Global Decorative Cushions Pillows And Blanket Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2021 –2028 |
Market Size (Base Year) |
USD 5,500.00 Million |
Market Size (Forecast Year) |
USD 12,674.95 Million |
CAGR |
|
Major Markets Players |
Global decorative cushions, pillows and blanket By Product Type (Decorative Cushions and Pillows and Decorative Blankets), Material (Cotton, Silk, Wool, Polyester, and Others), Type (Printed and Non-Printed), Application (Promotional and Non-promotional), End User (Residential and Commercial), Distribution Channel (Online and Offline), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Decorative Cushions, Pillows and Blanket Market
The decorative cushions, pillows and blanket market is expected to be growing at a growth rate of 11.00% in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the factors responsible for fostering the growth of decorative cushions, pillows and blanket market. This rise in decorative cushions, pillows and blanket market value can be attributed to the various factors such as increased focus of the product manufacturers on product innovations, rising number of residential properties, growing popularity of e-commerce platforms especially in the developing economies and increasing personal disposable income. This signifies that the decorative cushions, pillows and blanket market value, which was USD 5500 million in 2020, would stand tall by USD 12674.95 million by 2028.
The decorative cushions, pillows and blankets are used for both residential and commercial applications. These add to the aesthetic appeal of a property and are available via both online and offline modes of distribution.
Rising consumer preference for cotton, wool and cotton linen materials and increasing personal disposable income are the major factors fostering the growth of market. Growth and expansion of interior designing industry especially in the developing economies, increase in the penetration of electric blankets and rise in the research and development activities are some other indirect market growth determinants. Growing penetration of e-commerce platforms, increased inclination towards purchasing new and trending products, shifting consumer lifestyle and rising globalization and westernization will also create lucrative and remunerative market growth opportunities in the long run.
- On the flip side, high costs of electric blankets, cushions and pillows will pose a major challenge to the growth of market in the long run. Fluctuations in the prices of raw material will further derail the market growth rate. Further, the impacts of covid-19 outbreak will also create hindrances for the market growth rate.
This decorative cushions, pillows and blanket market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on decorative cushions, pillows and blanket market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Decorative Cushions, Pillows and Blanket Market Scope and Market Size
The decorative cushions, pillows and blanket market is segmented on the basis of product type, material, type, application, end user and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the decorative cushions, pillows and blanket market has been segmented into decorative cushions and pillows and decorative blankets. Decorative cushions and pillows segment is sub-segmented into square, round, rectangle, bolsters and novelty shape. Decorative blankets segment is sub-segmented into coverlet, quilt, comforter, duvet, afghan, throw and others.
- On the basis of material, the decorative cushions, pillows and blanket market is segmented into cotton, silk, wool, polyester, and others. Others segment is sub-segmented into acrylic and linen.
- On the basis of type, the decorative cushions, pillows and blanket market is segmented into printed and non-printed. Printed segment is sub-segmented into analogue and digital.
- On the basis of application, the decorative cushions, pillows and blanket market is segmented into promotional and non-promotional. Promotional segment is sub-segmented into cushions and pillows and blankets. Non-promotional segment is sub-segmented into cushions and pillows and blankets.
- On the basis of end user, the decorative cushions, pillows and blanket market is segmented into residential and commercial.
- On the basis of distribution channel, the decorative cushions, pillows and blanket market is segmented into online and offline. Online segment is sub-segmented into e-commerce and company-owned website. Offline segment is sub-segmented into departmental stores, flagship stores and others. Others segment is further bifurcated into megastores and small retailers.
Decorative Cushions, Pillows and Blanket Market Country Level Analysis
The decorative cushions, pillows and blanket market is analysed and market size insights and trends are provided by country, product type, material, type, application, end user and distribution channel as referenced above.
The countries covered in the decorative cushions, pillows and blanket market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific will register the highest CAGR for the forecast period. Rising personal disposable income, rapid globalization, westernization, modernization and surge in the product innovations by major manufacturers are some major market growth determinants for this region.
The country section of the decorative cushions, pillows and blanket market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Decorative Cushions, Pillows and Blanket Market Share Analysis
The decorative cushions, pillows and blanket market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to decorative cushions, pillows and blanket market.
The major players covered in the decorative cushions, pillows and blanket market report are SUMEC Group Corporation., Winton House, Wayfair LLC, Fresh American, LLC d/b/a The Annie Selke Companies, Nordstrom, Inc., Nautica, URBN.com., Boll & Branch LLC, The Company Store, Harshit International, Faribault Woollen Mill., URBANARA, American Blanket Company, Medline Industries, Inc., Kanata Blanket Co., Newell Brands., Bombay Dyeing., New Zealand Wool Blankets Ltd., Barker Textiles UAB and Morphy Richards India among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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