Pillow Industry Highlights, COVID-19 Pandemic Impact, Key Players Review | Hollander, American Textile Company, WENDRE, ROMATEX | Upcoming Trend by Forecast to 2023

Pillow Industry Highlights, COVID-19 Pandemic Impact, Key Players Review | Hollander, American Textile Company, WENDRE, ROMATEX | Upcoming Trend by Forecast to 2023

“Pillow Industry”
Pillow Market Global Information by Material (100% Cotton, 100% Bamboo Fiber, 100% Silk, 100% Polyester and Others), filling material (Memory Foam, Hollow Fibre, Latex, Microfiber and Others), Shape

Market Highlights

Due to the growing use of pillows for decoration and sleeping purposes, the Global Pillow Industry has seen substantial growth in the past decade. Growing customer understanding of the option of a pillow that fits their sleeping position has altered the nature of the pillow industry.

The quality of smart pillows is being improved by technical advancement and product growth, which is projected to fuel demand in the coming years.

The need for smart pillows around the globe is fueled by the increasing geriatric population and different sleep disorders. The concept of smart pillows for older people and patients is handy and comfortable, which also affects their demand. The need for smart pillows is motivated by substantial changes in sleep related disorders and the population of elderly people. In addition, improving product quality due to innovations in these pillows, such as new features (guided meditation and sleep mode), improves the overall development of the market. The smart pillow industry around the globe is also projected to encourage increasing demand from hospitals and hotels (the commercial sector).

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Such health issues such as diabetes and obesity are often attributed to sleep related problems such as snoring. In the near future, the increasing number of individuals with these problems is projected to be a significant driving force for the smart pillow industry. By growing investment in R&D for product feature creation and optimizing product quality, manufacturers engaged in the manufacturing of smart pillows are also focused on product innovation. In the future, this is also expected to drive the market.

The big hindrance faced by smart pillow manufactures is currently high manufacturing costs. Compared to standard pillows, product prices and repair costs are high, which is expected to affect the global smart pillow market during the forecast period. It is unaffordable for middle-class customers because of the high cost of smart pillows. This is expected to delay the smart pillow market’s growth during the forecast period.

Competitive Dashboard

The key players profiled in the Pillow Industry are as American Textile Company (U.S.), Hollander (U.S.),  ROMATEX (South Africa), Hunan MENDALE HOMETEXTILE Co., Ltd (China), WENDRE (Estonia), LUOLAI (China) and DOHIA Home Textile Co., Ltd (China)

Segment Analysis

Global Pillow Industry was segmented on the basis of 100% cotton, 100% bamboo fiber, 100% silk, 100% polyester and other fabrics.

On the basis of filling material, which involves memory foam, hollow fiber, silicone, microfiber and others the pillow industry was segmented

The pillow industry has been categorized into cube, u-shape, rectangular, ripple, oval, convex and others on the basis of shape.

Based on features like therapy, cooling, anit-static, anti-bacteria and others the pillow market has been segmented.

On the basis of use the pillow market has been segmented, including decorative, sleeping, bedding, travel, massage and others.

Regional Overview

North America, Europe, Asia Pacific, and the rest of the world (ROW) are segmented into the Global Pillow industry.

Asia Pacific, led by Europe, has the highest share of the market. The population of the Asia Pacific region accounts for around half of the world’s population, which has generated a large pillow business consumer base. In addition, the demand is powered by expanded discretionary income and a rising desire for new health care services. Consumers from the Europe and North America regions are drawn to creativity by key players in pillow filling fabrics and enticing styles and shapes of different pillows. Square and rectangle-shaped pillows lead the market in North America and their domination during the projected period is predicted to be sustained. The Middle East and Africa region’s tremendous opportunity is compelling major players to join that unique sector, and the pillow market in that region will see substantial development in the region.

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NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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