, /PRNewswire/ -- The is estimated to grow by billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 5.17% during the forecast period.
For more insights on the forecast market size and historic data (2018 - 2022) - The US home textiles market is experiencing growth due to the rising demand for eco-friendly products. Factors such as the impact of deforestation on climate change and toxic finishes on indoor air quality have driven manufacturers like Greenland Home Fashions and American Textile Co. to produce eco-friendly textiles.
These textiles are made from plant-based fibers, free of pesticides, chemicals, and fertilizers. Manufacturers avoid using toxic dyes, such as pentachlorophenol, and instead use eco-labels to signify their commitment to sustainability. Consumers are increasingly seeking out these eco-labels when purchasing home textiles, including carpets, bedspreads, rugs, and towels.
This trend is expected to continue fueling the growth of the US home textiles market. The home textiles market in the US is experiencing significant growth, with a focus on comfort and functionality. Decorative and functional pieces, such as curtains, throws, and pillows, are in high demand.
Furnishings made from materials like microfiber, velvet, and shag are popular trends. Decorative accents, like fringe and tassels, add style to any room. Consumers are also seeking eco-friendly and sustainable options, such as organic cotton and recycled materia.