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Home textiles report available

January 9th, 2020 / By: / Industry News

According to the report “Global Home Textile Market—Growth, Trends, and Forecast (2019–2024)” from ResearchAndMarkets.com, the global home textile market is one of the most profitable business segments in the global textile industry. The sector is expected to grow at a CAGR of 5.5 percent for the period of 2018–2024. The industry is witnessing a steady growth driven by factors including rising consumer spending on home renovation. The U.S. and Europe are the biggest consumers constituting 60 percent of the home textiles imports.