This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
Table Linen Products Market Size, Share, & Trends Analysis Report (2023 – 2030)
GET A FREE SAMPLE
Report Overview
The global table linen products market was valued at USD 8.4 billion in 2022 and is projected to expand at a CAGR of 5.0% from 2023 to 2030. Increasing disposable incomes and changing lifestyles are driving the demand for table linen products globally. The demand for table linen products is increasing due to their aesthetics, durability, and convenience. Furthermore, the emergence of online retailing has led to an increase in the sale of table linen products, as they are easily available online.
The growing popularity of formal dinner parties, festivities, and other social gatherings is driving the demand for decorative table linen products. Additionally, the growing trend of home decor and DIY projects is increasing the demand for table linen products, as they are used to decorate tables and make them look more attractive. Furthermore, the development of new materials, such as polyester and cotton, is augmenting the demand for table linen products.
Table linen products are available in a wide variety of colors, designs, textures, and sizes, which enable them to match the existing decor. Additionally, the rising trend of customization is expected to drive the demand for table linen products in the near future. Consumers are increasingly opting for customized table linen products, such as personalized napkins and tablecloths, to add a personal touch to their home decor. Furthermore, key players are launching new and innovative products to cater to the demand of customers. For instance, in November 2021, C&F Enterprises announced the launch of their new collection of table linens, which includes tablecloths, placemats, napkins, and runners.
The increasing popularity of outdoor dining and parties is expected to drive the demand for outdoor table linen products. Outdoor table linen products are designed to be portable and easy to clean, which makes them ideal for outdoor activities. Furthermore, the increasing popularity of camping and barbecues is expected to drive the demand for outdoor table linen products, as they are widely used in these activities.
In addition, the increasing demand for luxury table linen products is expected to propel the growth of the market. Luxury table linen products, such as tablecloths, placemats, and napkins, are made from high-quality materials, such as silk and linen, and are designed for special occasions. Furthermore, the rising trend of gifting these products is expected to fuel the growth of the market in the near future.
Product Insights
The napkins segment held the largest share of the market in 2020. This is mainly due to the increasing demand for napkins in homes and restaurants. According to an article published by Grandin Road, in April 2020, napkins are mostly used during special occasions and meals to add a formal touch to the event. Furthermore, due to the increasing popularity of outdoor dining and barbeques, there has been a surge in the demand for napkins.
The table cloths segment is expected to register the fastest CAGR of 7.6% during the forecast period. This is due to the increasing demand for table cloths in homes and restaurants as they provide an aesthetically pleasing look for the table setting. Furthermore, the growing trend of outdoor dining and barbeques is driving the demand for table cloths. According to an article published by Grandin Road, in April 2020, table cloths are becoming increasingly popular as they can be used to add a personal touch to the event.
Distribution Channel Insights
The department stores segment accounted for the largest share of the market in 2022. Department stores offer a wide range of table linen products, such as tablecloths, table runners, placemats, napkins, and coasters, which is driving the segment growth. Moreover, customers prefer to visit department stores for their dining needs and to buy table linen products in bulk. Furthermore, department stores offer discounts and promotional offers, which is also driving the segment growth.
The online stores segment is expected to witness the highest growth during the forecast period. The growing penetration of the internet and the increasing adoption of smartphones is driving the growth of the segment. Moreover, increasing internet penetration in developing countries, such as India and China, is expected to fuel the growth of the segment. Furthermore, the availability of a wide range of products and discounts and promotional offers offered by the online stores are driving the segment’s growth.
Type Insights
The decorative table linens segment accounted for the largest market share of around 42.7% in the year 2022. The growing demand for decorative table linens is due to the increasing trend of hosting parties in homes and offices. Additionally, the increasing trend of gifting decorative table linens is also driving the market. For instance, in 2020, the Japanese company, Aomori Shiroi, introduced a new range of chrysanthemum tablecloth, which is available as a gift.
The functional table linens segment is expected to register the highest CAGR of 8.4% over the forecast period. The growing demand for functional table linens is attributed to the increasing trend of using it in homes, restaurants, and hotels. Additionally, the growing trend of using functional table linens for special occasions such as weddings and anniversaries is also driving the segment. For instance, in 2020, the global brand, IKEA, introduced a range of functional table linens, designed to make special occasions even more special.
Regional Insights
Europe accounted for the largest revenue share in the table linen products market, in 2022. This can be attributed to the presence of a large number of table linen suppliers in the region. Moreover, the increasing popularity of home decor and interior design trends is further expected to drive the demand for table linen products in this region. For instance, in February 2021, French supplier Garnier-Thiebaut launched a new collection of table linen products with modern and minimalist designs.
Asia Pacific is expected to witness the highest growth rate in the coming years. This is attributed to the rapidly increasing population in this region and the growing disposable income of consumers. Moreover, the increasing popularity of online shopping in the region is expected to further drive the growth of the market. For instance, in March 2021, Indian lifestyle brand Bombay Dyeing launched a range of table linen products on its e-commerce portal.
Financial Projections
In this part of the Table Linen Products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your Table Linen Products business. Usually, these projections are drafted for a 5-year period.
Revenue Assumptions
The main source of revenues for a Table Linen Products business comes from product sales. Here you will find a list with a description of each of them and other possible sources of profit such as wholesale, corporate sales, and retail sales.
Projecting Expenses
In this section, all the regular expenses related to keeping the Table Linen Products business running will be described. The list of operating expenses includes costs for labor, raw materials, rent, utilities, insurance policies, advertising, and others.
Key companies & market share insights
Some of the key players operating in the table linen market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:
– In June 2022, IKEA launched a new range of table linen made from a blend of cotton and linen.
– In August 2022, Pier 1 Imports launched a new collection of table linen featuring vibrant colors and patterns.
– In October 2022, Crate & Barrel launched a new range of table linen made from organic cotton.
Some of the prominent players in the table linen market include:
– IKEA
– Williams-Sonoma, Inc.
– Pottery Barn
– Bed Bath & Beyond Inc.
– Pier 1 Imports
– Crate & Barrel
– Target Corporation
– Macy’s, Inc.
– Walmart Inc.
– Linen Chest Canada
Global Table Linen Market Segmentation
This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global men’s table linen products market based on product, distribution channel, type, and region:
1. Product Outlook (Revenue, USD Million, 2017 – 2030)
– Table Cloths
– Placemats
– Table Runners
– Napkins
– Coasters
– Others
2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)
– Specialty Stores
– Supermarkets & Hypermarkets
– Online
– Others
3. Type Outlook (Revenue, USD Million, 2017 – 2030)
– Cotton
– Polyester
– Linen
– Silk
– Others
4. Regional Outlook (Revenue, USD Million, 2017 – 2030)
– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa
Frequently Asked Questions
[Q]: What are the key factors driving the demand for table linen products?
[A]: The key factors driving the demand for table linen products are the increasing purchasing power, changing lifestyle trends, rising disposable incomes, and the increasing number of hotels and restaurants. Additionally, the increasing use of table linen products in special occasions and events such as wedding ceremonies and parties is also driving the demand.
[Q]: Who are the major table linen manufacturers?
[A]: The major table linen manufacturers are LinenTablecloth, Zara Home, Bed Bath & Beyond, Williams Sonoma, Pier 1 Imports, Crate and Barrel, IKEA, Pottery Barn, Wayfair, and Overstock.
[Q]: What are the key trends in the table linen market?
[A]: One of the key trends in the table linen market is the increasing use of organic materials such as bamboo, linen, and cotton. Additionally, the use of patterned and printed table linens is also gaining traction.
[Q]: What is the market outlook for table linen products?
[A]: The global table linen products market is expected to register a CAGR of 5.1% during the forecast period (2020-2025), owing to the increasing demand for table linen products in the hospitality industry.
[Q]: What is the potential of product innovation in the table linen market?
[A]: With the increasing demand for table linen products, manufacturers are focusing on product innovation in order to differentiate themselves from the competition. Product innovation involves introducing new products with special features such as waterproof, wrinkle-free, and stain-resistant materials. Innovation in product design, such as adding decorative elements, is also gaining traction in the table linen market.
Research Methodology
Impact Analytix employs a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecasts possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation which looks market from three different perspectives. Critical elements of the methodology employed for all our studies include:
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For a comprehensive understanding of the market, it is essential to understand the complete value chain and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia, and trade journals. Technical data is also gathered from an intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, and pricing trends are also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is created and customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression, and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, industry experience, and domain expertise.
Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of the technology landscape, regulatory frameworks, economic outlook, and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:
Market drivers and restraints, along with their current and expected impact
Raw material scenario and supply v/s price trends
Regulatory scenario and expected developments
Current capacity and expected capacity additions up to 2030
We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.
Primary validation
This is the final step in estimating and forecasting our reports. Exhaustive primary interviews are conducted, face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, technology providers, domain experts, and buyers so as to ensure a holistic and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation but also provide critical insights into the market, current business scenario, and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:
Market-leading companies
Raw material suppliers
Product distributors
Buyers
The key objectives of primary research are as follows:
To validate our data in terms of accuracy and acceptability
To gain an insight into the current market and future expectations
To request a free sample copy of this report, please complete the form below.
We value your investment and offer free customization with every report to fulfil your exact research needs.
