Global Luxury Bedding Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

"Global Luxury Bedding Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global luxury bedding market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global luxury bedding market report has been segmented on the basis of product type, application, distribution channel, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Luxury bedding is used for decorative purpose for aesthetic beauty and for comfort. It is made up of natural materials such as silk and cotton, which are anti-microbial and are free of chemicals. Luxury bedding sets include duvets, comforters with covers, pillow shams, pillows, cushions, covers, and cotton sheets. luxury bedding has high air permeability and heat conductivity properties, which makes it a breathable fabric and helps in keeping warm in winters and cool in summers. Such bedding supposed to provide neck and back support during sleep, conforming to body and relieving pressure points. Now-a-days, manufacturers offer variety of luxury bedding according to the size of bedroom and bed frame.

The growing disposable income coupled with various government policies related to real estate has resulted in rise in home ownership rate, which in turn is supporting luxury bedding market growth. Furthermore, growth can be accounted to increasing purchasing power of people leading to increasing spend on home furnishing. With increasing awareness among people about the harmful effects of chemical-based mattress, the demand for eco-friendly mattresses is on the rise, further leading to high growth in demand for latex mattresses. In addition, the growing health awareness among consumers has been propelling the demand for luxury bedding market. Consumers are willing to pay extra amount for health-enhancing products. The sleep quality is becoming significant in the developed countries, thus leading to increasing adoption of best quality bedding products.

Geographically, in Asia Pacific, people are increasing their budget to use technologically advanced mattresses, as compared to traditional bedding. These factors are posing lucrative opportunities for market players in luxury bedding market. In addition, launches of new brands by key players and increasing number of start-ups of luxury bedding expected to fuel the luxury bedding market growth in APAC region. Government initiatives such as, ‘Housing for All’ scheme by Indian government, joint ownership housing scheme by Chinese government, affordable home ownership scheme by the UK government, and similar other schemes in several other countries are driving the housing demand globally.

In 2015, Luna Mattress, manufacturer in US, designed smart mattresses which integrates Wi-Fi, a microphone and an array of sensors to monitor temperature, breathing and heart rate, as well as ambient light and humidity. Recently in June 2018, Airland Group, a Hong Kong-based sleep products manufacturer, has launched its new luxury brand name as ‘Therapedic’ throughout China at the recent Shenzhen International Furniture Exhibition.

Global Luxury Bedding Market Segmentation:

By Product Type:

• Comforters
• Duvet
• Pillows
• Mattress Pad and protectors
• Others (Bed Skirt and Furs)

By Application:

• Residential
• Commercial

By Distribution Channels:

• Online Channels
• Supermarkets
• Hypermarkets
• Specialty stores

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa