USD 8.32 billion Growth in Sleeping Pillow Market Size with 35% Contribution from APAC - Technavio

NEW YORK, Aug. 31, 2022 /PRNewswire/ -- The latest market analysis report titled Sleeping Pillow Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026 has been added to Technavio's catalog. The report predicts the market to witness an accelerating growth momentum at a CAGR of 6.3% during the forecast period. The analysts at Technavio have categorized the global sleeping pillow market as a part of the global home furnishings market. Our report provides extensive information on the value chain analysis for the sleeping pillow market, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

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Sleeping Pillow Market Dynamics 

Key Driver: The growth in the hotel industry is one of the key drivers supporting the sleeping pillow market growth. In 2021, the US travel and tourism sector had a year-over-year growth of 35.6%, representing an increase of $393 billion, for a total contribution of nearly $1.5 trillion to the US GDP. Thus, the overall growth in the tourism sector will increase the demand for hotels globally and thereby driving the sleeping pillows market during the forecast period.

Key Trend: Growing sales of sleeping pillows online is one of the key sleeping pillow market trends contributing to the market growth. There is a rise in the adoption of smartphones and an increase in Internet penetration across the globe, which is leading to online shopping growth. Such convenience offered by online shopping will propel the sleeping pillow market growth during the forecast period.

Key Challenge: Health issues related to low-quality pillows will be one of the factors hampering the sleeping pillow market growth. Primarily, a low-quality sleeping pillow aggravates back pain, while an overstuffed pillow results in an unnatural sleeping position. 

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Sleeping Pillow Market Distribution Channel Landscape

• Offline: The sleeping pillow market share growth in the offline segment will be significant during the forecast period. Organized retailing is an integral part of offline distribution. Consumers prefer buying sleeping pillows from hypermarkets, supermarkets, and departmental stores as they can choose from a wide portfolio of products, closely evaluate them, and get the required support and information from customer service personnel available at stores. Such convenience of shopping through offline stores will drive the sleeping pillow market growth during the forecast period.
• Online

Sleeping Pillow Market: Geography Landscape

• APAC: 35% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for the sleeping pillow market in APAC. Market growth in this region will be faster than the growth of the market in other regions. The significant growth of the hospitality industry will facilitate the sleeping pillow market growth in APAC over the forecast period. 
• Europe
• North America
• MEA
• South America

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Sleeping Pillow Market Vendor Landscape

The sleeping pillow market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Companies Covered:

• Beyond textiles GmbH
• Comfy Group
• CVB Inc.
• Czech Feather and Down Co.
• Hanesbrands Inc.
• Hollander Sleep Products LLC
• John Cotton Europe Sp. z o
• Latexco LLC
• My Pillow Inc.
• Nanfang Bedding
• Pacific Coast Feather Co.
• Polyflex India Pvt. Ltd.
• Richard Behr and Co. GmbH
• Romatex
• Shenzhen Fuanna Household Products Co. Ltd.
• Tempur Sealy International Inc.
• Thrasio LLC
• Wendre Group
• Suzhou Nuoyiman Industry Co. Ltd.

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What our reports offer:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2020, 2021, until 2025
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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Table of Content

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

• 5.1 Market segments
• Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)

• 5.2 Comparison by Distribution Channel
• Exhibit 26: Chart on Comparison by Distribution Channel
• Exhibit 27: Data Table on Comparison by Distribution Channel

• 5.3 Offline - Market size and forecast 2021-2026
• Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)

• 5.4 Online - Market size and forecast 2021-2026
• Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Distribution Channel
• Exhibit 36: Market opportunity by Distribution Channel ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 North America - Market size and forecast 2021-2026
• Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 India - Market size and forecast 2021-2026
• Exhibit 70: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Comfy Group
• Exhibit 89: Comfy Group - Overview
• Exhibit 90: Comfy Group - Product / Service
• Exhibit 91: Comfy Group - Key offerings

• 10.4 Hanesbrands Inc.
• Exhibit 92: Hanesbrands Inc. - Overview
• Exhibit 93: Hanesbrands Inc. - Business segments
• Exhibit 94: Hanesbrands Inc. - Key offerings
• Exhibit 95: Hanesbrands Inc. - Segment focus

• 10.5 Hollander Sleep Products LLC
• Exhibit 96: Hollander Sleep Products LLC - Overview
• Exhibit 97: Hollander Sleep Products LLC - Product / Service
• Exhibit 98: Hollander Sleep Products LLC - Key offerings

• 10.6 John Cotton Europe Sp. z o
• Exhibit 99: John Cotton Europe Sp. z o - Overview
• Exhibit 100: John Cotton Europe Sp. z o - Product / Service
• Exhibit 101: John Cotton Europe Sp. z o - Key offerings

• 10.7 My Pillow Inc.
• Exhibit 102: My Pillow Inc. - Overview
• Exhibit 103: My Pillow Inc. - Product / Service
• Exhibit 104: My Pillow Inc. - Key offerings

• 10.8 Pacific Coast Feather Co.
• Exhibit 105: Pacific Coast Feather Co. - Overview
• Exhibit 106: Pacific Coast Feather Co. - Product / Service
• Exhibit 107: Pacific Coast Feather Co. - Key offerings

• 10.9 Polyflex India Pvt. Ltd.
• Exhibit 108: Polyflex India Pvt. Ltd. - Overview
• Exhibit 109: Polyflex India Pvt. Ltd. - Product / Service
• Exhibit 110: Polyflex India Pvt. Ltd. - Key offerings

• 10.10 Richard Behr and Co. GmbH
• Exhibit 111: Richard Behr and Co. GmbH - Overview
• Exhibit 112: Richard Behr and Co. GmbH - Product / Service
• Exhibit 113: Richard Behr and Co. GmbH - Key offerings

• 10.11 Tempur Sealy International Inc.
• Exhibit 114: Tempur Sealy International Inc. - Overview
• Exhibit 115: Tempur Sealy International Inc. - Business segments
• Exhibit 116: Tempur Sealy International Inc. - Key offerings
• Exhibit 117: Tempur Sealy International Inc. - Segment focus

• 10.12 Wendre Group
• Exhibit 118: Wendre Group - Overview
• Exhibit 119: Wendre Group - Product / Service
• Exhibit 120: Wendre Group - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 121: Inclusions checklist
• Exhibit 122: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 123: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 124: Research methodology
• Exhibit 125: Validation techniques employed for market sizing
• Exhibit 126: Information sources

• 11.5 List of abbreviations
• Exhibit 127: List of abbreviations

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