Global Retail Home Textile Market Overview:
Home textiles are used for home furnishing in residential as well as commercial applications. The availability of home textile products such as bed linens, bathroom linens, kitchen linens, table linens carpets, and floor coverings, and others as a vital part of daily lifestyle has increased demand for the retail home textile globally. The boom of online selling of home textile by vendors and increased number of retail outlets is expected to drive the global retail home textile market in the coming years.
Growth Drivers
- Increasing Demand From Residential Users Due To Increasing Nuclear Families
- Inclination Towards Modernizing Home Interior
Roadblocks
- Volatility Of Raw Material Prices
Opportunities
- Rising Disposable Income
- Growing Preference For Online Shopping
- Availability Of Potential Consumers In Emerging Countries
Challenges
- Increase In Demand For Eco-Friendly Home Textile Products
Competitive Landscape:
The retail home textile market is fragmented due to the presence of several retailers offering home textile products at local and international platform. The level of competition among the companies in the retail home textile market is intense and retailers focus on providing better quality products in lesser cost as well as discounts to attract more customers.
Some of the key players profiled in the report are Walmart (United States), Amazon.com (United States), Target Corporation (United States), Kohl’s (United States), Ross Stores, Inc. (United States), TJ Maxx (United States), Costco Wholesale Corporation (United States), J. C. Penney Corporation (United States), Bed Bath & Beyond Inc. (United States), Dillard's Inc. (United States), Kroger (United States), Lowe’s Cos Inc (United States), Inter IKEA Systems B.V.( Netherlands), Tesco PLC (United Kingdom), Steinhoff International (South Africa) and Wayfair (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Retail Home Textile market by 2026. Considering Market by Textile Type, the sub-segment i.e. Silk Fabric will boost the Retail Home Textile market. Considering Market by Sales Channel, the sub-segment i.e. Online Retail (e-Commerce Websites, Company Websites) will boost the Retail Home Textile market. Considering Market by Material, the sub-segment i.e. Natural will boost the Retail Home Textile market.
Latest Market Insights:
In 2016, Welspun India enters the luxury segment in home textile with UK-based brand Christy, through its subsidiary Welspun Retail. Christy, best described as England’s original luxury towel manufacturer, was acquired by Welspun India in 2006, marking its entry into the premium home textile segment in Europe.
What Can be Explored with the Retail Home Textile Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Retail Home Textile Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Retail Home Textile
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Retail Home Textile market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Retail Home Textile market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.