Global Home Textiles and Furnishings Market: Trends and Opportunities (2014-2019)
October 2014
Scope of the Report
The report titled “Global Home Textiles and Furnishings Market: Trends and Opportunities (2014-2019)”
analyzes the consumption pattern of the global home textiles and furnishings market, with a focus on
its segments including: curtains, textile floorings and towels. The global market along with markets of
the US, Europe, India, China and Turkey are assessed in the report. The major trends, growth drivers as
well as issues being faced by the industry are presented in this report. The three major players in the
industry, Welspun India Ltd, Dorel Industries Inc. and Springs Global are profiled, along with their key
financials and strategies for growth.
Countries Coverage
The US
Europe
China
India
Turkey
Company Coverage
Welspun India Ltd
Springs Global
Dorel Industries Inc.
Global Home Textiles and Furnishings Market
Executive Summary
Home textiles and furnishing sector forms a significant portion of overall textile industry. The sector
offers a wide range of bedspreads, furnishing fabrics, curtains, rugs, carpets, placemats, cushion covers,
table covers, linen, kitchen accessories, made-ups, bed spreads, bath linen, and other home furnishings
accessories. Over the past 5 years, consumption of home textile and furnishings witnessed consistent
growth driven by factors like rising consumer spending on home renovation, accelerating investments
on infrastructure, demand from Asian markets like India, China, Korea and Indonesia. Product innovation
and development has allowed retailers and manufactures to widen the market, using new technologies
and advanced marketing approaches.
The USA and Europe dominate the home furnishing market as largest consumers, while countries like
India, China and Pakistan feature amongst key suppliers. Curtains constitute the largest sub segment of
home textiles followed by textile floorings, bed linen, towels and table, toilet & kitchen linen. Major
fabrics being used include cotton, organic- cotton, polyester, silk, poly- cotton, poly –silk, natural fibers
like bamboos, viscose-silk.
Retail sales of home furnishings are expected to maintain relatively consistent growth in coming years.
Economic recovery is expected to reduce the unemployment rate, generate GDP growth and strengthen
the housing market, all of which will boost sales of home furnishings products. Moreover, emergence of
E-commerce in home furnishings market is scaling new heights, and with increasing number shopping
websites the market is also experiencing growth. Key issues in the market include rising raw material
prices, strict legislative requirements and high competition.
Global Home Textiles and Furnishings Market: An Overview
The global home textiles market is estimated to be about US$.. billion in 2013. By volume, total
consumption of home textile increased from ….million tonnes in 2012 to …. million tonnes in
2013. Cotton is the most preferred material in home textile segment with a share of ….% at
US$..... billion.
Global Home Textile Consumption by Volume in Million Tonnes, 2009-2013
• Curtains constitute the largest sub segment of home textiles with a share of ….% in 2013.
Textile floorings category accounted for …% of total home textile consumption. Other major
categories include bed linen, towels and table, toilet & kitchen linen having shares of….%, …%
and…% respectively.
Market Segmentation of Global Home Textile Industry in %, 2013E
2009 2010 2011 2012 2013E
Curtains
Textile floor coverings,carpets, rugs
Bed Linen
Towels
Table, toilet & kitchenlinen
Global Home Textiles Market Segments
The global home textile consumption in curtains category increased from …million tonnes in 2009
to …. million tonnes in 2013. Curtain manufacturers constantly upgrade their products according to
market demand.
Global Home Textile Consumption in Curtains Category in Million Tonnes, 2009-2013
• Volume sales of floor covering both in the North America improved in 2013 on account of
rising consumer confidence, spending for durable goods, availability of credit, turnover in
housing, condition of the residential and commercial construction industries and overall
strength of the economy.
Global Home Textile Consumption in Floor Coverings Category in Million Tonnes, 2009-
2013
2009 2010 2011 2012 2013E 2009 2010 2011 2012 2013E
Table of Contents
1. Executive Summary
2. Global Textile Industry and Trade
2.1 Textile Trade
2.2 Top Exporters and Importers of Textiles
3. Home Textiles and Furnishings
3.1 Introduction
3.2 Market Size
3.3 Share by Market Segments
4. Market Segments
4.1 Curtains
4.2 Textile Floor Coverings, Carpets, Rugs
4.3 Bed Linen
5. Regional Analysis: Home Textiles Market Analysis
5.1 The US
5.2 India
5.3 China
5.4 European Union
5.4.1 Germany
5.4.2 The UK
5.5 Turkey
6. Market Dynamics: Home Textiles and Furnishings
Market
6.1 Growth Drivers
6.1.1 Global Economic Development
6.1.2 Growing Urbanization
6.1.3 Rising Housing Affordability Index
6.1.4 Rising Infrastructure Investment in Asian Region
6.2 Market Trends
6.2.1 Increasing Sales through Internet
6.2.2 Demand for Cotton Home Textiles
6.2.3 Inclination towards Interior Decoration
Table of Contents
6.3 Key Challenges
6.3.1 Rising Input Costs
6.3.2 Legislative Requirements
7. Company Profiles
7.1 Welspun India Ltd.
7.1.1 Business Description
7.1.2 Financial Overview
7.1.3 Business Strategies
7.2 Springs Global
7.2.1 Business Description
7.2.2 Financial Overview
7.2.3 Business Strategies
7.3 Dorel Industries Ltd.
7.3.1 Business Description
7.3.2 Financial Overview
7.3.3 Business Strategies
8. About Us
List of Charts
Figure 1: World Merchandise Trade of Textiles in US$ Billion, 2009-2013
Figure 2: Share of Top Exporting Countries of Textiles in %, 2013
Figure 3: Share of Top Importing Countries of Textiles in %, 2013
Figure 4: Share of Home Textile Out of Total Fiber Consumption, 2013E
Figure 5: Share of Major Home Textile Importers in %, 2013
Figure 6: Global Home Textile Consumption by Volume in Million Tonnes, 2009-2013
Figure 7: Forecast of Global Home Textile Consumption by Volume in Million Tonnes, 2014-2019
Figure 8: Market Segmentation of Global Home Textile Industry in %, 2013E
Figure 9: Global Home Textile Consumption in Curtains Category in Million Tonnes, 2009-2013
Figure 10: Global Home Textile Consumption in Floor Coverings Category in Million Tonnes, 2009-2013
Figure 11: Global Home Textile Consumption in Bed Linen Category in Million Tonnes, 2009-2013
Figure 12: The US – Retail Sales of the US Home Textile Furnishing Industry in US$ Billion, 2007 to 2013
Figure 13: The US - Imports By Country In Cotton Towels in %, 2013
Figure 14: The US - Imports By Country In Cotton Sheets in %, 2013
Figure 15: Growth Rate of GDP at Factor Cost (at 2004-2005) Prices in % (2007-08 to 2013-14)
Figure 16: Indian Textile and Clothing Industry – Domestic and Exports in US$ Billion, 2012-2022
Figure 17: India - Production of Raw Cotton in Million Bales, FY07-FY13
Figure 18: India – Production of Yarn in Million Tonnes, FY07 to FY13
Figure 19: Indian Home Textiles Market in US$ Billion, 2011 to 2021F
Table 1: India – Home Textiles Market Breakup in US$ Million, 2011-2021F
Figure 20: Share of India in Global Home Textiles Export in %, 2013
Table 2: Major Textile Manufacturers in India
Figure 21: China Home Textile Sales in US$ Billion, 2008-2015F
Figure 22: China – Per Capita Consumer Expenditure on Garment and Home Textile Products in US$, 2008-
2013Figure 23: Production of Home Textiles in European Union in US$ Million, 2007-2013
Figure 24: EU - Share of Home Textiles Production by Types in %, 2013
Figure 25: EU - Share of Home Textiles Production by Country in %, 2013
Figure 26: Consumption of Home Textiles in European Union in US$ Million, 2007-2013
Figure 27: EU - Share of Home Textiles Consumption by Types in %, 2013
Figure 28: EU - Share of Home Textiles Consumption by Country in %, 2013
Figure 29: Per Capita Spending on Home Textiles in Germany in US$, 2013
Figure 30: Distribution structure of home textiles market in Germany in % - 2013
Figure 31: The UK – Soft Furnishing and Household Textile Market in US$ Million, 2006-2016F
Figure 32: The UK - Volume Share by Domestic & Non-Domestic Soft Furnishing & Textiles in %, 2013
Table 3: Turkey’s Home Textile Exports, 2011-2013
Table 4: Top 10 Export Markets in Home Textiles, 2011-2013
Figure 33: Growth of World GDP in %, 2007-2016F
Figure 34: Global Urban Population in Billion, 2006-2013E
Table 5: Housing Opportunity Index in the US in %, 2008-2013
Table 6: Annual Housing Starts in the US in Units, 2002-2013
Figure 35: Share of Construction Spending by sector in Asia, 2013
Figure 36: Construction Spending in Asian Countries in US$ Billion, 2013
List of Charts
Figure 37: Smartphones Penetration (Base: Total Population) in %, 2011-2013
Table 7: World Cotton Statistics in Million Bales, 2013-14
Figure 38: Spot Cotton prices in the US in Cents/Pound, 2008-2013
Table 8: Current Capacities of Welspun India
Table 9: Sales and Production Volume of Home Textile Products
Figure 39: Welspun India Ltd. – Total Revenues in US$ Million, 2010-11 to 2013-14
Figure 40: Net Revenues of Spring Global in US$ Million, 2011-2013
Table 10: Spring Global - Sales Volume of Product Lines in Tons, 2012 vs 2013
Figure 41: Dorel Industries Ltd. Revenue by Business Segment in %, 2013
Figure 42: Dorel Industries Ltd. Revenue from Home Furnishing Segment in US$ Million, 2009-2013
List of Charts
Daedal ResearchDaedal Research is a research and consulting firm specialized in providing research reports and customized business research and analysis. The research firm offers a blend of the best strategic consulting and market research solutions, which promise data rich, cost effective, and highly insightful analysis to help its clients with perfect answers to their important business queries.
For more details please contact Mr. Rajeev Kumar:
Tel: +91-120-4553017 (9.30 am - 6.30 pm) ISTMobile: +91-8743975789 (24 X7)Enquiries: [email protected]
Title: Global Home Textiles and Furnishings Market: Trends and Opportunities (2014-2019)Published: October 2014Pages: 70Price: US$ 800 (Single-User License) : US$ 1600 (Corporate License)
For placing an order of the Report, please press the following link:http://www.daedal-research.com/global-home-textiles-and-furnishings-market-trends-and-opportunities-2014-2019
Top Related