Pillows Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

A pillow is a support of the body at rest for therapy, comfort, or decoration. Pillows are used by many species, including humans. Some types of pillows include body pillows, throw pillows, decorative pillows and many more. Pillows that aid sleeping are a form of bedding that supports the head and neck. Pillows are meant to keep spine in a neutral position. They align the neck with the rest of the body, which supports good posture.

MARKET SCOPE

The "Global Pillows Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the pillows market with detailed market segmentation by material, packaging format, end use industry, and geography. The report provides key statistics on the market status of the leading pillows market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on type, the global pillows market is segmented into Sleeping pillows, throw pillows, other
  
•   Based on material, the global pillows market is segmented into cotton pillow, down and feather pillow, memory foam pillow, others.
  
•   Based on application, the global pillows market is segmented into household, commercial, others.
  

MARKET DYNAMICS

Drivers

•   Increasing demand for pillows as it supports good posture
  
•   Increase in demand for pillows, as it supports the head and neck.
  
•   The compact size and ease of production aids the market growth.
  
•   Rising R&D activities drive the pillows market.
  

Restraints

•   Relatively high price of the material.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The pillows market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the pillows market in these regions.

IMPACT OF COVID-19 ON pillows MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The consumer goods industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.

MARKET PLAYERS

The report covers key developments in the pillows market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from pillows market are anticipated to witness lucrative growth opportunities in the future with the rising demand for pillows in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pillows market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Pacific Brands
  
•   RIBECO
  
•   MyPillow
  
•   PENELOPE
  
•   Magniflex
  
•   Tempur-Pedic
  
•   John Cotton
  
•   PATEX
  
•   Paradise Pillow
  
•   Pacific Coast
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Pillows Report Scope