Table Linen Market Analysis, Size, Growth, Share,Outlook & Forecast to 2025 | Grand View Research Inc.
The global table linen market size is expected to reach USD 12.7 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.2% over the forecast period. Growing inclination towards eco-friendly fibers, changing lifestyle patterns, and improved standard of living are expected to drive the market. Furthermore, increase in the number of fast food and restaurant chains across the globe is expected to fuel the market growth over the next few years.Growing real estate market and increasing consumer spending on home decoration and interior are some of the factors anticipated to drive the global market. Asia Pacific is expected to expand at the fastest CAGR of 4.7% from 2019 to 2025. This region is expected to witness a surge in demand due to growing awareness among the customers regarding improvement in dining aesthetics. Availability of table linen at a cheaper price is expected to remain prominent in boosting the market growth. The market is mainly driven by the presence of strongly developing economies such as China and India, wherein the spending power of the population is increasing. North America dominated the market with a share of 34.5% in 2018. This growth is attributed to high purchasing power of the population in developed economies such as U.S. The market is anticipated to witness significant growth over the coming years due to the implementation of latest technologies and well established industrial