The growing popularity of bedding products, including pillows, bedsheets, mattresses, and others in the hospitality sector, is driving market growth in the U.S. In addition, the increasing consumer awareness of the importance of good sleep for health and well-being drives the demand for such products in the U.S. market.
NEWARK, DE / ACCESSWIRE / August 29, 2024 / The US bed pillow market is estimated to register a market value of ~USD 882.3 million in 2024 and is projected to reach ~USD 1,450.9 million by 2034, at a CAGR of 5.1% from 2024 to 2034. The target market was valued at USD 837.1 million in 2023 and is further projected to augment with a year-on-year percentage increment of around 5.4% in 2024.
The US bed pillow market is expanding as consumers increasingly prioritize sleep quality and comfort. With a growing awareness of the impact of pillows on sleep health, the market offers a wide range of options, including memory foam, down, and hypoallergenic pillows designed to support various sleeping positions. Innovations in materials and ergonomic designs are driving demand, as consumers seek personalized comfort solutions that cater to their specific needs, such as neck support and temperature regulation. As the focus on wellness and better sleep continues to rise, the US bed pillow market is set for sustained growth, fueled by ongoing product innovations and evolving consumer preferences.
The demand for bed pillows in the US has witnessed an upward trajectory over the past years. The bed pillow market corresponds to a broad segment of the home bedding industry, creating new opportunities for growth and development. The increasing demand for bed pillows in residential spaces is at the forefront of market growth and expansion.
Key Takeaways from the US Bed Pillow Market Report
The US bed pillow market witnessed a surging CAGR of 4.4% during the historic period of 2019 to 2023.
The market is contributed by the down/feather category, with 33.5% of the market share in 2023.
In 2023, the residential segment will account for around 78.2% market share in bed pillow applications.
The online sales channel is expected to register the fastest CAGR of 8.1% from 2024 to 2034.
“Success in the highly competitive cotton candy maker market depends on creativity, flexibility, and smart alliances. Prioritizing uniqueness and agility are crucial for organizations to thrive in this ever-changing market.” says Sudip Saha Managing Director and Co-Founder at Future Market Insights.
Key Companies Profiled
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US Bed Pillow Market by Category
By Product Type:
Fiberfill/Fiber
Down/Feather
Memory Foam
Gel Memory Foam
Contour Pillow
Other Types
By Application:
Hotels
Hospitals
Residential
By Sales Channel:
Complete Market Review: A Full Report Analysis https://www.futuremarketinsights.com/reports/usa-bed-pillow-market
About the Consumer Product Division at Future Market Insights
The consumer product team at Future Market Insights offers expert analysis, time efficient research, and strategic recommendations with the objective to provide authentic insights and accurate results to help clients worldwide. With a repertoire of over 100+ reports and 1 Billion+ data points, the team has been analysing the market lucidly in 50+ countries for over a decade. The team provides a brief analysis on key trends including competitive landscape, profit margin, and research development efforts.
Author By:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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Publish date : 2024-08-29 02:59:00
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