Global Sleeping Pillows Market Overview:
Sleeping pillow a type of sleeping tool made up of cotton or foam, is used to give support to head while sleeping to increase the comfort level of the user. Modern medical research utters that human spine is a straight line from the front view, but three physiological curves from the side view. Hence to protect the normal physiological neck bending, use of sleeping pillow is necessary. People are becoming more concerned about taking good and satisfying sleep, this will drive the sleeping pillow market
Attributes | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing attraction for Design advancement to increase comfort level and Innovative sleeping pillows for pregnant women are trending
Market Growth Drivers:
Growing demand to live more comfortable life and Rising disposable income
Challenges:
Availability of other Products and High Competition between Major Players
Restraints:
Excessive use of pillow may lead to health problems related to spinal cord and Expensive raw material to increase comfort level
Opportunities:
Improvement in standard of living and Increasing availability of numerous varieties of pillow
Competitive Landscape:
Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product.
Some of the key players profiled in the report are Hollander (United States), Wendre (Estonia), MyPillow (United States), Pacific Coast Bedding (United States), Pacific Brands (Australia), Tempur Sealy (United States), RIBECO (Spain), John Cotton (United Kingdom), Paradise Pillow (United States), Magniflex (United Kingdom), Comfy Quilts (United Kingdom), Maya Textile (Turkey), PATEX (Thailand), Latexco (Belgium), Romatex (South Africa) and Nishikawa Sangyo (Japan). Additionally, following companies can also be profiled that are part of our coverage like Baltic Fibres OÜ (Estonia), Czech Feather & Down (United States), Luolai (China), Fuanna (China) and Dohia (China). Analyst at AMA Research see United States Vendors to retain maximum share of Global Sleeping Pillows market by 2032.
Latest Market Insights:
In July 2023, Mattress manufacturers Tempur Sealy and Serta Simmons Bedding announced a joint venture to create a new company focused on developing and selling sleep technology products.
On October 26, 2023, Sleepme, a personalized sleep solutions company, announced a partnership with Bekaert, a leading steel wire technology company, to develop a new line of smart pillows with advanced pressure-mapping technology.
What Can be Explored with the Sleeping Pillows Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Sleeping Pillows Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Sleeping Pillows
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sleeping Pillows market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Sleeping Pillows market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers, Distributors/Traders/Wholesalers, Raw material suppliers, Industry Association, Downstream Vendors, Technology, equipment, and solution providers and Private utility players.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.