The Latin America, Middle East and Africa Home Bedding Market would witness market growth of 12.5% CAGR during the forecast period (2021-2027). The growth prospects of the home bedding market are bright due to the growing traction of low-profile beds and greyscale color palettes that follows the trend of simple bedrooms.
Moreover, the increasing adoption of adjustable beds, especially in baby boomers generation, is raising the demand for personalized mattresses & bed linens, thereby surging the demand for home bedding products around the world. The growth of the market has been driven by the flourishing housing industry and the increasing spending of customers on house furnishing.
Increasing awareness among people regarding health & wellness has motivated the consumers to maintain a healthy lifestyle and know about the health benefits of a product before buying it. For instance, certain e-commerce platforms have premium quality memory foam mattresses for sales at nominal costs than any other manufactures with natural fire-resistant materials and plant-based foams. The companies are aiming at natural material manufactured by bamboo, Tencel, and cotton to regulate moisture and offer more breathability. There are many companies that are also launching new woolen duvets and woolen comforter because it regulates temperature and provides moisture control and dust resistance quality.
There is a huge population base who is investing in home décor products according to the recent interior trend. Additionally, the leading players would witness profitable growth opportunities due to the increasing consumer preference and awareness about home bedding.
The Bed Linen market dominated the South Africa Home Bedding Market by Type in 2020, thereby, achieving a market value of $877.2 million by 2027. The Mattress market is showcasing a CAGR of 12.4% during (2021 - 2027). Additionally, the Pillows market is expected to witness highest CAGR of 13.5% during (2021 - 2027).
Based on Type, the market is segmented into Bed Linen, Mattress, Pillows, Blankets, and Other Types. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Home Bedding Market is Predict to reach $142.8 Billion by 2027, at a CAGR of 11.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Bombay Dyeing & Manufacturing Company Ltd. (Wadia Group), Casper Sleep, Inc., Beaumont & Brown Ltd., Boll & Branch LLC, Crane & Canopy, Inc., American Textile Company, Acton & Acton Limited, West Point Home LLC (Icahn Enterprises L.P.), Kingsdown, Inc., and Portico, Inc.
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