U.S. Luxury Fabric Market Size & Outlook, 2023-2030
U.S. luxury fabric market, 2018-2030 (US$M)
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U.S. luxury fabric market highlights
- The U.S. luxury fabric market generated a revenue of USD 632.2 million in 2023 and is expected to reach USD 1,395.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 12% from 2024 to 2030.
- In terms of segment, interior was the largest revenue generating type in 2023.
- Exterior is the most lucrative type segment registering the fastest growth during the forecast period.
Luxury fabric market data book summary
| Market revenue in 2023 | USD 632.2 million |
| Market revenue in 2030 | USD 1,395.9 million |
| Growth rate | 12% (CAGR from 2023 to 2030) |
| Largest segment | Interior |
| Fastest growing segment | Exterior |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Interior, Exterior |
| Key market players worldwide | Sanderson Design Group PLC Ordinary Shares, Castellum AB, Lvmh Moet Hennessy Louis Vuitton SE, Ermenegildo Zegna NV, Jim Thompson Fabrics, Pierre Frey, The Romo Group, Kravet, Perennials and Sutherland, De Le Cuona |
Other key industry trends
- In terms of revenue, U.S. accounted for 16.5% of the global luxury fabric market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. luxury fabric market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 343.3 million by 2030.
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Luxury Fabric Market Scope
Luxury Fabric Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. luxury fabric market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to luxury fabric market will help companies and investors design strategic landscapes.
Interior was the largest segment with a revenue share of 67.27% in 2023. Horizon Databook has segmented the U.S. luxury fabric market based on interior, exterior covering the revenue growth of each sub-segment from 2018 to 2030.
The luxury fabric market in the U.S. has been experiencing rapid growth. Market players can be seen implementing various strategies to leverage this growth and boost their businesses accordingly. They are introducing fabrics and prints in line with the continuously evolving home décor trends and consumer preferences.
The U.S. market has some extremely established players, along with smaller players who have been aiming at a consolidation strategy to expand their presence. In March 2023, U.S.-based home furnishing player Kravet Inc. expanded its product range significantly by acquiring multiple assets from Tomlinson Erwin-Lambeth.
This strategic move broadened its offering of upholstered products, encompassing the Tomlinson Erwin-Lambeth brands and those of sister companies Carter and Directional, along with the transfer of various intellectual property and product designs within these lines.
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Target buyers of U.S. luxury fabric market databook
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Our clientele includes a mix of luxury fabric market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. luxury fabric market , including forecasts for subscribers. This country databook contains high-level insights into U.S. luxury fabric market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. luxury fabric market size, by type, 2018-2030 (US$M)
U.S. Luxury Fabric Market Outlook Share, 2023 & 2030 (US$M)
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