Global Home Textiles and Furnishings Market: Trends and Opportunities (2014-2019) October 2014
Global Home Textiles and Furnishings Market Scope of the Report The report titled “Global Home Textiles and Furnishings Market: Trends and Opportunities (20142019)” 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 Θ
The US
Θ
Europe
Θ
China
Θ
India
Θ
Turkey
Company Coverage Θ
Welspun India Ltd
Θ
Springs Global
Θ
Dorel Industries Inc.
Executive Summary 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.
Global Home Textiles and Furnishings Market: An Overview
The global home textiles market is estimated to be about US$.. billion in 2013. By volume, total consumption of home textile increased from ….million tonnes in 2012 to …. million tonnes in 2013. Cotton is the most preferred material in home textile segment with a share of ….% at US$..... billion. Global Home Textile Consumption by Volume in Million Tonnes, 2009-2013
Market Segmentation of Global Home Textile Industry in %, 2013E
Curtains Textile floor coverings, carpets, rugs Bed Linen Towels Table, toilet & kitchen linen
2009
2010
2011
2012
2013E
• Curtains constitute the largest sub segment of home textiles with a share of ….% in 2013. Textile floorings category accounted for …% of total home textile consumption. Other major categories include bed linen, towels and table, toilet & kitchen linen having shares of….%, … % and…% respectively.
Global Home Textiles Market Segments The global home textile consumption in curtains category increased from …million tonnes in 2009 to …. million tonnes in 2013. Curtain manufacturers constantly upgrade their products according to market demand. Global Home Textile Consumption in Curtains Category in Million Tonnes, 2009-2013
2009
2010
2011
2012
2013E
Global Home Textile Consumption in Floor Coverings Category in Million Tonnes, 20092013
2009
2010
2011
2012
2013E
• Volume sales of floor covering both in the North America improved in 2013 on account of rising consumer confidence, spending for durable goods, availability of credit, turnover in housing, condition of the residential and commercial construction industries and overall strength of the economy.
3. Home Textiles and Furnishings 3.1 Introduction
Table of Contents
3.2 Market Size 3.3 Share by Market Segments 4. Market Segments 4.1 Curtains 4.2 Textile Floor Coverings, Carpets, Rugs 4.3 Bed Linen 5. Regional Analysis: Home Textiles Market Analysis 5.1 The US 5.2 India 5.3 China 5.4 European Union 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
Table of Contents 6.3 Key Challenges 6.3.1 Rising Input Costs 6.3.2 Legislative Requirements 7. Company Profiles 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 8. About Us
List of Charts 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 Table 1: India – Home Textiles Market Breakup in US$ Million, 2011-2021F
List of Charts Figure 20: Share of India in Global Home Textiles Export in %, 2013 Table 2: Major Textile Manufacturers in India 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$, 20082013Figure 23: Production of Home Textiles in European Union in US$ 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 Table 3: Turkey’s Home Textile Exports, 2011-2013 Table 4: Top 10 Export Markets in Home Textiles, 2011-2013 Figure 33: Growth of World GDP in %, 2007-2016F Figure 34: Global Urban Population in Billion, 2006-2013E Table 5: Housing Opportunity Index in the US in %, 2008-2013 Table 6: Annual Housing Starts in the US in Units, 2002-2013 Figure 35: Share of Construction Spending by sector in Asia, 2013 Figure 36: Construction Spending in Asian Countries in US$ Billion, 2013
List of Charts Figure 37: Smartphones Penetration (Base: Total Population) in %, 2011-2013 Table 7: World Cotton Statistics in Million Bales, 2013-14 Figure 38: Spot Cotton prices in the US in Cents/Pound, 2008-2013 Table 8: Current Capacities of Welspun India Table 9: Sales and Production Volume of Home Textile Products 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 Table 10: Spring Global - Sales Volume of Product Lines in Tons, 2012 vs 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
Title: Global Home Textiles and Furnishings Market: Trends and Opportunities (2014-2019) Published: October 2014 Pages: 70 Price: US$ 800 (Single-User License) : US$ 1600 (Corporate License) For placing an order of the Report, please press the following link:
http://www.daedal-research.com/global-home-textiles-and-furnishings-market-trends-and-opportunities-2014-2019
For more details please contact Mr. Rajeev Kumar: Tel: +91-120-4553017 (9.30 am - 6.30 pm) IST Mobile: +91-8743975789 (24 X7) Enquiries: info@daedal-research.com
Daedal Research
Daedal Research is a research and consulting firm specialized in providing research reports and customized business research and analysis. The research firm offers a blend of the best strategic consulting and market research solutions, which promise data rich, cost effective, and highly insightful analysis to help its clients with perfect answers to their important business queries .