Market Trends of Asia-Pacific Home Textile Industry
This section covers the major market trends shaping the APAC Home Textile Market according to our research experts:
China Accounts for a Major Percentage of the Market Share in the Region
China’s huge population, coupled with its increasing textile and clothing consumption per capita year by year, provides a lucrative global business opportunity. China’s huge population, coupled with its increasing textile and clothing consumption per capita year by year, provides lucrative opportunities for global business. The top goods exported to China consist mainly of fiber and yarns. 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.
Bed Linen Segment is the Largest
Bed linen which covers home textiles products such as bed covering, bed throws, blankets, cushion covers, cushions, duvets, duvet covers, mattress, mattress cover, pillows and many more represents the largest segment in the home textiles market. This segment is the fastest growing in the region with a significant growth rate. Growth in the hospitality industry, increased spending in emerging economies are some of the major factors responsible for growth in the segment in recent time and the trend is expected to continue in the near future.
