Bedding Market Size
|2020 - 2029
|Base Year For Estimation
|> 6.00 %
|Fastest Growing Market
*Disclaimer: Major Players sorted in no particular order
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Bedding Market Analysis
The global bedding market is worth USD 79 billion in the current year, and it is expected to register a compound annual growth rate (CAGR) of greater than 6% in the forecast period.
With an increasing focus on sustainability, the bedding market witnessed a surge in demand for eco-friendly and sustainable bedding products. It includes bedding made from organic cotton, bamboo, linen, and other sustainable materials. Also, smart bedding became increasingly popular with the rise of the Internet of Things (IoT). Smart bedding includes temperature-regulating sheets, sleep-tracking mattresses, and pillows with built-in speakers.
Consumers are increasingly looking for bedding products that are comfortable, durable, and visually appealing. It led to a rise in demand for innovative and high-quality bedding products. Many companies now offer customizable bedding options, allowing consumers to choose the colors, patterns, and fabrics for their sheets, pillowcases, and duvet covers.
Due to COVID-19, as people started spending more time at home, they invested in their home environments, including bedding. The pandemic disrupted global supply chains, leading to changes in manufacturing processes. Some manufacturers had to adapt to new health and safety protocols, which led to delays and increased production costs. Post-COVID led to changes in consumer behavior, with many people becoming more health-conscious. It led to an increased interest in hypoallergenic bedding that is easy to clean.
Bedding Market Trends
Home Bedding is Dominating the Market
The home bedding segment was experiencing higher growth than other market segments. This growth is driven by several factors, including changing consumer preferences, increasing disposable incomes, and rising awareness about the importance of good sleep hygiene. Consumers are increasingly looking for high-quality and comfortable bedding products to enhance their sleep experience, which led to a surge in demand for home bedding products. Moreover, a wide range availability of bedding products in various sizes, colors, and designs further fueled this segment's growth.
The e-commerce growth also played a significant role in the growth of the home bedding market, as consumers are increasingly turning to online shopping for convenience, affordability, and a wider range of products to choose from. Overall, the home bedding market is expected to grow in the coming years, driven by consumers' increasing demand for high-quality, comfortable bedding products.
E Commerce is Driving the Market
The growth of e-commerce also played a significant role in the growth of the home bedding market, as consumers are increasingly turning to online shopping for convenience, affordability, and a wider range of products to choose from. Recently, e-commerce is a major driving force in the bedding market. Online shopping revolutionized how consumers buy bedding products, providing greater convenience, selection, and often lower prices than traditional brick-and-mortar stores. E-commerce also allowed bedding companies to reach a wider audience, expand their customer base, and increase sales. Online marketplaces such as Amazon, Wayfair, and Overstock became popular destinations for bedding product shopping. Many bedding companies also launched e-commerce websites, allowing them to sell directly to consumers and bypass traditional retail channels.
Furthermore, e-commerce enabled bedding companies to provide customers with a more personalized shopping experience. Using data analytics and machine learning, companies can analyze customer preferences and behavior and provide personalized recommendations and product offerings. It helped improve customer satisfaction and loyalty.
Bedding Industry Overview
The market studied is competitive and fragmented globally. With technological advancements and product innovations, midsize to smaller companies are increasing their market presence by securing new contracts and tapping into new markets. The leading brands are opening exclusive stores for special products. The companies are also promoting, differentiating, and selling limited editions to increase their visibility and brand awareness in the market. The report covers major international players operating in the global bedding market. The major players in the market are Acton & Acton Ltd., American Textile Company, Tempur Sealy International, Inc., Sleep Number Corporation, and Bombay Dyeing.
Bedding Market Leaders
American Textile Company
Tempur Sealy International, Inc.
Sleep Number Corporation
Hollander Sleep Products LLC
*Disclaimer: Major Players sorted in no particular order
Bedding Market News
- March 2023: VFI Group partnered with US-based Setra Simmons to manufacture high-end bedding in India. The collaboration includes setting up two units for manufacturing high-end luxury mattresses for the Indian market.
- January 2022: Sleep Number, a US-based manufacturer of smart mattresses and bedding products, announced the latest 360 Smart Bed range upgrades. It includes detecting potential sleep problems such as insomnia and sleep apnea.
Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS AND DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness: Porter's Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Insights into Technological Advancements in the Industry
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Home Bedding
5.1.2 Hotel Bedding
5.2 By Distribution Channel
5.2.1 Supermarkets / Hypermarkets
5.2.2 Specialty Stores
5.2.4 Other Distribution Channels
5.3 By Geography
5.3.1 North America
22.214.171.124 United States
126.96.36.199 Rest of the North America
188.8.131.52 Rest of the Asia-Pacific
184.108.40.206 United Kingdom
220.127.116.11 Rest of the Europe
5.3.4 South America
18.104.22.168 Rest of the South America
5.3.5 Middle East and Africa
22.214.171.124 United Arab Emirates
126.96.36.199 Saudi Arabia
188.8.131.52 South Africa
184.108.40.206 Rest of the Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 American Textile Company
6.2.2 Tempur Sealy International, Inc.
6.2.3 Sleep Number Corporation
6.2.4 Bombay Dyeing
6.2.5 Casper Sleep Inc.
6.2.6 Hollander Sleep Products LLC
6.2.7 Beaumont & Brown
6.2.8 Pacific Coast Feather Company
6.2.9 Crane & Canopy Inc.
6.2.10 Serta Simmons Bedding
6.2.11 The White Company Portico New York
6.2.12 Best Bed Linen Ltd.
6.2.13 Boll and Branch LLC
6.2.14 Serena and Lily Inc.*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Frequently Asked Questions
What is the current Bedding Market size?
The Bedding Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)
Who are the key players in Bedding Market?
American Textile Company, Tempur Sealy International, Inc., Sleep Number Corporation, Bombay Dyeing and Hollander Sleep Products LLC are the major companies operating in the Bedding Market.
Which is the fastest growing region in Bedding Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Bedding Market?
In 2024, the North America accounts for the largest market share in Bedding Market.
What years does this Bedding Market cover?
The report covers the Bedding Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Bedding Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Bedding Industry Report
Statistics for the 2024 Bedding market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Bedding analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.