Consumers call for better linens

来源 :China Textile | 被引量 : 0次 | 上传用户:kxianwen
下载到本地 , 更方便阅读
声明 : 本文档内容版权归属内容提供方 , 如果您对本文有版权争议 , 可与客服联系进行内容授权或下架
论文部分内容阅读
  
The U.S. has seen a slow but steady growth in housing over the last few years. Both new housing starts and existing home sales reached eight-year highs in June. Just as significantly, the rental market remains tight throughout the country. This is good news for the textile industry, as new abodes often mean new window treatments, towels that match the new bathrooms, and fresh bed linens that complement the surroundings. And just as they do when shopping for apparel, consumers want the best quality for their money.
  
“I always suggest fantastic sheets with great textiles, because the better it is the more longevity it has,” says Michael Arguello, a New York-based interior designer who also offers his own line of home goods and accessories. “Also, you can tell the difference between a premium product and something meant to be discarded in a short time span. With something like sheets, you have to figure you spend so much of your life sleeping-- why sleep [on junk]?”
  
Consumers presume their products will have staying power. For instance, they insist a quilt should last about eight years, a blanket or comforter to wear well for about six years, and a single sheet, sheet set and bath towel to last about four years, according to the Cotton Incorporated Lifestyle Monitor? Survey.
  
The NPD Group’s Debra Mednick, executive director and home industry analyst, says there is a growing sense in the industry that some consumers-- no matter their economic status-- want better.
  
“They’re tired of hearing that everything is cheap…so retailers are respond- ing with more variety. Stores like Walmart know they have a varied breadth of customer so they wanted to step up their opening price point. They started offering a 600-thread count sheet set for $60,” Mednick says. That compares to other offerings by the retail giant that start at $20. “They do a lot of research so you have to figure if they’re offering the better set, they believe there’s a customer for it.”
  
An improved jobs market and lower unemployment is helping the home market. June saw a 26.6 percent increase in housing starts, according to the U.S. Commerce Department, while the National Association of Realtors reported existing home sales are at their highest pace since February 2007 (5.79 million), having increased year-over-year for nine consecutive months and are 9.6 percent above a year ago (5.01 million). Additionally, the Joint Center for Housing Studies of Harvard University reports the U.S. rental market is “booming,” with 770,000 additional rental households added each year since 2004.   
Meanwhile, sales of home textile products have increased over the last three years, according to the NPD Group, rising from $20.9 billion in the 12 months ending May 2013 to $21.2 billion in 2014 and then increasing almost 4 percent to$21.9 billion as of two months ago. Mednick says the number of units sold was flat, but higher price points drove up total spending.
  
Any increase in quality will be appreciated by consumers, most of whom shop for linens at mass merchants yet have high expectations for their softline home goods. Almost 2 in 3 consumers (65 percent) say they shop for home textiles at mass merchants, followed by chain (40 percent), department (29 percent), and specialty (28 percent) stores, according to the Monitor? data.
  
The Monitor? survey finds that consumers’ desire for durability and longevity have made them willing to seek out things like sheets that don’t pill (53 percent), bedding that doesn’t fade (56 percent), and towels that dry quickly (56 percent).
  
“People will spend more on their interiors because, especially in the city, there are so few spaces that are private for you,” Arguello says. “When you shut the doors, you want your interior to be a reflection of who you are and how you want to live your life.”
  
This desire for more quality at affordable prices has spurred new entries into the market. Recently, Fortune cited startups Casper, Parachute, Boll & Branch, and Brooklinen as companies that recognize shoppers want affordable home luxury. Brooklinen touts that its sheets, which start at $99, are made with “luxurious materials”-- 100 percent cotton, long-staple percale, and sateen models-- by top caliber factories. The company says it can do this because not only does it offer a limited selection, but by working directly with the manufacturers and selling the product online, they’ve cut the costs of wholesalers, licensing, distribution and retailers.
  
As much as the industry has improved since the recession, Reportlinker, an industry market research firm, says it should see even better spending over the next five years, with continued economic improvement and surges in home ownership.
  
Currently, consumers shop for new sheets, bedding, and bath towels about once every two years, the Monitor? survey shows. Softness, durability, price, and laundering requirements top the list of the most important factors for consumers when purchasing bedding, sheeting, and bath towels. Absorbency is also a key driver for towels.
  
The majority of consumers prefer their bedding (75 percent), sheeting (81 percent), and bath towels (90 percent) to be cotton-rich, according to the Monitor? data. And nearly half (48 percent) get home textile ideas from store displays, followed by themselves (44 percent), online (30 percent), and magazines(23 percent).
  
“The retailers always merchandise it beautifully with color and pillows,” Mednick says. “And as we know, great merchandising drives impulse buys for those replacing their existing products, as well as attracts a high percentage of first-time linen buyers in the 18-to-35 category. Retailers are merchandising it right because they’re devoting a lot of real estate to it--even taking floor space away from other categories for it. They’re banking on it doing well.”
其他文献
The industrial equipment sector is extremelycyclical and our companies have to adapt to majorinvestment phases like in 2006 and 2007 and tobrutal stops but no one could have expected such thesudden cr
期刊
Massive job Josses are in the offing in the textile sector,says the theApparel Export Promotion Council(AEPC).
期刊
With over 50 participating companies from the Rhone-AlpesRegion, the foremost textile region of France, the conclusion ofTextile Days Shanghai 2010 held in the Rhone-Alpes Pavilionhas left a tasting i
期刊
The BASF brand is about to become more visible now fOr BASF'spolvurethane customers all over the world.With the launch Of the newPolyurethane Solutions brand arld associated harmonization Of brandinga
期刊
Fountain Set Limited announced that its branch brand "Fountain Set"was producing 2011 autumn-winter collections on the 2010 IntertextileShanghai Apparel Fabrics Trade Fair, displaying new products emb
期刊
On March 27th, the National Textile Development Center and HebeiJigao Chemical Fibre Co., Ltd united together in Beijing to announce that the"TANBOOCEL" Bamboo fiber product R&D cooperation system has
期刊
Since the establishment in 1997, China Fashion Week has already presented540 fashion shows and 67 contests of more than 230 designers and 280 brandsfrom China (Hong Kong, Macau, Taiwan included), Japa
期刊
The 9th Apparel Sourcing Paris trade fair, took place from Monday 14 to Thursday 17 September 2015 at Paris Le Bourget, promised to be out of the ordinary, attracting more than 400 exhibitors from all
期刊
The largest Yarn Expo Autumn is to be held from 13 – 15 October this year with both the gross area and exhibitor number jumping to an all-time-high.“We relocated this year’s autumn fair to the new Nat
期刊
From 1997 to 2000, China textile industryexperienced a formidable reform,particularly in cotton textile sector, that wastoo much burdened with excessive spinningcapacity for 40 million spindles. The c
期刊