Home Bedding Market Size and Share Report, 2022-2030 (2023)

Report Overview

The global Home Bedding market size was estimated at USD 87.05 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 7.9% from 2022 to 2030. of the housing sector and the increase in consumer spending on home furnishings have helped broaden the growth scenario for the market.

The COVID-19 pandemic is wreaking havoc on the home bedding industry. However, once the lockdown was announced, online sales skyrocketed. With the change in routines, people struggled to get enough sleep. As such, this resurgence was a reflection of people looking for self-sufficiency solutions at a time when fears surrounding COVID-19 were causing a host of sleep problems. Thus, increased spending on comfort and bedding ensued, which eventually fueled the growth of the market.

Additionally, the work-from-home revolution caused by the nationwide lockdowns due to the pandemic has changed people's budgets for spending on bedding for their home. A large proportion of consumers work from bed and spend more time at home, which has steadily improved the sleeping environment.

In addition, mattresses, related products like adjustable bases, and accessories like back pillows have gained prominence in 2020. October 2020 saw a year-over-year increase of more than 30% in sales in the bedding industry, according to Jerry Epperson, a mattress industry veteran and CEO of a Virginia-based business consulting and investment banking firm.

Quality bedding, combined with its functional advantages, supports the power of the industry, indicating a growing demand for bedding for the home. Additionally, the critical connection between good sleep and a healthy mind and body has increased the need for quality bedding. According to the American Sleep Apnea Association, between 50 and 70 million Americans suffer from trouble sleeping, and the rate of sleep deprivation has increased over the past 30 years.

Also, the trend towards custom-made mattresses among wealthy consumers is on the rise in 2021. Some premium mattresses now offer fully customizable mattresses.mattressbrands, but other brands are expected to follow quickly. For example, in January 2021, Durfi launched cotton candy memory foam mattresses from India infused with hemp seed oil. These mattresses are fully customizable to meet a person's preferences and are then shipped directly to them.

enter information

The bedding segment accounted for the largest share of revenue with more than 25.0% in 2021 and is expected to register the fastest growth during the forecast period. Bedding includes sheets, duvets, pillowcases, and duvet covers. A rapid shift in consumer preferences towards high-quality, sustainable bedding for healthier beds, greater comfort and durability is a key driver of segment growth.

HeCoverThe segment is expected to grow at a CAGR of 7.9% between 2022 and 2030. The segment is driven by increasing demand for Afghans in cold climate countries such as the UK, Canada, US and Russia. Demand for the product can also be seen in countries like India, where some parts of the country experience extreme cold. In addition, there is a growing demand for organic, pesticide-free and hypoallergenic blankets, which is also driving the growth of the segment.

Distribution Channel Insights

The offline sales channel had the largest share of sales in 2021 with more than 65.0%. Buyers prefer the offline channel as it makes it easy for them to see the products first hand, which contributes to easy verification of quality and materials. Using traditional physical stores, brands were able to create a unique experience for customers.

The online sales channel is expected to record the fastest CAGR of 9.1% between 2022 and 2030. With the advent of online retailers and the increased efficiency of e-commerce sites, consumers visit physical stores less . This is a potential benefit for online-only and hybrid retailers who are constantly looking for new ways to optimize their distribution and fulfillment models.

regional perspectives

Asia-Pacific accounted for the largest share with over 35.0% in 2021 and is expected to register the fastest growth during the forecast period. The dominance of the home textiles market in the region by countries such as China, India and Japan has led to abundant availability of bedding textiles, thus expanding the application of bedding to the residential and commercial sectors. commercial.

North America is projected to post a CAGR of 7.9% from 2022 to 2030. The regional market is growing as consumers become more aware of the need for a good night's sleep and proper bedding. Consumer perceptions of quality sleep products have changed due to the lack of sleep-related disorders in the region.

According to a 2020 AffordableCollegesOnline.org blog, a study published in the Journal of Youth and Adolescence looked at school-age children in suburban Fairfax County, Virginia, who had very early school enrollment times and found that every hour of sleep that a teenager lost was associated with it. was associated with a 38 percent increase in feelings of hopelessness and a 42 percent increase in suicidal thoughts. Each hour of sleep lost was also associated with a 58% increase in actual suicide attempts.

Information on key companies and market shares

The market is characterized by the presence of some less established players and new entrants. Companies have expanded their product portfolios by introducing new and innovative home bedding products to expand their customer base. For example, in February 2021, Tempur Sealy International, Inc. introduced an all-new, expanded portfolio of mattresses. The new mattresses feature technologies that provide enhanced support and durability, including ultra-responsive coils and memory foams, as well as innovations like cool-touch, breathable covers that help consumers stay cool throughout the night.

In another case, in July 2019, Serta Inc. announced the launch of a new line of mattresses called iComfort. The product uses carbon fiber memory foam, which acts as a conductive layer to provide a cooling effect on the bed. Some prominent players in the Global Home Bedding Market are:

• Acton & Acton Ltda.

• american textile company

• Tempur Sealy International, Inc.

  See Also

  Luxury Bedding Market Research Report 2023-2028 With Data From Major CountriesLatest Luxury Bedding Market Research Report 2023-2029, MGR

• bombay spot

• Casper Dream Inc.

• Beaumont y Braun

• Pacific Coast Feather Company

• Crane & Canopy Inc.

• Pfauengasse

• Lilac Innovation, Inc.

• white society

• portico new york

Home Bedding Marketreport scope

Segments covered in the report

This report forecasts global, regional, and country-wide sales growth and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2030. For the purposes of this study, Grand View Research analyzed Global Home Textiles Market Report on the basis of type, sales channel, and region:

• Outlook Type (Income, $M, 2017 - 2030)

  • litter

  • mattress

  • Pillow

  • Cover

  • Others

• Distribution Channel Outlook (Revenue, $Millions, 2017-2030)

  • Disconnected

  • Online

• Regional perspective (revenues, million dollars, 2017-2030)

  • North America

    • US.

  • Europa

    • UNITED KINGDOM.

    • Germany

  • Pacific Asia

    • Porcelain

    • And

  • Central and South America

    • Brazil

  • Middle East and Africa