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Friday, 10 March 2023 14:27

Home Textile products market expected to reach US$140 bn by 2027, says study

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The global home textile products market is expected to reach a valuation of US$140 billion by the end of 2027, growing at a CAGR of 5 per cent during the forecast period from 2019 to 2027, according to a new study by Transparency Market Research.

The study presents a detailed assessment of macroeconomic and microeconomic factors that have shaped the industry dynamics. An in-depth focus on the industry value chain helps companies to identify effective and pertinent trends that define customer value creation in the market. The analysis also provides data-driven and industry-validated frameworks for understanding the role of government regulations and financial and monetary policies, and how these factors will shape the value delivery network for companies operating in the market.