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Mar 4, 2022
| Evolving Opportunities with 8 Hours LLC, Throwboy& Casper Sleep Inc | 17000+ Technavio Reports News provided by Share this article Pillow Market Facts at a Glance- Technavio has announced its latest market research report titledPillows Market by Application and Geography - Forecast and Analysis 2021-2025 Total Pages: 120 Companies: 10+ – Including 8 Hours LLC, AISleep.com, Casper Sleep Inc., Comfy Quilts Ltd., Czech Feather and Down Co., H.I.G. Capital LLC, Headleveler, Hollander Sleep Products LLC, SpaceFoam.com, and Throwboy among others. Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis Segments: Application (cotton pillows, memory foam pillows, down and feather pillows, and other pillows) Geographies: North America, Europe, APAC, MEA, and South America The Pillow Market is expected to grow by USD 11.58 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 5.96% as per the latest market forecast report by Technavio. North America will register the highest growth rate of 36% among the other regions. The US is a key market for pillows in North America. Market growth in this region will be faster than the growth of the market in South America. The increasing number of vendors and their diversified range of innovative product offerings will facilitate the pillows market growth in North America over the forecast period. For more insights on the market share of various regions - Download a FREE Sample Pillow Market - Scope of the Report The report also covers the following areas: Vendor Insights- The Pillow Market is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market. 8 Hours LLC -The company offers adjustable pillows according to comfort. Casper Sleep Inc. - The company offers foam pillows and down pillows. Throwboy - The company offers pillows of different colors and shapes. Latest Drivers & Trends Driving the Market- Pillow Market Driver: Rising demand for cervical pillows: The rising demand for cervical pillows will be a significant factor in driving the growth of the pillows market size throughout the next five years. The pain-relieving properties and health benefits of cervical pillows are boosting their popularity among consumers. Cervical pillows are specially designed orthopedic pillows which help in relaxing muscles by maintaining the cervical curve. The demand for cervical pillows is especially high among people suffering from cervical injuries related to the head, neck, shoulder, and spine. The increasing demand for cervical pillows has encouraged vendors to offer innovative products such as customizable cervical pillows. Pillow Market Trend: Increasing sales of pillows online: The increasing sales of pillows online will be one of the critical pillow industry trends, which will fuel the pillow's market size growth during the forecast period. The rising adoption of smartphones and increasing internet penetration have boosted the sales of pillows through online channels. The advent of technologically advanced gadgets and internet-enabled advanced transaction platforms have made online shopping hassle-free. The availability of a wide range of products online offers consumers the convenience to select products based on price, quality, and other factors. Hefty discounts offered by various online retailers are further boosting the popularity of online shopping. The rising awareness about the ease and convenience of online shopping will encourage vendors to distribute their products through online channels. Didn't Find What You Were Looking For? Customize Report- Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer USD 1,000 worth of FREE customization at the time of purchase. Speak to our Analyst now! Related Reports: Outdoor Cushions Market in the US -The outdoor cushions market in the US has the potential to grow by USD 135.13 million during 2020-2024, and the market's growth momentum will accelerate throughout the forecast period. Download a free sample now! Latex Pillow Market -The latex pillow market share is expected to increase by USD 547.32 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 4%. Download a free sample now! Pillows Market Scope
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