Home > Pressrelease > Bed Linen Market worth over $35.81 Bn by 2028
Bed Linen Market worth over $35.81 Bn by 2028
- Published Date: March 2, 2022
Bed Linen Market size is expected to surpass USD 35.81 billion by 2028, according to a new research report by Global Market Insights Inc.
Urbanization leads to a compact lifestyle, which eventually makes living more minimalistic. Modernized home living results in the purchasing of innovative & customized furniture, thereby increasing the demand for decorative designs in home linen products.
The global hotel & hospitality industry recovery, increasing population, growing per capita income, the rising construction sector, and changing home décor & furniture trends are set to drive the bed linen market. The changing healthcare scenario had a major impact on the demand for bed linen products. The increasing awareness about personal hygiene and a healthy lifestyle will fuel the growth in the manufacturing of ergonomically suitable, more comfortable, and personalized bed linen products.
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Due to the COVID-19 pandemic, most professional workers are currently working from home and are spending more time on their beds. This factor has a substantial impact on consumer spending to maintain their rest patterns and sleep setup, thus boosting the sales of bed linen items worldwide.
Commercial segment accounted for around 36% of the bed linen market share in 2021. The rising urbanization in developing economies is one major factors augmenting the demand in the commercial sectors. Moreover, the growing number of hospitals and clinics in Asia Pacific and North America regions is also anticipated to enhance the adoption of bed linen products.
Browse key industry insights spread across 250 pages with 260 market data tables & 30 figures & charts from the report, “Bed Linen Market Size By Product (Sheets, Pillowcases, Duvet Covers), By Material (Cotton, Silk, Polyester, Linen), By Distribution Channel (Wholesalers/Distributors, Hypermarkets/Supermarkets, Specialty Stores, Online Retailers), By End-user (Residential, Commercial), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2022 – 2028”, in detail along with the table of contents:
The rising pillowcase segment despite increased raw material costs
The pillowcase segment is poised to grow at over 5.6% CAGR through 2028 owing to rising demand in the home décor & furniture application. The increasing consumer spending on pillowcases and duvet covers is a result of the evolving home décor. Consumer demands are changing, since the last few years, and they are now more focused on quality sleep, skin suitable soft & non-chemical fabric, quality pilled, and comfort.
Rising demand for silk material
The silk material segment dominated with above 11% of the bed linen market volume share in 2021 and is projected to reach nearly USD 7 billion by 2028. Manufacturers are focusing on smoothness, neatness, weight, and durability in bed linen products. Silk is produced naturally, and its raw material is easily available. Increasing eco-friendly approaches and evolving sustainable attitudes among consumers are increasing the popularity of silk globally.
Online retailing to capture considerable market revenue
The online retailers segment is likely to register growth rate of about 6.6% through 2028. One of the main benefits of using online platforms is the availability of a wide range of products with different specifications, followed by timesaving & economic benefits. In the past few years, the consumer mindset about online buying has changed and the frequency of online buying has increased. The closing of borders, supply-demand disruptions, and lockdowns led by the healthcare crisis are some of the factors accountable for the changing consumer buying patterns. Rapidly changing technologies and huge investments by online selling platforms in research & development activities will further support the industry growth.
Rising demand in Europe due to growing tourism industry
In 2021, Europe bed linen market held around 29% of the revenue share and is predicted to witness 6.4% gain during 2022 to 2028 driven by rising tourism industry. With over 700 million inbound tourists arriving every year in the region, Europe is the global leader in international tourism.
Some of the key market players include Beamount & Brown Ltd., Acton and Acton Ltd., American Textile Co., Welspun India Ltd, Crane and Canopy Inc., Bombay Dyeing, American Textile System, and Pacific Coast Feather Company among others.