PUNE,
India, July 26, 2024 /PRNewswire/ -- Stellar
Market Research has published a report on the Home Bedding Market
stating that the market size was USD 96.71
Bn in 2023 and is expected to grow at a CAGR of 6.06 percent
through the forecast period, reaching USD
145.95 bn by 2030. Since home furnishing enhances the décor,
comfort, hygiene, and warmth of the house, consumers are increasing
their spending on home furnishings to provide a more sophisticated
and hygienic appearance to their houses. Online shopping has
fuelled the home bedding market by providing easy access to a wide
range of products and convenient doorstep delivery.
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Market Size in
2023
|
USD 96.71 Bn
|
Market Size in
2030
|
USD 145.95
Bn
|
CAGR
|
6.06 percent
(2024-2030)
|
Forecast
Period
|
2024-2030
|
Base
Year
|
2023
|
Number of
Pages
|
278
|
No. of
Tables
|
118
|
No. of Charts and
Figures
|
110
|
Segment
Covered
|
By Type and
Distribution Channel
|
Regional
Scope
|
North America, Europe,
Asia Pacific, Middle East and Africa, South America
|
Report
Coverage
|
Market Share, Size
& Forecast by Revenue | 2024−2030, Market Dynamics, Growth
Drivers, Restraints, Investment Opportunities, and Key Trends,
Competitive Landscape, Key Players Benchmarking, Competitive
Analysis, MMR Competition Matrix, Competitive Leadership Mapping,
Global Key Players' Market Ranking Analysis.
|
Get your Sample
PDF:https://www.stellarmr.com/report/req_sample/Home-Bedding-Market/2089
Key Offerings
- India was the top exporter of
home bedding products followed by China and Vietnam in 2023.
- By distribution channel, the offline segment held the largest
market share in 2023 while the online segment was the fastest
growing during the forecast period.
- In Europe, Germany was the leading importer of bed
textiles in 2023 while major importers include the United States, France, Netherlands, Spain, and Italy.
Rise of Sleep-Enhancing Technology to Create Growth
Opportunities
Smart mattresses and bedding systems are now equipped with
built-in sensors that monitor sleep patterns, heart rate, and body
movements providing users with customized recommendations and
insights. For instance, the Sleep Number 360 smart bed utilizes
SleepIQ technology to make real-time adjustments and track sleep,
benefiting a user base of over 12 million people. Smart pillows
such as the Zeeq Smart Pillow are designed to play music to help
improve sleep quality and track snoring habits, attracting
tech-savvy consumers. Moreover, the incorporation of smart home
systems like Amazon Alexa and Google Home into bedding items allows
for effortless management of sleep settings. The National Sleep
Foundation reports that 45% of Americans experience inadequate or
poor sleep, emphasizing the increasing demand in the home bedding
market. Advancements such as temperature control, anti-snore
features, and sleep guidance are driving health-conscious consumer
preferences. The rise of the Internet of Things (IoT) in the home
bedding industry indicates a shift towards interconnected,
health-focused lifestyles, presenting significant opportunities for
market growth.
The Linen Bed Segment to grow at the highest CAGR
Linen is derived from the flax plant that is highly durable with
fibers twice as strong as cotton, guaranteeing long-lasting wear.
Its native breathability and ability to wick away moisture make it
perfect for maintaining a comfortable body temperature in various
weather conditions. For instance, linen can absorb up to 20% of its
weight in moisture before feeling damp, which helps maintain a dry
sleeping environment. Linen is a popular choice among
health-conscious individuals due to its hypoallergenic qualities
and ability to resist bacteria and dust mites making it an ideal
option for those with sensitive skin and allergies. Companies such
as Parachute and Brooklinen have taken advantage of these
advantages by providing a variety of linen bedding items that have
received praise for their comfort and visual appeal. Additionally,
the environment-friendly qualities of Lenin such as requiring fewer
pesticides and less water than cotton, are attractive to consumers
who are conscious of the environment. The increasing popularity of
minimalistic and natural home decor complements the rustic yet
elegant texture of Lenin appealing to interior designers and
consumers.
Asia Pacific to dominate
during the forecast period
The Asia Pacific region has a
rapidly growing population of over 4.6 billion, and urbanization
rates are expected to reach 64% by 2050. Increasing disposable
incomes, especially in China and
India, where annual income growth
rates were 8.1% and 7.3% respectively, are driving consumer
spending on high-quality bedding products. Additionally, the
growing middle class in the region is expected to reach 3.5 billion
by 2030, creating a higher demand for a range of high-quality
bedding options. Leading companies like Pacific Brands and Sunvim
Group are employing advanced manufacturing techniques and efficient
supply chains, leading to a significant reduction in production
costs. The rise of e-commerce in Asia
Pacific has led to a significant increase in online retail
sales, making it easier for consumers to access a diverse selection
of bedding products. In countries such as Japan and South
Korea, where the average mattress replacement cycle is
approximately 8 years, there is a high turnover rate for bedding
products, contributing to the overall growth of the market. Almost,
70% of consumers in the region prioritize eco-friendly products
leading to a strong focus on sustainability driving innovation and
the use of sustainable materials in bedding.
Request a Sample
Report:https://www.stellarmr.com/report/req_sample/Home-Bedding-Market/2089
Key Player Offerings
- Bedsure introduces the Ultra-Soft Comforter, setting a new
standard for comfort and innovation. This new addition to their
Essential Bedding line features exceptional softness, achieved
through ultra-fine fibers and a high-quality jersey knit design.
The comforter's unique layered build ensures lasting warmth and
comfort, enhanced by the BlendTek Support Layer for optimal
support. With a focus on personalized comfort, Bedsure offers
customizable choices in their Essential Bedding collection,
including the Adjustable Loft Pillow, to accommodate a range of
sleep preferences.
- Bedsure has launched a new line of cooling bedding products
designed to combat heat and improve sleep quality. Featuring
innovative Arc-Chill technology, these products offer instant
cooling and moisture-wicking properties. The range includes cooling
blankets, comforters, sheet sets, and duvet covers, all crafted
with premium materials like bamboo rayon and lyocell. By combining
advanced technology with natural fibers, Bedsure aims to provide
optimal comfort and refreshment for hot sleepers, ensuring a
restful night's sleep even during the most sweltering
conditions.
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reaching nearly USD 193.4 Bn. by
2030.
Home Organisation Products Market size was valued at
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Wooden Furniture Market size was valued at
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from 2024 to 2030, reaching nearly USD
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About Stellar Market Research:
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consulting company with professionals from several industries. Some
industries we cover include medical devices, pharmaceutical
manufacturers, science and engineering, electronic components,
industrial equipment, technology and communication, cars and
automobiles, chemical products and substances, general merchandise,
beverages, personal care, and automated systems.
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SOURCE Stellar Market Research