Press Release
Press Release
The global bed and bath linen market is being aided by the expansion of the online retail channels globally. The growth of online retail services like Amazon (NASDAQ: AMZN) has led to the increased sales of bed and bath linen due to the wide choices and lucrative offers provided by these channels. The rising trend of designer linen, with people willing to spend more on these linens, which has propelled the market forward. The consumers are also buying these products more frequently now, with the replacement cycles becoming shorter, which, in turn, is acting as a driver for the market growth. Certain items required for the production of these linens like the Egyptian cotton has seen various development and innovation, which has led to increased demand in the market.
The Asia Pacific represents one of the largest and the fastest growing markets for bed and bath linen globally. The key factors acting as a driving force for the market growth in this region are the stable economic growth of the developing Asian economies, the increasing number of nuclear households and ease of access to a wide range of products. The growing base of affluent middle-class population and increased demand for designer and luxury bed and bath linen is also aiding the growth of the market in this region. Lower labour costs in countries such as China and India have, over the years, led to an increase in global exports from the Asia Pacific. China, especially, is a leading market for global bed linen exports.
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The major players in the global bed and bath linen market are Welspun India Ltd, Sunvim Group Co. Ltd, Luolai Home Textile Co., Ltd., Bed Bath & Beyond Inc., American Textile Company, Springs Global, and Williams-Sonoma, Inc. 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.
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