Home Textiles

Visitor satisfaction grows to 93% at Heimtextil 2024

Textile Insights January 13, 2024

At Heimtextil 2024, visitor satisfaction rose to an average of 93 percent, particularly with the breadth and depth of the offering, while around 80 percent of exhibitors achieved their trade fair goals. “Among German trade visitors, overall satisfaction rose by seven percentage points to 88

Home Textiles

Carpets & Rugs Hall Fully Booked At Heimtextil 2024

Textile Insights December 9, 2023

The new Carpets & Rugs hall at Heimtextil, which will be held from January 9-12, 2024, has now around 100 manufacturers and brands and is fully booked, due to a strong increase in suppliers of machine woven carpets. These exhibitors include Merinos Hali, Oriental Weavers Group, Ragolle Rugs, Universal XXI, Verbatex and the Belgian association […]

Home Textiles

Use Of Sustainable MMCF In Home Textiles Gets Boost In Karur

Textile Insights December 7, 2023

Birla Cellulose, a manufacturer of sustainable cellulose fibres held a hub-meet in Tamil Nadu’s Karur, to explain potential of sustainable manmade cellulosic fibres (MMCF) in the home textiles sector. This meet which was attended by 175 home textile producers and exporters from the Karur textile cluster, aimed to pave the way for sustainable innovation in […]

Home Textiles

China’s Home Textile Exports Slip Slightly In First 10 Months

Textile Insights December 4, 2023

Chinese home textile exports totaled US $27.33 billion in the period between January and October 2023, down by just 0.5 percent from a year ago period. “Home textile exports in October were $2.81 billion, down from $3.30 billion in September. Exports had grown in August and September, but once again slipped in October,” data from […]

Home Textiles

Indian Home Textile Companies Revenue To Rise 7-8% In FY’24

Textile Insights November 29, 2023

In a research note on the Indian home textiles industry, ratings agency ICRA expects revenues of its sample report companies to increase 7-8 percent year on year to Rs. 21,500 crores in the ongoing fiscal. Additionally the ratings agency also expects operating margins to improve 250-350 bps in the current fiscal. ICRA’s sample of four […]

Home Textiles

Chinese Home Textile Exports Reverse Downward Trend In Aug

Textile Insights October 11, 2023

Chinese home textile exports were able to reverse the downward trend witnessed in the last few months and turned positive in August 2023. Home textile exports in August 2023 amounted to US $3.07 billion, up 2.3 percent year-on-year, while in the first eight months of 2023, they stood at $21.46 billion, down 1.5 percent from […]

Home Textiles

Pure Parima Expands Luxury Line With Egyptian Cotton Towels And Bathrobes

October 11, 2023

Pure Parima, a top online bedding supplier known for its 100% certified Egyptian cotton sheets, is expanding its product range. The company has introduced a new collection of Egyptian cotton towels and bathrobes. The New Jersey-based company is renowned for its commitment to transparency and quality. Turab Hassan, the company’s SEO manager, stated, “Pure Parima

Home Textiles

Home Textiles Makers’ Revenue And Profitability To Rebound This Fiscal

September 19, 2023

Improved operating performance to keep credit outlook stable despite moderate capex Revenue of the home textile industry is set to rise 7-9% this fiscal after a ~15% fall last fiscal, as India regains global share following a correction in domestic cotton prices and restocking by big-box retailers in major markets abroad. The industry’s operating profitability […]

Home Textiles

Welpsun India Aims To Be Debt-Free In Fiscal 2025-26

Textile Insights September 6, 2023

Welspun India, a major manufacturer and which exports 90 percent of home textiles production, plans to be debt-free by 2025-end and 2026-beginning. This was informed by Dipali Goenka, the Joint Managing Director and CEO of Welspun India, who also informed about the company’s plan to invest Rs 300 crore in various initiatives. “Welspun India is […]

Home Textiles

Operating Profit Of Home Textile Sector To Improve 150-200bps

Textile Insights September 4, 2023

Operating profitability of the Indian home textiles sector will improve 150-200 basis points to 14.0-14.5 percent, due to lower raw material costs and better operating leverage. In a report, Crisil Ratings added that despite improvement in operating profitability, they will still hover below pre-pandemic levels. The ratings agency also said that revenues from the home […]