Travel Pillow Market Share, Demand, Top Players, Industry Size, Future Growth By 2029
The global travel pillow market size is expected to gain momentum owing to the rising need for comfortable pillows during the forecast period. This information is published by Fortune Business Insights™ in an upcoming report, titled, “Travel Pillow Market, 2022-2029.” The market is growing due to slim back designs, ease of inflating and deflating, lightweight nature, and mobility. The rise in tourism, and the growing travel industry, has resulted in the availability of various transportation options, which will raise demand for travel pillows. For instance, in April 2020, My Green Mattress, a leading organic and sustainable sleep solution provider, introduced an organic pillow, a waterproof cover, and plush toppers.
COVID-19 Impact-
Supply Chain Disruption to Hamper the Market Growth
COVID-19 has had a negative impact on a wide number of industries. The entire shutdown of warehouses and factories throughout the world has thrown supply networks into disarray. The industry's obstacles as a result of the lockdown, such as falling output, plant closures, travel restrictions, workforce shortages, and a disrupted distribution network, have impacted the industry.
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Fortune Business Insights™ lists out all the travel pillow market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market:
- US Jaclean Inc.
- ComfyCommuter
- Core Products International
- Cushion Xpress
- Xen Pillow Manufacturing Corporation
- Lewis N. Clark
- Tempur Sealy International SA
Key Players Assessment in this Research:
- The report offers detailed analysis of leading companies in the market across the globe.
- It provides details of the major vendors involved in this market
- A comprehensive overview of each company including the company profile, generated revenue, pricing of goods and the manufactured products is incorporated in the report.
- The facts and figures about market competitors along with standpoints of leading market players are presented in the report.
- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.
Report Aim & Scope:
- An overview of the market based on geographical scope, segmentation and financial performance of key players is presented in the report.
- The report presents the estimated market size by the end of forecast period. Additionally, the historical and current market size is also examined in the report.
- Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
- The report presents current trends in the industry and future scope of the market in North America, Asia Pacific, Europe, Latin America and Europe.
- The various parameters accelerating the growth of the market are incorporated in the research report.
- The report analyzes growth rate, market size and valuation of the market during the forecast period.
What does the Report Offer?
The report examines the demand and supply-related aspects driving the market, and key dynamics affecting the market throughout the projected period, such as drivers, constraints, opportunities, and future trends. The paper gives a comprehensive overview of the industry, using both qualitative and quantitative data. It gives a broad overview of the worldwide market and forecasts for major segments. It also includes estimates of market size and forecasts for major regions.
Drivers & Restraints-
High Demand for Smart Pillows to Stimulate the Growth
The increasing demand for smart pillows is anticipated to bolster the travel pillow market growth in the coming years. There has been an increase in the use of modern technology. Smart pillows have also made their way into worldwide markets as per this trend. These pillows are created to provide comfort and provide functionality in the form of smart alerts and relaxing sleeping modes. As a result, new vendors joining the global pillow market will benefit from the adoption of smart pillows.
Regional Insights-
Presence of Transportation Facilities to Promote Growth in Asia Pacific
Asia Pacific is expected to hold the largest global travel pillow market share during the forecast period. The availability of a large number of public transport options, and the main travel routes, encourage visitors to use pillows.
North America is anticipated to hold a significant position in the market. Because of the high import activity for mattress and bedding products in countries like the United States and Canada. Pet travel pillows are also in high demand due to the region's widespread humanization of pets.
Segments-
By product type, the market is segmented into multipurpose travel pillows, head support pillows, neck support pillows, and others. On the basis of material, the market is segregated into cotton, polyester, wool & hemp, silk, and others. By distribution channel, the market is divided into supermarkets, specialty stores, online stores, and others. Finally, by geography, the market is categorized into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
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Competitive Landscape-
Manufacturers to Focus on R&D Investments to Offer Advanced Products
The study examines the major players in the market, and the market share and development through time. It provides a detailed look at some of the most recent corporate strategies used by some key worldwide players, including mergers, collaborations, product launches, and high operational expansions. The report explains how important businesses are investing in R&D to assist grow their existing company operations and geographical reach.
The Global Travel Pillow Market Research/Analysis Report Contains Answers to your following Questions:
- Which Manufacturing Technology is used for Travel Pillow ? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Travel Pillow Market? What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Market Status of Travel Pillow Market? What Was Capacity, Production Value, Cost and PROFIT of Travel Pillow Market?
- What Is Current Market Status of Travel Pillow Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Travel Pillow Market Trends by Taking Applications and Types in Consideration?
- What Are Projections of Global Travel Pillow Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- What Is Travel Pillow Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Travel Pillow Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Travel Pillow Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Travel Pillow Industry?
Industry Development-
- July 2019: To provide a soothing option to long-haul economy class flying passengers, Airbus India designed a versatile and highly comfortable nap-easy travel pillow.
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