Textiles Home Décor Market: Key Players and Production Information analysis

Technology

Sensing the overall opportunities in the home décor market, prominent manufacturers are focusing on increasing capacity expansion and setting up new plants. For example, Welspun India opened a new plant in Anjar, Gujarat, India recently, and made a foray into flooring solutions segment. The facility had an annual capacity of nearly 7 million square meters, with 50% of the production primed for emerging markets. Bombay Dyeing, another prominent player in the market, is focusing on massive revamp of its home textile business by investing over US$ 15 million in the brand. The company also plans to increase its total revenues to US$ 150 million by the end of 2020.

A recently published report of Transparency Market Research (TMR) has listed key companies underpinning expansion of the global home décor textiles market, which are Mannington Mills, Inc., Companhia de Tecidos Norte de Minas, Kurlon Enterprise Limited, American Textile Company, Inc., Leggett & Platt, Incorporated, Nitori Holdings Co., Ltd., Williams-Sonoma, Inc., Berkshire Hathaway Inc., Ashley Furniture Industries, Inc., Mohawk Industries, Inc., and Inter Ikea Systems B.V.

Looking for exclusive market insights from business experts? Request a Sample Report

global textiles home dcor market

Global Textiles Home Décor Market to Register an Impressive Growth

The report has foreseen the global market for home décor textiles to record an impressive CAGR over the period of forecast, 2018 to 2027. Demand for home décor textiles is expected to remain influenced by growing consumer confidence, capacity expansions by the market players, social responsibility & sustainability trends, and booming ecommerce sector. Revenues from worldwide sales of home décor textiles are envisaged to exceed US$ 185,000 Mn by 2027-end.

Leave a Reply

Your email address will not be published. Required fields are marked *