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Home Textile & Soft Furnishing Manufacturing in Luxembourg - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

LU-C1392 April 2024 Factsheet

Revenue

€1.2m

2019-2024 8.3 %
2024-2029 X.X %

Employees

8

2019-2024 1.4 %
2024-2029 X.X %

Businesses

9

2019-2024 0.9 %
2024-2029 X.X %

Wages

€XXX.Xk

2019-2024 X.X %
2024-2029 X.X %

Home Textile & Soft Furnishing Manufacturing in Luxembourg market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Luxembourg compared to Europe?

Country Benchmarking

Industry Data Luxembourg

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#35 In Europe
Business
#35 In Europe
Employees
#35 In Europe
Wages
#35 In Europe

The Home Textile & Soft Furnishing Manufacturing in Luxembourg ranks 35 in Europe with regards to its 2024 revenue (€1.2m). Revenue received by operators in Luxembourg has been very high in volatility over the past five-year period, with the average annual change in revenue (8.3 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Home Textile & Soft Furnishing Manufacturing industry in Luxembourg in 2024?

The market size of the Home Textile & Soft Furnishing Manufacturing industry in Luxembourg is €1.2m in 2024. 

How many businesses are there in the Home Textile & Soft Furnishing Manufacturing in Luxembourg industry in 2024?

There are 9 businesses in the Home Textile & Soft Furnishing Manufacturing industry in Luxembourg, which has declined at a CAGR of 0.9 % between 2019 and 2024.

Has the Home Textile & Soft Furnishing Manufacturing industry in Luxembourg grown or declined over the past 5 years?

The market size of the Home Textile & Soft Furnishing Manufacturing industry in Luxembourg has been declining at a CAGR of 0.9 % between 2019 and 2024. 

What is the forecast growth of the Home Textile & Soft Furnishing Manufacturing industry in Luxembourg over the next 5 years?

Over the next five years, the Home Textile & Soft Furnishing Manufacturing industry in Luxembourg is expected to decline.

What are the biggest companies in the Home Textile & Soft Furnishing Manufacturing market in Luxembourg?

The biggest companies operating in the Home Textile & Soft Furnishing Manufacturing market in Luxembourg are Inter IKEA Holding BV, Industria de Diseño Textil SA and Schmitz-Werke GmbH & Co KG

What does the Home Textile & Soft Furnishing Manufacturing in Luxembourg include?

Curtains and textile blinds and Furnishing articles and articles of bedding are part of the Home Textile & Soft Furnishing Manufacturing industry.

Which companies have the highest market share in the Home Textile & Soft Furnishing Manufacturing in Luxembourg?

The company holding the most market share in Luxembourg is Inter IKEA Holding BV.

How competitive is the Home Textile & Soft Furnishing Manufacturing industry in Luxembourg?

The level of competition is high and steady in the Home Textile & Soft Furnishing Manufacturing industry in Luxembourg.

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Table of Contents

About this industry

Industry definition

Manufacturers in this industry produce a wide range of household textiles, soft furnishings and canvas goods from various materials like cotton.

What's included in this industry?

Curtains and textile blindsFurnishing articles and articles of beddingCanvas goods

Industry Code

ISIC 2006

1392 - Manufacture of made-up textile articles, except apparel in Luxembourg

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Home Textile & Soft Furnishing Manufacturing in Luxembourg
  • Employees in the Home Textile & Soft Furnishing Manufacturing in Luxembourg
  • Business in the Home Textile & Soft Furnishing Manufacturing in Luxembourg
  • Profit in the Home Textile & Soft Furnishing Manufacturing in Luxembourg

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Manufacturing household textiles and soft furnishings is heavily regulated for sustainability and safety purposes. Uniform standards like Global Organic Textile Standard (GOTS) and Oeko-Tex Standard 100 are used to certify sustainable production and specific qualities like flame retardation and sound absorption are regulated using standards like DIN EN 11654.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Home Textile & Soft Furnishing Manufacturing in Luxembourg industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Input costs are increasing for manufacturers because of global inflation. Despite passing on a portion of these costs to wholesalers and retailers, they must also absorb some price increases to stay competitive amid solid international competition.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Home Textile & Soft Furnishing Manufacturing in Luxembourg industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.