Global Home Textiles and Furnishings Market: Trend and Opportunities (2014-2019)
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
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.
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
- India
- China
- Turkey
- Welspun India Ltd
- Springs Global
- Dorel Industries Ltd
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.
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. HOME TEXTILES AND FURNISHINGS: MARKET SEGMENTATION
4.1 Curtains
4.2 Textile Floor Coverings, Carpets, Rugs
4.3 Bed Linen
5. HOME TEXTILES AND FURNISHINGS MARKET: REGIONAL ANALYSIS
5.1 The US: Home Textiles & Furnishings Market
5.2 India: Home Textiles & Furnishings Market
5.3 China: Home Textiles & Furnishings Market
5.4 European Union: Home Textiles & Furnishings Market
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
6.3 Key Challenges
6.3.1 Rising Input Costs
6.3.2 Legislative Requirements
7. COMPANY PROFILES: HOME TEXTILES & FURNISHINGS MARKET
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
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. HOME TEXTILES AND FURNISHINGS: MARKET SEGMENTATION
4.1 Curtains
4.2 Textile Floor Coverings, Carpets, Rugs
4.3 Bed Linen
5. HOME TEXTILES AND FURNISHINGS MARKET: REGIONAL ANALYSIS
5.1 The US: Home Textiles & Furnishings Market
5.2 India: Home Textiles & Furnishings Market
5.3 China: Home Textiles & Furnishings Market
5.4 European Union: Home Textiles & Furnishings Market
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
6.3 Key Challenges
6.3.1 Rising Input Costs
6.3.2 Legislative Requirements
7. COMPANY PROFILES: HOME TEXTILES & FURNISHINGS MARKET
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
LIST OF FIGURES
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
Figure 20: Share of India in Global Home Textiles Export in %, 2013
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$, 2008-2013
Figure 23: Production of Home Textiles in European Union in US$ 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
Figure 33: Growth of World GDP in %, 2007-2016F
Figure 34: Global Urban Population in Billion, 2006-2013E
Figure 35: Share of Construction Spending by sector in Asia, 2013
Figure 36: Construction Spending in Asian Countries in US$ Billion, 2013
Figure 37: Smartphones Penetration (Base: Total Population) in %, 2011-2013
Figure 38: Spot Cotton prices in the US in Cents/Pound, 2008-2013
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
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
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
Figure 20: Share of India in Global Home Textiles Export in %, 2013
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$, 2008-2013
Figure 23: Production of Home Textiles in European Union in US$ 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
Figure 33: Growth of World GDP in %, 2007-2016F
Figure 34: Global Urban Population in Billion, 2006-2013E
Figure 35: Share of Construction Spending by sector in Asia, 2013
Figure 36: Construction Spending in Asian Countries in US$ Billion, 2013
Figure 37: Smartphones Penetration (Base: Total Population) in %, 2011-2013
Figure 38: Spot Cotton prices in the US in Cents/Pound, 2008-2013
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
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 TABLES
Table 1: India – Home Textiles Market Breakup in US$ Million, 2011-2021F
Table 2: Major Textile Manufacturers in India
Table 3: Turkey’s Home Textile Exports, 2011-2013
Table 4: Top 10 Export Markets in Home Textiles, 2011-2013
Table 5: Housing Opportunity Index in the US in %, 2008-2013
Table 6: Annual Housing Starts in the US in Units, 2002-2013
Table 7: World Cotton Statistics in Million Bales, 2013-14
Table 8: Current Capacities of Welspun India
Table 9: Sales and Production Volume of Home Textile Products
Table 10: Spring Global - Sales Volume of Product Lines in Tons, 2012 vs 2013
Table 1: India – Home Textiles Market Breakup in US$ Million, 2011-2021F
Table 2: Major Textile Manufacturers in India
Table 3: Turkey’s Home Textile Exports, 2011-2013
Table 4: Top 10 Export Markets in Home Textiles, 2011-2013
Table 5: Housing Opportunity Index in the US in %, 2008-2013
Table 6: Annual Housing Starts in the US in Units, 2002-2013
Table 7: World Cotton Statistics in Million Bales, 2013-14
Table 8: Current Capacities of Welspun India
Table 9: Sales and Production Volume of Home Textile Products
Table 10: Spring Global - Sales Volume of Product Lines in Tons, 2012 vs 2013
