US Home Textile Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 23.78 Billion |
| Market Size (2029) | USD 30.96 Billion |
| CAGR (2024 - 2029) | 5.42 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
US Home Textile Market Analysis
The United States Home Textile Market size is estimated at USD 23.78 billion in 2024, and is expected to reach USD 30.96 billion by 2029, growing at a CAGR of 5.42% during the forecast period (2024-2029).
The outbreak of the COVID-19 pandemic \had a significant impact on the United States home textile market. With many people working from home and spending less time outside, the demand for home textiles like bedding, curtains, and towels decreased. Consumers were also cutting back on non-essential purchases due to economic uncertainty. Many home textile manufacturers and suppliers relied on materials and products from overseas, particularly from China. The pandemic disrupted supply chains, leading to delays and shortages in some cases. To meet the increased demand for essential products like masks and personal protective equipment, some home textile manufacturers have pivoted to produce these items. This has led to changes in manufacturing and distribution processes.
Home Textile is a flexible woven material consisting of a network of natural or artificial fibers often referred to as thread or yarn. The United States is the biggest consumer of home textiles imports, with countries like India, China, and Pakistan being the key suppliers. The growing real estate market and consumer spending on home renovation are expected to drive market growth. The industry is witnessing steady growth driven by rising consumer spending on home renovation and fashion sensitivity toward household furnishing. Other factors influencing the market's growth are the rise in disposable incomes and the improving lifestyle of people. With the rising number of individuals owning homes, the home decor market is rising in the United States.
US Home Textile Market Trends
This section covers the major market trends shaping the US Home Textile Market according to our research experts:
Increasing Sector of Real Estate is Driving the Market
Home textiles are fabrics that are used for home furnishings. The growing real estate market and improving living standards have resulted in increased spending on home decoration and interior. In addition, changing trends in home furnishing is expected to boost the market growth further. The real estate industry has witnessed significant market growth owing to increasing disposable income. The increasing growth rate of new constructions is one of the key factors augmenting market growth over the forecast years.
Home Renovation is Driving the Market
Home renovation means creating a new appearance for the home. Growing consumer spending on home renovation and the emergence of e-commerce with several shopping websites are some factors expected to drive the growth of the home textile market. Home textiles have gained a high acceptance among homeowners who want to renovate their home interior and exterior. The impact of this factor would increase during the forecast period, thereby consequentially promoting the demand for home textiles, during the forecast period. The increasing home renovation projects in the country are also impacting the growth of the market by creating opportunities for home textile producers.
US Home Textile Industry Overview
The United States Home Textile Market is fragmented. Many small and medium-sized manufacturers in this market supply products to large retailers and smaller specialty stores. These manufacturers may specialize in specific product categories, such as window treatments or bath mats, and may have their distribution channels or work with third-party distributors. Some major players in this market are Milliken, Mohawk Industries, Welspun Group, WestPoint Home, and Link Shaw Industries.
US Home Textile Market Leaders
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Milliken
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Mohawk Industries
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Welspun Group
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WestPoint Home
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Shaw Industries
*Disclaimer: Major Players sorted in no particular order
US Home Textile Market News
- December 2022: Milliken & Company, a diversified global textile manufacturer with more than 70 locations worldwide, plans to expand operations in Cherokee County. The company's $27.4 million investment will create 75 new jobs.
- June 2022: Mohawk Industries has entered into an agreement to purchase the Vitromex ceramic tile business from Grupo Industrial Saltillo (GIS) for approximately $293 million in cash. The transaction is expected to close in the second half of 2022 and is subject to the approval of GIS's shareholders, customary government approvals, and closing conditions. The Vitromex business is expected to be accretive to Mohawk's earnings.
US Home Textile Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness- Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights into Latest Technological Innovations and Recent Trends in the Industry
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Material Type
5.1.1 Bed Linen
5.1.2 Bath Linen
5.1.3 Kitchen Linen
5.1.4 Upholstery
5.1.5 Floor Covering
5.2 By Distribution Channel
5.2.1 Supermarkets and Hypermarkets
5.2.2 Specialty Stores
5.2.3 Online
5.2.4 Others
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Milliken
6.2.2 Mohawk Industries
6.2.3 Welspun USA
6.2.4 WestPoint Home
6.2.5 Shaw Industries
6.2.6 TJX Companies
6.2.7 Ralph Lauren
6.2.8 Jim Thompson Fabrics
6.2.9 Etro Home Collection
6.2.10 Standard Textile*
- *List Not Exhaustive
7. FUTURE TRENDS AND MARKET OPPORTUNITIES
8. DISCLAIMER
US Home Textile Industry Segmentation
Home textiles can be defined as textiles used for home furnishing. It consists of a various range of functional as well as decorative products mainly used in decorating our houses. The fabrics used for home textiles consist of both natural and man-made fibers. This report aims to provide a detailed analysis of the US Home Textile Industry. The report focuses on the market dynamics, emerging trends in the segments, and insights into various product and application types. Also, it analyzes the key players and competitive landscape. The United States Home Textile Market is segmented by product (Bed Linen, Bath Linen, Kitchen Linen, Upholstery, and Floor Covering) and by distribution channel (Supermarkets & Hypermarkets, Specialty Stores, Online, and other distribution channels). The report offers market size and values in (USD million) during the forecast years for the above segments.
| By Material Type | |
| Bed Linen | |
| Bath Linen | |
| Kitchen Linen | |
| Upholstery | |
| Floor Covering |
| By Distribution Channel | |
| Supermarkets and Hypermarkets | |
| Specialty Stores | |
| Online | |
| Others |
US Home Textile Market Research FAQs
How big is the United States Home Textile Market?
The United States Home Textile Market size is expected to reach USD 23.78 billion in 2024 and grow at a CAGR of 5.42% to reach USD 30.96 billion by 2029.
What is the current United States Home Textile Market size?
In 2024, the United States Home Textile Market size is expected to reach USD 23.78 billion.
Who are the key players in United States Home Textile Market?
Milliken, Mohawk Industries, Welspun Group, WestPoint Home and Shaw Industries are the major companies operating in the United States Home Textile Market.
What years does this United States Home Textile Market cover, and what was the market size in 2023?
In 2023, the United States Home Textile Market size was estimated at USD 22.56 billion. The report covers the United States Home Textile Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the United States Home Textile Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
What are the major challenges faced by the US Home Textile Market?
The major challenges faced by the US Home Textile Market are a) Intense competition leading to price wars and reduced profitability b) Supply chain disruptions impacting the availability and cost of materials c) Economic downturns affecting consumer spending d) Rapidly evolving consumer preferences requiring constant adaptation d) Counterfeit products and brand dilution
US Home Textile Industry Report
The US Home Textile Market is poised for significant growth, driven by rising homeownership rates, the surge in e-commerce, and a growing focus on sustainability. This market offers a diverse range of products including bedroom and bathroom linens, kitchen essentials, and floor coverings, all designed to meet consumer needs for comfort, style, and functionality. Innovations in textile technology and a shift towards eco-friendly materials are shaping product offerings, while the expansion into emerging markets presents new opportunities for growth. Home textile companies in the USA are navigating a market segmented by product type, material, and price range, with offerings ranging from luxury to economy. Key materials used include cotton, linen, silk, and synthetic fibers, catering to various consumer preferences. The competitive landscape is marked by mergers and acquisitions, enabling companies to leverage synergies and expand their product lines. Overall, the market's evolution is influenced by changing consumer lifestyles, technological advancements, and an emphasis on sustainability and customization in home textiles. For detailed statistics on the US Home Textile market share, size, and revenue growth rate, consult Mordor Intelligence™ Industry Reports, which include market forecasts, outlooks, and historical overviews. Get a sample of this industry analysis as a free report PDF download.
