What is the demand for home textiles in Europe?
The European market for home decoration and home textiles is steadily recovering from the economic crisis.
This market suffers in times of economic adversity because consumers cut back their spending on non-essential items for the home. Based on economic indicators, the outlook is positive, as GDP and private consumption expenditure continue to increase. Opportunities can be found both in Western Europe, where leading importers are located, as well as in the emerging markets of Eastern Europe, where the largest growth of the market for home decoration and home textiles is expected. Although it dominates the imports of Home Decoration & Home Textiles from Developing Countries, China is expected to leave market share open to other Developing Country suppliers.