NEW YORK, March 3, 2021 /PRNewswire/ -- The home textile retail market is expected to grow by USD 44.07 bn, progressing at a CAGR of almost 5% during the forecast period.
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The distribution channel expansion strategy by vendors is one of the major factors propelling market growth. However, factors such as rise in demand for floor coverings and other home furnishing products will hamper the market growth.
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Home Textile Retail Market: Product Landscape
Based on the product, the bed linen, bedspreads, and other bedroom textiles segment is expected to witness lucrative growth during the forecast period.
Home Textile Retail Market: Distribution Channel Landscape
Based on the distribution channel, the offline distribution channel segment is expected to witness lucrative growth during the forecast period.
Home Textile Retail Market: Geographic Landscape
By geography, APAC is going to have a lucrative growth during the forecast period. About 32% of the market's overall growth is expected to originate from APAC. China, India, Japan, and South Korea are the key markets for home textile retail in the region.
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Companies Covered:
- Amazon.com Inc.
- Ashley Furniture Industries Inc.
- Bed Bath & Beyond Inc.
- Costco Wholesale Corp.
- Home Depot Product Authority LLC
- Inter IKEA Systems BV
- Restoration Hardware Inc.
- Steinhoff International Holdings NV
- Tesco Plc
- Wayfair Inc.
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Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Distribution channel
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
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