Latest News- Pillows Market: Offline is expected to lead the Distribution Channel segment during 2025-2029

The Pillows Market is being driven by Growing hotel industry

The Pillows Market is expected to grow at a CAGR of 5.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 11.39 billion. In the dynamic and competitive pillows market, numerous local and international vendors are actively pursuing strategic acquisition deals to expand their market presence and customer base. These acquisitions enable vendors to penetrate regional and global markets more efficiently, thereby increasing their market share and product offerings. Notably, in May 2023, Tempur Sealy International announced its proposed acquisition of Mattress Firm Group for approximately USD4 billion, showcasing the significant role of inorganic growth in the industry. This trend will result in a diverse range of high-quality pillows being available to consumers, ensuring they have ample options to choose from. The increase in acquisitions by established and reputable regional and global players is expected to significantly contribute to the growth and development of the pillows market. 

Get more information on Pillows Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Distribution Channel
  • Offline
  • Online
• Product
  • Memory foam pillows
  • Cotton pillows
  • Microbead pillows
  • Down and feather pillows
• Geography
  • North America
    • Canada
    • Mexico
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Growing hotel industry
• Increased adoption of memory foam pillows
• Rising demand for cervical pillows

However, the market also witnesses some limitations, which are as follows:

• Health issues related to low-quality pillows
• Regulations in textile industry
• Threat from unorganized vendors

Benefits of Buying Global Pillows Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Pillows Market Research Report

Request Free Sample

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The pillows market encompasses various types, including toss pillows for hotels and residential complexes, as well as down and feather sleeping pillows for consumers. Fabrics like silk-cotton tree, memory foam, and polyester are used, with sizes ranging from king to standard. Tourism and senior population sectors face sleep-related problems, driving demand for smart pillows with wireless speakers and sleep trackers. Hospitals and rehabilitation centers also utilize pillows, such as memory foam and body pillows, as part of their bedding ensembles. E-commerce platforms facilitate sales of these consumer goods, including microbead and memory foam pillows, in various sizes for the tourism, senior, and general markets.

Market Research Overview

The global home furnishings market encompasses businesses involved in the production and distribution of furniture, home furnishings, floor coverings, and decorative items. According to Technavio's market analysis, the home furnishings industry size is determined by the consolidated revenue generated by manufacturers and marketers of consumer electronics, household appliances, homeware products, and other related items. Key growth drivers for the home furnishings sector include the expansion of residential and commercial construction sectors, with increasing infrastructure development leading to an uptick in sales of new furniture and furnishings. Furthermore, the growing trend towards home renovation projects in major economies such as the US, China, and India is also fueling demand for pillows, including toss pillows and down sleeping pillows, in both residential complexes and hotels.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/