Amid the COVID-19 crisis, the global market for Bed and Bath Linen estimated at US$74.4 Billion in the year 2020, is projected to reach a revised size of US$99.7 Billion by 2027, growing at aCAGR of 4.3% over the period 2020-2027. Bed Linen, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$71.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Bath Linen segment is readjusted to a revised 3.4% CAGR for the next 7-year period.
The Bed and Bath Linen market in the U.S. is estimated at US$20 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$21.7 Billion by the year 2027 trailing a CAGR of 7.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.4% and 3.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.
This report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Acton & Acton Ltd.
American Textile Company
American Textile Systems
Beaumont & Brown Ltd.
Beltrami Linen Srl
Boll & Branch LLC
Crane & Canopy Inc.
Cuddledown Marketing LLC
Dunelm Group plc
Hollander Sleep Products
I Love Linen
Inter IKEA Systems B.V.
Paradise Pillow, Inc.
Serta Simmons Bedding LLC
Sleep Number Corp.
Tempur Sealy International Inc.
The Bombay Dyeing & Mfg. Co. Ltd.
The Victoria Linen Co. Ltd.
Welspun India Ltd.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Bed and Bath Linen: Making Comfortable, Stylish, and Aesthetically Pleasing Homes out of Houses
Recent Market Activity
Growing Demand for Elegant Home Textiles Builds Market Momentum
Bed and Bath Textiles Represent Bigger Share of Worldwide Home Textiles Sales
Promising Outlook for World Bed & Bath Linen Market
Growth Drivers in a Nutshell
Asia-Pacific & Other Developing Regions Evolve into Core Consumers of Bed & Bath Linen
Prospects Remain Favorable in Developed Regions as well
Global Competitor Market Shares
Bed and Bath Linen Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Innovations & Advancements: Spearheading Growth
Innovative Textiles for Mattresses
Unique Bedding Fiber Materials Make their Way
Luxury, Style, and Comfort: Trendsetters in the Towels Segment
Products Made in Modern Designs & Looks Gain Wider Traction
Renewed Focus on Fabrics that Improve Comfort and Feel
Consumer Interest in Oversized Sleep Products Infuses Novel Opportunities for Specialty Linen
Increased Demand for Luxury Beds to Drive Demand for Luxurious Linen
Bed Sheets: The Higher Thread Count Fad?
Eco-Friendly Green Mattresses Gain Traction
Rising Demand for Linen with Eco-Friendly Materials
Ready to Use Covers Gain Popularity
Growing Prominence of All-In-One Knit Fabrics
Fabrics with Performance Features
Cotton Remains the Primary Material for Making Bed and Bath Textiles
Uptrend in Hospitality Industry Creates Conducive Environment
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