USD 28.09 billion
Report ID:
SQMIG25F2053 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|Tables:
87
|Figures:
76
Global Bedroom Linen Market size was valued at around USD 28.09 billion in 2022 and is poised to grow from USD 30.22 billion in 2023 to USD 54.31 billion by 2031, at a CAGR of 7.6% over the forecast period (2024–2031).
The company is growing greatly in part due to the housing or hospitality industries' latest growth. Additionally, another factor fueling the growth of the industry is consumers' rising tendency to spend money on house furnishings. 665 net hotels had launched in the U.S. as of October 2021, with 85,306 rooms total, according to a Hotel Tech Report article. Due to the fact that excellent bedsheets improve the character of rooms, hotels are perpetually in need of them.
The market for bedroom linens will continue to be driven by the hospitality industry's ongoing development, particularly in developing nations. In the Asia Pacific Region, 454 hotels with 103,832 rooms opened their doors in the second half of 2021, according to a Top Hotel report. In terms of hotel growth, China leads the Asia Pacific region, closely followed by India and Australia. As a result, these areas will utilize the most bed linen. People are spending more on home furnishings like bedroom linen because they are interested in remodeling their houses again. Nearly 74 million Americans finished a home remedial project during the pandemic, according to a Comscore study.
Additionally, preferences for bed linens differ from the area to region. All people should have at least two sheets, but more if they live in a humid region, says Anki Spets, owner of the bedding business region Home. Since sustainability is still the main factor affecting consumers' purchasing choices, numerous businesses have begun to offer green and nontoxic products. These items are produced free of chemicals organic cotton, linen, hemp, and tencel. For instance, the bedding from produced Trade is manufactured from materials like bamboo lyocell and tencel eucalyptus and is organic and sustainable.
Consumer attention can grow as more companies make inroads into this specialized market. Particularly among wealthy customers, the practice of customizing bedroom linen has become popular. This is accomplished through a number of online platforms, where customers can select the product of their choosing from a range of fabrics, sizes, colors, and weights. Customized weighted blankets are available from companies like Mosaic Weighted Blankets, where customers can pick and choose what they want in a blanket. In addition, they provide antimicrobial blankets for hospitals and other comparable facilities.
US Bedroom Linen Market is poised to grow at sustainable CAGR for the next forecast year.
Global Market Size
USD 28.09 billion
Largest Segment
Sheets & Mattress Covers
Fastest Growth
Blankets/Quilts/Comforters
Growth Rate
7.6% CAGR
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Global Bedroom Linen Market is segmented based on product, application, distribution channel and region. Based on product the market is segmented into sheets & mattress covers, blankets/quilts/comforters, pillowcases & covers and others (curtains, bed pads). Based on application the market is segmented into residential and commercial. Based on the distribution channel the market is segmented into offline and online. Based on region the global bedroom linen market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Bedroom Linen Market Analysis by Product
The company has been further divided into sheets and mattress covers, blankets, quilts, and comforters, pillowcases, and covers, among additional groups. (Curtains, bed pads). In 2022, the sheets and mattress cover product category dominated the world market and generated more than 43.25% of all revenue. Almost all houses and motels require this item on a regular basis. Consumers put an effort to coordinate the sheets and mattress protectors to the room designs.
This segment is a sizable category in the product segment because it offers a wide range of design choices, including floral, geometric, and checks. The section will keep expanding as more construction takes place in the housing and hospitality industries. The product category for blankets, quilts, and comforters is predicted to expand at the fastest CAGR between 2023 and 2030. There are numerous choices in this category for fabrics and fabric thickness. The development of this market will be fueled by innovations like the use of polyester microfiber fabric to shield mattresses from spills and stains.
Bedroom Linen Market Analysis by Distribution Channel
In 2022, the offline sales channel segment dominated the market and was responsible for the highest revenue share of more than 50.10 percent. A key element influencing bedding linens' sales is their quality. Customers prefer to purchase these goods from stores or brand sites rather than risking the quality. Offline channels also have salespeople in the field who can assist with any client questions right away. Due to the quicker purchase procedure, consumers favor this market segment. Over the forecast period, the segment for online distribution channels is expected to expand at the fastest CAGR.
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In 2022, the Asia Pacific region held the lion's share of the market, contributing more than 41.35% of worldwide revenue. Throughout the forecast period, the area will continue to grow at the fastest CAGR while maintaining its dominant market position. The primary driver of market development in this region is the quickly expanding housing and hospitality industries. According to the most recent CBRE survey, USD 10 billion was invested in hotels across Asia Pacific. With operating profits almost at pre-pandemic levels and confidence in this region's performance, this industry will likely continue to expand, which will favorably impact the market for bed linen.
The Middle East & Africa is anticipated to grow quickly. A lot of tourists visit these nations all year long, including the UAE, Egypt, Oman, Saudi Arabia, and Morocco. According to a study from the UAE Ministry of Economy, there will be 1,089 hotels operating in the nation by 2020, with a total of 180,000 rooms. The hospitality industry is expected to expand as long as there are ongoing investments made in the tourist sectors of places like Qatar, Dubai, Abu Dhabi, and Cairo. As a result, the Middle East and Africa are seen as profitable markets for bed linen.
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Bedroom Linen Market Drivers
Increasing Demand from Hospitality Industry to Bolster Growth Opportunities
Bedroom Linen Market Restraints
High Competition to Hinder Market Growth
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A small number of well-established players and recent entrants characterize a company. To draw in more customers, many major companies are putting more of an emphasis on introducing new goods. To keep their market dominance, businesses are diversifying the products in their portfolios.
Top Player’s Company Profiles
Bedroom Linen Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our analysis, we found that the Bedroom Linen market is growing greatly in part due to the housing or hospitality industries' latest growth. Additionally, another factor fueling the growth of the industry is consumers' rising tendency to spend money on house furnishings. 665 net hotels had launched in the U.S. as of October 2021, with 85,306 rooms total, according to a Hotel Tech Report article. Due to the fact that excellent bedsheets improve the character of rooms, hotels are perpetually in need of them. Consumers are increasingly looking for customized and personalized bedroom linen products, which reflect their unique tastes and preferences. This trend has led to an increase in the number of companies offering customization options, such as monogramming, embroidery, and unique designs.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 28.09 billion |
Market size value in 2031 | USD 54.31 billion |
Growth Rate | 7.6% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Bedroom Linen Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Bedroom Linen Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Bedroom Linen Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Bedroom Linen Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG25F2053
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