Report ID: SQMIG25F2053
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.
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Report ID: SQMIG25F2053