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Hometech textiles market to grow at CAGR between 2016 and 2026

"The hometech textiles market has been projected to grow at a healthy CAGR between 2016 and 2026. The said market comprises of a strong part of the technical textile market including upholstered furniture industry. A textile product manufactured for non-aesthetic purposes is called a technical textile. A technical textile used in home furnishing and clothing is called hometech textile. Hometech textiles range from filter products used in vacuum cleaners to fiber fills in mattresses and pillows."

 

 

Hometech textiles market to grow at CAGR between 2016 and 2026

 

The hometech textiles market has been projected to grow at a healthy CAGR between 2016 and 2026. The said market comprises of a strong part of the technical textile market including upholstered furniture industry.

A textile product manufactured for non-aesthetic purposes is called a technical textile. A technical textile used in home furnishing and clothing is called hometech textile. Hometech textiles range from filter products used in vacuum cleaners to fiber fills in mattresses and pillows. 

Hometech textiles market to grow at CAGR between 2016

 

Hometech products are made of both synthetic and natural fibers. Hometech textiles are widely utilized in furniture and interior decoration, sun protection, cushion materials, carpeting, fireproofing, wall coverings, flooring and textile reinforced fittings etc.

Hometech textiles ranks 4th largest in sales of all the other technical textiles. Western Economies account for the biggest market share of hometech textiles followed by Asia Pacific. Hometech Textile products are in continuous use by household as well as commercial sectors.

The global hometech textiles market can be segmented on the basis of geography, applications and end-use types. On the basis of geography, the global hometech textiles market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East & Africa and Japan. On account of applications the global hometech textiles market can be segmented into commercial and household.

Hometech textiles are widely used in commercial sector like offices and business organizations as well as domestic and household purposes. Considering end use types, the global hometech textiles market can be segmented into fiberfill, mattress and pillow components, carpet backing cloth, stuffed toys, blinds, HVAC filters, vacuum cleaner filter cloth, non-woven wipes, mosquito nets and furniture fabrics.

 
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