Bedding Package Market Trends and Forecast
The future of the global bedding package market looks promising with opportunities in the household and commercial markets. The global bedding package market is expected to grow with a CAGR of 7.1% from 2024 to 2030. The major drivers for this market are increasing consumer demand for customizable bedding solutions and growing awareness of the importance of sustainable packaging materials.
• Lucintel forecasts that quilt is expected to witness the highest growth over the forecast period.
• Within this market, household is expected to witness the higher growth.
• APAC is expected to witness highest growth over the forecast period.
United States: In the United States, the bedding package market has seen notable developments with companies like Tempur Sealy International and Serta Simmons Bedding focusing on product innovation and sustainability. Tempur Sealy International announced initiatives to introduce eco-friendly bedding packages made from recycled materials, aligning with the governmentÄX%$%Xs emphasis on environmental sustainability. Serta Simmons Bedding has set targets to expand its market share by offering customizable bedding packages tailored to individual consumer preferences. The US governmentÄX%$%Xs initiatives to promote sustainable manufacturing practices through incentives and regulations have further encouraged companies to invest in eco-friendly packaging solutions.
India: In India, the bedding package market has experienced rapid growth, driven by the countryÄX%$%Xs expanding hospitality and real estate sectors. Companies like Kurlon Enterprise and Sleepwell have introduced initiatives to develop affordable bedding packages targeting middle-income consumers. Kurlon Enterprise aims to capture a larger share of the domestic market by offering value-added services such as doorstep delivery and installation. Sleepwell has set targets to penetrate rural markets with its innovative packaging designs and distribution channels. The Indian governmentÄX%$%Xs focus on affordable housing and infrastructure development has provided a conducive environment for market expansion in the bedding package segment.
China: In China, the bedding package market has witnessed robust growth, fueled by the countryÄX%$%Xs rising urbanization and disposable income levels. Key players like DeRUCCI and Sleemon have announced investments in research and development to innovate new bedding package designs and materials. DeRUCCI aims to increase its market share by offering premium bedding packages with advanced features such as temperature regulation and ergonomic support. Sleemon has set ambitious targets to expand its e-commerce presence and international market reach. The Chinese governmentÄX%$%Xs initiatives to boost domestic consumption and support the home furnishing industry through policies like the "New Retail" strategy have contributed to market growth.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Bedding Package by Segment
The study includes a forecast for the global bedding package by type, application, and region.
Bedding Package Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Quilt
• Pillow
• Cushion
• Blanket
• Others
Bedding Package Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Household
• Commercial
• Others
Bedding Package Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Bedding Package Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bedding package companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bedding package companies profiled in this report include-
• Ohaus
• American Weigh
• Myweigh
• Mettler Toledo
• Sartorius
• Shimadzu
• Radwag
Recent Development in the Bedding Package Market
Tempur Sealy International: Tempur Sealy International, a leading bedding manufacturer, has launched initiatives to develop sustainable packaging solutions. The company focuses on reducing plastic waste by introducing eco-friendly materials for bedding packages, aligning with consumer preferences for environmentally responsible products. Tempur Sealy InternationalÄX%$%Xs commitment to sustainability reflects its dedication to corporate social responsibility and environmental stewardship.
Kurlon Enterprise: Kurlon Enterprise, a prominent bedding company in India, offers customizable bedding packages tailored to individual consumer preferences. The companyÄX%$%Xs initiatives include the development of personalized bedding sets with options for mattress firmness, pillow types, and fabric materials. Kurlon EnterpriseÄX%$%Xs focus on customization enhances the overall customer experience and allows consumers to create their ideal sleep environment.
DeRUCCI: DeRUCCI, a leading bedding brand in China, has introduced premium bedding packages with advanced features to enhance sleep quality. The companyÄX%$%Xs initiatives include the integration of innovative technologies such as temperature regulation and ergonomic support into bedding products. DeRUCCIÄX%$%Xs focus on providing high-quality sleep solutions caters to the evolving needs of discerning consumers seeking superior comfort and relaxation.
Hilding Anders: Hilding Anders, a renowned bedding manufacturer based in Germany, has launched initiatives to develop organic and biodegradable bedding packages. The companyÄX%$%Xs initiatives aim to reduce environmental impact by using sustainable materials sourced from organic sources. Hilding AndersÄX%$%X commitment to eco-friendly practices aligns with the companyÄX%$%Xs values of promoting health and well-being for both consumers and the planet.
Features of the Global Bedding Package Market
Market Size Estimates: Bedding package market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Bedding package market size by type, application, and region in terms of value ($B).
Regional Analysis: Bedding package market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the bedding package market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bedding package market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for bedding package market?
Answer: The global bedding package market is expected to grow with a CAGR of 7.1% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the bedding package market?
Answer: The major drivers for this market are increasing consumer demand for customizable bedding solutions and growing awareness of the importance of sustainable packaging materials.
Q3. What are the major segments for bedding package market?
Answer: The future of the bedding package market looks promising with opportunities in the household and commercial markets.
Q4. Who are the key bedding package market companies?
Answer: Some of the key bedding package companies are as follows:
• Ohaus
• American Weigh
• Myweigh
• Mettler Toledo
• Sartorius
• Shimadzu
• Radwag
Q5. Which bedding package market segment will be the largest in future?
Answer: Lucintel forecasts that quilt is expected to witness the highest growth over the forecast period.
Q6. In bedding package market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the bedding package market by type (quilt, pillow, cushion, blanket, and others), application (household, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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