The global home furnishings and floor coverings market, one
of the segments in the textile manufacturing industry, grew at a compound
annual growth rate (CAGR) of around 6% during the historic period. The growth is
mainly due to increasing demand in end user industries such as residential
construction and infrastructure, and rapid globalization.
In the forecast period, the global home furnishing and floor
coverings market size is expected to be over $260 billion by 2021, growing at a
CAGR of nearly 7%. The growth in the forecast period is mainly due to increasing
investments in residential construction in emerging economies such as China and
India and rising awareness for interior designing techniques.
Find TBRC’s report on the home furnishings and floor
coverings market:
Companies in the home furnishings and floor covering market are
adopting digital printing technology to reduce operational expenditures. The technology
lowers sampling process time, water consumption and increases product
offerings. These techniques are considered to be an eco-friendly alternative to
traditional home furnishings and floor coverings. Some of the companies
offering digital printing technologies include Epson, Bordeaux Digital PrintInk
and Fratelli Robustelli S.r.l.
Download a sample report:
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