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Core Insights - China is the world's largest exporter of household textiles, with a projected export value of $48.5 billion in 2024, representing a year-on-year growth of 5.6% [1] - The export value of bedding products is expected to reach $15.4 billion in 2024, with a growth rate of 6%, and cotton products accounting for 26% of this category [1] - The household textile industry is focusing on "optimizing supply and promoting consumption" to break away from traditional models and drive economic growth [1] Industry Overview - The household textile sector includes bedding, fabric products, kitchen and bathroom textiles, towels, carpets, and outdoor travel textiles [1] - The annual fiber consumption in the household textile industry is approximately 3.5 million tons, primarily using cotton fibers for bedding and towels [1] - High-quality, high-value cotton household textiles maintain strong international competitiveness in markets like the US and Europe, with significant growth potential in emerging markets along the Belt and Road Initiative [2] Cotton Industry Insights - The cotton planting area in China has reached 4.4823 million acres this year, with good growth conditions reported [2] - The establishment of a cotton standard and certification system is aimed at promoting sustainable and environmentally friendly practices within the cotton industry [2] - The cotton industry is encouraged to adopt new technologies and management practices to enhance production quality and efficiency, focusing on green and sustainable development [2]