China Home Textiles Market Growth, Trends and Forecast Report 2019-2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jul 8, 2019--
The “Chine Home Textiles Market - Growth, Trends and Forecast (2019 - 2024)” report has been added to ResearchAndMarkets.com’s offering.
The Chinese home textiles market is expected to grow at a CAGR of 5% during 2019-2024.
- China’s huge population, coupled with its increasing textile and clothing consumption per capita year by year, provides a lucrative global business opportunity.
- The increasing home renovation projects in the country are also impacting the growth of the market by creating opportunities for home textiles producers. Chinese customers are increasingly placing more emphasis on the quality and design of home decorations. Thus the market has experienced rapid growth in recent years.
- Guangdong Province, Shanghai, Nantong in Jiangsu Province, Zhejiang Province, and Shandong Province are the industrial cluster areas in China. Major raw materials of the home textile industry include cotton, chemical fiber, accessories, etc.
- Several key players are pairing up with technology companies to tap the smart home industry. Asia-Pacific region, which accounts for about 44% of the market remains as the most strong producer and consumer of home textiles. Moreover, within the region, China is the largest manufacturer and consumer of home textiles.
Scope of the Report
A complete background analysis of the Chinese home textile market, including an assessment of the economy, the contribution of sectors in the economy, market overview, market size estimation for key segments, emerging trends in the market segments, market dynamics, and logistics spending by the end-user industries, are covered in the report.
Key Market Trends
Exports from India to China
China imports home textiles from India, particularly curtains (18%), blankets (18%), carpets (16%), and bed linen (17%). The top goods exported to China consist mainly of fiber and yarns. As of 2018, China enjoyed a share of 36% in total US cotton home textile imports, but witnessed a fall of 0.57% in exports to the United States, at USD 1.09 billion.
Growing Bed Linen and Bed Spread Segment
Bed linen includes bedspreads, blankets, mattress, mattress covers, pillows, duvets, duvet covers, and bed covers, among others. It also includes bathrobes, bath towels, and bath mats, among others. In 2015, the bed linen and bedspread segment reached about USD 16.5 billion. The United States and Europe are the biggest consumers constituting 60% of the home textiles imports, while nations like India, China, and Pakistan are the key suppliers.
The report covers major international players operating in the Chinese home textile market. In terms of market share, few of the major players currently dominate the market. However, demand is predominantly driven by consumer income. Large companies compete through volume purchasing, breadth of products, and effective merchandising and marketing. Small companies focus on a market segment and compete through the depth of products and superior customer service.
Key Topics Covered:
1.1 Key Deliverables of the Study
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.6 Trends Influencing the China Home Textile Market
4.7 Value Chain Analysis of the China Home Textile Market
4.8 Porter’s Five Forces Analysis
4.9 Technological Innovations
4.10 Global and Regional Insights on Fabric Type (Cotton, Silk, Polyester, etc)
5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Bed Linen and Bed Spread
5.1.2 Bath or Toilet
5.1.3 Kitchen Linen
5.2 By End User
5.3 By Distribution Channel
6 COMPANY PROFILES
6.1 Luolai Home Textile Co. Ltd
6.2 Hebei Ruichun Textile Co. Ltd
6.3 Sunvim Group
6.4 Fu Anna
6.5 Orient International Holding Shanghai Hometex Co. Ltd
6.6 Honsun Home Textile Co. Ltd
6.7 Hunan Mendale Hometextile Company Ltd
6.8 Beyond Home Textile
6.9 Jiangsu Bermo Home Textile Co. Ltd
6.10 Violet Home Textile Co. Ltd
7 INVESTMENT ANALYSIS ON THE CHINA HOME TEXTILE MARKET
8 FUTURE OF THE CHINA HOME TEXTILE MARKET
For more information about this report visit https://www.researchandmarkets.com/r/bzc2ib
View source version on businesswire.com:https://www.businesswire.com/news/home/20190708005505/en/
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KEYWORD: CHINA ASIA PACIFIC
INDUSTRY KEYWORD: TEXTILES MANUFACTURING
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 07/08/2019 10:39 AM/DISC: 07/08/2019 10:39 AM