To know how our report can help streamline your business, KEY INDUSTRY PLAYERS High Demand for Bedding Products Industry to Incite Market Competition The bedding products industry is highly unorganized; besides, several retailers worldwide are strongly focusing on vertical integration to offer their brands | RESTRAINING FACTORS Higher Durability of Products to Inhibit Market Growth Bedding products have high durability and last longer when used with proper care |
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This is particularly developed to provide comfort to the spine while giving required support to the body posture | Several other variants such as twin XL, King, California King are also available in the marketplace, where a consumer can buy suitable sizes as per room size and family requirements |
Based on our analysis, the global market exhibited a decline of 0 | COVID-19 Impact: Slight Increase in Demand from Healthcare Sector to Uplift Market Demand for beds is increasing from hospitals, and thereby it has led to a significant need for mattress industry during the pandemic |
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Besides, the growing trend of luxurious home decor greatly contributes to the market expansion of premium mattress | Besides, the greater availability of low-cost local products is also expected to limit the penetration of premium and high-cost bedding brands |
The 8H Smart product allows the user to adjust the softness through the Mi App.
It also features Yoga Sleep Mode, Vibration Alarm Clock, Infrared Heating, and XiaoAI Smart Assistant, among others | Online sales channels are further boosting the market as customers are increasingly exploring e-commerce furnishing sites |
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Suibao Group Guangdong, China KEY INDUSTRY DEVELOPMENTS:• For instance, according to the National Mattress End of Life Report 2019 of the National Bed Federation, in the UK, the total number of products used in houses was pegged at about 64,681,000 in 2017 | By Application Analysis Greater Usage Needs makes Household Segment Dominant Based on the application, the market is segmented as household and commercial |
Manufacturers are also working hard to understand users' sleeping problems and develop products to fulfill their requirements.