USD 8.32 billion Growth in Sleeping Pillow Market Size with 35% Contribution from APAC - Technavio

News provided by

Aug 31, 2022, 10:35 ET

NEW YORK, Aug. 31, 2022 /PRNewswire/ -- The latest market analysis report titled Sleeping Pillow Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026 has been added to Technavio's catalog. The report predicts the market to witness an accelerating growth momentum at a CAGR of 6.3% during the forecast period. The analysts at Technavio have categorized the global sleeping pillow market as a part of the global home furnishings market. Our report provides extensive information on the value chain analysis for the sleeping pillow market, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Latest market research report titled Sleeping Pillow Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026 has been announced by Technavio which is proudly partnering with Fortune 500 companies for over 16 years

For insights on the scope and value chain analysis, Read a FREE Sample Report

Sleeping Pillow Market Dynamics

Key Driver: The growth in the hotel industry is one of the key drivers supporting the sleeping pillow market growth. In 2021, the US travel and tourism sector had a year-over-year growth of 35.6%, representing an increase of $393 billion, for a total contribution of nearly $1.5 trillion to the US GDP. Thus, the overall growth in the tourism sector will increase the demand for hotels globally and thereby driving the sleeping pillows market during the forecast period.

Key Trend: Growing sales of sleeping pillows online is one of the key sleeping pillow market trends contributing to the market growth. There is a rise in the adoption of smartphones and an increase in Internet penetration across the globe, which is leading to online shopping growth. Such convenience offered by online shopping will propel the sleeping pillow market growth during the forecast period.

Key Challenge: Health issues related to low-quality pillows will be one of the factors hampering the sleeping pillow market growth. Primarily, a low-quality sleeping pillow aggravates back pain, while an overstuffed pillow results in an unnatural sleeping position.

More details on other key market dynamics are available at Technavio. Download Sample Now!

Sleeping Pillow Market Distribution Channel Landscape

Offline: The sleeping pillow market share growth in the offline segment will be significant during the forecast period. Organized retailing is an integral part of offline distribution. Consumers prefer buying sleeping pillows from hypermarkets, supermarkets, and departmental stores as they can choose from a wide portfolio of products, closely evaluate them, and get the required support and information from customer service personnel available at stores. Such convenience of shopping through offline stores will drive the sleeping pillow market growth during the forecast period.
Online

Sleeping Pillow Market: Geography Landscape

APAC: 35% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for the sleeping pillow market in APAC. Market growth in this region will be faster than the growth of the market in other regions. The significant growth of the hospitality industry will facilitate the sleeping pillow market growth in APAC over the forecast period.
Europe
North America
MEA
South America

Download your Sample PDF Copy to retrieve segment-wise contributions and regional opportunities

Sleeping Pillow Market Vendor Landscape

The sleeping pillow market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Companies Covered:

Beyond textiles GmbH
Comfy Group
CVB Inc.
Czech Feather and Down Co.
Hanesbrands Inc.
Hollander Sleep Products LLC
John Cotton Europe Sp. z o
Latexco LLC
My Pillow Inc.
Nanfang Bedding
Pacific Coast Feather Co.
Polyflex India Pvt. Ltd.
Richard Behr and Co. GmbH
Romatex
Shenzhen Fuanna Household Products Co. Ltd.
Tempur Sealy International Inc.
Thrasio LLC
Wendre Group
Suzhou Nuoyiman Industry Co. Ltd.

Want Extensive Vendor-Specific Insights? Get a PDF Sample Copy

What our reports offer:

Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers market data for 2020, 2021, until 2025
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

Related Reports:

Latex Pillow Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026

Pillows Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

Sleeping Pillow Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 6.3%
Market growth 2022-2026	$ 8.32 billion
Market structure	Fragmented
YoY growth (%)	5.52
Regional analysis	APAC, Europe, North America, Middle East and Africa, and South America
Performing market contribution	APAC at 35%
Key consumer countries	US, China, India, Germany, and UK
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Beyond textiles GmbH, Comfy Group, CVB Inc., Czech Feather and Down Co., Hanesbrands Inc., Hollander Sleep Products LLC, John Cotton Europe Sp. z o, Latexco LLC, My Pillow Inc., Nanfang Bedding, Pacific Coast Feather Co., Polyflex India Pvt. Ltd., Richard Behr and Co. GmbH, Romatex, Shenzhen Fuanna Household Products Co. Ltd., Tempur Sealy International Inc., Thrasio LLC, Wendre Group, and Suzhou Nuoyiman Industry Co. Ltd.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Content

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

5.1 Market segments

Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)

5.2 Comparison by Distribution Channel

Exhibit 26: Chart on Comparison by Distribution Channel
Exhibit 27: Data Table on Comparison by Distribution Channel

5.3 Offline - Market size and forecast 2021-2026

Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)

5.4 Online - Market size and forecast 2021-2026

Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)

5.5 Market opportunity by Distribution Channel

Exhibit 36: Market opportunity by Distribution Channel ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 38: Chart on Market share by geography 2021-2026 (%)
Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison

7.3 APAC - Market size and forecast 2021-2026

Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026

Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 North America - Market size and forecast 2021-2026

Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.6 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.7 South America - Market size and forecast 2021-2026

Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026

Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026

Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 India - Market size and forecast 2021-2026

Exhibit 70: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on India - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on India - Year-over-year growth 2021-2026 (%)

7.11 Germany - Market size and forecast 2021-2026

Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.12 UK - Market size and forecast 2021-2026

Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography

Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 83: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 85: Overview on factors of disruption

9.4 Industry risks

Exhibit 86: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 87: Vendors covered

10.2 Market positioning of vendors

Exhibit 88: Matrix on vendor position and classification

10.3 Comfy Group

Exhibit 89: Comfy Group - Overview
Exhibit 90: Comfy Group - Product / Service
Exhibit 91: Comfy Group - Key offerings

10.4 Hanesbrands Inc.

Exhibit 92: Hanesbrands Inc. - Overview
Exhibit 93: Hanesbrands Inc. - Business segments
Exhibit 94: Hanesbrands Inc. - Key offerings
Exhibit 95: Hanesbrands Inc. - Segment focus

10.5 Hollander Sleep Products LLC

Exhibit 96: Hollander Sleep Products LLC - Overview
Exhibit 97: Hollander Sleep Products LLC - Product / Service
Exhibit 98: Hollander Sleep Products LLC - Key offerings

10.6 John Cotton Europe Sp. z o

Exhibit 99: John Cotton Europe Sp. z o - Overview
Exhibit 100: John Cotton Europe Sp. z o - Product / Service
Exhibit 101: John Cotton Europe Sp. z o - Key offerings

10.7 My Pillow Inc.

Exhibit 102: My Pillow Inc. - Overview
Exhibit 103: My Pillow Inc. - Product / Service
Exhibit 104: My Pillow Inc. - Key offerings

10.8 Pacific Coast Feather Co.

Exhibit 105: Pacific Coast Feather Co. - Overview
Exhibit 106: Pacific Coast Feather Co. - Product / Service
Exhibit 107: Pacific Coast Feather Co. - Key offerings

10.9 Polyflex India Pvt. Ltd.

Exhibit 108: Polyflex India Pvt. Ltd. - Overview
Exhibit 109: Polyflex India Pvt. Ltd. - Product / Service
Exhibit 110: Polyflex India Pvt. Ltd. - Key offerings

10.10 Richard Behr and Co. GmbH

Exhibit 111: Richard Behr and Co. GmbH - Overview
Exhibit 112: Richard Behr and Co. GmbH - Product / Service
Exhibit 113: Richard Behr and Co. GmbH - Key offerings

10.11 Tempur Sealy International Inc.

Exhibit 114: Tempur Sealy International Inc. - Overview
Exhibit 115: Tempur Sealy International Inc. - Business segments
Exhibit 116: Tempur Sealy International Inc. - Key offerings
Exhibit 117: Tempur Sealy International Inc. - Segment focus

10.12 Wendre Group

Exhibit 118: Wendre Group - Overview
Exhibit 119: Wendre Group - Product / Service
Exhibit 120: Wendre Group - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 121: Inclusions checklist
Exhibit 122: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 123: Currency conversion rates for US$

11.4 Research methodology

Exhibit 124: Research methodology
Exhibit 125: Validation techniques employed for market sizing
Exhibit 126: Information sources

11.5 List of abbreviations

Exhibit 127: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio