United States Home Textiles Market to Grow at a CAGR of 5.20% 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.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

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

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: [email protected]
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.