23 Aug, 2019

Latex Pillow Market Size | Influential Trends and the challenges in Household Products,Household & Personal Products sector to reach CAGR of 6.25% till 2023

The Latex Pillow Market in Europe, Asia Pacific, North America, Middle East, and Africa, Latin America and China appear to be highly fragmented due to the presence of several international, regional, and local vendors. Latex Pillow providers compete intensely in terms of price, quality, regulatory compliance, and innovation. To attain a competitive advantage over the other players, the vendors are focusing on technological innovations and RandD investments. The high growth potential of the market encourages the entry of several start-ups and adoption of inorganic strategies and this will, in turn, impact the performance of the vendors in the Household Products, Household and Personal Products Sector.



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About Latex Pillow Market:



Latex pillows are durable and supportive bedding essentials. Technavio’s latex pillow market analysis considers sales through both offline and online segments. Our analysis also considers the sales of Latex Pillow in APAC, Europe, MEA, North America, and South America. In 2018, the offline segment held the highest market share, which is expected to remain prevalent over the forecast period. Factors such as the availability of a wide range of latex pillows in hypermarkets, supermarkets, convenience stores, and others will significantly help the offline segment in maintaining its leading market position. Also, our global latex pillow report has observed market growth factors such as the increasing adoption of natural latex pillows, increasing demand from the hotel industry, and new product launches. However, stringent regulations in the textile industry, lack of standardization, and the increasing availability of substitutes may hamper the growth of the latex pillow industry over the forecast period.



Latex PillowMarket 2019 Trend, Challengeand Driver: -



Global Latex Pillow Market Overview:





  • Increasing adoption of natural latex pillows


  • Natural latex pillows are chemical-free and do not have synthetic latex. They are also hypoallergenic. Furthermore, they have moisture-absorbing properties. The health and functional benefits offered by latex pillows are increasing their popularity. Therefore, most of the vendors in the global latex pillow market have started offering natural latex pillows to increase sales. The increasing adoption of natural latex pillows will lead to the expansion of the market at a CAGR of almost 7% during the forecast period.


  • Increasing consumer spending on soft home furnishings


  • The rising per capita income, especially in developing countries such as India and China, is increasing spending on home furnishing goods. Also, individuals are opting for products that do not cause adverse health effects. In line with these factors, the sales of latex pillows have increased. Therefore, this trend will have a positive impact on the overall market growth.


  • For the detailed list of factors that will drive the global latex pillow market during the forecast period 2019-2023, click here.




Competitive Landscape





  • With the presence of several major players, the global latex pillow market is fragmented. Technavio’s robust vendor analysis is designed to help clients in improving their market positions, and in line with this, this report provides a detailed analysis of several leading Latex Pillow manufacturers, which include Ascion LLC, DeRUCCI International Holdings Ltd., Dunlopillo Holdings Sdn Bhd, Hollander Sleep Products LLC, and Latexco NV.


  • Also, the latex pillow market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.




Geographic Segmentation:





  • North America(UnitedStates, Canada, andMexico)


  • Europe(Germany, France, UK, Russia, andItaly)


  • Asia-Pacific(China, Japan, Korea, India, andSoutheast Asia)


  • South America(Brazil, Argentina, Colombia)


  • The MiddleEast and Africa(Saudi Arabia, UAE, Egypt, Nigeria, andSouth Africa)




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List Of Key vendorsoperating in 2019 Latex Pillow market space are



Ascion LLC, DeRUCCI International Holdings Ltd., Dunlopillo Holdings Sdn Bhd, Hollander Sleep Products LLC, and Latexco NV.



Consumer Landscape: -



The key to any successful business is understanding the new demands of the customers and keeping a close watch on the changing model of the client base. The more you engage with your client base, the clearer you are about the most productive ways in which to hook your ideal customer. Predicting what your customers want, even before they themselves know about it, is the first step to profitable innovation.



This Latex Pillow market 2019 research is a result of: -





  • Qualitative analysis: -Latex Pillow Market drivers, 2019 Market challenges, Market trends, Five forces analysis.


  • Quantitative analysis: -Latex Pillow Market size and forecast, 2019 Market segmentation, Geographical insights, Competitive landscape.


  • Primary research: - Latex Pillow Industry journals and periodicals, Government bodies, Annual reports of key stakeholders.


  • Secondary research: -Latex Pillow Manufacturers/suppliers, Channel partners, Industry experts, Strategic decision makers.


  • Data synthesis:- Collation of data, Estimation of key figures, Analysis of derived insights.


  • Data validation:- Triangulation with data models, Reference against proprietary, databases, Corroboration with industry experts.




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Table of Contents included in Latex Pillow Market 2019 Report -PART 01: Executive summary



PART 02: Scope of the report





  • Market overview


  • Base year


  • Forecast period


  • Market coverage


  • Market size calculation


  • Geographical segmentation


  • Vendor segmentation




PART 03: Research Methodology





  • Research methodology


  • Economic indicators




PART 04: Introduction





  • Key market highlights




PART 05: Market landscape



PART 06: Market segmentation by end-user industry



PART 07: Market segmentation by application



PART 08: Geographical Segmentation



PART 09: A Decision framework



PART 10: Impact of drivers and challengesAnd Many More Parts Covered.



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Press Release Distributed by The Express Wire

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