The global table linen market size is expected to reach USD
12.7 billion by 2025, according to a new report by Grand View Research, Inc.,
expanding at a CAGR of 4.2% over the forecast period. Growing inclination
towards eco-friendly fibers, changing lifestyle patterns, and improved standard
of living are expected to drive the market. Furthermore, increase in the number
of fast food and restaurant chains across the globe is expected to fuel the
market growth over the next few years.Growing real estate market and increasing
consumer spending on home decoration and interior are some of the factors
anticipated to drive the global market.
Asia Pacific is expected to expand at the
fastest CAGR of 4.7% from 2019 to 2025. This region is expected to witness a
surge in demand due to growing awareness among the customers regarding
improvement in dining aesthetics. Availability of table linen at a cheaper
price is expected to remain prominent in boosting the market growth. The market
is mainly driven by the presence of strongly developing economies such as China
and India, wherein the spending power of the population is increasing.
North America dominated the market with a
share of 34.5% in 2018. This growth is attributed to high purchasing power of
the population in developed economies such as U.S. The market is anticipated to
witness significant growth over the coming years due to the implementation of
latest technologies and well established industrial infrastructure. Rising
incorporation of table cloths in kitchen décor to enhance the aesthetic appeal
is predicted to fuel the market growth.
Cotton accounted for more than 30.0% share of
the overall revenue in 2018 owing to its significant properties such as high
strength, color retention, and good absorbency. Rise in the number of cafes and
restaurants globally has increased the usage of cotton based table cloths to
add a more decorative interior. Artificial fibers are anticipated to register
the fastest CAGR of 4.8% from 2019 to 2025. This growth is attributed to easy
stain removal property and longer life offered by them.
The residential application segment accounted
for the largest share of 71.3% in the year 2018. Table linens are available at
a cheaper price, which has enabled households to increase their buying
frequency, thereby driving the segment. Hypermarket/supermarket generated a
revenue of USD 4.4 billion in 2018. The online segment is anticipated to
witness the fastest growth owing to its extra value added services such as home
delivery, coupon benefits, cash on delivery, and in most cases 30 days return
policy.
For full research report on Table Linen
Market visit here:
https://www.grandviewresearch.com/industry-analysis/table-linen-market
Further key
findings from the study suggest:
- By material, cotton is projected to generate a
revenue of USD 4.6 billion by 2025
- The residential application segment generated
a revenue of USD 6.8 billion in 2018
- Europe is expected to account for 20.6% share
of global revenue by 2025
- Key players in this table linen market include
IKEA Holdings B.V., Premier Table Linens LLC, Prestige Linens LLC, Urquild
Linen Co., Fabrica Maria, Jomar Table Linens CA, Around The Table LLC,
Siulas AB, S.A. de C.V., and StarTex Linen Corporation.
Get request sample of this report here: https://www.grandviewresearch.com/industry-analysis/table-linen-market/request/rs1
Grand
View Research has segmented the global table linen market on the basis of
material, distribution channel, application, and region:
Table Linen Material Outlook
(Revenue, USD Billion, 2015 - 2025)
- Cotton
- Artificial Silk
- Linen Silk
- Others
Table Linen Distribution
Channel Outlook (Revenue, USD Billion, 2015 - 2025)
- Hypermarket/Supermarket
- Specialty Stores
- Online
Table Linen Application
Outlook (Revenue, USD Billion, 2015 - 2025)
- Residential
- Commercial
Table Linen Regional Outlook
(Revenue, USD Billion, 2015 - 2025)
- North America
- U.S.
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- India
- Central & South
America
- Brazil
- Middle East &
Africa
- South Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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