Published Date: 12-May-2021
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According to a new report Global Home Bedding Market, published by KBV research, The Global Home Bedding Market size is expected to reach $142.8 billion by 2027, rising at a market growth of 11.6% CAGR during the forecast period.
Organic cotton sheets are considered safe for people who are prone to allergy owing to the absence of chemical compounds. People with chemical sensitivities are observed that non organic sheets would cause any kind of skin or respiratory reaction. The innovative & customized home furnishings are becoming more popular especially for festive interiors; retailers are broadening their portfolio with the introduction of festive duvet & pillow sets, throws, cushions, and curtains to raise their profit margin during Christmas period.
On the basis of distribution channels, the offline distribution channel garnered the highest share in the market in 2020. Offline channel is mostly adopted by shoppers because it helps the consumers to get a direct look at all these products that assist them in the simple examination of the quality and materials. By using the traditional physical stores, many companies are successful in providing a unique experience to their customers. As home linens & bedding products are important, customers always purchase these products.
By region, Asia-Pacific emerged as a leading region with the highest share in 2020 and would exhibit the fastest growth rate during the forecast period. Some aspects that are contributing to the growth of the regional market are broad retail networks, the increasing middle-class population, the growing consumer preference for high-quality & luxurious bedding products to go well with their interiors, and the rising household ownership, particularly among the millennials. In addition, the increasing number of nuclear families is projected to open new growth prospects for the growth of the home bedding market.
Full Report: https://www.kbvresearch.com/home-bedding-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of The Bombay Dyeing & Manufacturing Company Ltd. (Wadia Group), Casper Sleep, Inc., Beaumont & Brown Ltd., Boll & Branch LLC, Crane & Canopy, Inc., American Textile Company, Acton & Acton Limited, West Point Home LLC (Icahn Enterprises L.P.), Kingsdown, Inc., and Portico, Inc.
By Distribution Channel
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