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    Home Bedding Market

    ID: MRFR/CR/7318-CR
    100 Pages
    Snehal Singh
    February 2021

    Home Bedding Market Research Report Information By Product Type (Mattresses, Pillows, Bed Linen, Blankets, and others), By Distribution Channel (Store-Based {Supermarkets & Hypermarkets, Specialty Stores} and Non-Store-Based), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2032

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    Home Bedding Market Infographic
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    Home Bedding Market Summary

    As per Market Research Future Analysis, the Global Home Bedding Market was valued at USD 85.67 Million in 2023 and is projected to grow to USD 110.32 Million by 2032, with a CAGR of 8.22% from 2024 to 2032. Key drivers include the growth of the real estate industry and consumer preference for branded bedding. The market is influenced by increasing demand for premium bedding products and the rise of e-commerce, alongside a growing awareness of health issues related to sleep. The North American region is expected to dominate the market due to rising demand for premium sheets and modern interior designs, while the Asia-Pacific region is anticipated to record the highest CAGR of 5.92%.

    Key Market Trends & Highlights

    Key trends driving the Home Bedding Market include:

    • Growth of the real estate industry is boosting market demand.
    • The pillows segment is expected to dominate with a market value of USD 64,126.0 Million by 2030.
    • Store-based distribution channels are projected to lead the market, while non-store-based channels will experience higher CAGR.
    • The increasing prevalence of back issues is driving demand for specialized bedding products.

    Market Size & Forecast

    2023 Market Size USD 85.67 Million
    2024 Market Size USD 87.87 Million
    2032 Market Size USD 110.32 Million
    CAGR (2024-2032) 8.22%

    Major Players

    Key companies include Kingsdown, Inc. (U.S.), Serta Simmons Bedding, LLC (U.S.), Sleep Number Corporation (U.S.), Crane and Canopy (U.S.), and Boll & Branch LLC (U.S.).

    Home Bedding Market Trends

    Growth Of the Real Estate Industry to boost the market growth

    Expanding Demand for home bedding market share for Premium Bedding Products to Boost the Market Growth during the Forecast period. The speeding-up interest for premium sheet material items is anticipated to assume a striking part in directing the worldwide home bedding market during the gauge period. The expanding consumption of sheet material items is projected to increase the market in the coming time. The home bedding market Growth of online business is relied upon to help upgrade the interest for bedding that is relied upon to drive the market in the coming time frame.

    Moreover, the home bedding market Analysis in expanding the frequency of back issues among the extending people is anticipated to fuel the item's requirement that can fundamentally foster the market in the evaluation period.

    Additionally, Developing Innovation in Bedding to Offer Significant Opportunities in home bedding market Expansion during the Review Period. The Home bedding market Value in expanding development in textures, for example, Egyptian cotton and silk, is expected to offer a huge chance to drive the worldwide market in the appraisal period. What's more, the flooding recurrence of item substitution is probably going to fuel the interest in sheets, helping the market.

    The Global Home Bedding Market appears to be experiencing a notable shift towards sustainable and eco-friendly materials, reflecting a growing consumer preference for environmentally responsible products in the home textiles sector.

    U.S. Department of Commerce

    Home Bedding Market Drivers

    E-commerce Growth

    The rise of e-commerce platforms is reshaping the Global Home Bedding Market Industry by providing consumers with greater access to a diverse range of products. Online shopping offers convenience, competitive pricing, and the ability to compare products easily, which appeals to modern consumers. As more individuals turn to online platforms for their bedding needs, traditional retail channels may face challenges. This shift is expected to contribute to the overall growth of the market, as e-commerce sales are projected to increase significantly in the coming years, further driving the industry's expansion.

    Sustainability Trends

    Sustainability emerges as a pivotal driver in the Global Home Bedding Market Industry, with consumers increasingly favoring eco-friendly products. The demand for sustainable bedding options, such as organic and recycled materials, is on the rise as environmental consciousness grows. This shift is supported by various government initiatives promoting sustainable practices in manufacturing. As a result, brands that adopt sustainable practices may experience enhanced brand loyalty and market share. The industry's growth trajectory suggests that by 2035, the market could reach 139.8 USD Million, reflecting the potential of sustainability as a key market driver.

    Market Growth Projections

    The Global Home Bedding Market Industry is projected to experience substantial growth over the next decade, with estimates indicating a market value of 139.8 USD Million by 2035. This growth is underpinned by various factors, including rising consumer awareness, sustainability trends, and technological advancements. The compound annual growth rate of 4.31% from 2025 to 2035 suggests a steady increase in demand for bedding products that cater to evolving consumer preferences. As the industry adapts to these trends, it is likely to witness a transformation in product offerings and marketing strategies.

    Rising Consumer Awareness

    The Global Home Bedding Market Industry experiences a notable increase in consumer awareness regarding the importance of quality sleep and its impact on overall health. As individuals become more informed about sleep hygiene, they are increasingly investing in premium bedding products that enhance comfort and support. This trend is reflected in the projected market value of 87.9 USD Million in 2024, indicating a growing demand for high-quality materials such as organic cotton and memory foam. Consumers are likely to prioritize bedding that promotes better sleep quality, thereby driving growth in the industry.

    Technological Advancements

    Technological innovations play a crucial role in shaping the Global Home Bedding Market Industry. The introduction of smart bedding products, such as temperature-regulating sheets and sleep-tracking mattresses, caters to the evolving preferences of tech-savvy consumers. These advancements not only enhance comfort but also provide valuable insights into sleep patterns, thereby appealing to health-conscious individuals. As the market adapts to these technological trends, it is likely to witness a compound annual growth rate of 4.31% from 2025 to 2035, indicating a robust future driven by innovation.

    Urbanization and Lifestyle Changes

    Urbanization significantly influences the Global Home Bedding Market Industry, as more individuals move to urban areas where space is often limited. This demographic shift leads to a preference for multifunctional and space-saving bedding solutions, such as foldable mattresses and compact bedding sets. Additionally, the fast-paced lifestyle of urban dwellers drives demand for low-maintenance bedding options that offer convenience without compromising on style. As urban populations continue to grow, the industry is poised for expansion, aligning with changing consumer needs and preferences.

    Market Segment Insights

    Home Bedding Product Type Insights

    The  Home Bedding market segmentation, based on product type, includes Mattress, Pillows, Bed Linen, Blanket, and others. the pillows fragment is expected to rule the market during the conjecture time frame. Then again, the pad portion is anticipated to encounter the most elevated CAGR of 6.31% while gathering a market worth of USD 64,126.0 Million by 2030.

    Home Bedding Type Insights

    Based on distribution channels, the Home Bedding market segmentation includes store-based and non-store-based. The store-based fragment is anticipated to lead the market during the estimated period. Then again, the non-store-based portion is projected to encounter a higher CAGR than the other fragment. The store portion has been additionally separated into forte stores and general stores, and hypermarkets.

    Figure 2:  Home Bedding Market, by Distribution Channels, 2021 & 2030 (USD Million)Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

    Get more detailed insights about Home Bedding Market Research Report - Global Forecast till 2032

    Regional Insights

    By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. North America is relied upon to rule the worldwide market during the figure time frame inferable from the expanding mindfulness about the proper sheet material. The provincial market is likewise prone to develop because of the developing interest in premium sheets. Also, the developing tendency towards current inside families is relied upon to fortify the market during the conjecture time frame.

    What's more, the presence of prominent players in the area will probably make a striking commitment to fostering the provincial market Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil

    Figure 3:  HOME BEDDING MARKET SHARE BY REGION 2021 (%)HOME BEDDING MARKET SHARE BY REGION 2021 Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

    The market in APAC is expected to record the most noteworthy CAGR of 5.92% during the survey time frame. The provincial market is relied upon to observe critical improvement because of the fast urbanization and the expanding use of power. The developing tendency towards present-day insides is anticipated to make a remarkable commitment in the evaluation time frame.

    The developing mindfulness about the back issue is expected to make a huge commitment to move the territorial market in the coming time. Moreover, the rising infiltration of new players in advancing nations is anticipated to fuel the interest for sheets, helping the territorial market during the gauge residency.

    Europe is expected to observe huge market development during the gauge time frame attributable to the expanding interest in premium sheets. Furthermore, the accessibility of expected shoppers and rising venture by potential customers will probably drive the territorial market fundamentally.

    Key Players and Competitive Insights

    Major market players are spending a lot of money on R&D to increase their product lines, which will help the Home Bedding market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Home Bedding industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.

    The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Home Bedding. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their  presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Home Bedding industry must offer affordable products.

    Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the  Home Bedding industry to benefit customers and expand the market sector. The Home Bedding market has recently given medicine some of the most important advantages. Major hair care product market players, including Kingsdown, Inc. (US), Serta Simmons Bedding, LLC (US), Sleep Number Corporation (US), Crane and Canopy (US), Boll & Branch LLC (US), and others, are attempting to increase market demand by funding R&D initiatives.

    Kingsdown was founded in 1904 as The Mebane Bedding Company in Mebane, N.C. by W.W. Corbett and A.N. Scott. More than a century later, we have expanded our manufacturing and distribution footprint in the U.S. and around the world but our commitment to handcrafted quality has never wavered.

    Also, Simmons became the first business to mass-produce woven wire mattresses. Now, we employ more than 5,000 people across North America and have 27 manufacturing plants. The better you sleep, the better you live, work and play. That’s a big responsibility for us, and rest assured that we take it seriously. Learn more about our innovative products, as well as the people who wake up every day with just one aim in mind – to dream differently, so that you can live your dreams.

    Key Companies in the Home Bedding Market market include

    Industry Developments

    • Q2 2024: Tempur Sealy International to Acquire Mattress Firm in $4 Billion Deal Tempur Sealy International announced it will acquire Mattress Firm Group, the largest specialty mattress retailer in the U.S., for approximately $4 billion, expanding its direct-to-consumer reach and retail footprint.
    • Q2 2024: Purple Innovation Appoints Robert DeMartini as CEO Purple Innovation, a leading bedding and mattress company, announced the appointment of Robert DeMartini as its new Chief Executive Officer, effective May 2024, to drive growth and operational efficiency.
    • Q1 2024: Brooklinen Launches New Eco-Friendly Bedding Collection Brooklinen introduced a new line of eco-friendly bedding made from organic cotton and recycled materials, targeting environmentally conscious consumers and expanding its sustainable product offerings.
    • Q2 2024: Sleep Number Opens New Manufacturing Facility in South Carolina Sleep Number Corporation opened a new manufacturing and distribution facility in Irmo, South Carolina, to increase production capacity and improve supply chain efficiency for its smart beds and bedding products.
    • Q1 2024: Boll & Branch Secures $50 Million in Growth Funding Luxury bedding brand Boll & Branch raised $50 million in a growth funding round led by private equity firm L Catterton, aiming to accelerate product innovation and expand its retail presence.
    • Q2 2024: Casper Sleep Announces Strategic Partnership with Target Casper Sleep entered a strategic partnership with Target to expand its bedding and sleep accessory offerings in Target stores nationwide, enhancing its retail distribution and brand visibility.
    • Q1 2024: Serta Simmons Bedding Emerges from Chapter 11 Bankruptcy Serta Simmons Bedding, one of the largest bedding manufacturers in North America, successfully emerged from Chapter 11 bankruptcy after restructuring its debt and securing new financing.
    • Q2 2024: Parachute Home Launches First Kids Bedding Collection Parachute Home, a direct-to-consumer bedding brand, launched its first-ever kids bedding collection, expanding its product portfolio to reach new customer segments.
    • Q1 2024: Coyuchi Acquires Home Textiles Brand Loop Coyuchi, a leader in organic bedding, acquired Loop, a sustainable home textiles brand, to strengthen its position in the eco-friendly bedding market and broaden its product range.
    • Q2 2024: Avocado Green Brands Opens Flagship Store in New York City Avocado Green Brands, known for organic mattresses and bedding, opened its first flagship retail store in New York City, offering an immersive shopping experience and expanding its direct-to-consumer presence.
    • Q1 2024: Ettitude Raises $25 Million Series B to Expand Sustainable Bedding Ettitude, a sustainable bedding company specializing in bamboo lyocell products, raised $25 million in Series B funding to scale operations and accelerate international expansion.
    • Q2 2024: Williams-Sonoma Launches New Luxury Bedding Line Under Pottery Barn Brand Williams-Sonoma introduced a new luxury bedding collection under its Pottery Barn brand, featuring premium materials and exclusive designs to capture the high-end home bedding market.

    Future Outlook

    Home Bedding Market Future Outlook

    The Global Home Bedding Market is projected to grow at a 4.31% CAGR from 2024 to 2035, driven by increasing consumer demand for sustainable materials and innovative designs.

    New opportunities lie in:

    • Develop eco-friendly bedding lines to cater to environmentally conscious consumers.
    • Leverage smart technology integration in bedding products for enhanced user experience.
    • Expand online retail channels to reach a broader, tech-savvy customer base.

    By 2035, the market is expected to exhibit robust growth, reflecting evolving consumer preferences and technological advancements.

    Market Segmentation

    Home Bedding Regional Outlook

    • US
    • Canada
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    • Middle East
    • Africa
    • Latin America

    Home Bedding Product Type Outlook

    • Mattresses
    • Pillows
    • Bed Linen
    • Blankets
    • others

    Home Bedding Distribution Channel Outlook

    • Store-Based
    • Non-Store-Based

    Report Scope

    Report Attribute/Metric Details
    Market Size 2023 USD 85.67 Million
    Market Size 2024 USD 87.87 Million
    Market Size 2032 USD 110.32 Million
    Compound Annual Growth Rate (CAGR) 8.22% (2024-2032)
    Base Year 2023
    Market Forecast Period 2023-2032
    Historical Data 2018 & 2022
    Market Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Product type, Distribution Channel, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Kingsdown, Inc. (US), Serta Simmons Bedding, LLC (US), Sleep Number Corporation (US), Crane and Canopy (US), Boll & Branch LLC (US), Portico, Inc. (India), Acton & Acton (UK), Hollander Sleep Products (US), Westpoint Home LLC (US), and Casper Sleep (US)
    Key Market Opportunities ·        Growing Demand For Eco-Friendly Home Bedding, Rising Demand For Smart Mattresses In Developing Economies
    Key Market Dynamics ·        Growth Of the Real Estate Industry to boost the market growth

    Market Highlights

    Author
    Snehal Singh
    Assistant Manager - Research

    High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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    FAQs

    How much is the Home Bedding market?

    The Home Bedding market size was valued at USD 85.67 Million in 2023.

    What is the growth rate of the Home Bedding market?

    The market is projected to grow at a CAGR of 8.22% during the forecast period, 2024-2032.

    Which region held the largest market share in the Home Bedding market?

    North America had the largest share in the Home Bedding market.

    Who are the key players in the Home Bedding market?

    The key players in the market are Kingsdown, Inc. (US), Serta Simmons Bedding, LLC (US), Sleep Number Corporation (US), Crane and Canopy (US), Boll & Branch LLC (US), Portico, Inc. (India), Acton & Acton (UK), Hollander Sleep Products (US), Westpoint Home LLC (US), and Casper Sleep (US).

    Which product type led the Home Bedding market?

    The pillow category dominated the market in 2023.

    Which distribution channel had the largest market share in the market?

    The store based had the largest share in the market for Home Bedding.

    Home Bedding Market Research Report - Global Forecast till 2032 Infographic
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