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Published on: Jun 2020 | From USD $2900 | Published By: MORDOR INTELLIGENCE | Number Of Pages: 130
Canada home textile market is expected to register significant growth, owing to the growing demand of digitally printed home textiles. This is attributed to the high standard of living, inclination towards luxurious lifestyle along with high disposable income of the population. Moreover rising number of household constructions is expected to boost the market growth. Consumers who renovate their homes, look for unique designs, styles, and colours in home textiles that could provide an aesthetic and modern look to their homes. Key factors driving the robust growth rate of Canada include surging per capita expenditure, availability of potential consumers in the market, increasing investments by major regional players, improving lifestyles of consumers etc. are driving the demand of home textile in the market.
Key Market Trends
Increasing Consumers Spending on Home Improvement Activities
iThe consumers are increasingly spending on home improvement and remodelling as per the latest interior trends. Consumers nowadays are aware of the latest interior design trends and unique designer home textile products. Also, the proliferation of online shopping portals has played a major role in generating interest among consumers to seek the services of interior designers to renovate their homes. Therefore, the growing sensibilities toward aesthetic household furnishing and rise in the number of home renovations will drive the Canada home textile market during the forecast period. Innovation and portfolio extension leading to premiumization, increased consumer spending on home renovation and household furnishing, and growing construction industry will drive the growth of the market.
Growing Bed Linen and Bed Spread Segment
Bed linen includes bedspreads, blankets, mattress, mattress covers, pillows, duvets, duvet covers, and bed covers, among others. It also includes bathrobes, bath towels, and bathmats, among others. The bedroom linen segment witnessed strong growth over the past few years and in the forecast period due to escalating consumer interests towards oversized beds and mattresses. In addition, premium and designer bed with numerous functional benefits are gaining wider acceptance and driving value gains in the market.
Competitive Landscape
The report covers major international players operating in the Canada home textile market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.
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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 DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain / Supply Chain Analysis
4.5 Porters 5 Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Impact of COVID-19 on the Market
5 MARKET SEGMENTATION
5.1 Type
5.1.1 Bed Linen
5.1.2 Bath Linen
5.1.3 Kitchen Linen
5.1.4 Upholstery
5.1.5 Floor
5.1.6 Other Products
5.2 Distribution Channel
5.2.1 Supermarkets
5.2.2 Specialty Stores
5.2.3 Online
5.2.4 Other Distribution Channels
6 COMPETITIVE LANDSCAPE
6.1 Market Competition Overview
6.2 Company Profiles
6.2.1 Beco Home
6.2.2 Novo Textiles Co.
6.2.3 Marina Textiles
6.2.4 Patlin Textiles
6.2.5 Maharam
6.2.6 Northcott Silk Inc.
6.2.7 Tricots Liesse
6.2.8 MW Canada
6.2.9 Standard Textile
6.2.10 KenDor Textiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
8 APPENDIX
9 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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