Global Home Textiles Business Update Report 2021 - ResearchAndMarkets.com

·3 min read

DUBLIN, September 21, 2021--(BUSINESS WIRE)--The "Home Textiles Business Update, 2021" report from Textiles Intelligence Ltd. has been added to ResearchAndMarkets.com's offering.

This report provides information, analysis and valuable insight into developments relating to the global home textiles industry and market in the following categories: acquisitions, divestments and mergers; certification; corporate social responsibility (CSR); corporate strategy; environmental sustainability; events; investments; joint ventures, cooperation, licensing and distribution; markets; new facilities; and traceability.

Companies, other organisations and brands examined in this report include Accelerating Circularity, Bed Bath & Beyond, Brooklyn Bedding, Devan, Freudenberg Performance Materials, Inter IKEA Group, Lenzing, Lowe's, Mitsui USA, Pratesi, PurThread, SFERRA, Soft-Tex International (Soft-Tex), Stainmaster, Tarkett, The Walmart Foundation, TreeToTextile, and Williams-Sonoma.

Key Topics Covered:

SUMMARY

ACQUISITIONS, DIVESTMENTS AND MERGERS

  • Lowe's has acquired the Stainmaster brand from Invista

  • Luxury linens brand SFERRA has acquired Pratesi

CERTIFICATION

  • Devan's R-Vital Multivitamin finish has been certified as being compliant with standard 100 by Oeko-Tex

CORPORATE SOCIAL RESPONSIBILITY (CSR)

  • A record number of facilities have been certified as being compliant with the Global Organic Textile Standard (GOTS)

  • IKEA has renewed its partnership with the World Wildlife Fund (WWF) until 2025

  • Tarkett will fully recycle the materials from all post-consumer waste carpet tiles which it sources from the UK

  • Williams-Sonoma has set new targets relating to social responsibility in its supply chain

CORPORATE STRATEGY

  • Bed Bath & Beyond has announced plans to launch a number of its own brands in order to boost company growth

  • Soft-Tex International has established a new subsidiary in order to serve international markets

ENVIRONMENTAL SUSTAINABILITY

  • Freudenberg Performance Materials has developed a tool called the Eco-calculator to help its customers choose products based on their sustainability credentials

EVENTS

  • Heimtextil has launched a digital materials library

  • Regenerative Crops

  • Remade Fibres

  • Harvesting Waste Streams

  • Sustainable Colour

INVESTMENTS

  • The Walmart Foundation has awarded Accelerating Circularity a grant of US$1.2 mn

JOINT VENTURES, COOPERATION, LICENSING AND DISTRIBUTION

  • Mitsui USA and PurThread have extended their distribution agreement relating to antimicrobial textile products

MARKETS

  • US imports of made-up textiles were down in value but up in volume in 2020

NEW FACILITIES

  • Brooklyn Bedding is building a new manufacturing facility and corporate headquarters in Arizona, USA

  • Soft-Tex has opened a new distribution and production facility in Texas, USA

  • TreeToTextile will invest Euro35 mn in the construction of a facility in Sweden which will manufacture a new, affordable and environmentally sustainable cellulosic fibre

TRACEABILITY

  • Lenzing has launched a traceability platform for its Tencel branded fibres and its Lenzing EcoVero branded fibres

Companies Mentioned

  • Accelerating Circularity

  • Bed Bath & Beyond

  • Brooklyn Bedding

  • Devan's R-Vital Multivitamin

  • Freudenberg Performance Materials

  • Heimtextil

  • IKEA

  • Inter IKEA Group

  • Invista

  • Lenzing

  • Lowe

  • Luxury linens

  • Mitsui USA

  • Pratesi

  • PurThread

  • SFERRA

  • Soft-Tex International (Soft-Tex)

  • Stainmaster

  • Tarkett

  • Tarkett

  • The Walmart Foundation

  • TreeToTextile

  • Williams-Sonoma

For more information about this report visit https://www.researchandmarkets.com/r/7hled6

View source version on businesswire.com: https://www.businesswire.com/news/home/20210921005520/en/

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