Bedding Protectors Market Insights
The global bedding protectors market has seen a historical CAGR of nearly 5% during the period (2015-2019), and is projected to create a valuation of around US$ 3 billion by 2030. The global bedding protectors market size is poised to expand at a CAGR of over 6% during the forecast period (2020-2030).
The current state of the bedding protectors market is one of attracting capital in all forms due to the hyper growth of online retail formats. Overall, manufacturers and suppliers are agreeing to navigate shifting retail models as shoppers’ expectations grow. The world of contemporary bedding protectors is becoming diverse, as there are limitless choices of colors and shades being made available. Contemporary bedding protectors are more in demand and come in several shades. More structural interest is being added to the catalogue with geometric prints, which is creating growth prospects for the global bedding protectors market.
Bedding Protectors Market Analysis by Feature
The cooling type of mattress protectors are most sought-after, and this trend will continue in the foreseeable future. These protectors work well in both, hot and cold conditions. When the mattress gets hot, the protector absorbs heat to cool it down, and when it gets cold, the protector lets out absorbed heat to warm the mattress. This feature is a big hit and leads to the high demand for cooling mattress protectors.
Bedding Protectors Market Analysis by Application
Over the last couple of years, the bedding industry has experienced a dramatic transformation. High streets and retail parks are abound with department stores and specialist bedding shops where consumers can go and try out mattresses. Due to this phenomenon, the number of people purchasing bedding protectors is increasing tremendously. The growing trend toward bed-in-a-box products is significantly disrupting the bedding protectors market. Hotels in the commercial sector are the key end users of bedding protectors, because they adjust the mattresses more frequently than residential users. Residential consumers change their mattresses on average in 9-10 years, whereas, it takes the hospitality industry a period of 5-6 years to change their mattresses.
Regional Outlook of Bedding Protectors Market
Europe leads the global bedding protectors market share with 30%. This region has high demand for bedding protectors in the healthcare and hospitality sectors. In the healthcare industry, demand for bedding protectors is increasing in nursing homes, clinics, and hospitals. Due to the large population in countries such as India and China, Asia Pacific is among the largest consumers of mattresses, resulting in increased demand. In addition, high disposable income is expected to drive the global market in Asia Pacific and Latin American nations. Brazil has a significant share in the market for bedding protectors, with high comfort being demanded customers for their sleeping experiences.
Competitive Analysis of Bedding Protectors Market
The global bedding protectors market is consolidated in nature, with leading companies such as Simmon’s Bedding Company, Serta, Inc., Temur-Pedic, Select Number Corp, Kurlon Enterprises, and Therapedic International taking most of the market share. Leading manufacturers of bedding protectors join forces for collaborative product development, believing that customer co-creation would help develop high-quality bedding protectors. Such manufacturers of bedding protectors incorporate the idea of customer co-creation into their processes, thereby developing new products that satisfy changing consumer demand. Distinct attributes such as cooling, dust protection, and damping, together with the use of high-quality fabrics are key development areas among manufacturers of bedding protectors.
COVID-19 Impact on Bedding Protectors Market
With attempts to contain the Covid-19 pandemic ramping up across the world, people are starting to feel the effects in every area of daily life, and the bedding protectors market is no exception. With stores forced to close and people taking requisite measures to remain at home, bedding protector companies are facing a lot of difficulties.
Under the optimistic scenario, the bedding protectors market is expected to recover from the third quarter of 2020 onwards, owing to resumption of processing operations. However, under the probabilistic scenario, the market will continue to experience sluggish growth in the third quarter. Under the pessimistic scenario, the bedding protectors market will remain affected throughout all four quarters, in the view of reduced production capabilities during the pandemic.
The Analyst’s Viewpoint
The rate that consumers are spending on their homes through home improvements, renovations, and remodeling is directly boosting the demand for bedding protectors. Moreover, with the bedding protectors market shifting from brick-and-mortar retail to e-Commerce, the growth rate is set to increase over the coming years.
Global Bedding Protectors Market: Scope of the Report
The recent global bedding protectors market report by Fact.MR offers forecast representation from 2020 to 2030. The report elaborates on key drivers, restraints, opportunities, and threats influencing the expansion of the global bedding protectors market. A detailed segmental analysis, based on size, material, height, feature, sales channel, and region has been provided in the report. The report also covers a chapter on the COVID-19 impact analysis to arm stakeholders with necessary information.
Regional analysis in terms of supply chain analysis, business execution, and market value analysis provides an in-depth perspective about the future scope of the global bedding protectors market. In addition, a section providing detailed analysis of key market players and strategies has been added.
Bedding Protectors Market – Scope of the Report
The global bedding protectors market is anticipated to witness notable upsurge during the forecast period of 2020 to 2030, conferring to a new Fact.MR study. The study promotes crucial trends that are presently determining the growth of bedding protectors market. This newly published and perceptive report sheds light on vital dynamics that are likely to convert the future of the bedding protectors market, in turn, generating worthwhile opportunities for key companies as well as evolving players who are interested in the manufacturing of bedding protectors.
The bedding protectors market study is a detailed market intellect on key revenue progression factors, challenges, industry trends, and opportunities, which will eventually influence the growth of the bedding protectors market. The report primarily conveys a summary of the bedding protectors market, considering present and upcoming industry scenarios, to reveal striking sides relating to the acceptance of bedding protectors across prominent regional markets.
A detailed assessment on few of the bedding protectors’ material suppliers accessible in the report allows report readers to obtain detailed findings that have resulted from bedding protectors supply chain analysis, business execution, and value chain analysis across the regional markets incorporated in the report. A list of prominent companies functioning within the bedding protectors market provided in the report enhances the reliability of this exhaustive research study.
Bedding Protectors Market: Report Summary
The study offers a comprehensive overview on diverse features, inducing demand, revenue generation, and sales in the bedding protectors market across the globe. A comprehensive estimate on the bedding protectors market has also been made accessible by experts, who have considered market estimates on the basis of a likely scenario, an optimistic scenario, and a conservative scenario, regarding the sales of bedding protectors during the forecast period. Analysis and estimation of price point comparison by region and by product with the global average price has been included in this study.
Bedding Protectors Market: Segmentation
Fact.MR’s study has done the segmentation of the bedding protectors market on the basis of size, material, height, feature, sales channel, and region.
Bedding Protectors Market: Analysis on Market Size Evaluation
Predictions of the bedding protectors market, encompassing current as well as forthcoming projected value estimates and analysis on region-wise demand trends and price index have been assimilated in the report.
Market estimates at regional and global scale for bedding protectors are available in terms of value “US$ Mn” and volume “Mn Units”. A Y-o-Y growth contrast on prominent bedding protectors market segments, along with market attractiveness valuation, computes the understandings brought in the report. Metrics mentioned above are also followed based on bedding protector applications, where bedding protectors witness steady demand.
Bedding Protectors Market: Scrutinized Assessment on Regional Segments
Weighted sections have been elaborated in the report on the bedding protectors market, which delivers projections on regional markets. These chapters brighten the regional macros (political economic and business environment outlook), which are expected to have a significant impact on the growth of bedding protectors market during period of forecast.
Country-specific valuation on the demand for bedding protectors has been offered for each regional market, along with market scope estimates and forecasts, price index, price point assessment, and impact analysis of the dynamics of prominent regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Bedding Protectors Market: In-depth Analysis on Competitive Landscape
The report ends with a section on the competition scenario of the bedding protectors market, along with the profiles of major companies contributing to market expansion. Essential and up-to-date data as well as information correlated to market performers who principally engaged in the production and supply of bedding protectors has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to plan preemptive steps to advance their businesses.
Company profiles have been shared in the report, which exerts essentials such as product portfolio, along with an all-inclusive SWOT analysis on each player recognized, along with company policy identification and analysis. The company presence mapped and presented through the matrix for all prominent players in the bedding protectors market offers readers with actionable intellect, which helps in thoughtfully presenting the market status and making decisive predictions on the competition levels in the bedding protectors market. Major companies operating in bedding protectors market are Simmons Bedding Company, Serta, Inc., Tempur-Pedic International, Sleep Number Corporation, Kurlon Enterprises, and Therapedic International.
Impact of COVID-19 on Bedding Protectors Market
The report includes a scenario-based assessment of the impact of COVID-19 across key regions for all four quarters of 2020. The report discusses market forecasts under an optimistic, probabilistic, and pessimistic scenario. Under the three scenarios, demand loss and recovery has been illustrated and described through L-shaped and U-shaped recovery curves. Alongside, the COVID-19 impact has been benchmarked with previous crisis, including sub-prime crisis, Eurozone crisis, and the SARS pandemic.
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