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Published on: Aug 2020 | From USD $2900 | Published By: MORDOR INTELLIGENCE | Number Of Pages: 120
Pakistan's home textile industry is export-oriented and the growth in the industry is achieved due to its downstream industries. It is one of the key suppliers to Europe, the United States, and China. The home textile industry in the market is likely to see growth in the residential and hospitality industry in the Pakistan. The raw materials requirement is facing a downward trend due to the growth in consumption in the domestic market. Pakistan's political instability may affect the home textiles market. However, the government has taken one of the measures Balancing, Modernization, and Replacement (BMR) and that provide loans to the business under subsidized rates. Pakistan's home textile industry also faces competition from China and India and the rising price of raw materials such as yarns and increasing interest rates, inflation rates might challenge the industry.
Key Market Trends
Rising Exports of Bed Linen
Pakistan's export of the bed linen that is made up of single or multiple yarns has been rising with a dip in the industry in 2016 and the bed linen exports have been increasing constantly from the year 2016. After the year 2016, bed linen exports have been rising constantly rising. The top five importing destinations for the market include the United States, Germany, and the United Kingdom, Netherlands, and France. Bed linen that is printed with high quality and prices provide pleasant looks to rooms for the members of the family. moreover, the Kitchen towel linen market exists in Karachi, Faisalabad, Lahore, Gujranwala, Sialkot, and Multan.
Rising Demand of Flooring In Market
The floor covering market is rapidly growing in Pakistan owing to the rise in infrastructure developments, changing lifestyles of customers, and due to changes in increasing demand for insulations by the consumers. The demand for the floor will also be risen by the development of construction industries and China Pakistan Economic Corridor Development.
Laminate flooring is one of the healthiest and eco-friendly options in the country with low formaldehyde emission levels. On the other hand, the carpet industry is one of the largest cottage industries of the country.
Competitive Landscape
The home textile market in Pakistan is fragmented with various mills located in the country. There are various branded and non branded players in the market. Home textiles Textiles Manufacturers in the country are focused on improving cost and quality in order to remain competitive in the market.
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1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Value Chain Analysis
4.6 Porter's Five Forces Analysis
4.7 Impact of Covid-19 on Market
4.8 Insights on Government Regulations and Initiatives
4.9 Insights on Technology Innovations in the Industry
4.10 Insights on Key Associations in Pakistan
5 MARKET SEGMENTATION
5.1 By Product
5.1.1 Bed Linen
5.1.2 Bath Linen
5.1.3 Kitchen Linen
5.1.4 Upholstery
5.1.5 Floor
5.2 By End User
5.2.1 Residential
5.2.2 Hosptality and Leisure
5.2.3 Hospital
5.2.4 Offices
5.2.5 Others
5.3 By Distribution Channel
5.3.1 Speciality Stores
5.3.2 Supermarkets & Hypermarkets
5.3.3 Online
5.3.4 Others
6 COMPANY PROFILES
6.1 Home Textile international
6.2 Ashraf Textile Industries
6.3 Associated Home Textiles
6.4 Ibrahim Textile Corporation
6.5 Shabbir Tiles & Ceramics Limited
6.6 Howardtex
6.7 Jawwad Industries
6.8 Continental Textile
6.9 Zephyrs Textile
6.10 Maryam Textile Pvt. (Ltd.)
6.11 Oct. Hometextiles Trading Co. Ltd.
7 FUTURE OF THE MARKET
8 DISCLAIMER
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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