Towels Industry Report 2025: Global Market Trends, Key Growth Drivers, Challenges, Future Opportunities, In-Depth Competitive Intelligence 2025-2034 - ResearchAndMarkets.com
Towels Industry Report 2025: Global Market Trends, Key Growth Drivers, Challenges, Future Opportunities, In-Depth Competitive Intelligence 2025-2034 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Towel Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034" has been added to ResearchAndMarkets.com's offering.
The Global Towel Market was valued at USD 17 billion in 2024 and is estimated to grow at a CAGR of 5.4% to reach USD 28.7 billion by 2034. The hospitality and travel sectors are significant drivers of this growth, with hotels, resorts, spas, and wellness centers demanding a steady supply of high-quality towels that meet hygiene standards while enhancing guest experience.
Increasing international travel and rising consumer preference for durable, luxurious, and visually appealing towels are further fueling demand. Growth in boutique hotels and wellness tourism has created opportunities for specialty towels like spa and pool linens. Premium textiles, including Egyptian and Turkish cotton, are particularly sought after in regions heavily dependent on tourism, opening avenues for manufacturers to offer customized solutions that align with the requirements of hospitality clients worldwide.
The bath towels segment generated USD 9.7 billion in 2024. They remain essential for personal care and hygiene across households and commercial establishments, driving consistent demand. Consumers prioritize softness, absorbency, and durability, which has increased preference for premium materials like Egyptian cotton, Turkish cotton, and bamboo blends. This segment benefits from steady demand across both budget and luxury markets.
In 2024, the offline sales segment accounted for a 71.4% share, reflecting the continued reliance on traditional retail channels. Supermarkets, hypermarkets, specialty textile stores, and home furnishing shops allow consumers to evaluate the quality, texture, and design of towels firsthand. This tactile experience is crucial for assessing softness and absorbency. Offline channels also capitalize on impulse purchases, seasonal promotions, and localized marketing strategies, boosting overall sales across urban and rural areas alike.
U.S. Towel Market held a 74.9% share, generating USD 2.5 billion in 2024. Growth in the U.S. market is fueled by increasing consumer interest in wellness, hygiene, and sustainable products. Shoppers are actively seeking towels made from high-quality, soft, and environmentally friendly materials like organic cotton and bamboo. The trend toward home self-care routines, including home spas and fitness activities, is driving demand for specialized towels with superior comfort and absorption. E-commerce platforms provide ample opportunity for consumers to access premium, health-oriented towel products.
Key players in the Global Towel Market include Alok Industries, Welspun, Standard Textile, Trident, Indus Home, 1888 Mills, Loftex China, Zorlu Textiles, Noman Group, Himatsingka Linens, Izawa Towel, Sunvim, Move Frottana, WestPoint Home, and Feroze1888 Mills. Companies in the Towel Market are adopting several strategies to strengthen market presence. They are investing in research and development to create innovative textiles that are softer, more durable, and eco-friendly.
Brands are leveraging customization and branding options for hospitality clients to enhance customer loyalty. Expanding distribution networks across offline and online channels helps capture wider market reach, while collaborations with lifestyle and wellness brands increase visibility. Many companies are focusing on sustainable sourcing and manufacturing practices to appeal to environmentally conscious consumers.
Comprehensive Market Analysis and Forecast
- Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape
- Competitive landscape with Porter's Five Forces and PESTEL analysis
- Market size, segmentation, and regional forecasts
-
In-depth company profiles, business strategies, financial insights, and SWOT analysis
- 1888 Mills
- Alok Industries
- Feroze1888 Mills
- Himatsingka Linens
- Indus Home
- Izawa Towel
- Loftex China
- Move Frottana
- Noman Group
- Standard Textile
- Sunvim
- Trident
- Welspun
- WestPoint Home
- Zorlu Textiles
Key Attributes
| Report Attribute | Details |
| No. of Pages | 250 |
| Forecast Period | 2024-2034 |
| Estimated Market Value (USD) in 2024 | $17 Billion |
| Forecasted Market Value (USD) by 2034 | $28.7 Billion |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/6fiq9u
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