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What is driving Demand for Bedding Protectors in 2021 and beyond?

05-17-2021 10:38 PM CET | Fashion, Lifestyle, Trends

Press release from: Fact.MR

Bedding Protectors Market

Bedding Protectors Market

The global bedding protectors market is anticipated to reach a valuation of over US$ 3 billion in 2030, with the growth rate pegged at over 6%. This market is, at present, in the growth stage of the product lifecycle in multiple regions such as South Asia and East Asia.

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With the high growth of hospitality businesses in these regions, the demand for bedding protectors is also surging year after year.

Presently, due to the COVID-19 outbreak, the bedding protectors market is witnessing some setbacks. The pandemic has been detrimental with the shutting down of manufacturing units and decrease in new purchases from existing customers.

The hospitality industry has been adversely affected by the pandemic, leading to decreased demand for bedding protectors. The global bedding protectors market is expected to show better growth post lockdowns. Consumers are expected to purchase bedding protectors to replace their old ones, and demand from hotel chains will also pick up pace in the near future.

Key Takeaways from Bedding Protectors Market Study

Europe accounts for more than 30% of the global bedding protectors market value share. This region has high demand for bedding protectors from the hospitality and healthcare sectors.

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In the feature segment, the cooling sub-segment garners the maximum revenue with a market share of over 25%.

Cooling mattress protectors absorb heat when hot and discard the same when the temperature is too cold. This feature leads to the high share of this sub-segment.

Substantially low trade and export of raw materials such as cotton has affected the penetration of manufacturers during the COVID-19 pandemic.

While players have been increasing their presence in foreign regions, the focus of manufacturers has been on established markets for bedding protectors.

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The Bedding Protectors market report provides the readers with the below-mentioned insights:
• Key trends, including ecological conservation, patented solutions, and globalization.
• Consumption pattern of each segment of the market in every region.
• Detailed study of the factors (positive and negative) impacting the growth of the global Endobronchial Valves market.
• Critical analysis of R&D activities performed by market players to expand their production footprint across various industries.
• Thorough research of effect of the market across various end use industries.

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The Bedding Protectors market report gets rid of the following queries:
1. Which end use has the highest rate of consumption and why?
2. Which regions are the market players targeting to gain a competitive edge?
3. What is the growth forecast of the global market in region?
4. What is the Y-o-Y growth rate of the global market?
5. Which segment will have the maximum share of the global market by the end of year?
And so on…..

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Content Source: https://www.factmr.com/media-release/1625/global-bedding-protectors-market

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