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Freedonia Market Research Press Releases US Bed & Bath Furnishing Demand to Grow 2.3% Yearly in Nominal Terms to 2022

US Bed & Bath Furnishing Demand to Grow 2.3% Yearly in Nominal Terms to 2022

by Corinne Gangloff

October 17, 2018

Cleveland, OH, October 17, 2018 — US bed and bath furnishing demand is forecast to see 2.3% annual growth in nominal terms through 2022, according to Bed & Bath Furnishings: United States, a report recently released by Freedonia Focus Reports. Advances will be driven by rising levels of disposable income – which will support mounting demand for high-end luxury products – and an expanding number of households, a fundamental driver of demand in volume terms. In addition, suppliers are expected to benefit from an apparent bottoming-out of achievable price reductions among foreign producers. Ongoing development of materials and processes that yield products of novel, environmentally conscious, or improved quality will provide further incentive for consumers to spend on more-costly furnishings.

Demand gains in the pillows and cushions segment will outpace those in other segments, boosted by trading-up activities as consumers seek out pillows with value-added characteristics, including hypoallergenic properties and features that offer better-quality sleep. The expanding acceptance by consumers of non-innerspring mattress types – such as those manufactured with latex, viscoelastic memory foam, and gel components – is expected to promote demand for higher-priced specialty bed pillows made of the same materials.

These and other key insights are featured in Bed & Bath Furnishings: United States. This report forecasts to 2022 US bed and bath furnishings demand and shipments in US dollars at the manufacturer level. Total demand and shipments are segmented by product in terms of:

  • sheets and pillowcases
  • bedspreads, blankets, and comforters
  • pillows and cushions
  • towels and washcloths

To illustrate historical trends, total demand, total shipments, the various segments, and trade are provided in annual series from 2007 to 2017.

For the purposes of this report, pillows and cushions include decorative types (sometimes called accent or throw pillows) in addition to bed pillows. Mattress toppers, mattress pads, and electric blankets are excluded from the scope of this report. Re-exports of bed and bath products are excluded from demand and trade figures.

More information about the report is available at:

https://www.freedoniafocusreports.com/Bed-Bath-Furnishings-United-States-FF15025/ 

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