Luxury Bedding Market - Size, Share, Trends, and Forecast till 2025
Luxury bedding is used for decorative purpose for aesthetic beauty and for comfort. Luxury bedding are made of natural materials such as silk and cotton, which are anti-microbial and are free of chemicals. Colored luxury bedding have soft hues made of organic vegetable dyes. Most of the luxury bedding are produced in Europe, where the use of chemical ingredients is restricted. Request For Sample Copy of this Research Report : https://www.coherentmarketinsights.com/insight/request-sample/2139 Most of the luxury bed items are of white and ivory color. Luxury mattresses and pillows are supposed to provide neck and back support during sleep, conforming to body and relieving pressure points. Luxury sheets and bedding also induce deep slumber as they are less abrasive to touch and softer due to better weaving, ample threads, and rawness of materials. The global luxury bedding market was valued at US$ 2.02 billion in 2017, and is expected to expand at a CAGR of 2.6 % in terms of revenue, during 2018– 2025. Luxury bedding offers benefits such as peace of mind and aids in deep sleep, which is expected to be major factor for increasing demand among consumers, which in turn drives growth of the global luxury beddings market. Among distribution channels, online channel segment exhibited significant growth in 2017, and it is expected to grow during the forecast period, owing to increasing e-commerce sector. Luxury bedding products are available in the market with different varieties, colors, and patterns. Discounts offered by online channels helps in retaining consumers, which could increase growth of the market. E-commerce allows mattress and textile startups to purchase products directly from manufacturers and sell directly to consumers, which reduces transportation charges and allows for a significant reduction in the price of luxury goods. Europe accounted for the largest revenue share of 33% in the global luxury bedding market in 2017, and is expected to maintain its dominance over the forecast period. The main factor attributed for growth of Europe in luxury bedding market is due to high presence of key players and new strategies employed by them for business