PUBLISHER: Grand View Research | PRODUCT CODE: 1571761
PUBLISHER: Grand View Research | PRODUCT CODE: 1571761
The global table linen market size is expected to reach USD 14.33 billion in 2030 and is projected to grow at a CAGR of 4.4% from 2024 to 2030. Growing inclination towards eco-friendly fibers, changing lifestyle patterns, and improved standard of living are expected to drive the market. Furthermore, increase in the number of fast food and restaurant chains across the globe is expected to fuel the market growth over the next few years.Growing real estate market and increasing consumer spending on home decoration and interior are some of the factors anticipated to drive the global market.
This region is expected to witness a surge in demand due to growing awareness among the customers regarding improvement in dining aesthetics. Availability of table linen at a cheaper price is expected to remain prominent in boosting the market growth. The market is mainly driven by the presence of strongly developing economies such as China and India, wherein the spending power of the population is increasing.
North America dominated the market with a share of 34.2% in 2023. This growth is attributed to high purchasing power of the population in developed economies such as U.S. The market is anticipated to witness significant growth over the coming years due to the implementation of latest technologies and well established industrial infrastructure. Rising incorporation of table cloths in kitchen decor to enhance the aesthetic appeal is predicted to fuel the market growth.
The cotton segment held the largest market revenue share of 35.7% in 2023 owing to its significant properties such as high strength, color retention, and good absorbency. Rise in the number of cafes and restaurants globally has increased the usage of cotton based table cloths to add a more decorative interior. Artificial fibers are anticipated to register the fastest CAGR of 4.8% from 2019 to 2025. This growth is attributed to easy stain removal property and longer life offered by them.
The residential segment held the largest market revenue share in 2023. Table linens are available at a cheaper price, which has enabled households to increase their buying frequency, thereby driving the segment. The hypermarket/supermarket segment held the largest market revenue in 2023. The online segment is anticipated to witness the fastest growth owing to its extra value added services such as home delivery, coupon benefits, cash on delivery, and in most cases 30 days return policy.