Bedding Market Overview
The bedding market size is estimated to reach $119.7 billion by 2026, growing at a CAGR of 7.7% during the forecast period 2021-2026. Bedding, termed as bedclothes or bed linen, refers to the materials laid atop the bed's mattress for hygiene, warmth, care of the mattress, and adorning consequences. The availability of premium bedding commodities like duvets coupled with the operational advantages is driving the growth of the bedding market. Plain weave, termed as Tabby Weave, is one of the most straightforward and most typical of the three elementary weaves. Plain weave is prepared by passing every filling yarn over and under every warp yarn, with every row alternating, generating a high crossing's count. Plain weave is utilized in bedding. Synthetic fabrics are those materials that are prepared by way of chemical synthesis and procedures. Acrylic is a synthetic material that is not very comfortable but is very crinkle-resistant and may be utilized to prepare very colorful bedding. Most bedding marketed is a polyester blend with cotton. Mattresses and beddings may frequently be sold together. The fitted sheet is a cozy fit over the mattress to provide a neat and convenient layer. The boost in direct-to-consumer bedding brands resonating with more excellent quality commodities at more candid prices is set to propel the growth of the Bedding Market during the forecast period 2021-2026. This represents the Bedding Market Industry Outlook.
Report Coverage
The report: “Bedding Market Forecast (2021-2026)”, by Industry ARC, covers
an in-depth analysis of the following segments of the Bedding Market.
By Product Type: Sheets, Bed Covers, Pillows, Bed Linens, Blankets,
Mattress.
By Fabric Materials: Cotton (Egyptian Cotton, Pima Cotton, Others), Linen, Tencel®,
Acetate, Silk, Polyester (Microfiber, Nylon, Acrylic), Bamboo, Blends.
By Distribution Channel: Offline, Online.
By Geography: North America (the U.S, Canada, and Mexico), Europe (UK, Germany,
France, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, India,
Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific),
South America (Brazil, Argentina, Rest of South America) and Rest Of The World
(Middle East, Africa).
Key Takeaways
- Geographically, Asia-Pacific Bedding Market accounted for the highest revenue share in 2020, and it is poised to dominate the market over the period 2021-2026 owing to the growing retail enterprises selling mattresses and beddings and the surge of the wealthy middle-class populace in the Asia-Pacific region.
- Bedding Market growth is being driven by the active lifestyle and the growing wish for greater comfort and convenience to be experienced from the purchase of high-quality mattresses and beddings. However, the import regulations and supply chain issues are acting as the major factors hampering the growth of the Bedding Market.
- Bedding
Market Detailed Analysis on the Strength, Weakness, and Opportunities of the
prominent players operating in the market will be provided in the Bedding
Market report.
Bedding Market Segment Market Share, By Product Type, 2020(%)
For More Details on This Report - Request for Sample
Bedding Market Segment Analysis – By Product Type:
The Bedding Market based on product type can be further segmented into Sheets, Bed Covers, Pillows, Bed Linens, Blankets, and mattresses. The Bed Linens Segment held the largest market share in 2020. This growth is owing to the numerous applications of bed linens like bed sheets, bed covers, pillow covers, and duvet covers. The increasing preference of customers towards quality and tenable linens for healthier beds, enhanced comfort, and sturdiness is fuelling the growth of the Bed Linens segment. With increased attention towards the environment, organic cotton has been gaining importance over the decade gone by owing to the lack of chemical supplements. Furthermore, the Blankets segment is estimated to grow with the fastest CAGR of 7.9% during the forecast period 2021-2026 owing to the increased recognition of novelty bedding sets and weighted blankets amidst customers.
Bedding Market Segment Analysis – By Distribution
Channel:
The Bedding Market based on the application can be further segmented into Offline and Online. The Online segment held the largest market share in 2020. This growth is owing to the increasing count of online retailers of bedding and mattress and the high effectiveness of e-Commerce sites, making customers opt for the online stores, especially amidst the stay-at-home restrictions and global lockdowns enforced as a consequence of the COVID-19 Pandemic. The Bedding Market may be thought to be undergoing an e-commerce renaissance, fuelled by the worldwide necessity for sleep hygiene. Furthermore, the Offline segment is estimated to grow with the fastest CAGR of 8.3% during the forecast period 2021-2026 owing to the facility it offers the customers to take a direct first-hand look at the bedding and mattress products and has an effortless view of the quality and materials, especially with the global population presently undergoing massive vaccination drives and attempting to restore some normalcy to its life.
Bedding Market Segment Analysis – By Geography:
The Bedding Market based on geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. Asia-Pacific (Bedding Market Market) held the largest share, with 29% of the overall market in 2020. This region's growth is owing to the growing retail networks and increasing customer inclination for excellent quality and affluent bedding products like mattresses to commend the interiors. The heightening count of household ownerships among the millennial generation is fuelling the growth of the Asia-Pacific region. Furthermore, the North American region is estimated to have the fastest CAGR rate over the forecast period 2021-2026. This growth is owing to factors like the presence of key players like Purple and increasing consciousness about quality sleep, sometimes referred to as “Beauty Sleep” and suitable bedding materials. As per the Sleep Foundation, investigations have demonstrated that insomnia influences 30% to 48% of older people, while some other studies have indicated that insomnia may happen in up to 23.8% of teenagers and over 50% of pregnant women endure sleep issues that can be signs of insomnia too. The increasing predominance of insomnia is propelling the progress of the Bedding Market in the North American region.
Bedding Market - Drivers
Increasing Recognition Of Eco-Friendly Bedding Products Is Projected To Drive The Growth Of Bedding Market:
Ecology and the environment have presently assumed great importance. Customers are increasingly inclined towards organic bedding choices like natural silk bedding and natural mattress. Though natural bedding comprises wood bedding and silk bedding, the most typical is the silk bed sheet. Silk bed sheets prove to be advantageous for the environment and benefit skin and hair. Silk, free chemicals, and 100% organic are the most hypoallergenic of all fabrics. Silk bed sheets are therefore the top choice for allergic communities. With higher standards of living, purchasing silk comforter, silk pillowcases, and silk blankets has evolved into a fashionable trend for many people. Some companies producing tenable and eco-friendly bedding and linens are Alterra Pure, Anna Sova, Boll & Branch, Cariloha, and CB2. There are various eco-friendly certifications focussed fundamentally on the planet's health like Global Organic Textile Standard GOTS, CertiPUR-US Certified, and USDA Certified Organic. These determinants are fuelling the growth of the Bedding Market during the forecast period 2021-2026.
Technological Innovations Are Expected To Boost The Demand Of The Bedding Industry:
Technological innovations are driving the growth of the Bedding Market. SleepMaker accounts for numerous global-first technological innovations in the bedding space. SleepMaker’s receptive heat management fabric treatment planned to respond to alterations in the body temperature assists in maintaining the ideal temperature all through the night. This ingenious heat management technique functions independently across the bed, responding to the diverse body temperatures of people to guarantee a more comfortable sleep. Furthermore, the resultant cool and dry sleeping ambiance is more hygienic and will assist in expanding the life of the mattress. SleepMaker’s affluent Climatex Quilt sleep surface unites excellent high loft fiber with Dreamfoam. The super-fine structure of Dreamfoam provides maximum breathability and minimum heat build-up. These kinds of innovations are propelling the growth of the Bedding Market during the forecast period 2021-2026.
Bedding Market – Challenges
Increasing Demand And Supply Chain Issues Are Challenging The Bedding Market Amidst The COVID-19 Pandemic:
Bedding Manufacturers face significant challenges in servicing their purchasers in the wake of the COVID-19 Pandemic during the second half of 2021. As per Vivian Weng, chief commercial officer, Classic Brands, the greatest challenge is fulfilling the compelling demand being observed and expected for their products across online and offline buyers. They have been taking positive steps internally and in conjunction with their retail partners to overcome this challenge. As per Phil Sherman, president, Customatic Technologies, they have toiled hard to discover methods to fight the obstacles in high lead times on raw materials, capacity restrictions from manufacturing plants, vessel accessibility, and freight costs peaking in domestic and international charges. As per Nick Bates, president of Spring Air International, raw material scarcities and changeable raw material pricing from wood to foam to springs are the most significant challenges faced presently. Regrettably, these issues are expected to continue into the back half of 2021 and hamper the growth of the bedding market.
Bedding Market - Landscape:
Product launches, technological
advancements, geographical expansions, and partnerships are key strategies
adopted by players in the Bedding Market. Key companies of this market include:
- Purple
- Acton &Acton
- American Textile Company
- Beaumont & Brown Ltd
- Boll & Branch LLC
- WestPoint Home
- Pacific Coast Feather Company
- Hollander
- Crane & Canopy
- Bombay Dyeing
Acquisitions/Product Launches:
- In June 2021, Purple Innovation, Inc., the chief in comfort innovation and the producer of the acclaimed Purple® Mattress, declared an extension of its existing pillow product offerings. The Purple Harmony Pillow will presently be accessible in added sizes to suit every comfort level. The brand is also introducing the novel Purple TwinCloud Pillow which is characterized by cooling, durable, and adjustable backing enhancements to heighten sleep quality.
- In September 2020, Boll & Branch proudly declared the most significant product launch when their natural sheets struck the market. Following three years of design and development, the novel down and down alternative pillow was introduced, having undergone specialized engineering, being locally sourced and cautiously constructed.
Related Reports:
Global Bedding For Hotels Industry Market
Report Code: FBR 45179
Smart Homes Market - Forecast(2021 -
2026)
Report Code: ITR 0021
For more Consumer Products and Services Market reports, please click here