Sleeping Pillow Market Analysis, Demand, Regional Analysis, Share and Growth Factors to Forecast till 2027
Market Overview
The Sleeping Pillow Market Analysis is estimated to expand at a striking CAGR OF 4.5% to reach a valuation of USD 15.35 Billion by the end of the forecast period till 2024. This growth is attributable to the expanding commercial sector and especially the hostels, hotels, hospitals, and guest houses globally. Additionally, r
ising importance for maintaining the body alignments and posture for continuous sleep is increasingly adopting the pillow and in turn, is benefiting the Sleeping Pillow Market Analysis.
According to research conducted by the American Academy of Sleep Medicine, 24% of women and 40% of men are habitual to snoring in 2018, and this number is likely to increase owing to the increasing prevalence of obesity and other sleep disorders. The snoring is associated with other health problems such as sleep disorder, stroke, heart disease, and diabetes. In order to solve the sleeping and snoring problems, the key players are increasingly introducing the more comfortable pillows. The advent of newer technologies and material is likely to fuel growth of the global Sleeping Pillow Market Analysis.
Segmental Analysis
The target sleeping pills is segmented based on type, distribution channel, end-user, and region.
In terms of type, the global Sleeping Pillow Market Analysis is categorized into feather sleeping pillows, buckwheat sleeping pillows, memory foam sleeping pillows, down sleeping pillows, microbead sleeping pillows, and others. Of these, the memory foam sleeping pillows segment is estimated to be a leading segment and will expand at the fastest growth rate in the coming time.
Regional Analysis
Based on the region, the market is segmented into Europe, the Americas, Asia Pacific, the Middle East, and Africa. Of these, Asia Pacific is anticipated to hold the lion’s share in the global Sleeping Pillow Market Analysis and will expand by exhibiting the fastest CAGR during the forecasted period. Among the region, China and India are the major markets in the region in terms of revenue. Expanding the commercial and residential sectors in the region is majorly responsible for massive growth in the global Sleeping Pillow Market Analysis. Additionally, a robust population in the region is estimated to drive market growth during the estimated timeframe.
Competitive Analysis:
The key players operating in the global Sleeping Pillow Market Analysis include Hollander, Inc, Wendre AS, American Textile Company, Romatex Home Textile (Pty) Ltd, Luolai Lifestyle Technology Co., Ltd, Hunan Mendale Hometextile Co., Ltd, My Sleeping pillow, Inc., Paradise Sleeping Inc., Hanse Textilvertrieb GmbH, Magniflex, Latexco N.V., Maya Textile Ind., and Sheela Foam Limited.
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited), 99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
Email: sales@marketresearchfuture.com
Sleeping Pillow Market Analysis, Demand, Regional Analysis, Share and Growth Factors to Forecast till 2027
Market Overview
The Sleeping Pillow Market Analysis is estimated to expand at a striking CAGR OF 4.5% to reach a valuation of USD 15.35 Billion by the end of the forecast period till 2024. This growth is attributable to the expanding commercial sector and especially the hostels, hotels, hospitals, and guest houses globally. Additionally, r
ising importance for maintaining the body alignments and posture for continuous sleep is increasingly adopting the pillow and in turn, is benefiting the Sleeping Pillow Market Analysis.
According to research conducted by the American Academy of Sleep Medicine, 24% of women and 40% of men are habitual to snoring in 2018, and this number is likely to increase owing to the increasing prevalence of obesity and other sleep disorders. The snoring is associated with other health problems such as sleep disorder, stroke, heart disease, and diabetes. In order to solve the sleeping and snoring problems, the key players are increasingly introducing the more comfortable pillows. The advent of newer technologies and material is likely to fuel growth of the global Sleeping Pillow Market Analysis.
Segmental Analysis
The target sleeping pills is segmented based on type, distribution channel, end-user, and region.
In terms of type, the global Sleeping Pillow Market Analysis is categorized into feather sleeping pillows, buckwheat sleeping pillows, memory foam sleeping pillows, down sleeping pillows, microbead sleeping pillows, and others. Of these, the memory foam sleeping pillows segment is estimated to be a leading segment and will expand at the fastest growth rate in the coming time.
Regional Analysis
Based on the region, the market is segmented into Europe, the Americas, Asia Pacific, the Middle East, and Africa. Of these, Asia Pacific is anticipated to hold the lion’s share in the global Sleeping Pillow Market Analysis and will expand by exhibiting the fastest CAGR during the forecasted period. Among the region, China and India are the major markets in the region in terms of revenue. Expanding the commercial and residential sectors in the region is majorly responsible for massive growth in the global Sleeping Pillow Market Analysis. Additionally, a robust population in the region is estimated to drive market growth during the estimated timeframe.
Competitive Analysis:
The key players operating in the global Sleeping Pillow Market Analysis include Hollander, Inc, Wendre AS, American Textile Company, Romatex Home Textile (Pty) Ltd, Luolai Lifestyle Technology Co., Ltd, Hunan Mendale Hometextile Co., Ltd, My Sleeping pillow, Inc., Paradise Sleeping Inc., Hanse Textilvertrieb GmbH, Magniflex, Latexco N.V., Maya Textile Ind., and Sheela Foam Limited.
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited), 99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
Email: sales@marketresearchfuture.com