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Europe Home Textile Market 2031 | Industry Share, Size, Growth

[151 Pages Report] Europe Home Textile Market is expected to surpass value of US$ 35.6 Billion by the end of 2031, expand at a CAGR of 5% from 2022 to 2031. Companies in the Europe home textile market are focusing on introducing new fabrics with the help of technologies such as the TransDRY technology and the WICKING WINDOWS technology to keep their businesses growing post the COVID-19 pandemic. The surging demand for advanced and eco-friendly products is anticipated to have high impact on the market’s growth, as adoption rate of eco-friendly products is increasing rapidly with people preferring green products to save the planet and avoid pollution. As such, the textiles home decor market is estimated to witness growth, owing to the benefits of home textiles where home interior fabric allows sun and light control. It protects interior color from fading, and also protects furnishings from deterioration through sunlight. New developments concerning the functionality of textiles, for instance, textiles incorporated with special silicone-matrix and combined with active natural substance such as vitamin E, aloe vera, and jojoba oil, are expected to boost the growth of the Europe home textile market in the near future. The Europe market is also expected to witness an increase in product diversity due to rising number of international companies undertaking R&D activities, and Internet platform resources that are set to enter the arena of Europe home textile manufacturing.