Duvet Market is estimated to register a steady CAGR of more than 3% over the forecast period of 2021-2031 - Seite 2
"Waterproof duvets, and also smart functioning duvets, are anticipated to emerge as lucrative options for customers, thereby experiencing a surge in demand over the forecast period," says an analyst at Persistence Market Research.
COVID-19 Impact on Market
The COVID-19 pandemic resulted in a supply-demand gap. Complete lockdowns, total shutdown of all industries, and havoc in the industrial space resulted in a dip in production during the pandemic. Online retailing bracketed the sales of duvets, without resulting in any dip in the demand for the same. Apart from lockdowns that led to a short-term halt in production, sales and demand have severely dropped owing to shutdowns in the hospitality sector. With the re-opening of the hospitality sector, duvet sales are expected to regain traction over the coming months.
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Key Market Players
The report underlines groundbreaking insights into the competitive scenario of the duvet market, along with highlights of the differential strategies used by manufacturers. Some of the key players identified across the value chain include Sheela Foam Ltd., Hanesbrands Inc., Ohn Cotton Group Ltd., DYKON A/S, Hollander Sleep Products, The White Company, Slumberdown, Duvet Pillow & Linen Co., Old Europe Duvet Company, and Brooke + Wilde Limited, among others.
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Persistence Market Research published a new market report on the duvet market, covering global industry analysis of 2016-2020 and forecasts for 2021 to 2031. This research report provides compelling insights on the basis of material, bed, end use, and sales channel, across all major regions.
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The report also includes forecast factors and vital macroeconomic factors that are anticipated to boost the growth of the global market. It also addresses the restraints that are projected to hinder market growth, along with the latest trends and potential opportunities in the market.
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