Vietnam home textile market size is projected to exhibit a growth rate (CAGR) of 2.39% during 2024-2032. The rising need for modern and stylish home textiles, rapid expansion of e-commerce platforms, favorable government initiatives to promote the textile and manufacturing industry and escalating demand for custom and bespoke home textiles represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) | 2.39% |
Home textiles refer to a wide range of textile products used in residential spaces for various functional and decorative purposes. They are designed to enhance the comfort, aesthetics, and functionality of homes while providing practical solutions for day-to-day living. Home textile products include bedding, curtains, towels, rugs, tablecloths, cushions, and upholstery fabrics. Each of these products serves specific functions and contributes to the overall ambiance and style of living space. Bedding textiles, including sheets, duvet covers, and pillowcases, are designed for comfort and rest, offering softness and warmth for a good night's sleep. Curtains and drapes provide privacy, light control, and decorative elements, while towels are essential for personal hygiene and bathing. Rugs and carpets add warmth and style to floors, and tablecloths enhance dining experiences. Cushions and throws offer decorative accents and comfort in living areas, and upholstery fabrics are used for furniture coverings, combining functionality with design. They play a crucial role in creating a cozy and inviting atmosphere within homes while also serving practical needs. Home textiles improve the overall aesthetics and functionality of interior spaces, making them an integral part of home decor and daily life. At present, home textiles are available in various materials, colors, patterns, and textures, allowing homeowners across Vietnam to personalize their living spaces according to their preferences and interior design themes.
The Vietnam home textile market is experiencing significant growth, driven by the expanding middle-class population with higher disposable incomes that increase consumer spending on home textile products. As lifestyles improve, homeowners are investing in bedding, curtains, rugs, and other home textiles to enhance comfort and aesthetics within their living spaces. Moreover, the growing demand for interior decoration and home improvement projects has augmented the need for a wide range of textiles, including upholstery fabrics and curtains, to transform and personalize residential interiors. Apart from this, escalating demand for high-quality hotel and hospitality textiles, such as bedding and towels, is propelling market growth owing to the rapid expansion of the tourism and hospitality sectors in Vietnam. Additionally, the rising awareness of eco-friendly and sustainable textiles that align with heightened consumer preferences for environmentally responsible products has accelerated the adoption of eco-conscious materials in home textiles, thereby fostering market growth. Besides this, several favorable government initiatives to promote the textile and manufacturing industry has catalyzed market growth. Furthermore, the enhanced convenience and accessibility of online shopping platforms for purchasing home textile products that expand consumer choices are contributing to market growth.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product, end user, and distribution channel.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes bed linen, bath linen, kitchen linen, upholstery covering, and floor covering.
End User Insights:
A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes residential and commercial (hospitality and leisure, hospital, offices, and others).
Distribution Channel Insights:
The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes supermarkets and hypermarkets, specialty stores, online, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Million |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Products Covered | Bed Linen, Bath Linen, Kitchen Linen, Upholstery Covering, Floor Covering |
End Users Covered |
|
Distribution Channels Covered | Supermarkets and Hypermarkets, Specialty Stores, Online, Others |
Regions Covered | Northern Vietnam, Central Vietnam, Southern Vietnam |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699 |
Post-Sale Analyst Support | 9-11 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |