Press release
Smart Pillow Market Poised to Hit $3.02 Billion by 2029 with Accelerating Growth Trends
Smart Pillow
How Large Will the Smart Pillow Market Size By 2025?
Over the past few years, the market size of smart pillows has exhibited extraordinary growth. This market is set to further expand from $1.08 billion in 2024 to $1.35 billion in 2025, with a compound annual growth rate (CAGR) of 25.0%. Factors such as an increased demand for improved sleep quality, a greater emphasis on health and wellness, urbanization, stress-management needs, market incursion in premium income brackets, and heightened consumer knowledge and consciousness have fueled the growth seen in the historic period.
How Big Is the Smart Pillow Market Size Expected to Grow by 2029?
The industry size of the smart pillow market is anticipated to experience a massive surge over the next couple of years, with a projected valuation reaching $3.02 billion in 2029, boasting a compound annual growth rate (CAGR) of 22.3%. Several factors feeding this estimated growth during the forecast period include the rising aging population and prevalence of sleep disorders, the home office and remote work patterns, the advent of subscription and service-based models, integration with smart home systems, focus on environmental sustainability, healthcare collaborations and telemedicine, and adherence to regulatory requirements and standards. Some of the significant trends to emerge during the forecast period will likely include embedding sleep tracking and monitoring technologies, the rising popularity of adjustable firmness and support capabilities, the inclusion of built-in speakers and wireless connectivity, the outreach of temperature regulation functionalities, the progress of AI-assisted sleep coaching, and further integration with smart home ecosystems.
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Which Key Market Drivers Powering Smart Pillow Market Expansion and Growth?
Expectations suggest that the surge in sleep-related issues will boost the smart pillow market. Sleep-related issues encapsulate a variety of challenges and disorders that impede an individual's capacity to obtain sufficient and restful sleep. Contemporary lifestyles frequently include inconsistent sleep patterns, extensive work hours, and amplified screen exposure, all of which can interfere with natural sleep-wake cycles and result in sleep issues. Smart pillows, offering features like sleep cycle tracking, customised suggestions, firmness or temperature adjustments, and promoting sound sleep, are marketed as solutions. For instance, NHS England, a publicly funded healthcare system in the UK, recorded in November 2022 that 64.0% of 17-23 year olds confronted sleep issues three or more times within seven preceding nights, nearly double the rate among 7-16 year olds. The rate is higher in young women (76.7%) than young men (52.3%). Hence, the escalation in sleep-related issues is a significant factor fuelling the expansion of the smart pillow market.
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Which Fast-Growing Trends Are Poised to Disrupt the Smart Pillow Market?
Prominent firms in the smart pillow market are leveraging AI technology to create innovative sleep aids, offering useful data about users' sleep quality, and these pillows require charging. For example, in September 2022, multinational electronics company Xiaomi, based in China, launched its AI integrated Xiaomi Smart Pillow designed to thoroughly monitor fitness and health statistics while sleeping. This intelligent pillow uses a piezoelectric sensor to accurately track heart rate, snoring, body motion, and respiration, thereby ensuring comfort and support for the user.
What Are the Emerging Segments in the Smart Pillow Market?
The smart pillowmarket covered in this report is segmented -
1) By Product Type: Anti-Snoring, Multifunctional, Other Products
2) By Material: Latex Pillow, Foam Pillow, Down And Feather Pillow, Wool Or Cotton Pillow, Polyester Pillow, Other Material
3) By Distribution Channel: Online Distribution Channel, Offline Distribution Channel
4) By Application: Residential, Hotel, Hospital
Subsegments:
1) By Anti-Snoring: Pillows With Built-In Sensors, Adjustable Height Anti-Snoring Pillows
2) By Multifunctional: Smart Sleep Tracking Pillows, Pillows With Sleep Sound Features
3) By Other Products: Cooling Memory Foam Pillows, Aromatherapy Pillows
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Who Are the Global Leaders in the Smart Pillow Market?
Major companies operating in the smart pillow market are Tactile Medical Inc., DOWNLITE, MAETEL GmbH & Co. KG, Nanit, Messe Frankfurt GmbH, ADVANSA Marketing GmbH, MyPillow Inc., Sleepace, Mediflow USA, Eight Sleep, Down & Feather Company, Inc., Smart Nora, SleepSmart, REM-Fit, GioClavis Co. Ltd., MOONA, Advanced Sleep Technology Inc., iSense AG, Dreampad, Tempur-Pedic Inc., Sunrise Smart Pillow, Peter Kohl Nachfolger GmbH & Co. KG, ROHDEX Bettfedern GmbH & Co. KG, Karl Sluka GmbH & Co. KG
Which are the Top Profitable Regional Markets for the Smart Pillow Industry?
North America was the largest region in the smart pillow market in 2024. The regions covered in the smart pillow market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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