Home Bedding Market Outlook Size Trends, Growth, Report by Forecast 2030
Market Overview:
In addition, the global home bedding market is expected to rise at a CAGR
of 5%, with a value of USD 111821.06 Million over the estimated forecasting year of
2022-2030.
Home beddings are washable materials laid above the bed for comfort,
aesthetics, warmth, and hygiene purposes. These materials generally include
blankets, linens, mattresses, pillows, cushions, rugs, sheets, duvets, quilts,
and comforters. They improve sleep, provide comfort and support to the neck and
back, relieve pressure points, and conform to the body. Presently, there is a
significant rise in the demand for home beddings on account of inflating
disposable incomes and the easy product availability in different colors,
prints, and sizes to cater to the needs of individuals.
The increasing consumer expenditure on home furnishing and the
development of the real estate sector is among the leading factors influencing
the demand for home bedding across the globe. Moreover, several manufacturers
are developing home bedding using lightweight, chemical-free, and
anti-microbial materials like cotton and silk to induce deep slumber. They are
also launching innovative festive cushions, duvets, and pillow sets through
e-commerce channels. This, in confluence with the easy availability of
customized mattresses and bed linens at affordable rates, is propelling the Home Bedding Market Share growth.
Furthermore, due to increasing environmental concerns, there is a rise in the
demand for home beddings made of organic vegetable dyes. Additionally, the
increasing number of nuclear households, the growing trend of minimalist
bedrooms, and the rising adoption of adjustable beds are other factors
fostering market growth in the coming years.
Regional
Analysis:
Asia-Pacific Home Bedding Market represents the fastest-growing market worldwide. The key factors driving
growth in the region include stable economic growth of developing Asian
economies, rising number of nuclear households, expanding retail networks and
easy access to a range of products, growing base of the affluent middle-class
population, and increased demand for designer and luxury bed and bath linen
lower labor costs in countries, such as China and India, have over the years
led to the increase in global exports from Asia-Pacific. China especially leads
global bed linen exports of late, and countries such as Pakistan, Vietnam, and
Bangladesh, have emerged as export competitors to China and India.
Bed linen covers home textiles products, such as bed covering, bed
throws, blankets, cushion covers, cushions, duvets, duvet covers, mattresses,
mattress cover, pillows, etc. It is the largest segment in the home textiles
market. This segment is the fastest growing with a significant growth rate.
Growth in the hospitality industry and increased spending in emerging economies
are some of the major factors responsible for growth in the segment in recent
times, and the trend is expected to continue in the near future.
Market
Segmentation:
According to the latest market analysis report, the home bedding market
has been segmented into three sections distribution channel, result type, and
regional analysis. With the distributional channel, the market has been divided
into store-based and non-store-based. With the result type, the global market
is divided into five sections: pads, beddings, covers, bed cloths, and others.
According to the regional basis, the market is further classified into five
sections: Asia-Pacific, Europe, South America, North America, and Middle East
& Africa.
Industrial
News:
In terms of Home Bedding Market Share, few major players currently
dominate the market. However, demand is driven by consumer income. Large
companies compete through volume purchasing, breadth of products, and effective
merchandising and marketing. Small companies focus on a market segment and
compete through the depth of products and superior customer service.
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