14-Apr-2023 | Zion Market Research
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.
Home bedding, which is typically included with a bedding set, is a flat or fitted bed sheet that covers the mattress. Home bedding is used to provide comfort and aesthetic appeal to a home's occupants. Bedding for the home offers comfort, beauty, warmth, and hygiene. Materials used for home bedding can be washed and hung over the bed. Home textiles are also referred to as bed linen and bedclothes.
One of the main reasons driving the demand for the global home bedding market around the world is the rise in consumer spending on home furnishings and the expansion of the real estate industry. To encourage deep sleep, numerous producers are also creating home bedding out of fabrics like lightweight, chemical-free, and anti-microbial cotton and silk. In addition, they are introducing creative holiday pillows, duvets, and cushion sets through e-commerce platforms. The market is expanding as a result of this and the simple accessibility of personalized mattresses and bedding at reasonable prices.
Additionally, there is a growth in demand for home bedding created with organic vegetable dyes as a result of growing environmental concerns. Other factors promoting the home bedding industry growth in the upcoming years include the rise in nuclear families, the growing trend towards minimalist bedrooms, and the expanding popularity of adjustable beds.
The global home bedding market is segmented based on product type, fabric materials, distribution channel, and region.
Based on the product type, the global market is bifurcated into sheets, bed covers, pillows, bed linens, blankets, and mattresses. The blankets segment is expected to grow at the highest CAGR over the forecast period. Demand for products is also shown in nations like India, where some regions experience extreme cold. Additionally, there is a rising need for hypoallergenic, pesticide-free organic blankets. Customers are prepared to spend money on luxurious blankets that will increase the warmth and coziness of their houses. Additionally, the expansion of e-commerce has facilitated consumers' access to a greater selection of blankets, including luxuriant and superior choices that were previously exclusively offered in upscale retailers. Due to the resulting increased competition, businesses are now forced to provide products of greater quality to stand out from their rivals. Thus, this is expected to drive market growth over the forecast period.
Based on the fabric materials, the home bedding industry is bifurcated into cotton, linen, Tencel, acetate, silk, polyester, bamboo, and blends. The cotton segment is expected to hold a substantial market share during the forecast period owing to the various advantages such as being soft, breathable, light, and easy to handle. Moreover, it helps in fighting insomnia as the cases of insomnia are rising dramatically. For instance, according to the American Sleep Association, in the United States, 50 to 70 million people suffer from sleep issues.
Based on the distribution channel, the market is segmented into offline and online. The online segment is expected to grow at the highest CAGR over the forecast period. Consumers are visiting brick-and-mortar establishments less frequently as a result of the emergence of online retailers and the improved efficiency of e-commerce websites. Both online-only and hybrid businesses that are constantly looking for new methods to simplify their distribution and fulfillment strategies may benefit from this. Because they do not have the same space restrictions as physical locations, online retailers provide a greater selection of bedding products. Additionally, internet merchants frequently permit customers to post product reviews, which offer insightful information about the product's performance and quality.
The Asia Pacific is expected to dominate the global home bedding market over the forecast period. The regional growth is attributable to the growing construction industry and the rising disposable income of the population. Moreover, the growing urbanization in the Asia Pacific is one of the significant factors that drive the growth of the market. On the other hand, North America is expected to grow at the fastest rate over the forecast period owing to consumer awareness about comfort and organic products. Moreover, the product launch by the market players provides an enormous opportunity for market expansion in the region.
This review is based on a report by Zion Market Research, titled “Home Bedding Market By Product Type (Sheets, Bed Covers, Pillows, Bed Linens, Blankets and Mattress), By Fabric Materials (Cotton, Linen, Tencel, Acetate, Silk, Polyester, Bamboo and Blends), Distribution Channel (Offline and Online) and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 – 2030.”- Report at https://www.zionmarketresearch.com/report/home-bedding-market
The global home bedding market is dominated by players like:
By Product Type
By Fabric Materials
By Distribution Channel
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