Press release
Luxury Bedding market to Reach Valuation of US$ 2.02 billion in 2017 | Frette Inc., WestPoint Home LLC, Hollander Sleep Products LLC,
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.Most of the luxury bed items are of white and ivory color. Luxury mattresses and pillows are supposed to provide neck and back support during sleep, conforming to body and relieving pressure points. 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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Detailed Segmentation:
Global Luxury Bedding Market, By Product Type:
Comforters
Pillows
Coverlet
Duvet
Quilt
Mattress Pad and Protector
Others (Bed Skirt, Furs, and others)
Global Luxury Bedding Market, By Application:
Residential
Commercial
Among distribution channels, online channel segment exhibited significant growth in 2017, and it is expected to grow during the forecast period, owing to increasing e-commerce sector. 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.
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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. The company offers duvets, pillows, mattress toppers, and protectors. Furthermore, luxury bedding have high air permeability and heat conductivity properties, which makes it a breathable fabric and helps in keeping warm in winters and cool in summers.
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