Asia Pacific Home Bedding Market Size & Outlook, 2023-2030
Asia Pacific home bedding market, 2017-2030 (US$M)
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Asia Pacific home bedding market highlights
- The Asia Pacific home bedding market generated a revenue of USD 39,240.5 million in 2023.
- The market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, offline was the largest revenue generating distribution channel in 2023.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 39,240.5 million |
| Market revenue in 2030 | USD 67,047.6 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Offline |
| Fastest growing segment | Online |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Offline, Online |
| Key market players worldwide | Tempur Sealy International Inc, Purple Innovation Inc Ordinary Shares - Class A, Bombay Dyeing, American Textile Company, Casper, Pacific Coast Feather Company, Crane & Canopy, Peacock Alley, The White Company |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 37.5% of the global home bedding market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 67,047.6 million by 2030.
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Home Bedding Market Scope
Home Bedding Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific home bedding market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to home bedding market will help companies and investors design strategic landscapes.
Offline was the largest segment with a revenue share of 66.81% in 2023. Horizon Databook has segmented the Asia Pacific home bedding market based on offline, online covering the revenue growth of each sub-segment from 2017 to 2030.
The Asia Pacific home bedding market has been undergoing rapid changes. Until 2019, China was holding a lion’s share in the global home bedding market owing to international exports. Eventually, a large number of other countries too began entering the market and establishing their hold in international exports. For instance, Vietnam has sprawling mattress factories and the country’s home bedding market is witnessing rapid growth.
The country was once a regular stop on bedding producers’ sourcing trips, and now it has been flexing its muscle on the world bedding stage. Asia Pacific has witnessed increased demand for eco-friendly bed and bath linens. A large portion of the market for bed and bath linens targets the middle-income population. Therefore, companies source economical products from India, China, and Bangladesh.
Factors such as increased internet access through smartphones and improved disposable income has also aided market players in providing high quality, eco-friendly, and affordable products to consumers. The dominance of the home textile market in the region through countries such as China, India, and Japan has resulted in the abundant availability of bedding textiles, thereby boosting the application of bedding products in residential and commercial sectors.
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Target buyers of Asia Pacific home bedding market databook
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Our clientele includes a mix of home bedding market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific home bedding market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific home bedding market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific home bedding market size, by country, 2017-2030 (US$M)
Asia Pacific Home Bedding Market Outlook Share, 2023 & 2030 (US$M)
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