Latex Pillow Market by Distribution Channel and Geography - Forecast and Analysis 2022-2026

The predicted growth of the latex pillow market size from 2021 to 2026 is USD 591.33 million, at a progressing CAGR of 4.42%.

This latex pillow market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The latex pillow market report also offers information on several market vendors, including Altaflex Srl, Ascion LLC, Boyd Sleep, Brentwood Home LLC, Brooklyn Bedding, Comfort Mattresses Mfg.Co., Duoflex, FloBeds, Hollander Sleep Products LLC, IMMa Mattress, Kerala Rubber Products Pvt. Ltd., Kingsdown Inc., Latexco LLC, Organic Mattress Inc., ROYAL-PEDIC MATTRESS MFG., Saatva Inc., Serta Simmons Bedding LLC, Shevick Sales Corp., Sleep EZ USA, Sleeping Organic, Talalay Global, and United Pillow Manufacturing inc. among others.

This report extensively covers latex pillow market segmentation by the following:

• Distribution Channel - Offline and Online
• Geography - North America, Europe, APAC, Middle East and Africa, and South America

What will the Latex Pillow Market Size be During the Forecast Period?

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Latex Pillow Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The increase in online retailing is notably driving the latex pillow market growth, although factors such as stringent regulations in the textile industry may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the latex pillow industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Latex Pillow Market Driver

• One of the key factors driving growth in the latex pillow market is the increase in online retailing.
• The growing penetration of the Internet and the high availability of smart gadgets have increased consumers' access to online shopping platforms.
• Vendors and retailers are using online platforms to expand their geographical reach and consumer base. The convenience of online shopping and additional transactional features of e-commerce platforms also boost the growth of the global latex pillow market.
• Small and local market players are increasing their sales by making their products available online on a domestic scale. Thus, increasing Internet penetration, growing consumer trust in online retail, quick shipping services, and shifting consumer preferences play a significant role in the growth of the market.
• With the increasing number of Internet users, manufacturers and retailers have considerable market potential in developing countries. These advantages create a lucrative distribution channel for latex pillows, thereby driving the market growth. 

Key Latex Pillow Market Trend

• The increasing consumer spending on soft households is a latex pillow market trend that is expected to have a positive impact in the coming years.
• Anything that is made up of soft materials, such as mattresses, curtains, latex, and different types of pillows (including latex pillows), covers, sofas, bed sheets, and others, are included in the category of soft households.
• There has been an increase in spending on these soft household items by consumers worldwide in recent years. This, in turn, is driving the global latex pillow market, which is a contributing segment of the global household retail market.
• The rising per capita income in developing economies such as India and China has further contributed to the increase in spending on household goods. 
• The rise in disposable income, along with the growing awareness regarding households, has increased the overall spending on household goods, including latex pillows. This rising consumer spending over the years has become a popular trend in the market and will be a driving factor for the growth of the global latex pillow market.

Key Latex Pillow Market Challenge

• The stringent regulations in the textile industry will be a major challenge for the latex pillow market during the forecast period.
• The textile industry is subjected to a large number of stringent regulations, policies, and safety standards. These regulations are enforced to ensure consumer safety and well-being as well as protect the environment.
• The imposition of such stringent regulations by various government and non-government authorities in the textile industry and the mandate to comply with them pose a threat to the growth of the global textile industry, including the latex pillow segment. 
• There are various stringent textile regulations imposed by various regulatory bodies operating in multiple regions.
• Several regulatory bodies exist in the global textile industry, which monitors the safety standards of consumers and the overall protection of the environment.
• Any non-compliance with these regulations results in product recalls at any stage of the supply chain, which increases the manufacturing and distribution costs and is considered a major threat to vendors.

This latex pillow market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global latex pillow market as a part of the global household products market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the latex pillow market during the forecast period.

Who are the Major Latex Pillow Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Altaflex Srl
• Ascion LLC
• Boyd Sleep
• Brentwood Home LLC
• Brooklyn Bedding
• Comfort Mattresses Mfg.Co.
• Duoflex
• FloBeds
• Hollander Sleep Products LLC
• IMMa Mattress
• Kerala Rubber Products Pvt. Ltd.
• Kingsdown Inc.
• Latexco LLC
• Organic Mattress Inc.
• ROYAL-PEDIC MATTRESS MFG.
• Saatva Inc.
• Serta Simmons Bedding LLC
• Shevick Sales Corp.
• Sleep EZ USA
• Sleeping Organic
• Talalay Global
• United Pillow Manufacturing inc.

 

This statistical study of the latex pillow market encompasses successful business strategies deployed by the key vendors. The latex pillow market is fragmented and the vendors are deploying growth strategies such as pricing and marketing strategies to compete in the market.

Product Insights and News

• boydsleep.com - The company offers mattresses, adjustable bases, platform beds, bed frames, guest beds, and sleep accessories.

• boydsleep.com - The company offers sleep accessories such as sleep air beds as the support core and feature independent adjustability for each side of the bed to give comfort from head to toe which have been designed to improve overall sleep activity.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The latex pillow market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Latex Pillow Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the latex pillow market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Latex Pillow Market?

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41% of the market's growth will originate from North America during the forecast period. The US is the key market for latex pillow in North America. Market growth in this region will be faster than the growth of the market in the European, MEA, and South American regions.

The increasing number of local and global vendors and their diversified range of product offerings will facilitate the latex pillow market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 outbreak in 2020 significantly impacted the latex pillow market in North America, including customer behavior, business revenues, and numerous aspects of corporate operations. The hospitality segment witnessed a sharp drop in the demand for latex pillows, and the performance gap increased significantly over time.  In 2020, more than 4 million customers of the company placed a BOPIS order. As a result, strategic initiatives taken by vendors in the region ensured that consumers could avail household products such as latex pillows even during the pandemic. These factors will continue to drive the growth of the regional latex pillow market during the forecast period.

What are the Revenue-generating Distribution Channel Segments in the Latex Pillow Market?

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The latex pillow market share growth by the offline segment will be significant during the forecast period. In 2021, the offline distribution channel of the global latex pillow market held the highest market share. This is mainly because the offline distribution channel is still the most effective mode of distribution. The offline channel provides customers the advantage of examining products before purchasing, which is considered the most influential means of marketing. An increase in the number of hypermarkets, supermarkets, and other convenience stores drives the sales of latex pillows through this channel. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the latex pillow market size and actionable market insights on post COVID-19 impact on each segment.

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Pillows market - The market size is predicted to surge to USD 9.67 billion from 2021 to 2026 at a CAGR of 5.24%.

Sleeping Pillow market - The market share is expected to increase to USD 8.32 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.3%.

Latex Mattress market - The market share is expected to increase by USD 3.21 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 14.89%.

Latex Pillow Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 4.42%
Market growth 2022-2026	$ 591.33 million
Market structure	Fragmented
YoY growth (%)	2.74
Regional analysis	North America, Europe, APAC, Middle East and Africa, and South America
Performing market contribution	North America at 41%
Key consumer countries	US, China, Japan, UK, and Germany
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Altaflex Srl, Ascion LLC, Boyd Sleep, Brentwood Home LLC, Brooklyn Bedding, Comfort Mattresses Mfg.Co., Duoflex, FloBeds, Hollander Sleep Products LLC, IMMa Mattress, Kerala Rubber Products Pvt. Ltd., Kingsdown Inc., Latexco LLC, Organic Mattress Inc., ROYAL-PEDIC MATTRESS MFG., Saatva Inc., Serta Simmons Bedding LLC, Shevick Sales Corp., Sleep EZ USA, Sleeping Organic, Talalay Global, and United Pillow Manufacturing inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Latex Pillow Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive latex pillow market growth during the next five years
• Precise estimation of the latex pillow market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the latex pillow industry across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of latex pillow market vendors

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