South Korea Home Textile Market Report 2022 Highlights Exponential Growth and Emerging Trends: Market Report 2032
The South Korea home textile market is characterized by a blend of traditional craftsmanship and modern innovation, offering a diverse range of high-quality products to meet the needs of consumers. Known for its meticulous attention to detail and innovative designs, the South Korean home textile industry encompasses a wide array of products including bedding, towels, curtains, rugs, and upholstery fabrics. With a focus on both functionality and aesthetics, South Korean home textiles often incorporate advanced technologies and eco-friendly materials, catering to the discerning tastes of consumers. As the demand for stylish and comfortable home furnishings continues to rise, the South Korea home textile market remains dynamic, driving innovation and creativity in the industry.
South Korea Home Textile Market Size was valued at USD 118.5 Billion in 2022. The South Korea Home Textile market industry is projected to grow from USD 125.4 Billion in 2023 to USD 198.5 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.90% during the forecast period (2023 - 2032).
Key Companies in the South Korea Home Textile market includes
Welspun India Ltd
WestPoint Home
Boll & Branch
Cotton Incorporated
John Lewis & Patterns
Pottery Barn
IKEA
The Company Store
Parachute Home
Jaipur Rugs
Laura Ashley
Ralph Lauren Home
Target
Williams-Sonoma
Peacock Alley
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South Korea Home Textile Industry Developments
March 2023:
The Company Store, a leading provider of home textiles, acquired retailer Brooklinen. The acquisition will allow The Company Store to expand its reach into the e-commerce market and offer a wider variety of home textiles to its customers.
February 2023:
Parachute Home, a direct-to-consumer home textiles brand, acquired The Company Store, a brick-and-mortar home textiles retailer. This acquisition will allow Parachute Home to expand its reach and distribution channels.
February 2023
: Jaipur Rugs, a leading manufacturer of hand-knotted rugs, partnered with West Elm, a home furnishing retailer, to launch a collection of rugs. The collection features a various styles and colors and is made from sustainable minerals.
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Countries Covered
The US, Canada, South Korea, France, The UK, Italy, Spain, Japan, India, China, Australia, South Korea, and Brazil
Key Questions Answered in the Report:
What are the contributing factors to the market's growth trends?
What is the current market size, and how is it expected to change in the upcoming years?
What are the key elements exerting influence on the market?
How is the South Korea Home Textile market segmented, considering types, applications, fuels, or other relevant factors?
Who are the major participants in the South Korea Home Textile market?
What strategies are these players employing to establish a competitive edge?
What factors are propelling the expansion of the South Korea Home Textile market?
Which regions are anticipated to witness notable growth, and what are the driving factors behind it?
What recent technological advancements are impacting the South Korea Home Textile industry?
South Korea Home Textile Market Segmentation
South Korea Home Textile Product Outlook
Bedroom Linen
Bathroom Linen
Carpets and Floor Coverings
Kitchen Linen
South Korea Home Textile Distribution Channel Outlook
Offline
Online
South Korea Home Textile Material Outlook
Polyester
Cotton
Silk
Wool
Others
Table Of Contents
1 Executive Summary
2 Scope Of The Report
3 Market Research Methodology
4 Market Landscape
5 Market Dynamics Of The Global South Korea Home Textile Market
- Global South Korea Home Textile Market, By Product Type
- Global South Korea Home Textile Market, By Distribution Channel
- Global South Korea Home Textile Market, By Region
- Company Landscape
- Company Profiles
- Conclusion
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