Luxury Bedding Market Scope
Luxury bedding refers to the bedding used for decorative purpose and comfort. It is up made of natural material such as silk or cotton, which are free from chemicals and are anti-microbial in nature. The material used in manufacturing bedding is lightweight, satin weave and solid colors. Beddings are washable and changed accordingly as per the requirement that improves sleep comfort at varying room temperatures.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | WestPoint (United States), Sferra (Italy), Pacific Coast (United States), Frette (Italy), Hollander (United States), CRANE & CANOPY (United States), Sampedro (Portugal), Luolai (United States), DEA (Italy), K&R Interiors (United States) and BELLINO (United States) |
CAGR | % |
Competition among existing players is due to the Luxury Bedding market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Luxury Bedding Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Luxury Bedding market throughout the predicted period.
WestPoint (United States), Sferra (Italy), Pacific Coast (United States), Frette (Italy), Hollander (United States), CRANE & CANOPY (United States), Sampedro (Portugal), Luolai (United States), DEA (Italy), K&R Interiors (United States) and BELLINO (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are ANICHINI, John Cotton, DEA, Yvesdelorme, KAUFFMANN, Fabtex, Remigio Pratesi, Canadian Down & Feather, Garnier Thiebaut and Peacock Alley.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Luxury Bedding market by Type , by Application (Commercial and Residential) and Region with country level break-up.
On the basis of geography, the market of Luxury Bedding has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In October 2023, The Company Store, a leading online retailer of premium quality textiles, home decor products, and all things comfort, announced its expansion into the luxury mattress market. Available to purchase beginning Nov. 1, The Company Store Mattress is made to order in the U.S. and features the exceptional craftsmanship and quality that The Company Store is known for.
In January 2024, Brooklyn Bedding, manufacturer, wholesaler, retailer, and direct-to-consumer distributor of award-winning sleep products, announced today the relaunch of its organic sleep line, EcoSleep, by adding two all-new GOTS (Global Organic Textile Standard) and GREENGUARD Gold Certified models, EcoSleep and EcoSleep Luxe.
Influencing Trend:
Trend of Hygiene, Anti-Bacterial Properties, Comfort, Hypo-Allergenic, And Dust Mite Resistance In Luxury Bedding and The Growing eCommerce Industry
Market Growth Drivers:
Benefits Associated with Luxury Bedding to improve Sleep Quality, Longevity, and Comfort, A Shift in the Importance of Sleep and Regulates Body Temperature by Absorbing Moisture
Challenges:
Intense Competition Among Manufacturer and Availability of Counterfeit Products
Restraints:
High Cost Associated With Luxury Bedding
Opportunities:
Rising Consumer Awareness and Changing Preferences for Bedding Products
Key Target Audience
Luxury Bedding Manufacturer, Raw Material Suppliers, Distributors/Traders/Wholesalers/Suppliers, Regulatory Bodies, Including Government Agencies And NGOs, Commercial Research & Development (R&D) Institutions, Importers and Exporters, Government Organizations, Research Organizations, And Consulting Firms, Trade Associations And Industry Bodies and End-Use Industries