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Textile Home Decor Market Analysis

  • Report ID: GMI8542
  • Published Date: Mar 2024
  • Report Format: PDF

Textile Home Decor Market Analysis

Based on product type, the textile home decor industry can be divided into bedroom linen, bathroom linen, carpets and floor coverings, kitchen linen, curtains, and drapes. The bedroom linen segment dominates the market, accounting for USD 50 billion in 2023 and expected to reach USD 85.83 billion by 2032. Traditional blankets in this category often use soft-twist yarns for filling and higher-twist yarns for warp. These yarns are made of wool, acrylic, polyester, or a combination of these Fibers, with nylon-based blends also being used. The fabric is carefully napped to provide a rich, soft surface texture. Thermal blankets, on the other hand, are made from lightweight open knitted fabrics or woven in specialized patterns such as the honeycomb design, providing both warmth and breathability.

Textile Home Decor Market Revenue Share, By Material, (2023)

Based on material, the textile home decor market is categorized into polyester, cotton, silk, wool, others. In 2023, the polyester segment accounted for a market share of about 39% and expected reach 40% by 2032. Polyester, known for its resilience and durability, is a popular material for a variety of products such as beds, drapes, and upholstery. Its simplicity of care adds to its popularity, as polyester textiles are wrinkle and shrink resistant and can be washed and dried in washing machines. Furthermore, unlike certain natural fibres, polyester is less likely to hold allergens like dust mites, making it an excellent alternative for those with allergies.

Based on distribution channel, the market is categorized into online and offline. In 2023, the offline segment accounted for a market share of about 79%. The rapid increase of urbanization, as well as the construction of supermarkets and hypermarkets, were critical in extending their reach to a larger consumer base, consequently strengthening offline distribution channels around the world. Major manufacturers in the market have demonstrated a strong preference for selling their products through offline channels, which has fuelled the expansion of this distribution channel sector.

Asia Pacific Textile Home Decor Market Size, 2021 - 2032 (USD Billion)

Asia Pacific dominated the global textile home decor market, generating USD 28 billion in 2023. Many countries in the APAC region have a rich tradition of textile craftsmanship and production. This cultural heritage has enabled the region to develop expertise in textile manufacturing techniques, designs, and patterns, which appeal to both domestic and international markets. APAC, particularly countries like China, India, and Bangladesh, is a major manufacturing hub for textiles. These countries have abundant raw materials, skilled labour, and relatively lower production costs, making them attractive destinations for textile production. APAC has experienced rapid urbanization and economic growth in recent decades. As disposable incomes rise and lifestyles evolve, there is an increasing demand for home decor products, including textiles, to furnish and decorate homes.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for textile home decor was valued around USD 85 billion in 2023 and is anticipated to register a CAGR of over 5.4% between 2024 & 2032, driven by increasing urbanization and rapidly changing lifestyle.

Polyester segment accounted for a market share of about 39% in 2023 and is expected reach 40% by 2032, owing to the material’s resilience and durability.

Asia Pacific market generated a revenue of USD 28 billion in 2023 and is set to gain traction through 2032, owing to a rich tradition of textile craftsmanship and production, which has enabled the region to develop expertise in textile manufacturing techniques.

Anthropologie, Bed Bath & Beyond, Crate and Barrel, Ethan Allen, H&M Home, HomeGoods, IKEA, Pier 1 Imports, Pottery Barn, Target Corporation, Urban Outfitters, Wayfair, West Elmare some of the major industry contenders.

Textile Home Decor Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 222
  • Countries covered: 24
  • Pages: 282
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