Global Sleeping Pillow market will reach 19300 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/7/23

Sleeping pillow is a support for the head used while sleeping on a bed. The pillow is a kind of sleep tool. Generally, the sleeping pillow could provide sleep comfort. From the understanding of modern medical research, human spine is a straight line from the front view, but three physiological curves from the side view. In order to protect the normal physiological neck bending protection, sleeping pillow should be used.

Sleeping Pillow refers to a support for the head used while sleeping on a bed. It contains cotton pillow, down pillow, memory foam pillow, and others. The sleeping pillow industry is characterized by a large number of competitors, none of which are dominant. As raw materials are easily available and downstream market is wide, so manufacturers of sleeping pillow are distributed around the world.

With the rapid development of economy and people's living standards gradually improved, global demand for sleeping pillow is increasing. The major downstream is household application. In 2016, residential application accounts for 50.79% of global consumption, hotel application takes 25.67%.

Asia-Pacific is the dominate consumer in pillow industry. The sales volume of China was 681 Million PCS in 2016, occupied about 50.68% of the total amount. MEA & LA is second consumer, with the sales volume of 233 Million PCS, and the sales market share of 17.34% in 2016.

The global average sale price of pillow is in the increasing trend, from 9.1 USD /PCS in 2012 to 9.8 USD/PCS in 2016. Retail price will be higher, according to our statistics, the global retail price in 12.9 USD/PCS. With the situation of competition, prices will be in increasing trend in the following five years.

In 2018, the global Sleeping Pillow market size was 15600 million US$ and is forecast to 19300 million US in 2025, growing at a CAGR of 3.1% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Sleeping Pillow.

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