Global Bed and Bath Furnishings Market, By Product Type (Bed Furnishings, Bathroom Accessories), Distribution Channel (Speciality Stores, Supermarkets and Hypermarkets, Online, Other Distribution Channels), End-User (Residential, Commercial) – Industry Trends and Forecast to 2030.
Bed and Bath Furnishings Market Analysis and Size
Nowadays, increasing attention towards gaining trending bathroom and bedroom styles has influenced major bathroom and bedroom renovation projects with functional furniture. The increasing wave of millennials buying homes, mainly older homes, which need more refurbishment, positively influences the market growth. Moreover, increasing support from the government is also enhancing the market's growth. For instance, the Indian government offers low-interest rates reconstruction loans and housing loans to the citizens. This will likely increase the demand for bed and bath furnishing products over the forecast period.
Data Bridge Market Research analyses that the bed and bath furnishings market is expected to reach USD 4,006.25 million by 2030, which was USD 2,650.4 million in 2022, registering a CAGR of 5.30% from 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Bed and Bath Furnishings Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Bed Furnishings, Bathroom Accessories), Distribution Channel (Speciality Stores, Supermarkets and Hypermarkets, Online, Other Distribution Channels), End-User (Residential, Commercial)
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Countries Covered
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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, South Africa, Egypt, Israel, 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
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Market Players Covered
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LIXIL Corporation (Japan), Zurn Industries LLC. (U.S.), Masco Corporation (U.S.), Bella Group (U.S.), Kohler Co. (U.S.), Jaquar (India), VITRA INTERNATIONAL AG. (Switzerland), Kerovit (India), Hollanders (Netherlands), TOTO LTD. (India), Tempur-Pedic North America, LLC. (U.S.), Inter Ikea Systems B.V. (Netherlands), Welspun (India), Moen Incorporated (U.S.), Trident Limited (India), Villeroy & Boch (Germany), Roca Sanitario, S.A (Spain), Ecolab (U.S.), CleanWell, LLC. (U.S.)
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Market Opportunities
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Market Definition
Bed and bath furnishings include the material or products used to enhance the beauty or aesthetics of the bathroom and bedroom. It involves bed sheets, pillow covers, showers, wash basins, and many other products used to decorate and maintain the interior of the bathroom and bedroom. Bed and bath furnishings play an important role in transforming the ineteriore of house into a inviting and comfortable home.
Global Bed and Bath Furnishings Market Dynamics
Drivers
- Growth and expansion of real estate construction along with the commercial sector
Growth and expansion of real estate construction along with the commercial sector are likely to propel the growth of the expenditure on the global market. Bath furnishings can be defined as the type of equipment used in the bathrooms, such as racks, hooks, grab bars, or rings for paper holders, towels, and others. Bed and bath furnishings are used for maintaining the standard of living, available in various shapes and sizes and materials, gaining huge popularity among the end-user.
- Increasing consumer expenditure on home furnishing
The growing consumer expenditure on home furnishing is significantly driving the growth of the bed and bath furnishings market. Since bed and bath furnishings enhance the hygiene, décor, comfort, and warmth of the house, consumers are increasing their expenditure on bed and bath furnishings to provide a more sophisticated and hygienic appearance to their houses. Therefore, the growing consumer expenditure on home furnishing boosts the market's growth.
Opportunities
- The growing trend of customizable bed covers and mattresses
Developing customizable bed covers and mattresses is a major trend gaining popularity in the bed and bath furnishings market. Major companies in the bed and bath furnishings sector focus on developing customizable bed covers and mattresses to strengthen their position. For instance, in 2021, Brooklyn Bedding introduced Brooklyn Custom, the most customizable mattress to fit individual sleep needs. The Brooklyn Custom mattress has three sizes: king, queen, and cal king. Therefore, the increasing trend of customizable bed covers and mattresses will likely generate lucrative market growth opportunities.
- Rising usage of bed and bath furnishings in residential applications and commercial sectors
Nowadays, the use of bed and bath furnishings is gaining huge traction in residential and commercial sectors. Since it can be extensively used in residential buildings, such as apartments, homes and many other, and commercial buildings such as hotels, resorts, motels and others. Likewise, adopting modern bed and bath furnishings has shown a small footprint that styles the home more stylish, modern, and sophisticated. Hence, increasing usage of bed and bath furnishings in residential applications and commercial sectors will create immense demand for manufacturers in the market.
Restraints/ Challenges
- Volatility in the costs of raw materials
The costs of raw materials used to manufacture bed and bath furnishings products are subject to instabilities due to numerous factors, such as supply and demand, weather conditions, and geopolitical events. These fluctuations can negatively impact manufacturers' productivity and the valuing of bed and bath furnishings products.
This bed and bath furnishings market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized 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 the bed and bath furnishings 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 Bed and Bath Furnishings Market Scope
The bed and bath furnishings market is segmented on the basis of product type, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Bed Furnishings
- Bed Sheets
- Pillow Covers
- Blanket
- Comforter
- Bathroom Accessories
- Wash Basins
- Showers
- Shower Enclosures
- Mixers and Taps
- Screens and Trays
- Fitted Bathroom Furniture
- Soap Holders
- Small Cabinets
- Towel Rails
- Rings
Distribution Channel
- Speciality Stores
- Supermarkets and Hypermarkets
- Online
- Other Distribution Channels
End-User
- Residential
- Commercial
Bed and Bath Furnishings Market Regional Analysis/Insights
The bed and bath furnishings market is analyzed and market size insights and trends are provided by country, product type, distribution channel and end-user as referenced above.
The countries covered in the bed and bath furnishings 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, South Africa, Egypt, Israel, 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.
Europe dominates the bed and bath furnishings market because of changing consumer preferences and growing demand for proper and advanced home furnishing accessories in this region. Furthermore, increasing retail networks and easy access to a wide range of bed and bath furnishings products will likely boost this region's market growth.
Asia-Pacific is expected to be the fastest developing region during 2023-2030 due to the increasing real estate sector in developing countries, such as India and China. Moreover, the increasing share of millennials in the bed and bath furnishings market will further increase the market growth in this region
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 Bed and Bath Furnishings Market Share Analysis
The bed and bath furnishings 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 bed and bath furnishings market.
Some of the major players operating in the bed and bath furnishings market are:
- LIXIL Corporation (Japan)
- Zurn Industries LLC. (U.S.)
- Masco Corporation (U.S.)
- Bella Group (U.S.)
- Kohler Co. (U.S.)
- Jaquar (India)
- VITRA INTERNATIONAL AG. (Switzerland)
- Kerovit (India)
- Hollanders (Netherlands)
- TOTO LTD. (India)
- Tempur-Pedic North America, LLC. (U.S.)
- Inter Ikea Systems B.V. (Netherlands)
- Welspun (India)
- Moen Incorporated (U.S.)
- Trident Limited (India)
- Villeroy & Boch (Germany)
- Roca Sanitario, S.A (Spain)
- Ecolab (U.S.)
- CleanWell, LLC. (U.S.)
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