNews & ViewsTextile & ApparelUS continues it’s dominance in Home Textile Market

US continues it’s dominance in Home Textile Market

us-home-textileThe US is the world’s largest home textile market. The country’s import of home textiles and made-ups grew at a robust 7.7 per cent during January-May 2018.The US market is projected to grow at CAGR of three per cent by 2020. Import of made-ups and home textiles of manmade fibers grew 10 per cent. Cotton made-ups and home textile imports grew 1.6 per cent. Europe is the second largest home textile market. India is the third largest home textiles market in the Asia Pacific region, projected to grow at a CAGR of 7.2 per cent by 2020.

Asia Pacific, accounting for 44 per cent of the market, remains the most dominant producer and consumer of home textiles. Here, China is the largest manufacturer and consumer of home textiles. The bed linen and bedspreads segment is expected to grow at a CAGR of 4.4 per cent by 2020. This market includes bed linen, towels, curtains, blankets, upholstery, kitchen linen, and rugs and carpets. In the global home textile market, bed linen has a 45 per cent share while bath linen constitutes 20 per cent. Other segments such as floor coverings, furnishings, table and kitchen linen make up 35 per cent of the home textile market.

Weekly Newsletter

Get hand picked industry updates delivered straight to your inbox
SUBSCRIBE

YOU MAY ALSO LIKE

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement - spot_img

Join Our Weekly Newsletter

Get hand picked industry updates delivered straight to your inbox
Sign Me Up
- Industry Associate - spot_img

Upcoming Events

Simillar News

Recent Random

Jean-Paul Haessig Stays President of the Bremen Cotton Exchange

Bremen Cotton ExchangeBremen, 21 June 2024: The Board of the Bremen Cotton Exchange confirmed Jean-Paul Haessig as President of the association on the occasion of the...

Target to Roll Out Transformative GenAI Technology to its Store Team Members Chainwide

Retailer's new GenAI-powered chatbot, Store Companion, is designed to make team members' jobs easier and enhance the shopping experience The tool is scheduled to roll...

Texworld Apparel Sourcing Paris: nearly 1,200 exhibitors from 26 countries for an edition full of new features

Nearly 1,200 exhibitors from 26 countries will gather in Hall 7 of Paris Expo, Porte de Versailles, from July 1 to 3, 2024. It...
Get hand picked industry updates delivered straight to your inbox
Sign Me Up

Weekly Newsletter

Get hand picked industry updates delivered straight to your inbox
SUBSCRIBE