New York, US, April 03, 2023 (GLOBE NEWSWIRE) -- Home Bedding Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), Home Bedding Market Information by Product Type, Distribution Channel, and Region - Forecast till 2030”, Home Bedding Market could thrive at a rate of 5.00% between 2023 and 2030. The market size will reach around USD 111.82 Billion by the end of the year 2030.
Market Synopsis
Home bedding is a flat or fitted bed sheet that covers the mattress and is usually included with a bedding set. Home bedding" in order to give a house's inhabitants with both aesthetic appeal and comfort. Home bedding to provide comfort, beauty, warmth, and hygiene. Home beddings are materials that may be washed and hung over the bed. Bed linen and bedclothes are other names for home textiles. The main factors boosting market are the real estate industry’s expansion and consumers' preference for branded home bedding are the main factors boosting market expansion.
Businesses need help to break into new markets because of consumers' erratic hygiene product spending. Overusing these products also stifles the market because it causes health problems for consumers, such as headaches and skin irritation.
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Report Scope:
| Report Attribute | Details |
| Market Size in 2030 | USD 111.82 Billion |
| CAGR | 5.00% |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2021 |
| Forecast Units | Value (USD billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | by Product Type, Distribution Channel, and Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Market Drivers | Growth Of the Real Estate Industry |
| rising interest for premium sheet material items |
Market Competitive Landscape:
The affluent companies in the Home Bedding industry include
- Kings down Inc. (U.S.)
- Serta Simmons Bedding LLC (U.S.)
- Sleep Number Corporation (U.S.)
- Crane and Canopy (U.S.)
- Boll and Branch LLC (U.S.)
- Portico Inc. (India)
- Acton and Acton (U.K.)
- Hollander Sleep Products (U.S.)
- West Point Home LLC (U.S.)
- Casper Sleep (U.S.)
December 2021
A US-based manufacturer of sheets, Delilah Home, has distributed its first line of hemp bedding. The assembling is completed at a family-run manufacturing facility in Portugal. The hemp fibers are relaxed to a material line surface by a non-harmful contact that turns them into sheets.
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Market USP Covered:
Market Drivers:
The home bedding market is expanding, suggesting that people are spending more on furniture. Expanding land area is one of the main factors affecting the demand for home bedding materials. Several producers are producing bed linens made of cotton and silk that are naturally hypoallergenic, chemical-free, and resistant to the growth of microbes are being produced by a number of producers to further encourage sound sleep.
Market Restraints:
The developing and quickly shifting competitive landscape, where internationally renowned and domestic companies compete primarily based on product quality and durability, presents challenges new and prospective industry players. A longer product lifespan is one of the most important elements influencing customer purchasing decisions worldwide in retail stores and online marketplaces. The product has a normal lifespan of seven to 10 years.
In addition, companies need help introducing novel products in emerging markets due to consumers' unpredictability in their purchases of hygiene products.
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COVID 19 Analysis
COVID-19's impact has given way to numerous repercussions for people worldwide. The aftermath is linked with the significant social and economic burden on people worldwide. The COVID-19 pandemic has considerably impacted the expansion of the worldwide home bedding market. Despite decreased demand for pricey sleep products, the unprecedented epidemic caused manufacturers to postpone new introductions and reduce expenses. Globally speaking, trade disputes and protectionist policies between China, Australia, the United States, and other trading partners are likely to slow down global product sales shortly. Several market actors have used various techniques over the past few years to reduce the impact of COVID-19 on their operations.
Diversification of product offers and pricing, investments in cutting-edge technologies, and customized marketing efforts are examples of brand recovery tactics. Consumers are, however, moving towards sanitary & safer personal care products to avoid coronavirus infection. Also, customers like flavors and package styles that promote their emotional well-being. During crises, these elements help to sustain product revenues.
Market Segmentation
By Product Type
The product types in the market include Mattresses, Pillows, Bed Linen, Blankets, and others.
By Distribution Channel
Store-Based and Non-Store-Based are the major distribution channels available in the worldwide market.
Regional Insights
Asia Pacific accounted for 79.4 percent of global sales in 2022 and is predicted to expand at the quickest rate during the projected period. Nations like China, India, and Japan dominate the region's home bedding market. As a result, bedding textiles are widely accessible, encouraging the use of bedding items in domestic and commercial settings.
North America will see a similar CAGR between 2022 and 2030. As a result of the prevalence of sleep disorders, consumer opinions of high-quality sleeping products have changed in the area. Due to growing consumer awareness of the value of sound sleep and proper bedding materials. India and China, to satisfy the client's needs for home bedding in these nations. The accelerated demand or eco-friendly items will be a key trend in the region. It is a significant market trend expected to speed up China's growth in the upcoming years.
Europe's market is expected to grow quickly over the projection horizon, as rising demand for premium sheets boosts up sales. Potential clients' willingness to take calculated risks and the convenience of serving them locally are two factors that are likely to propel the regional market.
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