Articles
Latex Pillow Market Size, Share, Growth, Trends and Industry Analysis Report, 2019 to 2025
by Susan Hill Business ConsultantThe
global latex pillow market size is anticipated to reach
USD 387.42 million by 2025 registering a CAGR of 4.9%, according to a new report
by Grand View Research, Inc. Rising cases of cervical spondylosis owing to
sedentary lifestyle have increased the demand the product. In addition, demand
for high-end lifestyle products is driving growth of this market. Increasing
cases of neck pain, joint pain, backache issues, and spinal misalignment are
boosting the demand for high-quality pillows, which, in turn, is expected to
drive the market over the coming years.
According to
the study published in 2017 by the National Center for Biotechnology
Information, 20.3% of the global population suffered from neck pain. Latex
pillows help in pain relief and are also recommended by osteopaths, therapists,
and chiropractors for people suffering from back problems as these pillows
promote proper alignment of the spine on account of natural elasticity of the
material. In addition, these pillows also help reduce allergies and
accumulation of microbes and dust mites. The blended mix type segment led the
global market in 2018.
The
combination of natural latex with a mixture of synthetic, rayon, cotton, and
memory foam increases the product durability and cuts short on chemical
production of bedding products. Moreover, products made from a combination of
different materials helps cut down on the cost incurred in producing 100%
natural latex pillows. Companies in the market are investing more in R&D to
develop innovative products. For instance, Essence of Bamboo produces latex
pillow with shredded latex and a blend of poly fil.
This
combination helps retain bounce and softness for a longer time and also
improves the airflow of the pillow. North America was the dominant regional
market in 2018. Increasing construction activities across the region drives the
demand for home furnishing and bedding products, which is expected to fuel the
market growth. In addition, strong presence of key manufacturers, such as
United Pillow Manufacturing, Inc. and Sleep Artisan, contributes to the
region’s growth further.
Further key
findings from the study suggest:
- Residential
sector is expected to be the fastest-growing, as well as the largest,
application segment over the forecast period
- The commercial
segment also held a considerable market share in the past and is expected
to witness a steady growth at a CAGR of 4.8% from 2019 to 2025
- North America
will account for the largest share of the latex pillow market by 2025.
However, Asia Pacific is said to be the fastest-growing regional market at
a CAGR of 5.7% from 2019 to 2025
- Prominent
companies in the global market are Sleep On Latex; Simmons Bedding Company
LLC.; Sealy Corp.; Serta, Inc.; Talalay Global; Shevick Sales Corp.; and
United Pillow Manufacturing, Inc.
Access
full research report on global latex pillow market:
www.grandviewresearch.com/industry-analysis/latex-pillow-market
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About Susan Hill 
Business Consultant
145 connections, 2 recommendations, 567 honor points.Joined APSense since, September 25th, 2017, From California, United States.
Created on Dec 9th 2019 08:01. Viewed 383 times.
