Press Release
Press Release
According to a new report by EMR titled, ‘The United States Home Textiles Market Report and Forecast 2024-2032’, the market attained a value of nearly USD 26.95 billion in 2023. The market is expected to grow at a CAGR of 5.20% between 2024 and 2032, reaching a value of approximately USD 42.49 billion by 2032.
The United States home textiles market growth is driven by several factors including the increased consumer spending on home renovation and rising standards of living. Reportedly, the spending on decor in the USA increased by 5% in 2022. With more individuals investing in real estate and younger demographics establishing their households, there is a rising demand for diverse home textile products.
Additionally, the market benefits from growing disposable incomes and evolving lifestyles. Consumers are inclined to invest in premium home textiles, including imported designs. Major international players are leveraging e-commerce platforms to showcase their offerings, further fueling the market expansion. This online presence provides opportunities for companies to boost revenue streams by tapping into digital sales channels like Amazon (NASDAQ: AMZN), eBay Inc (NASDAQ: EBAY), and Walmart Inc. (NYSE: WMT).
In February 2024, SCOUT partnered with PEM America to develop a home textile collection. This partnership combines SCOUT’s design aesthetic with PEM America’s expertise in crafting high-quality home goods. In another case, in September 2023, Reebok entered the comprehensive home textiles category under the “Sleep as a Sport” theme, along with Taram Textiles, showing its determination to establish a new standard in home products and performance bedding.
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The major players in the United States home textiles market are Springs Global USA, New Sega Home Textiles, Ralph Lauren Corporation, Welspun Group, Trident Group, Standard Textile, and H&M Group, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Material |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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