Home Bedding Market is Expected to be Valued at USD 89.5 Billion in 2022, Increase in the R&D activities For Better Sleep Quality

According to Precision Business Insights (PBI), the latest report, the market value of the home bedding market is expected to be valued at USD 89.5 billion in 2022 and is expected to grow at a CAGR of 8.2% in 2022-2028. The primary factors that drive the market are increasing spending of customers on home furnishings and textiles and an increase in the housing sector.

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Home Bedding to Dominate the Home Bedding Market:
Based on product type, home linen holds the highest market share. The major factor for the rise of this segment is the increasing preferences of the customer for good quality bed linens in order to experience extra comfort, durability, and a healthier bed. The increasing demand for organic cotton bedding can drive the growth of the global home bedding market. Apart from this, manufacturers are trying to introduce bed linens that are softer than cotton and can absorb moisture which can also drive the growth of the market.

Asia Pacific Home Bedding Market:
The Asia Pacific leads the global Home Bedding market due to the rising middle-class population and increasing preferences of customers for good quality and premium bedding to match their interiors. The Asia Pacific leads the global market due to increasing household ownership and the growing demand for nuclear families has contributed to increasing the sales of home bedding in this region. Apart from this, the major factors that drive the market in this region are the growing construction of households and the increasing entrance of international manufacturers in certain countries such as India.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global home bedding market further reveals that the key players are implementing strategies such as the extension of product collection through research and development activities, product launches, acquisitions, mergers, and strategic alliances to improve their market position and strengthen the market revenue share. In January 2021, a mattress containing hemp seed cotton candy memory foam infused with oil was launched by Durfi. In October 2021, Brooklyn Bedding and Helix Sleep was acquired by Cerberus to provide a premium direct to customer mattress platform.

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The home bedding market is segmented based on, product type, material type, size type, distribution channel, and region.
Based on the product type, the market is segmented into the following:
• Bed Linen
• Mattress
• Pillows
• Blankets
• Others

Based on the material type, the market is segmented into the following:
• Poly Cotton
• Polyester
• Microfiber
• Linen
• Sateen
• Satin
• Flannel
• Denim

Based on the size type, the market is segmented into the following:
• Single
• Double
• Queen
• King

Based on the distribution channel type, the market is segmented into the following:
• Offline
• Online

Based on the region, the market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

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Key players' profiles in the home bedding market report are Acton & Acton Ltd., American Textile Company, Tempur Sealy International, Inc., Bombay Dyeing, Casper Sleep Inc., Beaumont & Brown, Pacific Coast Feather Company, Crane & Canopy Inc., Peacock Alley, Purple Innovation, Inc., The White Company, and Portico New York.

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This release was published on openPR.