Market Trends of United States Bed and Bath Linen Industry
This section covers the major market trends shaping the US Bed & Bath Linen Market according to our research experts:
United States Household Developments Driving Force to Bed and Bath Linen Market
According to the U.S. Census Bureau, privately-owned housing units authorized by building permits in November 2020 were at a seasonally adjusted annual rate which s 6.2% above the revised October rate, and this is much above November 2019. The single occupancy/ studio apartments are rising at a high pace and raise in the number of households in the United States as the international employees, immigrants, students, and national students are opting to occupy the individual living, thus boosting the number of privately-owned housing units thus raising the need of Bed and Bath Linen Products.
Also, single-family housing completions in November were at a seasonally adjusted annual rate of rate which is 7.5% incremented to 2019's October rate. Such developments in the residential household category are expected to drive the need for various Bed and Bath Linen products.
US to Witness Largest Importer of Bath and Bed Linen
In FY 2019, the United States was the major importer of Indian Bed and Bath Linen products. This importing nature of the United States for Bed and Bath linen shows its consumer behavior of using these products and its sales nature across the nation. Also, the Staycation Travel is increased post-COVID-19 as people are desperately wanting to explore their local places in their short holiday plan. With highly increased WFH trend, the huge number of traveling is boosting the number of Motel, Hotels, Hostels for the trips and Staycation, thus increasing the demand for Bed and Bath Linen Products across the United States which is imported from countries like India, China, Bangladesh at the maximum extent and the United States is the largest imported amongst other European and North American Countries. These key Drivers for United States Bed and Bath linen market surely forecast high growth in the forecasting period.
