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Textile Home Decor Market Trends

Report ID: GMI8542
Published Date: Mar 2024
Report Format: PDF

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Textile Home Decor Market Trends

Mixing different textures is a key trend in textile home décor, adding depth and tactile appeal to interior. Combining smooth fabrics with textured weaves, plush materials with rougher textures, and shiny surfaces with matte finishes provides visual and sensory interest to upholstery, bedding, and soft furnishings, improving the overall appearance of a space. Textile home décor products that serve various functions are in high demand because of changing lifestyles and the growing importance of multifunctional living spaces. Versatile textile home décor products such as modular sofas, convertible bedding, and storage ottomans with built-in usefulness maximize space while adapting to changing needs. With an increased focus on practicality and functionality, performance fabrics are becoming increasingly sought after for their stain-resistant, fade-resistant, and easy-to-clean properties. These textiles are especially popular in high-traffic areas or homes with pets and children.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for textile home decor was valued around USD 85 billion in 2023 and is anticipated to register a CAGR of over 5.4% between 2024 & 2032, driven by increasing urbanization and rapidly changing lifestyle.

Polyester segment accounted for a market share of about 39% in 2023 and is expected reach 40% by 2032, owing to the material’s resilience and durability.

Asia Pacific market generated a revenue of USD 28 billion in 2023 and is set to gain traction through 2032, owing to a rich tradition of textile craftsmanship and production, which has enabled the region to develop expertise in textile manufacturing techniques.

Anthropologie, Bed Bath & Beyond, Crate and Barrel, Ethan Allen, H&M Home, HomeGoods, IKEA, Pier 1 Imports, Pottery Barn, Target Corporation, Urban Outfitters, Wayfair, West Elmare some of the major industry contenders.