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Luxury Bedding Market Growth by Top Key Players - Frette Inc., WestPoint Home LLC, Hollander Sleep Products LLC, Crane & Canopy Inc., Sampedro LDA, Anichini Inc., Sleepy's, LLC, Peacock Alley Inc., Fabtex, Inc., Luolai Lifestyle Technology Co.

03-23-2019 06:11 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: coherenet market insights

Luxury Bedding

Luxury Bedding

Luxury bedding is used for decorative purpose for aesthetic beauty and for comfort. Luxury bedding are made of natural materials such as silk and cotton, which are anti-microbial and are free of chemicals. Colored luxury bedding have soft hues made of organic vegetable dyes. Most of the luxury bedding are produced in Europe, where the use of chemical ingredients is restricted.

Luxury sheets and bedding also induce deep slumber as they are less abrasive to touch and softer due to better weaving, ample threads, and rawness of materials.

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The global luxury bedding market was valued at US$ 2.02 billion in 2017, and is expected to expand at a CAGR of 2.6 % in terms of revenue, during 2018– 2025. Luxury bedding offers benefits such as peace of mind and aids in deep sleep, which is expected to be major factor for increasing demand among consumers, which in turn drives growth of the global luxury beddings market.

Luxury bedding products are available in the market with different varieties, colors, and patterns. Discounts offered by online channels helps in retaining consumers, which could increase growth of the market. E-commerce allows mattress and textile startups to purchase products directly from manufacturers and sell directly to consumers, which reduces transportation charges and allows for a significant reduction in the price of luxury goods.

Europe accounted for the largest revenue share of 33% in the global luxury bedding market in 2017, and is expected to maintain its dominance over the forecast period. The main factor attributed for growth of Europe in luxury bedding market is due to high presence of key players and new strategies employed by them for business expansion. For instance, in 2017, Eden council company acquired luxury bedding company which has been supplying bedding products to high end hotels in Europe.

Asia Pacific is expected to account for significant market share in the global luxury bedding market, in terms of revenue over the forecast period. Launches of new brands by key players and increasing number of start-ups of luxury bedding in the region is expected to drive growth in the market.

Major Players in the Global Luxury Bedding Market

Some of the key players operating in the global luxury bedding market include Frette Inc., WestPoint Home LLC, Hollander Sleep Products LLC, Crane & Canopy Inc., Sampedro LDA, Anichini Inc., Sleepy's, LLC, Peacock Alley Inc., Fabtex, Inc., Luolai Lifestyle Technology Co., Ltd, John Cotton Group Ltd, Anderson Avenue, Eastern Accents, and DownTown Company.

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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