Top players profiled in the Travel Pillow Market report are Cabeau.com,SleepMax.in,US Jaclean Inc.,Tempur Sealey International Inc.,HiGear Design Inc.,SleepInnovations.com,Samsonite International SA,Comfy Commuter,Core Products International Inc.,and more

The global Travel Pillow Market report contains market revenue, market share, and production of the service providers is also mentioned with accurate data. Moreover, the global Travel Pillow Market report majorly focuses on the current developments, new possibilities, advancements, as well as dormant traps. Furthermore, the market report offers a complete analysis of the current situation and the advancement possibilities of the market across the globe. Travel Pillow Market size is forecasted to reach the Highest Revenue by 2027.

The global Travel Pillow Market is estimated to gain traction from the increasing investments by renowned companies, Cabeau.com, SleepMax.in, US Jaclean Inc., Tempur Sealey International Inc., HiGear Design Inc.,SleepInnovations.com, Samsonite International SA, Comfy Commuter, Core Products International Inc., in the development of state-of-the-art products. The Travel Pillow Market size is expected to reach highest USD market value till 2027. Fortune Business Insights mentioned this information in a new report, titled “Travel Pillow Market Size, Share & Industry Analysis, By Product Type (Multipurpose Travel Pillow, Head Support Pillow, Neck Support Pillow and Others), By Material (Cotton, Polyester, Wool & Hemp, Silk and Others), By Distribution Channel (Hypermarkets & Supermarkets, Specialty Stores, Online Stores, Others) And Regional Forecast 2020-2027,” Furthermore, the market is anticipated to exhibit the highest CAGR during the forecast period 2020 to 2027

This report analyses substantial key components such as production, capacity, revenue, price, gross margin, sales revenue, sales volume, growth rate, consumption, import, export, technological developments, supply, and future growth strategies.

COVID-19 Pandemic to Constitute a Call to Action for the Travel Pillow Market

The emergence of the COVID-19 pandemic is compelling the key players to rethink their portfolio priorities & to raise their exposure to the growing channels. It will necessitate greater use of mergers and acquisitions, as well as dynamic resource allocation for enhancing their portfolios. The regulatory bodies of several developed and developing nations have implemented stringent lockdown and social distancing measures to prevent transmission of the coronavirus. Therefore, most of the restaurants are on the verge of shutting down permanently.

The grocery volumes surged with pantry loading in the initial phase. Through this period, start-up companies struggled to pivot, while large companies concentrated on top lines and mobilized their supply chains. At present, several consumers are generating a shock to loyalty by changing their primary grocery store. This has opened the door to multiple opportunities for prominent companies to reassert the benefits of scale in the supply chain and to get closer to the consumers. However, this pandemic is persistently boosting consumer demand for reliance and value on digital.

Get Sample PDF Brochure with Impact of COVID19: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/travel-pillow-market-104437

Some of the Key Players of the Travel Pillow Market include:

• Cabeau.com
• SleepMax.in
• US Jaclean Inc.
• Tempur Sealey International Inc.
• HiGear Design Inc.
• SleepInnovations.com
• Samsonite International SA
• Comfy Commuter
• Core Products International Inc.
• Cushions Xpress
• Xen Pillow Manufacturing Corporation.
• Lewis N. Clark
• Tempur Sealy International SA
• others.

Few of the most significant trends present in this market are:

• Shifting Demographics
• Altering Tax Regimes
• Concerns Regarding Health & Wellness
• Concentration & Modernization of Trade
• Rising Number of Digital Consumers
• Shift of Consumers towards Organic Products

Market Drivers and Restraints:-

The rising need for comfortable and luxurious mobility vehicles is projected to drive market growth.

Technology is considered to be a vital factor for the growth of the consumer goods industry. The proportion of sales through e-commerce platforms may reach a tipping point in the forthcoming years. Manufacturers are striving to shift their large consumer bases towards online platforms, thereby enabling them to customize products and conduct transactions on branded websites. Some of the others are making strategic choices on whether to follow suit. P&G, for instance, is running its own commercial website. The demographic changes, on the other hand, would enable manufacturers to discover unique ways for meeting the surging needs of geriatric population. Unilever, for instance, introduced its latest range of hair-care products, skin-care products, and deodorants called Pro-Age. The company’s target audience is female consumers belonging to the age group of 54 and 63 years.

Uncertain environmental condition is anticipated to restrain market growth

As per the report, North America is expected to remain in the leading position in the global Travel Pillow Market in the coming years. Besides, the report delivers elaborate profiles of the most reputed manufacturers operating in the Travel Pillow Market .

REGIONAL INSIGHTS:

By geography, the market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Asia Pacific region is projected to hold the largest share of the market owing to the presence of a wide number of transportation facilities along with the busiest passenger routes in countries such as Hongkong, Singapore, India, and China which give rise to the consumption of the pillows by travelers. According to the Government of Hong Kong, as of December 2018, about 12.9 million passengers travel per day by a public transport system including railways, buses, trams, buses, and taxis. Moreover, a wide distribution network of the bedding accessory related players such as Tempur Sealy International Inc., Samsonite International SA. and others, including with their associated material suppliers, and wholesalers in the region results in the large revenue generation from the travel pillows in the region.

North America region is expected to hold a considerable share of the market owing to the large import activities for the mattress and bedding accessory products in countries such as the United States and Canada. According to the U.S. International Trade Commission, during 2017, the United States was the major export destination for the mattress, and bedding accessory products for China with 33.6% out of the total export quantity term of these products from China were exported to the United States. Moreover, larger humanization of pets in the region is further driving the demand for pet travel pillows. According to the report ‘Pet Humanisation: What is it and does it influence the purchasing behavior’, published by the Journal of Dairy & Veterinary Sciences, as of March 2018, about 73 million households in the U.S. have one or more pets.

The European region is expected to grow at a faster rate for the market owing to the growing investments in the transport infrastructural facilities in countries such as Spain, Germany, France, and West Europe which is likely to drive the consumption of the travel pillows. According to the Invest In Spain Organisation, FDI for the transport and logistics sector in Spain increased to 17,681 million in 2018 from 3,662 million in 2017. Additionally, increasing travel & tourism industry coupled with growing neck and back problems among the population in the region is driving the demand for the neck support travel pillows. According to the Health & Safety Executive, as of 2017-18, nearly 197,000 the number of population in the U.K. was reported to be suffering from work-related upper limbs & neck problems.

Segmentation of Travel Pillow Market :-

By Product Type
• Multipurpose Travel Pillow
• Head Support Pillow
• Neck Support Pillow and Others
By Material
• Cotton
• Polyester
• Wool & Hemp
• Silk and Others
By Distribution Channel
• Hypermarkets & Supermarkets
• Specialty Stores
• Online Stores
• Others
By Geography
• North America (U.S., Canada, and Mexico)
• Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)
• Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
• South America (Brazil, Argentina, and Rest of South America)
• Middle East & Africa (South Africa, UAE, and Rest of ME&A)

Inquire Before Buying This Research Report: https://www.fortunebusinessinsights.com/enquiry/queries/travel-pillow-market-104437



Key Questions Answered:
Why Choose Fortune Business Insights?
What are the key demands and trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?
What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the market growth?

Research Methodology

The report provides in-depth information of consumer goods and their demand by evaluating the consumer buying behavior. It further offers an analytical depiction of the market, along with the most recent trends. Additionally, it consists of future estimations to depict prominent investment pockets. Our team of highly skilled analysts has used the Porter’s five forces analysis to illustrate the potency of the suppliers and buyers in the market. It has also utilized secondary resources, such as journals, press releases, and other similar documents to provide an elaborate analysis of the market. The overall market opportunity is determined by understanding the profitable trends in order to gain a robust foothold. Lastly, it presents data associated with challenges, dynamics, drivers, and hindrances of the market.

Consumer goods are intended for everyday consumption. They cover several product portfolios, such as non-food and food categories in order to fulfil the unmet needs. The industry is flourishing rapidly owing to the rising demand for fast-moving consumer goods (FMCGs), such as cosmetics, over-the-counter drugs, processed food and beverages, footwear, household cleaning products, toiletries, and pet-care products. Consumer durable goods, on the other hand, require few repeat purchases as they have longer lifespans. Such goods include leisure equipment, kitchen appliances, and electronic goods. For progress and survival, the market is dependent on advertising through various media, as well as retail outlets, namely, online platforms, malls, discount stores, and franchise stores.

It further answers the following questions:

• What is overall industry outlook and upcoming trends that will influence the market growth?
• Which other factors are driving and restraining the market?
• How has the market been segmented?
• How are changes in regional dynamics impacting the growth of the market?
• Who are the top companies in the market and what are their key strategies?

Browse Complete Summary of research: https://www.fortunebusinessinsights.com/travel-pillow-market-104437

Travel Pillow Market Report Focus on:

• Extensive product offerings
• Customer research services
• Robust research methodology
• Comprehensive reports
• Latest technological developments
• Value chain analysis
• Potential Market opportunities
• Growth dynamics
• Quality assurance
• Post-sales support
• Regular report updates

Reasons to Purchase this Report:

• Comprehensive analysis of the market growth drivers, obstacles, opportunities, and other related challenges.
• Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
• Identifies market restraints and boosters.
• Identifies all the possible segments present in the market to aid organizations in strategic business planning.

KEY INSIGHTS

• New Advancements in Production Technologies
• Key Trends in the Synthetic Pyrethroids Market
• New Product Launches, Expansions, Key Players
• Ranking of Key Players in the Market

KEY INDUSTRY DEVELOPMENTS:-

• Jan 2020-Tempur Sealy International SA, acquired Sherwood Bedding, a leading manufacturer of bedding products in the US market, which helped the company to take the advantage of Sherwood’s efficient distribution network, iconic brand image, and supply chain.
• July 2019-Airbus India developed a multipurpose and highly comfortable nap-Easy travel pillow to provide a relaxing solution to the long hour economic class air passengers.

Have a Look at Related Press Release:

Low-E Construction Glass Market Research Report Global Industry Analysis, Business Development, Size, Share, Trends, Future Growth, Forecast To 2027|Fortune Business Insights™

Nanocrystal Market 2020 Size Industry, Global Industry Demand, Share, Top Players, Future Growth by 2027| Fortune Business Insights™

Nanoporous Market Size 2020 | Top Leading Companies with Growth Analysis, Share, Revenue, Prominent Players, Developing Technologies, Tendencies, Risks Factors Analysis| Fortune Business Insights™

Nickel Foam Market Size, Worldwide Impact of COVID-19 on Industry, share 2021 Global Industry Trends, Growth Drivers, Demands, Business Opportunities and Demand Forecast to 2027

Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/travel-pillow-market-104437

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

308, Supreme Headquarters,

Survey No. 36, Baner,

Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

Phone:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email: sales@fortunebusinessinsights.com

Fortune Business Insights™

LinkedIn | Twitter | Blogs

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

This release was published on openPR.