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.
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