United States Home Textiles Market to Grow at a CAGR of 4.2% During 2024-2032, Aided by Increased Spending on Home Furnishings and Improvements

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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Market Breakup by Product Type, Material, and Region:

• The market is segmented based on product type into bedroom linen, bathroom linen, and carpet and flooring, among others.

• Based on material, the market can be divided into cotton, polyester, and viscose, among others.

• Region-wise, the United States home textiles market is divided into New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.

Key Findings of the Report:

• The growth of the real estate sector in the United States is a significant driver for the home textiles market, as increased property ownership drives the demand for interior decoration and furnishing products.

• Rising consumer expenditure on home renovations, as evidenced by a 5% increase in decor spending in 2022, directly stimulates the demand for home textiles as individuals seek to enhance the aesthetic appeal and comfort of their living spaces.

• With growing disposable incomes, consumers are more willing to invest in premium home textiles, including imported designs, reflecting an increased appetite for higher-quality and aesthetically pleasing home furnishings.

• Major players are leveraging e-commerce platforms such as Amazon, eBay, and Walmart to showcase and sell home textile products and capitalise on the growing trend of online shopping, expanding market reach and driving further growth in the sector.

Key Offerings of the Report:

• The EMR report gives an overview of the United States home textiles market for the periods (2018-2023) and (2024-2032).

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the product type, material, and major regions of home textiles.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

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.

Key Highlights of the Report

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