Home Bedding Market Share Trends and Industry Set for Rapid Growth with Great CAGR by Forecast 2030


 

Market Overview

As per the assessment by Market Research Future (MRFR), the global market for home bedding is anticipated to procure a market value of USD 111821.06 Million while expanding at a CAGR of 5% by 2030.

Market Dynamics

The growing demand for luxury bedding items is expected to exert a significant influence on the global market throughout the forecast period. Increased spending on bedding products is expected to boost the industry in the near future. The growing popularity of e-commerce is likely to contribute to an increase in demand for bedding, propelling the market forward in the next period. Additionally, the rising prevalence of back disorders among the growing population is expected to fuel the demand for a product capable of significantly growing the market during the assessment timeframe.

Increased innovation in fabrics such as Egyptian cotton and silk is expected to create a sizable potential that will drive the global market throughout the assessment period. Additionally, the increasing frequency with which products are replaced is projected to increase demand for beddings, benefiting the market.

Throughout the forecast period, the home bedding market is expected to be constrained by the high cost of logistics. The large concentration of unorganised companies in emerging and developed economies is expected to provide a significant hurdle, impeding market expansion over the study period.

Segmental Analysis

The Global Home Bedding Market Share is segmented based on Distribution Channel and Product Type.

The global market for home bedding is segmented by distribution channel into store-based and non-store-based categories. Between the two segments, it is anticipated that the store-based sector will lead the market over the projection period.

The global market for home bedding is segmented by product into pillows, mattresses, blankets, and bed linen, among others. The mattress sector, in particular, is expected to dominate the market over the projection period.

Regional Overview

North America is predicted to continue dominating the global market throughout the forecast period, owing to growing awareness about the need of proper bedding. The regional market is also expected to expand as demand for premium bedding increases. Additionally, the growing preference for modern interior design is likely to strengthen the market throughout the projection period. Additionally, the existence of famous companies in the region is projected to contribute significantly to the regional market's development

The APAC market is expected to grow at the fastest rate of 5.92 percent during the research period. The regional market is predicted to grow significantly in the next years as a result of increased urbanization and rising purchasing power. The increased preference for modern interiors is expected to have a significant impact during the assessment period. Growing awareness of back problems is expected to play a vital role in propelling the regional market forward in the future years. Additionally, the increasing penetration of new players in developing nations is expected to boost bedding demand, benefiting the regional market throughout the projection period.

Europe's Home Bedding Market Trends are expected to expand significantly over the forecast period, owing to rising demand for premium bedding. Additionally, the availability of potential consumers and their increasing investment are projected to considerably drive the regional market.

Due to the existence of underdeveloped and economically unstable nations, the Middle East & Africa area is expected to exhibit a consistent increase over the evaluation period. The regional market is expected to grow stronger as a result of Middle Eastern countries' participation. The region is predicted to feature a plethora of unexplored market potential, which could result in a regional market growth acceleration over the assessment period.

Competitive Dynamics

The notable players of the market are Kingsdown, Inc. (US), Serta Simmons Bedding, LLC (US), Sleep Number Corporation (US), Crane and Canopy (US), Boll & Branch LLC (US), Portico, Inc. (India), Acton & Acton (UK), Hollander Sleep Products (US), Westpoint Home LLC (US), and Casper Sleep (US).

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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