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Luxury Bedding Market

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The global luxury bedding market was valued at US$ 2.02 billion in 2017 and is expected to expand at a CAGR of 2.6 % in terms of revenue, during 2018– 2025
Luxury Bedding Market - Size, Share, Trends, and
Forecast till 2025
Luxury bedding is used for decorative purpose for aesthetic beauty and for comfort.
Luxury bedding are made of natural materials such as silk and cotton, which are
anti-microbial and are free of chemicals. Colored luxury bedding have soft hues
made of organic vegetable dyes. Most of the luxury bedding are produced in Europe,
where the use of chemical ingredients is restricted.
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Most of the luxury bed items are of white and ivory color. Luxury mattresses and
pillows are supposed to provide neck and back support during sleep, conforming to
body and relieving pressure points. Luxury sheets and bedding also induce deep
slumber as they are less abrasive to touch and softer due to better weaving, ample
threads, and rawness of materials.
The global luxury bedding market was valued at US$ 2.02 billion in 2017, and is
expected to expand at a CAGR of 2.6 % in terms of revenue, during 2018– 2025.
Luxury bedding offers benefits such as peace of mind and aids in deep sleep, which
is expected to be major factor for increasing demand among consumers, which in
turn drives growth of the global luxury beddings market.
Among distribution channels, online channel segment exhibited significant growth in
2017, and it is expected to grow during the forecast period, owing to increasing
e-commerce sector. Luxury bedding products are available in the market with
different varieties, colors, and patterns. Discounts offered by online channels helps in
retaining consumers, which could increase growth of the market. E-commerce allows
mattress and textile startups to purchase products directly from manufacturers and
sell directly to consumers, which reduces transportation charges and allows for a
significant reduction in the price of luxury goods.
Europe accounted for the largest revenue share of 33% in the global luxury bedding
market in 2017, and is expected to maintain its dominance over the forecast period.
The main factor attributed for growth of Europe in luxury bedding market is due to
high presence of key players and new strategies employed by them for business
expansion. For instance, in 2017, Eden council company acquired luxury bedding
company which has been supplying bedding products to high end hotels in Europe.
The company offers duvets, pillows, mattress toppers, and protectors. Furthermore,
luxury bedding have high air permeability and heat conductivity properties, which
makes it a breathable fabric and helps in keeping warm in winters and cool in
summers. As Linen fabric is used to make the luxury bedding it has useful properties
such as filtering, ventilating, moisture absorbing, bacteria resistant and evaporating
capabilities. Linen luxury bedding such as linen bed sheets are anti-allergic thus it is
mostly recommended for people with skin diseases and children.
Asia Pacific is expected to account for significant market share in the global luxury
bedding market, in terms of revenue over the forecast period. Launches of new
brands by key players and increasing number of start-ups of luxury bedding in the
region is expected to drive growth in the market. Key players and startups are
employing similar strategies as traditional luxury brands to expand business. For
instance, in June 2018, Airland Group which is a Hong Kong-based sleep products
manufacturer company has launched new luxury brand name as ‘Therapedic’
throughout China at Shenzhen International Furniture Exhibition.
Major Players in the Global Luxury Bedding Market
Some of the key players operating in the global luxury bedding market include Frette
Inc., WestPoint Home LLC, Hollander Sleep Products LLC, Crane & Canopy Inc.,
Sampedro LDA, Anichini Inc., Sleepy's, LLC, Peacock Alley Inc., Fabtex, Inc., Luolai
Lifestyle Technology Co., Ltd, John Cotton Group Ltd, Anderson Avenue, Eastern
Accents, and DownTown Company.
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Author
apeksha motghare
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