﹛﹛Latest research on GCC Home Textile Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2025 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the GCC Home Textile market. this report included a special section on the Impact of COVID19. Also, GCC Home Textile Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment＊s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the GCC Home Textile industries.
﹛﹛GCC Home Textile market is growing at a CAGR of 7% during the forecast period (2021-2025).
﹛﹛The GCC Home Textile market is highly competitive and consists of a number of major players. Top Companies like?Dicitex, Housetex, Orient Textiles International LLC, Satex, Al Sorayai Group, Gulf Asian General Trading LLC, AL Taqwa, Deyarco, B Tex International L.L.C, CLF Como Luxury Fabrics LLC
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﹛﹛Scope of the Report
﹛﹛The GCC has become a major textile hub in the world that includes fibers, fabrics, apparel, cloth, outerwear, home textiles, and technical textiles. The home Textile segment has become one of the most attractive segments in the textile industry markets within the GCC nations and has emerged as one of the most fashion-sensitive segments. The United Arab Emirates and Saudi Arabia are among the largest home textile exporters in the Middle East. The United Arab Emirates has a large textile industry and ranks third in the world in terms of textile exports.
﹛﹛The large population, increasing rate of urbanization, and improved quality of living are largely responsible for the growing demand for home textiles like beddings, bed sheets, towels, carpets, quilts, blankets, and covers in the GCC market. The development of e-commerce for home textiles in the region is also expected to lead to increasing demand.
﹛﹛Cotton and linen textiles are used throughout the region for the production of home textile materials. Innovation in the 3D cotton textiles market is bringing changes in the home textile market. Growth of end-use sectors like housing, hospitality, office spaces, and healthcare has ignited interest in home textiles among consumers.
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﹛﹛Key Market Trends
﹛﹛Home Textile Market in the United Arab Emirates is Largest Market in the GCC, while Saudi Arabia Home Textile is Expected to Grow Faster
﹛﹛Favorable economic conditions and trade equations have led to the growth and development of the home textile segment in the United Arab Emirates. The existence of an ever booming economy to luxury clothing has made the United Arab Emirates an important center for the home textile business. The growth of the hospitality sector in the United Arab Emirates is fostering the growth of bedding solutions and is widely used in homes, hotels, and hospitals in the country. However, the growth of the home textile market in Saudi Arabia is expected to grow fast due to the large population and housing projects in the country.
﹛﹛Increase of Luxury Hotels in GCC is Expected to Drive the Growth of Bed Linen Segment
﹛﹛Luxury hotel supply in the GCC market is expected to grow in the coming years owing to the region hosting of several events such as Expo 2020, FIFA world cup 2022, and other major events in the region. The luxury hotel market is also growing due to rising tourists and expatriate populations in the region. The construction of luxury hotels is expected to drive the demand for home textiles in the region, as more hotels are getting constructed. Thus, the bed linen/bedspreads segment demand from these hotels may rise. High-quality bedding sheets, towels, pillows, etc. may be demanded by hotels to provide good ambiance and experience to serve its customers.
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﹛﹛What are the market factors that are explained in the report?
﹛﹛每Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
﹛﹛每Key Market Features:?The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
﹛﹛每Analytical Tools:?GCC Home Textile Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter＊s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.?
﹛﹛The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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﹛﹛每 The market estimate (ME) sheet in Excel format
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