Sheets and pillowcases in terms of type generated the highest revenue share in Global Luxury Sleep Market – 6Wresearch
In terms of type segment, sheets and pillowcases led the market in 2023. Sheets and pillow cases accomplished the largest revenue in the market and this was due to their versatility and rising demand across the world.
According to 6Wresearch, Global Luxury Sleep Market size is projected to grow at a CAGR of 3.9% during 2024–30F. In recent years, UDS e-commerce shipping has gained momentum, providing a reliable and cost-effective means of delivering high-quality luxury bedding and linens. Their extensive global network has enabled niche players like Icelandic Down to expand internationally. The luxury bedding sector is experiencing a surge in startups like Leesa, Brooklinen, Crane & Canopy, and Boll & Branch, driven by the expanding e-commerce landscape and a heightened focus on quality sleep. Further, demand for visually appealing blankets and beds due to rising home décor trend fuels market growth.
The global luxury sleep market encompasses challenges stemming from US-China trade tensions, export restrictions due to the Russia-Ukraine conflict, infrastructure limitations in South Africa and Egypt, European tax policies, and evolving consumer behaviour owing to diverse cultural preferences. Addressing these constraints requires luxury sleep brands to adopt a strategic and adaptive approach to their operations and market expansion efforts worldwide.
According to Abhishek, Senior Research Analyst, 6Wresearch, Europe led the market in terms of revenue since this market in Europe is thriving due to the presence of billionaires and a flourishing luxury tourism and hospitality sector. France remains a hotspot for billionaires, driving increased demand for high-end bedding and sleep products. Anticipated growth in luxury tourism and hospitality will further stimulate demand for premium sleep solutions.
Global Luxury Sleep Market (2024-2030) report provides an in-depth analysis with 136 figures and 109 tables, covered in 63 pages. The report comprehensively covers the market by type, blankets, sheets and pillowcases, pillows, bed and region. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.
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