Market Trends of South Korea Home Textile Industry
Growing Bed Linen Segment
The bedding market in Korea is valued at USD 1.5 trillion the previous year. Individuals in South Korea shows a lot of interest in bed linen as there is a rise in the demand for mattress and good sleep. It is, in turn, leading to the bed linen demand in the market.
New trends in the bedding market are showing up as consumers are desiring more functional and eco-friendly bedding. Households with cafes at home and dining are mostly leading to the healthy bedding demand at home.
Social consensus for healthy bed linen that keeps away dust linen is growing in the market. Reduced costs and mass customization is expected to drive the market. Crown Goose bedding is popular in the market owing to technology famous for high quality. The fluffy goose is used for the special method of down proof. 3-D printed and cotton textiles using nanotechnologies are getting traction in the market.
Rising E-commerce in The Market
The technological level in the textile industry of South Korea rose considerably, with around 85% use of technologies in the market. The market for home textile consumption through online distribution of channels is rising. Technological innovations such as easy order placement and direct goods delivery are increasing product consumption, such as bedspreads, duvets, and linen in the market.
The market competition is rising due to the growth in the e-commerce channel. With the rise in the number of websites, the market is also experiencing growth. Innovations in sleep technology, such as herbal, microbial, and anti-mist, are the future of the home textile market.