Market Trends of Turkey Home Textile Industry
This section covers the major market trends shaping the Turkey Home Textile Market according to our research experts:
Exports of Home Textiles is Driving the Market
Turkey is one of the leading exporters of home textiles. Turkish home textiles possess some critically unique features. Primarily, the sector, having a very strong quality image abroad, has a machinery park with the latest technology and an infrastructure with a flexible working style and a highly qualified labour force which can produce a wide range of products. Turkey is exporting its own special collections to mature markets such as Europe, United States and others. Among the main factors providing success in the sector, is brand creation. Furthermore, adapting to high value-added quality products, consideration of intellectual property rights, human health, environment, and total quality management issues also aid in increasing the competitiveness in the sector.
Increasing Consumer Spending on Home Textile is Driving the Market
Increased consumer spending on household textiles will drive Turkey home textile market's growth over the forecast period. Higher disposable incomes are expected to translate to much higher spending on home textiles. Growth in end-use sectors, such as hospitality and residential, along with the rising awareness about changing home decor trends is estimated to drive the market. Increasing demand for household products and growing consumer awareness has made home textiles a lucrative business segment in the textile industry.
