Europe Down Alternatives Bedding and Apparel Market: Introduction
Transparency Market Research delivers key insights on the down alternatives bedding and apparel market in Europe. In terms of revenue, the down alternatives bedding and apparel market in Europe is estimated to expand at a CAGR of 8.5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the Europe down alternatives bedding and apparel market report.
In this market report, TMR predicts increasing usage of sustainable bedding and apparel products in the region is expected to drive the down alternatives bedding and apparel market. Penetration of innovative design, along with key players assuring consumers about following of certain manufacturing practices, such as cruelty-free or eco-friendly certification that are described on the labelling of the product, is prompting them to opt for down alternatives bedding and apparel.
Moreover, key suppliers promoting diverse range of products with cost-effective approach is likely to have a noteworthy impact on the overall down alternatives bedding and apparel market. Increasing usage of natural-based down alternatives, such as cotton, silk, coir, recycle down, bamboo, is fueling the demand for down alternatives bedding and apparel, and the market has been expanding considerably for the past few years.
Down alternatives bedding and apparel refers to bedding and apparel made from sustainable and eco-friendly products that resemble goose and duck-based down material property. These materials are cost effective and versatile in nature, which are gaining popularity among users, owing to the similar feel of down-based products.
Increase in population is consistently driving the demand for quality resting and wearable products, which, in turn, is likely to propel the demand for down alternatives bedding and apparel. Consumers are opting to replace old households with new to enhance the interior design of residences. Changing lifestyles, rise in disposable income, and changing spending habits on leisure activities & quality resting products are key factors fueling the demand for down alternatives bedding and apparel around the world.
Expansion of hospitality and healthcare sectors is leading them to focus on interior design with essential facilities and services required for end users. This is likely to boost the demand for bedding and other bedding products for better facility and services in order to complement the interior design of the business environment. Moreover, increase in usage of apparel in the form of fashion wear, sportswear, casual clothing, and uniforms is also fueling the down alternatives apparel market.
The down alternatives bedding and apparel market in Europe has been classified based on type, material, price range, end-user, distribution channel, and country. Increasing awareness about the usage of sustainable and natural based products that are made from animal or plant have been boosting the sales of down alternatives bedding and apparel for the last few years.
Rapid expansion of residential and commercial sectors, such as healthcare and hospitality in the U.K. is anticipated to fuel the market in the near future. In terms of material, the recycled down segment is gaining popularity among consumers for buying a wide range of down alternatives products. In terms of distribution channel, the market is driven by online sales, as it provides value added, cost-effective, reliable services. Key suppliers are collaborating with commercial spaces by offering them with customized solution, which in turn is projected to augment the sales of down alternatives bedding and apparel.
Europe Down Alternatives Bedding and Apparel Market: Prominent Countries
In terms of country, the U.K. led the down alternatives bedding and apparel market in 2020, and the country is expected to maintain its dominance during the forecast period. Increase in preference for sustainable and eco-friendly products among consumers is fueling the down alternatives bedding and apparel market. Apart from the U.K., Germany and Italy also significantly drive the Europe down alternatives bedding and apparel market. Spain and France are also considered as major markets for down alternatives bedding and apparel.
Europe Down Alternatives Bedding and Apparel Market: Key Players
The competition landscape of the down alternatives bedding and apparel market is highly fragmented with leading players accounting for majority of revenue share. Key players operating in the Europe down alternatives bedding and apparel market include Down-Lite International, Inc., Crane & Canopy Inc., United Feather & Down, LLC, Brooklinen, Inc., Gildan Activewear Inc., Hugo Boss AG, Hollander Sleep Products, LLC, and Hanesbrands Inc.
Europe Down Alternatives Bedding and Apparel Market: Segmentation
Europe Down Alternatives Bedding and Apparel Market, by Type
- Quilts & Blanket
- Comforters & Duvets
- Bed Sheets, Bed Spread & Cover
- Pillow & Pillow Cases
Europe Down Alternatives Bedding and Apparel Market, by Material
- Recycled Down
- Recycled Polyester
Europe Down Alternatives Bedding and Apparel Market, by Price Range
- Below US$ 100
- US$ 100 - US$ 800
- Above US$ 800
Europe Down Alternatives Bedding and Apparel Market, by End-user
Europe Down Alternatives Bedding and Apparel Market, by Distribution Channel
- E-Commerce Websites
- Company Owned Websites
- Hypermarkets & Supermarkets
- Specialty Stores
Europe Down Alternatives Bedding and Apparel Market, by Country
- Rest of Europe
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