The global latex pillow market size is anticipated to reach USD 387.42 million by 2025 registering a CAGR of 4.9%, according to a new report by Grand View Research, Inc. Rising cases of cervical spondylosis owing to sedentary lifestyle have increased the demand the product. In addition, demand for high-end lifestyle products is driving growth of this market. Increasing cases of neck pain, joint pain, backache issues, and spinal misalignment are boosting the demand for high-quality pillows, which, in turn, is expected to drive the market over the coming years.
According
to the study published in 2017 by the National Center for Biotechnology
Information, 20.3% of the global population suffered from neck pain. Latex
pillows help in pain relief and are also recommended by osteopaths, therapists,
and chiropractors for people suffering from back problems as these pillows
promote proper alignment of the spine on account of natural elasticity of the
material. In addition, these pillows also help reduce allergies and
accumulation of microbes and dust mites. The blended mix type segment led the
global market in 2018.
The
combination of natural latex with a mixture of synthetic, rayon, cotton, and
memory foam increases the product durability and cuts short on chemical
production of bedding products. Moreover, products made from a combination of
different materials helps cut down on the cost incurred in producing 100%
natural latex pillows. Companies in the market are investing more in R&D to
develop innovative products. For instance, Essence of Bamboo produces latex
pillow with shredded latex and a blend of poly fil.
This
combination helps retain bounce and softness for a longer time and also
improves the airflow of the pillow. North America was the dominant regional
market in 2018. Increasing construction activities across the region drives the
demand for home furnishing and bedding products, which is expected to fuel the
market growth. In addition, strong presence of key manufacturers, such as
United Pillow Manufacturing, Inc. and Sleep Artisan, contributes to the
region’s growth further.
For Full Research Report On Latex Pillow Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/latex-pillow-market
Further key
findings from the study suggest:
- Residential sector is
expected to be the fastest-growing, as well as the largest, application
segment over the forecast period
- The commercial segment also
held a considerable market share in the past and is expected to witness a
steady growth at a CAGR of 4.8% from 2019 to 2025
- North America will account
for the largest share of the latex pillow market by 2025. However, Asia
Pacific is said to be the fastest-growing regional market at a CAGR of
5.7% from 2019 to 2025
- Prominent companies in the
global market are Sleep On Latex; Simmons Bedding Company LLC.; Sealy
Corp.; Serta, Inc.; Talalay Global; Shevick Sales Corp.; and United Pillow
Manufacturing, Inc.
Request a Sample Copy of the Report @
https://www.grandviewresearch.com/industry-analysis/latex-pillow-market/request/rs1
Grand View Research has segmented
the global latex pillow market on the basis of type, application, and region:
Latex Pillow Type
Outlook (Revenue, USD Million, 2015 - 2025)
- Blended Mix
- Natural
- Synthetic
Latex Pillow
Application Outlook (Revenue, USD Million, 2015 - 2025)
- Residential
- Commercial
Latex Pillow
Regional Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Europe
- Germany
- U.K.
- Asia Pacific
- China
- India
- Central & South America
- Brazil
- Middle East & Africa
About Grand View Research
Grand View Research, Inc. is a U.S. based
market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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