The global home bedding market size was worth around USD 90.5 Billion in 2022 and is predicted to grow to around USD 161.4 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 7.5% between 2023 and 2030.
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➤ The market growth is anticipated to be driven by the increasing popularity of eco-friendly bedding.
There is a significant emphasis on ecology and the environment. Consumers are increasingly favoring organic bedding alternatives, including natural silk bedding and natural mattresses. Although wood and silk bedding are also available, silk bed sheets are the most prevalent form of natural bedding. Silk sheets are beneficial for the epidermis and hair, as well as for the environment.
➤ The market growth is impeded by the fluctuation in the price of fabric materials.
The expansion of the home linen industry is anticipated to be impeded by the fluctuation in the price of fabric materials during the forecast period. The price of polyester is directly influenced by the fluctuation in the price of crude oil, as polyester and other fabric materials are derived from petroleum. For example, the average OPEC oil price in 2022 was $100.08 per barrel, as per the secondary analysis. This amount has increased from 69.89 USD in the previous year due to a lack of energy supplies and sanctions on Russia following the Russia-Ukraine conflict. Consequently, the market development may be somewhat affected by the fluctuations in crude oil prices.
➤ It is anticipated that technological advancements will present a substantial opportunity.
Technological advancements are the primary factor driving the global bedding market’s expansion. SleepMaker has been instrumental in the development of numerous technological innovations that were first introduced to the world in the bedding industry. SleepMaker’s responsive heat management fabric treatment, which is engineered to respond to fluctuations in body temperature, assists in maintaining the optimal temperature throughout the night. This novel heat-management technique operates autonomously throughout the bed, adjusting to the unique body temperatures of each individual to guarantee a more comfortable night’s sleep.
➤ Real silk is unethical and presents a significant challenge.
An important disadvantage of silk production is its unethical nature. In order to produce genuine silk fabric, silkworms are cooked alive in their cocoons. The silk is then meticulously extracted and intricately woven into a luxuriant fabric. In reality, approximately 2,500 silkworms are typically necessary to produce a single pound of silk. Consequently, this serves as a significant obstacle to the expansion of the home linen market during the forecast period.
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The Global Home Bedding Market is segmented based on product, application and region
Global Home Bedding Market: Product Segment Analysis
● Sheets
● Bed Covers
● Pillows
● Bed Linens
● Blankets
● Mattress
Global Home Bedding Market: Application Segment Analysis
● Offline
● Online
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The global Home Bedding market profiles key players such as:
● Bombay Dyeing
● Casper Sleep Inc.
● Beaumont & Brown
● Pacific Coast Feather Company
● Crane & Canopy Inc.
● Peacock Alley
● Purple Innovation Inc.
● The White Company
● Portico New York
● Acton & Acton Ltd.
● American Textile Company and
● Tempur Sealy International Inc
???? Recent Developments:
• The most recent improvements to the 360 Smart Bed line from Sleep Number, a manufacturer of intelligent mattresses and bedding products, were implemented in January 2022. These improvements include the ability to detect potential sleep disorders, such as sleep apnea and insomnia. Sleep Number is employing advanced sleep tracking technology and biometric sensors to provide consumers with personalized solutions that address common sleep issues and promote improved sleep.
• Tempur Sealy International, Inc. introduced a new, expanded mattress lineup in February 2021. Innovative technologies, such as memory foams and ultra-responsive coils, are integrated into the new mattresses to enhance durability and support. Additionally, the mattresses feature breathable, cool-to-the-touch covers that ensure consumers remain comfortable throughout the night.
➤ The market is anticipated to be dominated by the Asia Pacific region during the forecast period.
The global home bedding market is anticipated to be dominated by the Asia Pacific region during the forecast period. Nations such as China, India, and Japan dominate the domestic textile market in the region. Consequently, bedding textiles are broadly available, which promotes the use of bedding products in both domestic and commercial environments. Consumer expenditure on linens and other home furnishings has increased as a result of a surge in disposable income in numerous Asia-Pacific nations.
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