Press release
Global Home Bedding Market is expected to reach a value of USD 147.95 Billion by 2028, at a CAGR of 7.90 % over the forecast period (2022 - 2028)
Increased income levels, and consumer living standards have risen, leading to the adoption of luxury lifestyles, which has boosted demand for home bedding. Furthermore, significant growth in the real estate business is driving the market for visually appealing home bedding, such as mattresses, carpets, and blankets. To promote healthy sleep, numerous companies are offering high-end home bedding that uses lightweight, chemical-free, and antimicrobial textiles like silk and cotton.The extensive product availability through both brick-and-mortar channels and e-commerce platforms is boosting the global market for home bedding. In the coming years, the introduction of eco-friendly bedding textiles, which are often made with organic vegetable dyes, will continue to enhance the demand for home bedding on a global scale. This will increase the Home bedding Market revenue throughout the forecast period.
The Covid-19 pandemic has wreaked havoc on practically every major industry, including the bedding industry. It's due to a nationwide curfew, a broken supply chain, and travel restrictions, among other things. The pandemic stranded everyone in their houses, disrupting daily routines, and forcing them to adjust to a new normal. If people continue to work from home and spend on high-quality, premium, and comfy bedding, bedding will witness a surge along the Covid-19 pandemic recovery path. People's budgets have been shifted toward home bedding purchases because of the work-from-home revolution sparked by pandemic-related lockdowns. Accessories such as adjustable bases and back-supporting pillows, in addition to mattresses, are expected to grow in popularity in 2022. As a result, there is an increase in the Home Bedding Market sales during the forecast period.
Get Detailed Information Here: https://skyquestt.com/report/home-bedding-market
Read market research report, " Global Home Bedding Market By Type Outlook (Mattress, Bed Linen, Pillows, Blankets), By Distribution Channel (Offline, Online), & By Region - Forecast and Analysis 2022-2028" by SkyQuest
In 2018, Asia Pacific accounted for approximately 35% of global market share. The large revenue share is due to a growing middle-class population, expanding household ownership, and customers' demand for premium quality bedding products to match their décor. Furthermore, market expansion is expected to be fueled by the growing trend of nuclear families. The increasing penetration of new and foreign manufacturers in numerous countries, including India, has resulted in a broad product range. Furthermore, North America is predicted to increase significantly from 2019 to 2025 as consumer awareness of appropriate bedding materials and healthy sleep grows. According to consumer figures, 80% of people choose cotton bedding, with only 3% preferring satin fabric.
To gain a larger part of the market, the major players are continually implementing innovation and expansion tactics. The market is defined by a small number of well-known firms. Launching new products, forming alliances, and engaging in R&D has been a fundamental commercial strategy. Acton & Acton Ltd, American Textile Company, and Beaumont & Brown Ltd are among the leading market players.
Premium bedding items, with their practical benefits, are helping the sector function better, implying a growth in demand for home bedding products. The importance of adequate sleep in maintaining a healthy mind and body has boosted the need for high-quality bedding. Soon, unorganized competitors in the home bedding market are projected to provide a substantial challenge. The considerable presence of chaotic enterprises in both emerging and developed countries is expected to be a major impediment to the expansion of the home bedding industry over the study period.
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Driving factors such as product innovation are expected to uplift the Global Home Bedding value whereas restraining factors such as increasing cost of raw materials are expected to slow down the Home Bedding growth over the estimated period. Asia-Pacific is predicted to develop significantly over the forecast period. Hence, developing regions are expected to contribute majorly to the global Home Bedding demand by the end of 2028.
The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.
What does this Report Deliver?
Market Estimation for 20+ Countries
Home Bedding Market demand by Region, Sub-Region, and Country
Customization on Segments, Regions, and Company Profiles
100+ tables, 150+ Figures
Global, Regional and Country specific Home Bedding Market Trends
Comprehensive Mapping of Home Bedding Industry Parameters
Attractive Investment Proposition in the Global Home Bedding Industry
Competitive Strategies Adopted by Home Bedding Market Key Players
Drivers, Restraints, Opportunities, Challenges, and the impact on the Home Bedding Market Size
Market growth rate till 2028
Regulatory scenario, regional dynamics, and home bedding market insights of leading countries in each region
In-depth Market insights by Region and Country
Market Segmentation Trend Analysis, Opportunities and Growth
Porter's five force analysis to know the market's condition
Pricing Analysis and Home Bedding Market Sales
Parent market analysis
Product portfolio benchmarking
Speak with our analyst for more information: https://skyquestt.com/speak-with-analyst/home-bedding-market
SkyQuest has segmented the Global Home Bedding Market based on Type outlook, Distribution channel and Region:
Global Home Bedding Market By Type outlook (Revenue, USD Billion, 2022 - 2028)
Mattress
Bed Linen
Pillows
Blankets
Global Home Bedding Market by Distribution Channel (Revenue, USD Billion, 2022 - 2028)
Offline
Online
Global Home Bedding Market By Region (Revenue, USD Million, 2022 - 2028)
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Latin America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
South Africa
Rest of MEA
Key Players in the Global Home Bedding Market
Acton & Acton Ltd. (UK)
American Textile Company (US)
Tempur Sealy International, Inc. (US)
Bombay Dyeing (India)
Casper Sleep Inc. (US)
Beaumont & Brown (UK)
Pacific Coast Feather Company (US)
Crane & Canopy Inc.(US)
Peacock Alley (US)
Purple Innovation, Inc. (US)
The White Company (UK)
Portico New York (US)
About Us:
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
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1 Apache Way, Westford, Massachusetts 01886
Phone:
USA (+1) 617-230-0741
Email: sales@skyquestt.com
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