Pillows Market - 36% of Growth to Originate from North America | Evolving Opportunities with 8 Hours LLC, Throwboy& Casper Sleep Inc | 17000+ Technavio Reports
NEW YORK, March 4, 2022 /PRNewswire/ --
Pillow Market Facts at a Glance-
NEW YORK, March 4, 2022 /PRNewswire/ --
Pillow Market Facts at a Glance-
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The Pillow Market is expected to grow by USD 11.58 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 5.96% as per the latest market forecast report by Technavio. North America will register the highest growth rate of 36% among the other regions. The US is a key market for pillows in North America. Market growth in this region will be faster than the growth of the market in South America. The increasing number of vendors and their diversified range of innovative product offerings will facilitate the pillows market growth in North America over the forecast period.
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Pillow Market - Scope of the Report
The report also covers the following areas:
Vendor Insights-
The Pillow Market is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market.
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Latest Drivers & Trends Driving the Market-
The rising demand for cervical pillows will be a significant factor in driving the growth of the pillows market size throughout the next five years. The pain-relieving properties and health benefits of cervical pillows are boosting their popularity among consumers. Cervical pillows are specially designed orthopedic pillows which help in relaxing muscles by maintaining the cervical curve. The demand for cervical pillows is especially high among people suffering from cervical injuries related to the head, neck, shoulder, and spine. The increasing demand for cervical pillows has encouraged vendors to offer innovative products such as customizable cervical pillows.
The increasing sales of pillows online will be one of the critical pillow industry trends, which will fuel the pillow's market size growth during the forecast period. The rising adoption of smartphones and increasing internet penetration have boosted the sales of pillows through online channels. The advent of technologically advanced gadgets and internet-enabled advanced transaction platforms have made online shopping hassle-free. The availability of a wide range of products online offers consumers the convenience to select products based on price, quality, and other factors. Hefty discounts offered by various online retailers are further boosting the popularity of online shopping. The rising awareness about the ease and convenience of online shopping will encourage vendors to distribute their products through online channels.
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Outdoor Cushions Market in the US -The outdoor cushions market in the US has the potential to grow by USD 135.13 million during 2020-2024, and the market's growth momentum will accelerate throughout the forecast period. Download a free sample now!
Latex Pillow Market -The latex pillow market share is expected to increase by USD 547.32 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 4%. Download a free sample now!
Pillows Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.96% |
Market growth 2021-2025 |
USD 11.58 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.44 |
Performing market contribution |
North America at 36% |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
8 Hours LLC, AISleep.com, Casper Sleep Inc., Comfy Quilts Ltd., Czech Feather and Down Co., H.I.G. Capital LLC, Headleveler, Hollander Sleep Products LLC, SpaceFoam.com, and Throwboy |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table Of Contents :
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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