The global home bedding market size is expected to reach USD
86.11 billion by 2025, according to a new report by Grand View Research, Inc.
It is anticipated to register a CAGR of 5.1% during the forecast period. With
the increasing availability of premium products with numerous functional
benefits, the market is gaining an increasing traction among consumers. Growing
spending on products that provide relaxed and rejuvenated sleeping experience
is projected to further drive the market.
Bedding manufacturers focus on the functional
benefits of bedsheets made from plant-based materials such as organic cotton,
bamboo, and tencel, to offer bedding products with better breathability and
moisture absorption as compared to conventional cotton. Companies also offer
woolen comforters and duvets instead of down as they have greater temperature
regulation, moisture control, and reduce risk of dust mites.
Increasing cases of back problems caused by
uncomfortable sleeping surfaces is the key factor driving growth of the
innerspring mattress segment. In emerging economies like India, Brazil, and
China, the increasing number of affluent consumers is boosting demand for
premium mattress with innerspring technology. Latex foam is either produced
using the Talalay process or the Dunlop process. Dunlop is firmer and denser
foam while Talalay is softer and lighter as it has more air pockets between its
particles. All new companies such as Kurl-On and Sleepwell manufacture latex
foam mattresses in various sizes such as king, queen, and twin among others.
Bed linen accounted for the highest market
share of about 33% in 2018, is primarily due to the increasing consumer
preference for quality over brands. This has encouraged the manufacturers to
offer new and improved quality products with appealing designs. Due to increasing
preference for superior quality products, companies are focusing on introducing
plant based bed linen that claim to be softer than cotton and provide
breathability and moisture control. For instance, Sheets & Giggles, an
eco-friendly brand launched in 2018 introduced lyocell bed sheets made from
eucalyptus trees that use up to 95% less water than ordinary cotton linen.
Offline distribution channel was estimated to
have a revenue share of about 74% in 2018. The physical display of products and
ability to check the product in person, drives the popularity of offline
distribution. For instance, consumers in U.S. so far have been preferring
offline purchases with 65% preferring mass merchants, followed by 40% from
retails, and 29% from departments and 28% from specialty stores.
Asia Pacific was estimated to have the largest
market share of more than 35% in 2018 owing to factors such as expanding retail
networks, growing affluent middle class population, and growing preference for
superior quality and luxurious bedding products to compliment the interiors,
and growing household ownerships, especially among the millennials.
For full research report on Home
Bedding Market visit here: https://www.grandviewresearch.com/industry-analysis/home-bedding-market
Further key
findings from the report suggest:
- Asia Pacific is estimated to register the
fastest CAGR of 5.5% during the frorecast period and account for a share
of more than 35% by 2025. This growth is driven majorly by the high demand
and rise in product launches in India and China
- Bed linen type segment is expected to register
the fastest CAGR of 5.5% over the forecast period, thereby accounting for
a share of about 35% by 2025
- Offline distribution accounted for the largest
market share of about 74% in 2018 due to the presence of wide network of
physical stores
- Some of the key players operating in the
global home bedding market include Acton & Acton Ltd.; American
Textile Company; Beaumont & Brown Ltd.; Boll & Branch LLC;
WestPoint; Pacific Coast Feather Company; Hollander; Sferra; Frette;
D’décor; Bombay Dyeing; Portico Inc.; Crane & Canopy and others
Get request sample of this report here:
https://www.grandviewresearch.com/industry-analysis/home-bedding-market/request/rs1
Grand
View Research has segmented the global home bedding market on the basis of
type, distribution channel, and region:
Home Bedding
Type Outlook (Revenue, USD Million, 2015 - 2025)
- Mattresses
- Bed Linens
- Pillows
- Blankets
- Others
Home Bedding
Distribution Channel Outlook (Revenue, USD Million, 2015 - 2025)
- Offline
- Online
Home Bedding
Regional Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- U.K.
- Germany
- Asia Pacific
- China
- India
- Central & South
America
- Brazil
- Middle East &
Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
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