Luxury Interior Fabric Market is expected to grow with a CAGR of 13.60% from 2023 to 2030.
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This report describes the global market size of Luxury Interior Fabric Market from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 13.60% from 2023 to 2030.
Silk, velvet, and leather are a few materials that are frequently utilised in interior design since they are thought to be the epitome of luxury. Silk is a pricey, opulent material that can be used for bedding, upholstery, and draperies.
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Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Luxury Interior Fabric Market estimated at US $ million in the year 2022, is projected to reach a revised size of US$ million by 2030, growing at a CAGR of 13.60% during the forecast period 2023-2030. North American market for Luxury Interior Fabric Market is estimated to increase from $million in 2022 to reach $ million by 2030, at a CAGR of % during the forecast period of 2023 through 2030.
For geography segment, regional supply, demand, major players, price is presented from 2018 to 2030. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Luxury Interior Fabric Market as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
By Product
Curtains
Doors
Windows
Upholstery
Chairs
Sofas
Beds
Luxury Cushion
Bed Linen
Mattress Coverings
In 2022, the upholstery market sector held a 52.6% market share. One of the markets for furniture that is expected to develop the fastest is upholstered furniture. The need for luxury upholstery textiles for various forms of seating furniture, including beds, chairs, and sofas, is a result of rising consumer spending power, rising standards of living, and changing lifestyles.
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By Raw Material
Cotton
Velvet
Linen
Jacquard
Others
In 2022, the velvet market category dominated and contributed 27.4% of the total revenue, the second-largest proportion. As velvet increases the sophistication of interior spaces, it is used for upholstered furniture, decorative pillows, and drapes. There are many different kinds of velvet textiles on the market, including pile-on-pile velvet, crushed velvet, panne velvet, embossed velvet, stretch velvet, chiffon velvet, and cisele velvet. Over the projection period, the jacquard fabric category is anticipated to have the quickest CAGR of 14.0%. Because of their intrinsic structure, jacquards are a great choice for chair and furniture upholstery.
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By Distribution Channel
Offline
Online
In 2022, the offline category had the highest revenue share at 57.6%. Customers favour traditional distribution methods because they allow for a hands-on examination of the materials, facilitating a quick assessment of their quality and requirements. Traditional brick-and-mortar stores have assisted brands in providing customers with a distinctive shopping experience.
End-user
Domestic
Commercial
Over the projection period, the commercial application category is expected to grow at a 13.7% CAGR. Compared to those used in homes and other domestic areas, luxury fabrics utilised in commercial interior settings must be far more durable. Luxury interior materials are becoming more popular in business settings in North America and Europe, particularly in the travel, hotel, and healthcare industries. The upscale and upper-midscale new-build hotels dominate this pipeline, making up 62% of the projects and 57% of the rooms in the whole U.S. construction pipeline, according to Lodging Econometrics' 2023 U.S. Hotel build Pipeline Trend Report.
By Company
Nina Campbell
Please ask for sample pages for full companies list.
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