Globally, consumers spent $201 billion on home textile products in 2019¹. While a drop in spending due to the COVID-19 pandemic is expected in 2020, this market is projected to recover by 2022 and to show a 5-year growth of 12.4% with $226 billion spent in 2024¹.
Consumers in each of 12 countries surveyed prize towels, sheets, and bedding that are high quality, soft, comfortable, and durable. They see the role fiber plays in delivering these purchase drivers, as 79% say that 100% cotton is important to them when purchasing home textiles.
KEY INSIGHTS
80%believe quality sheets and bedding help you sleep better.
TAKEAWAY
Meet consumers’ needs with this key purchase driver.
85% are more likely to purchase a sheet marketed as “soft and comfortable.”
TAKEAWAY
Highlight the attributes consumers seek most.
55%experience two or fewer negative issues with textiles made from cotton.
TAKEAWAY
Use cotton in home textiles to help consumers avoid negative experiences.
MARKET OPPORTUNITIES
Negative issues such as colors fading and fabric becoming rough or itchy can cause frustration and disappointment for home textiles consumers.
While unavoidable over time, consumers report fewer issues when they purchase home textiles made of cotton.
Brands can add value and meet key purchase drivers of quality and durability with the addition of performance features, including odor and stain resistance.
PERFORMANCE FEATURES DESIRED
94% of consumers would pay more for at least one performance feature.
TOP FEATURES
(percentage who would pay more for feature)
