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Global Smart Pillow Market – Industry Trends and Forecast to 2030

FMCG

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Global Smart Pillow Market – Industry Trends and Forecast to 2030

  • FMCG
  • Upcoming Report
  • Oct 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Smart Pillow Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 1,281.59 USD Million
Diagram Market Size (Forecast Year) USD 10,746.54 USD Million
Diagram CAGR %

Major Markets Players

  • Messe Frankfurt GmbH
  • Peter Kohl Nachfolger Franz Kohl KG
  • Down & Feather Company LLC
  • ROHDEX Bettfedern GmbH & Co. KG
  • DOWNLITE

Global Smart Pillow Market, By Product Type (Anti-snoring, Multifunctional and Others) Material (Latex Pillow, Foam Pillow, Down and Feather Pillow, Wool/ Cotton Pillow, Polyester Pillow and Others) Application (Residential, Hotel, Hospital, Nursing Home, School and Others) Distribution Channel (Online Distribution Channel and Offline Distribution Channel) - Industry Trends and Forecast to 2023 to 2030.

Smart Pillow Market

Smart Pillow Market Analysis and Size

The essential factors contributing to the growth of the global smart pillow market in the forecast period of 2023 to 2020 include increasing consumer preferences towards luxury and comfort products, increased focus on the product innovations by the manufacturers, and increasing personal disposable income.

Data Bridge Market Research analyses that the global smart pillow market which was USD 1,281.59 million in 2022, is expected to reach USD 10,746.54 million by 2030, growing at a CAGR of 30.8% during the forecast period of 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.

Smart Pillow Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Anti-snoring, Multifunctional and Others) Material (Latex Pillow, Foam Pillow, Down and Feather Pillow, Wool/ Cotton Pillow, Polyester Pillow and Others) Application (Residential, Hotel, Hospital, Nursing Home, School and Others) Distribution Channel (Online Distribution Channel and Offline Distribution Channel)

Countries Covered

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, and Rest of Middle East and Africa

Market Players Covered

Messe Frankfurt GmbH (Germany), Peter Kohl Nachfolger Franz Kohl KG (Germany), Down & Feather Company, LLC (U.S.), ROHDEX Bettfedern GmbH & Co. KG (Germany), DOWNLITE (U.S.), Karl Sluka GmbH (Germany), ADVANSA (Germany), Advanced Sleep Technologies (U.S.), Processing Technology Ltd. (U.K.), Gio Clavis (South Korea), Medical Tactile Inc. (Canada), Smart Nora (Canada), SleepSmart Pillow (Germany), iSense AG (Switzerland), MAETEL (Spain), REM-Fit (U.S.), 10minds (Germany), Dreampad (U.S.), and MyPillow (U.S.)

Market Opportunities

  • Increasing awareness for sleep health
  • Rising stress and sleep disorders

Market Definition

Smart pillow refers to the measures and equipment used to safeguard an individual's respiratory system from exposure to harmful airborne contaminants, chemicals, dust, fumes, gases, or infectious agents. This protection is crucial in various occupational settings, healthcare environments, and emergency response situations to prevent respiratory illnesses, injuries, and long-term health effects.

Global Smart Pillow Market Dynamics

Drivers

  • Rising Stress and Sleep Disorders

Modern lifestyles, stress, and sleep disorders such as sleep apnea have increased the demand for sleep-related solutions. Smart pillows can provide valuable insights and potentially alleviate some sleep-related issues. Coping up with these problems is a primary driver for companies to invest in smart pillow market.

  • Increasing Awareness of Sleep Health

A growing awareness of the importance of quality sleep for overall health and productivity is driving interest in products that can enhance sleep, such as smart pillows, leading to higher demand for global smart pillow products.

Opportunities

  • Integration with Smart Homes

The trend towards smart homes and the internet of things (IoT) means that consumers are more open to incorporating smart devices into their daily lives, including their sleep routines. As a result, the need for smart pillow is expected to increase.

  • E-Commerce and Direct-To-Consumer Sales

E-commerce platforms and direct-to-consumer sales models have made it easier for companies to reach consumers directly, reducing distribution costs and making smart pillows more accessible. Moreover, competition among manufacturers and start-ups in the smart pillow space is driving innovation and leading to the development of increasingly advanced and affordable products.

Restraints/Challenges

  • Maintenance and Durability Issues

Electronic components in smart pillows may wear out over time or become damaged with regular use. Consumers may be reluctant to invest in a product that requires ongoing maintenance or replacement.

  • Cost Constraints of Smart Pillows

Smart pillows can be expensive compared to traditional pillows. The cost of incorporating advanced sensors, electronics, and connectivity features can deter price-sensitive consumers.

This global smart pillow 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 global smart pillow market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In August 2023, Messe Frankfurt already received the AEO Excellence Award 2023 in the Best Sustainability Initiative category from the Association of Event Organisers (AEO) in the U.K. in recognition of its outstanding efforts in the event sector.

Global Smart Pillow Market Scope

The global smart pillow market is segmented on the basis of product type, material, application and distribution channel. The growth amongst these segments will help you analyse 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

  • Anti-snoring
  • Multifunctional
  • Others

Material

  • Latex Pillow
  • Foam Pillow
  • Down and Feather Pillow
  • Wool/ Cotton Pillow
  • Polyester Pillow
  • Others

Application

  • Residential
  • Hotel
  • Hospital
  • Nursing Home
  • School
  • Others

Distribution Channel

  • Online Distribution Channel
  • Offline Distribution Channel

Global Smart Pillow Market Regional Analysis/Insights

The global smart pillow market is analysed and market size insights and trends are provided by product type, material, application and distribution channel as referenced above.

The countries covered in the global smart pillow market report are 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, and Rest of Middle East and Africa

North America dominates the global smart pillow market and will continue to extend its dominance during the forecast period of 2023 to 2030, owing to growing prevalence of sleep disorders and presence of major players in the region.

Asia-Pacific is expected to show significant growth and become the fastest growing region in the global smart pillow market forecast period of 2023 to 2030, due to increasing disposable income and rising preference for modern health related accessories.

The country section of the 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 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 Global Smart Pillow Market Share Analysis

The global smart pillow 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 global smart pillow market.

Some of the major players operating in the global smart pillow market are:

  • Messe Frankfurt GmbH (Germany)
  • Peter Kohl Nachfolger Franz Kohl KG (Germany)
  • Down & Feather Company, LLC (U.S.)
  • ROHDEX Bettfedern GmbH & Co. KG (Germany)
  • DOWNLITE (U.S.)
  • Karl Sluka GmbH (Germany)
  • ADVANSA (Germany)
  • Advanced Sleep Technologies (U.S.)
  • Processing Technology Ltd. (U.K.)
  • Gio Clavis (South Korea)
  • Medical Tactile Inc. (Canada)
  • Smart Nora (Canada)
  • SleepSmart Pillow (Germany)
  • iSense AG (Switzerland)
  • MAETEL (Spain)
  • REM-Fit (U.S.)
  • 10minds (Germany)
  • Dreampad (U.S.)
  • MyPillow (U.S.)


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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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FREQUENTLY ASK QUESTIONS

The Smart Pillow Market will be worth USD 10,746.54 million by 2030.
The Smart Pillow Market Growth rate is 30.8% during the forecast period.
Rising Stress and Sleep Disorders & Increasing Awareness of Sleep Health are the growth drivers of the Smart Pillow Market.
The product type, material, application and distribution channel are the factors on which the Smart Pillow Market research is based.
Messe Frankfurt already received the AEO Excellence Award 2023 in the Best Sustainability Initiative category from the Association of Event Organisers (AEO) in the U.K. in recognition of its outstanding efforts in the event sector is the latest developments in the Smart Pillow Market.
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