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MARKET ANALYSIS OF CHINE HOME TEXTILES FORECAST RAPID GROWTH RATE TILL 2024

Published: August 3, 2020
Author: plazasld

According to the 2020 Report of  “ Chine Home Textiles Market “ , The Prime objective of CHTM is to provide an indepth analysis of all market dynamics including drivers and restraints, and trends, and opportunities including both both the demand and supply aspects of the market.

According to the Report Overview,The Chinese home textiles market is expected to grow at a CAGR of 5% during 2019-2024. And provide a lucrative global business opportunity due to several factors like increasing textile and clothing consumption per capita year by year, increasing home renovation projects in the country, Major raw materials of the home textile industry include cotton, chemical fiber, accessories, etc.,  China is the largest manufacturer and consumer of home textile

The Market  Trends  in Export from India to china , China imports home textiles from India, particularly curtains (18%), blankets (18%), carpets (16%), and bed linen (17%)

Trend of Growing Bed Linen and Bed Spread Segment  can be also witnessed as n 2015, the bed linen and bedspread segment reached about USD 16.5 billion. The United States and Europe are the biggest consumers constituting 60% of the home textiles imports, while nations like India, China, and Pakistan are the key suppliers.

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