The Global Market for Bed and Bath Linen is Projected to Exceed $85 Billion by 2022

Advancements in Thread Counts, Fiber Combinations, Textures, Fabrics, Designs, and Colours to Drive Demand in the Bed & Bath Linen Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Bed and Bath Linen market. The global market for Bed and Bath Linen is projected to exceed $85 billion by 2022, driven by favourable demographic and economic trends and various technology developments and the ensuing availability of products in a wide array of fiber combinations, textures, fabrics, designs, and colors.

The global bed and bath linen market has transformed over the years from a dull, predictable and slow growth market into an aggressive, dynamic and huge market. Technology advances, and research and development of new materials are driving growth in the global bed and bath linen market. The market has been witness to numerous new product innovations and launches over the years, resulting in a wide array of choices for consumers ranging from general-purpose and economical products to specialized products and high-priced/premium/luxury bed and bath linen. The recovering economic environment is also expected to stimulate demand for premium products, which was previously bogged down by poor consumer confidence. Increasing housing construction and renovation activities and rising interests in home decoration are expected to drive the global market in the coming years as demand for bed and bath linen is directly proportional to the number of houses. Stylish, fashionable products in attractive colors and embellished designs continue to be the hot products in the global bed and bath linen market.

Future growth in the market will be driven by various technology developments in thread count, fiber combinations, textures, fabrics, designs, and colors. Performance apparel technologies are increasingly being leveraged in the manufacture of bed and bath linen. Bed sheets and towels made from moisture-wicking fabric, insulating textiles, antimicrobial textiles, stain- and UV-resistant fabrics, and fragrance encapsulating materials are growing in prominence benefiting market adoption. Other macro factors that are expected to benefit market prospects in the coming years include rising levels of extravagance in the home decoration arena; wider acceptance of premium and designer bed and bath linen beyond Western borders; growing prominence of online retail that offer wider product choices in all sizes, varieties and prices, and easy-to-order customized bed and bath linen; faster replacement cycles requiring more frequent purchases by consumers; popularity of stylish yet comfortable bed and bath linen; and increasing awareness and knowledge about bedding products and the health benefits that can be derived from good sleep using high-quality bedding products.

As stated by the new market research report on Bed and Bath Linen, Asia-Pacific represents the largest and the fastest growing market worldwide with a CAGR of 6.5% over the analysis period. Key factors driving growth in the region include stable economic growth of developing Asian economies, rising number of nuclear family households, availability and access to a range of products through expanding retail network, and higher spending power of the middle class population. Lower prices and labour costs in Asian countries such as China and India have predominantly led to increase in global exports from these countries. China, especially, leads global bed linen exports in terms of both volume and value. Of late, Pakistan, Vietnam, and Bangladesh have emerged as export competitors to China and India. Other significant global manufacturers include Turkey, Brazil, Portugal, USA, Spain, Japan, New Zealand, and Australia.

Key players covered in the report include Acton & Acton Ltd., American Textile Company, American Textile Systems, Beaumont & Brown Ltd., Boll & Branch LLC, Crane & Canopy Inc., Cuddledown Marketing, LLC, Dunelm Group plc, Frette SRL, Hollander Sleep Products, I Love Linen, Inter IKEA Systems B.V., Paradise Pillow Inc., Peacock Alley, Sunvim HomeTextiles Co., Ltd., Tempur Sealy International, Inc., The Victoria Linen Co., Ltd., The White Company, Trident Group, Welspun India Ltd., and Yorkshire Linens Co., among others.

The research report titled “Bed and Bath Linen: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of current market trends, key growth drivers, mergers, acquisitions, and other strategic industry activities of major companies. The report provides market estimates and projections in dollars for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil, and Rest of Latin America), and Rest of World. Product segments analyzed in the report include Bed Linen, and Bath Linen.

Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.

Comments

Popular posts from this blog

The Global Market for Surfing is Projected to Reach US$9.5 Billion by 2022

The Global Market for Private Tutoring Services is Forecast to Reach US$227 Billion by 2022