Canada Home Textile Market Size
|Study Period:||2019 - 2028|
|CAGR:||> 5 %|
*Disclaimer: Major Players sorted in no particular order
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Canada Home Textile Market Analysis
The Canadian home textile market is expected to register a CAGR of 5% during the forecast period.
Due to COVID-19, all economic activities except essential goods and services came to a standstill. The Canadian home textile industry was no exception to this. The industry faced a complete shutdown for around two to three months.
The Canadian home textile market is expected to register significant growth due to the growing demand for digitally printed home textiles. This is attributed to the high standard of living, inclination towards a luxurious lifestyle, and high disposable income of the population.
Moreover, the rising number of household constructions is expected to boost the market growth. Consumers who renovate their homes look for unique designs, styles, and colors 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, and improving lifestyles of consumers are driving the demand for home textiles in the market.
Canada Home Textile Industry Segmentation
Home textiles are fabrics that are used for home furnishings. It includes a variety of decorative and functional products that are mostly used to decorate houses. A complete background analysis of the Canadian home textile market includes an assessment of the national accounts, economy, and emerging market trends by segment.
In addition, there are significant market dynamics changes, and the report covers the market overview. The Canadian home textile market is segmented by product (bed linen, bath linen, kitchen linen, upholstery, and floor covering) and distribution channel (supermarkets and hypermarkets, specialty stores, online, and other distribution channels). The report offers market size and forecasts for the Canadian home textile market in value (USD million) for all the above segments.
|Supermarkets and Hypermarkets|
|Other Distribution Channels|
Canada Home Textile Market Trends
This section covers the major market trends shaping the Canada Home Textile Market according to our research experts:
Increasing Consumer Spending on Home Improvement Activities is Driving the Market
Consumers are increasingly spending on home improvement and remodeling 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, growing sensibilities toward aesthetic household furnishing and the rise in the number of home renovations will drive the Canadian home textile market during the forecast period. Innovation and portfolio extension leading to premiumization increased consumer spending on home renovation and household furnishing, and the growing construction industry will drive the market's growth.
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The Bed Linen and Bed Spread Segment are the Highest Contributors to the Market
Bed linen includes bedspreads, blankets, mattresses, mattress covers, pillows, duvets, duvet covers, and bed covers. 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 interest in oversized beds and mattresses. In addition, premium and designer beds with numerous functional benefits are gaining wider acceptance and driving value gains in the market.
Canada Home Textile Industry Overview
The report covers major international players operating in the Canadian 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 tapping new markets. Major players including, Beco Home, Novo Textiles, Northcott Silk Inc., Marina Textiles, and others have been profiled in the Canada home textile market report.
Canada Home Textile Market Leaders
Novo Textiles Co.
*Disclaimer: Major Players sorted in no particular order
Canada Home Textile Market News
- November 2022: The first live trade show on Canadian territory since 2019 was held in Toronto from November 7-9 as part of Apparel Textile Sourcing Canada. The sourcing show reintroduced its retail audience of 2,000 attendees, which included a significant number of notable Canadian brands like La Maison Simons, Walmart Canada, and Roots. In addition, it introduced its international exhibitor field of over 150 textile and garment enterprises, featuring ready-made garments, textiles, and accessories.
- October 2021: Sleep Country Canada Holdings Inc., Canada's omnichannel specialty sleep retailer, announced that it acquired a majority share of Hush Blankets ("Hush"). Hush, a Canadian-based, direct-to-consumer sleep retailer specializing in weighted blankets, pillows, sheets, and now their recently launched bed-in-a-box mattresses, has quickly become a celebrated household name and one of Canada's fastest-growing digital retailers.
Canada Home Textile Market Report - Table of Contents
1.1 Study Assumptions and Market Definition
1.2 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 Porter's Five Forces 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 Insights into Technological Advancements in the Industry
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1.1 Bed Linen
5.1.2 Bath Linen
5.1.3 Kitchen Linen
5.1.5 Floor Covering
5.2 Distribution Channel
5.2.1 Supermarkets and Hypermarkets
5.2.2 Specialty Stores
5.2.4 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration 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
6.2.6 Northcott Silk Inc.
6.2.7 Tricots Liesse
6.2.8 MW Canada
6.2.9 Standard Textile
6.2.10 KenDor Textiles*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Canada Home Textile Market Research FAQs
What is the study period of this market?
The Canada Home Textile Market is studied from 2019 - 2028.
What is the growth rate of Canada Home Textile Market?
The Canada Home Textile Market is growing at a CAGR of >5% over the next 5 years.
Who are the key players in Canada Home Textile Market?
Beco Home, Novo Textiles Co., Marina Textiles, Patlin Textiles, Maharam are the major companies operating in Canada Home Textile Market.
Canada Home Textile Industry Report
Statistics for the 2023 Canada Home Textile market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Canada Home Textile analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.