Organic Comforters Market Forecast and CAGR
According to the latest research by Fact.MR, organic comforters’ market is anticipated to show an increase in its revenue with a CAGR of close to 5% in the next 10 years. People adapting to the changing era and demanding a more luxurious and quality lifestyle is a key factor driving the sales.
They are shifting their focus towards organic items with longer durability, better quality, and sustainability that have innumerable health benefits and that enhance the quality of sleep providing a soft touch. This adaptability has led to a surge in production to cater to the increasing demand which is expected to continue over the assessment period.
What is Driving Demand for Organic Comforters?
These are made without using any chemicals that may be harmful for the human body and dangerous for the environment as well. Instead, they are made in an eco-friendly way and are extremely comfortable and soft. The use of natural substances such as cotton is used to make comforters that are free of pesticides with a good finishing that provides better breathability and moisture adoption.
This enhances the quality of sleep and has certain health benefits. Along with this, the organic woolen comforters have the advantage of reduced risk of dust mites and better regulation of temperature. All these qualities convince people to change their existing bedding products into organic ones. These factors are resulting in an increase in the demand for comforters and other bedding products.
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Covid-19 Impact on Global Organic Comforters Market
A huge impact of the covid 19 pandemic is seen across different industries in the world. This impact has shaken the economy and caused a disturbance in the equilibrium. Having seen the negative impact for a long time, now the economy is coping up with the changes and getting better as each day passes.
Almost every sector has been adversely affected by this pandemic, particularly hospitality sector has seen a negative impact and a subsequent downfall in its revenue due to imposition of the lockdown. This has in turn affected the demand for bedding products including the comforters that were used in different hotels, resorts and other commercial use.
Whereas, in the other case, the demand for comforters for personal living spaces has increased due to their changing mindset of adopting organic things to use at home for a sound and peaceful environment and a healthier lifestyle.
As protection against different diseases or viruses, people have started using organic products, from body care to bedding products. So, as pandemic effect lowers, people are showing an interest in continuing the use of organic products that have several health benefits which promotes a vigorous lifestyle. Hence, the demand for organic comforters will continue to rise for the next few years.
Global Organic Comforters Market Geographical Outlook
The demand for organic comforters has been premeditated from seven prominent regions including North America, Latin America, Europe, East-Asia, South-Asia, Oceania and Middle-East & Africa.
Among these, Asia Pacific captures around one third of the market share and is observed to be a dominant player in the market. An expansion in the hospitality sector and an increase in infrastructural activities in this region, particularly in countries such as India and China have uplifted the sales of the comforters.
Day-to-day, people from different regions are shifting their focus towards organic lifestyle. Coming next is North America which is expected to show a high growth at a CAGR of 9% from 2021 to 2031. The growing awareness regarding benefits of using these comforters from both commercial and residential end use has pushed the market to attain new heights during the forecast period.
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Who are the Key Manufacturers of Organic Comforters Market?
There are different leading manufacturers in this market like Under the
- The Natural Sleep Store
- SOL Organics
- Boll and Branch.
Manufacturers have shifted their focus in making bedsheets from plants by using organic materials like cotton, bamboo, and Tensel. This positive change has increased their customer base making them known about different health benefits of the same driving the sales of the comforters. These improvements adopted by the manufacturers can result in an optimistic growth in the market during the forecast period
Organic Comforters Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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By Fabric Type
By Distribution Channel
- Direct to Customer
- Third Party Website
By Thread Count
- Above 200
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia
- India, Thailand, Malaysia, Indonesia and Rest of South Asia
- Australia and New Zealand
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
- North America
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
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