Research Support Specialist, USA
The global home bedding market size was USD 87.05 billion in 2021, which is anticipated to attain a CAGR of 7.9% and reach at USD 172.36 billion by 2030. Factors driving the market growth include surge in the housing sector, increased expenditure on home furnishing, and different types of bedding available for home decor. In addition, the inflated demand for bedding products is likely to uplift the market growth during the forecast period.
The COVID-19 pandemic constituted a positive impact on market growth owing to the lockdown restrictions imposed by governments that resulted in an increase in the online sale of home bedding. Additionally, remote working facilities encouraged workers to stay indoors and work from home, which consequently upgraded their sleeping patterns. Thus, consumers were focused to spend more on bedding materials and accessories with the aim to maintain comfort, and overcome anxiety and sleeping disorders.
Mattress products as well as premium bedding products comprise effective benefits that include adjustable bases, and back support pillows, thus driving the demand and market growth during the forecast period. Additionally, consumers desire for good sleep has triggered the demand for bedding accessories that boosts the market growth in the forecast period.
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Home Bedding Market Report Highlights
• Based on type insights, the bed linen segment dominated the market with the highest revenue share of 25% in 2021 due to changes in consumer preferences, and demand for durability, comfort, and health
• The blanket segment is projected to expand at a CAGR of 7.9% in the forecast period owing to the increase in demand for blankets to survive the cold climate in Canada, Russia, the U.K, and the U.S
• Based on distribution channel insights, the offline distribution channel accounted for the highest revenue share of 65.0% in 2021 because of its high preference by shop owners that provided consumers with the best quality bedding products
• Based on regional insights, Asia Pacific upheld a 35% revenue share in 2021 owing to an increase in the availability of bedding textiles in both residential as well as commercial sectors
• During the forecast period, North America is expected to reveal a CAGR of 7.9% owing to increase in awareness in the population about quality and sustainable bedding products, and accessories available to combat sleeping issues
Home Bedding Market Report Segments
Home Bedding Type Outlook (Revenue, USD Million, 2017 - 2030)
• Bed Linen
• Mattress
• Pillows
• Blankets
• Others
Home Bedding Distribution Channel Outlook (Revenue, USD Million, 2017 - 2030)
• Offline
• Online
Home Bedding Regional Outlook (Revenue, USD Million, 2017 - 2030)
• North America
• U.S.
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• India
• Central & South America
• Brazil
• Middle East & Africa
List of Key Players of the Home Bedding Market
• Acton & Acton Ltd.
• American Textile Company
• Tempur Sealy International, Inc.
• Bombay Dyeing
• Casper Sleep Inc.
• Beaumont & Brown
• Pacific Coast Feather Company
• Crane & Canopy Inc.
• Peacock Alley
• Purple Innovation, Inc.
• The White Company
• Portico New York