Textiles Home Décor Market are envisaged to exceed US$ 185,000 Mn by 2027-end
Sensing the overall opportunities in the home décor market, prominent manufacturers are focusing on increasing capacity expansion and setting up new plants. For example, Welspun India opened a new plant in Anjar, Gujarat, India recently, and made a foray into flooring solutions segment. The facility had an annual capacity of nearly 7 million square meters, with 50% of the production primed for emerging markets. Bombay Dyeing, another prominent player in the market, is focusing on massive revamp of its home textile business by investing over US$ 15 million in the brand. The company also plans to increase its total revenues to US$ 150 million by the end of 2020. A recently published report of Transparency Market Research (TMR) has listed key companies underpinning expansion of the global home décor textiles market , which are Mannington Mills, Inc., Companhia de Tecidos Norte de Minas, Kurlon Enterprise Limited, American Textile Company, Inc., Leggett & Platt, Incorporated, ...