Bedding Protectors Market Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2020 to 2030

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.