Global Home Textile Retail Market 2020-2024 | Product Innovation and Product-Line Extensions to Boost Market Growth | Technavio

Technavio has published a latest market research report titled Global Home Textile Retail Market 2020-2024 (Graphic: Business Wire)

LONDON--()--The global home textile retail market is expected to grow by USD 57.69 billion during 2020-2024, according to the latest market research report by Technavio. Request a free sample report

The sales volume of home textile products is increasing with the availability and growing demand for superior-quality products. In addition, vendors are developing and offering personalized and eco-friendly home textile products to keep up with the changing preferences of customer. This is leading to product innovation and product-line extensions. Growth in online retailing and presence of various distribution channels allows customers to choose from a varied variety of products. Thus, product innovation and product-line extensions will boost the growth of the home textile retail market during the forecast period.

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As per Technavio, the increase in demand for eco-friendly and green furnishings will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

Home Textile Retail Market: Increase in Demand for Eco-Friendly and Green Furnishings

Furniture manufacturers are going green due to the adverse effects of toxic finishes and impact of extensive deforestation on climate change. Consequently, they are developing eco-friendly home furnishings that include home textiles, which are manufactured using fibers. These fibers are safe as they are obtained from plants that were grown without adding fertilizers, chemicals, and pesticides. Eco-friendly home furnishing products such as bedspreads, towels, carpets, rugs, and others do not contain toxic chemicals such as pentachlorophenol, which is harmful for human skin. Thus, with the increase in demand for eco-friendly and green furnishings, the market for home textile retail is expected to showcase a positive outlook during the forecast period.

“The growth in the construction industry around the world and distribution channel expansion strategy by vendors are some other major factors that will boost market growth during the forecast period,” says a senior analyst at Technavio.

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Home Textile Retail Market: Segmentation Analysis

This market research report segments the home textile retail market by product (bed linen, bedspreads and other bedroom textiles; bath linen; carpets and rugs; upholstery; kitchen linen; and others), distribution channel (online and offline), and geographic segmentation (APAC, Europe, MEA, North America, and South America).

The APAC region led the home textile retail market in 2019. During the forecast period, the APAC region is expected to register the highest incremental growth due to factors such as the penetration of international brands into emerging economies such as India and China and improving household disposable income.

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Some of the key topics covered in the report include:

Product Segmentation

  • Bed linen
  • Bedspreads and other bedroom textiles
  • Bath linen
  • Carpets and rugs
  • Upholstery
  • Kitchen linen
  • Others

Distribution Channel Segmentation

  • Online
  • Offline

Geographic segmentation

  • APAC
  • Europe
  • MEA
  • North America
  • South America

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200

Release Summary

The global home textile retail market size has the potential to grow by USD 57.69 billion during 2020-2024


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200