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Subject: MRR

Latex Pillow Market size to grow by USD 591.33 Mn | Market Research Insights highlight the increase in online retailing as Key Driver |Technavio


NEW YORK, May 16, 2022 /PRNewswire/ -- According to the research report, Latex Pillow Market will witness a YOY growth of 2.74% in 2022 at a CAGR of 4.42% during the forecast period. Increased online retailing is one of the primary elements driving growth in the latex cushion industry.

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

For more insights on YOY and CAGR, Read our latest Sample Report

Vendor Insights 

Latex Pillow Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.?  

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

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Sample Report. 

Geographical Market Analysis 

North America will account for 41% of the market's growth. In North America, the United States is the most important market for latex pillows. The market in this region will grow faster than the markets in Europe, the Middle East, and South America.

Over the projected period, the latex pillow market in North America will benefit from the growing number of local and worldwide vendors and their diverse product offerings.

Furthermore, countries such as the US, China, Japan, UK, and Germany are expected to emerge as prominent markets for Latex Pillow Market during the forecast period. 

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read our Sample Report. 

Key Segment Analysis

The offline segment's share of the latex pillow market will expand significantly. The worldwide latex pillow market's offline distribution channel held the most market share in 2021. This is primarily due to the fact that offline distribution remains the most effective way of distribution. Customers can examine things before buying them via the offline channel, which is considered the most influential marketing channel. Sales of latex pillows are driven by an increase in the number of hypermarkets, supermarkets, and other convenience stores.

View Sample Report: to know additional highlights and key points on various market segments and their impact in coming years. 

Key Market Drivers & Challenges: 

Increased online retailing is one of the primary elements driving growth in the latex cushion industry. Another trend that is predicted to have a favorable impact in the coming years is increased consumer expenditure on soft households. During the projection period, however, strict textile industry regulations will be a big barrier for the latex cushion market.

Download the sample Report for highlights on market Drivers & Challenges affecting the Latex Pillow Market. 

Customize Your Report 

Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.  

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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.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Distribution Channel

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us: 

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. 

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