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Luxury Bedding Anticipated to Gain USD AA Bn by 2029: Cognitive Market Research
Luxury Bedding Anticipated to Gain USD AA Bn by 2029: Cognitive Market Research
Read Full Report with Table of Contents:
@https://www.cognitivemarketresearch.com/luxury-bedding-market-report
Luxury bedding is designed to offer to provide a look and feel that are significantly superior to lower-quality beds. These are soft, cool, and comfortable as well as durable and long-lasting. Rising disposable income and increasing improvements in lifestyle worldwide are expected to drive the growth of the luxury bedding market. Additionally, new product launches and the rise of luxury bedding start-ups support the growth of the market.
Furthermore, rising awareness among consumers regarding the importance of getting a good night's sleep has a direct impact on a person's overall well-being and is boosting market growth for luxury bedding. Besides this, increasing innovation in technology and the rise of the eCommerce industry are anticipated to accelerate market growth.
Regional Analysis of the Luxury Bedding Market:
• North America held a significant market share in the year 2021 and is projected to grow during the forecast period of analysis. This is attributed to the changing lifestyle, increasing awareness among consumers of the value of sleep for overall well-being, and the growing importance of brand loyalty are some of the key factors driving the bedding market demand in this region.
Top players involved in the Luxury Bedding market are
• Frette
• WestPoint Home
• Hollander Sleep & Décor
• Crane & Canopy
• Peacock Alley
• Sampedro LDA
• ANICHINI
• DOWNLITE
• Serena & Lily Inc.
• Mattress Firm, Inc.
• Peacock Alley
• FABTEX
• BEDLAM
• Parachute Home
• The White Company
• John Cotton Group Ltd
• Eastern Accents
• DownTown
• Others
Current Trends of Manufacturers:
• E.S. Kluft & Company introduced new ultra-premium collections under its Aireloom and Kluft brands at the 2023 Winter Las Vegas Market.
In January 2023, E.S. Kluft & Company introduced new ultra-premium collections under its Aireloom and Kluft brands. As luxury bedding sales are going up and outperforming the lower-priced models these new product additions allow the company to strengthen its position as a leader in the premium market.
• Boll & Branch partnered with Bloomingdale to Introduce a New, Sustainable Luxury Bedding Collection
In November 2022, Boll & Branch and Bloomingdale's have formed a strategic alliance to introduce a 100% organic bedding collection. This features sheet sets, duvet sets, bed blankets, quilt sets, alpaca throws, and decorative pillows.
• Market is boosted with the reintroduction of the luxury Irish linen brand to the U.S. market by the WestPoint Home.
In September 2022, WestPoint Home has drawn from its UK subsidiary, Vision Linens, to bring 2 brands across the pond, one from Ireland and one from England: Liddell and Lazy Linens.
Segment Analysis:
By Type:
• Bed Linen
• Comforters
• Pillows
• Blankets and Quilts
• Mattress Pad and Protector
• Others
Bed Linen segments hold a major share owing to growing awareness about comfortable, durable, and healthier beds with superior quality and sustainability are key factors supporting the growth of the Bed Linen segment.
By Materials
• Percale
• Linen
• Cotton
• Silk
• Sateen
• Wool
• Rayon
• Polyester
• Organic Material
• Others
By Size
• Twin
• Twin XL
• Full or Double Size
• Queen
• King
By Application
• Residential
• Commercial
By Application, the residential segment holds the major share owing to the increasing purchasing power of customers, increasing preference towards luxurious products, and rising awareness regarding the importance of good sleep is anticipated to boost the residential segment.
By Distribution Channel
• Online
• Offline
Online Distribution Channel held the largest market share in the year 2021 and is expected to remain dominant during the forecast period owing to the growing e-commerce sector as companies are focusing on selling their product online, eliminating the middlemen and prices accordingly.
Related Report:
• Global Home Bedding Market - https://www.cognitivemarketresearch.com/home-bedding-market-report
• Global Bed Linen Market - https://www.cognitivemarketresearch.com/bed-linen-market-report
• Global Luxury Home Textile Market - https://www.cognitivemarketresearch.com/luxury-home-textile-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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