Home Bedding Market Research Report - Global Forecast till 2027

Global Home Bedding Market: Information By Product Type (Mattresses, Pillows, Bed Linen, Blankets and others), By Distribution Channel (Store-Based {Supermarkets & Hypermarkets, Specialty Stores} and Non-Store-Based) - Forecast till 2027

ID: MRFR/CR/7318-CR | February 2021 | Region: Global | 100 pages

Market Overview


As per the assessment by Market Research Future (MRFR), the global market for home bedding is anticipated to procure a market value of USD 63,126.0 million while expanding at a CAGR of 5.35% by 2025.


Impact of COVID-19 on the Global Home Bedding Market


The COVID-19 outbreak has brought a significant change in the home bedding industry. The imposition of lockdown across the world disrupted the supply chain, which led to reduced sales of mattresses, thereby negatively affecting the market. The home linens and bedding market is expected to gain momentum when normalcy is achieved.


Market Dynamics


Drivers


Increasing Demand for Premium Bedding Products to Boost the Market Growth During the Forecast Timeframe


The accelerating demand for premium bedding products is predicted to play a notable role in steering the global market during the forecast time period. The increasing expenditure on bedding products is projected to augment the market in the coming time. The growing popularity of e-commerce is expected to assist in enhancing the demand for bedding that is expected to propel the market in the coming period. In addition, the increasing incidences of back problems among the expanding populace is predicted to fuel the need for the product that can develop the market significantly in the assessment timeframe.


Opportunities


Growing Innovation in Bedding to Offer Significant Opportunities in Market Expansion During the Review Period


The increasing innovation in fabrics such as Egyptian cotton and silk is anticipated to offer a significant opportunity that is predicted to drive the global market in the assessment timeframe. In addition, the surging frequency of product replacement is likely to fuel the demand for beddings, thereby benefitting the market.


Restraints


High Cost of Logistics to Hamper the Market Growth During the Forecast Timeframe


The home bedding market is anticipated to face hindrance from the high cost of logistics during the forecast period.


Challenges


Presence of Unorganized Players to Pose a Significant Challenge in the Coming Period


The high presence of unorganized players in the developing and developed nations is anticipated to pose a significant challenge that can hamper the market growth in the review period.


Cumulative Market Growth Analysis


MRFR asserts that the market for home bedding is expected to display decent growth during the forecast timeframe. The growing demand for premium beds and the rising incidences of back pain are likely to grow the need for home bedding that can develop the market.


Market Segmentation


The segmental analysis of the Global Market for Home Bedding is done by Distribution Channel and Product Type.


By Distribution Channel


The distribution-channel based segments of the global market for home bedding market are store-based and non-store-based. Between the two segments, the store-based segment is predicted to lead the market during the forecast timeframe. On the other hand, the non-store based segment is projected to experience a higher CAGR than the other segment. The store segment has been further divided into specialty stores and supermarkets & hypermarkets.


By Product Type


The product-based segments of the global market for home bedding market are pillows, mattresses, blankets, bed linen, and others.  Among all, the mattress segment is anticipated to dominate the market during the forecast period. On the other hand, the pillow segment is predicted to experience the highest CAGR of 5.75% while garnering the market value of USD 16,013.2 million by 2025.


Regional Analysis


The regional segmentation of the global market for home bedding is done by North America, Europe, Asia-Pacific, and the Middle East & Africa.


North America to Dominate the Market During the Forecast Period


North America is expected to dominate the global market during the forecast period owing to the increasing awareness about the appropriate bedding. The regional market is also likely to grow due to the growing demand for premium beddings. Besides, the growing inclination towards modern interior households is expected to strengthen the market during the forecast period. In addition, the presence of eminent players in the region is likely to make a notable contribution to developing the regional market.


APAC to Record the Highest CAGR during the Review Period


The market in the APAC is anticipated to record the highest CAGR of 5.92% during the review period. The regional market is expected to witness significant development due to the rapid urbanization and the increasing expenditure power. The growing inclination towards modern interiors is predicted to make a notable contribution in the assessment period. The growing awareness about the back problem is anticipated to make a significant contribution that can propel the regional market in the coming time. In addition, the rising penetration of new players in evolving countries is predicted to fuel the demand for beddings, thereby benefitting the regional market during the forecast tenure.


Europe to Witness Significant Market Growth During the Forecast Period


Europe is anticipated to witness significant market growth during the forecast period owing to the increasing demand for premium beddings. Besides, the availability of potential consumers and rising investment by potential consumers are likely to drive the regional market significantly.


The Middle East & Africa to Showcase Steady Growth During the Forecast Timeframe


The Middle East & Africa region is anticipated to showcase a steady rise during the assessment tenure due to the presence of underdeveloped and economically unstable nations. The regional market is projected to strengthen owing to the participation of Middle East countries. The region is expected to have various untapped market opportunities that can lead to a rise in regional market growth during the assessment period.


Competitive Landscape


The market for home bedding is predicted to witness intense competition due to the surging requirement for premium beddings. The increasing acquisitions, mergers, and partnerships among key players are likely to enhance the consumer base, thereby growing the competition in the industry.


List of Key Players Covered in the Report



  • 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)

  • Casper Sleep (US)


Recent Developments



  • December 2020- Riley Home, a US-based bedding company, launched a new four-layer collection made from combed cotton and certified Standard 100 from Oeko-Tex for sustainability.



  • December 2020- Delilah Home, a US-based bedding player, launched its first collection of hemp bedding collection. The manufacturing is done by a family-run factory in Portugal where the hemp fibers are turned into sheets with a non-toxic process used to soften them to a linen-line texture.


Segmentation Table


Home Bedding Market, By Distribution Channel



  • Store-Based

  • Non-Store Based


Home Bedding Market, By Product Type



  • Pillows

  • Mattresses

  • Blankets

  • Bed Linen

  • Others



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 63,126.0 Million (2025)
  CAGR   5.35% (2019-2025)
  Base Year   2019
  Forecast Period   2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product Type, Distribution Channel
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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), Casper Sleep (US)
  Key Market Opportunities   Growing Innovation in Bedding to Offer Significant Opportunities in Market Expansion During the Review Period
  Key Market Drivers   Increasing Demand for Premium Bedding Products to Boost the Market Growth During the Forecast Timeframe