Decorative Cushions, Pillows & Blanket Market: Overview
- According to Transparency Market Research’s latest research report on the global decorative cushions, pillows & blanket market for the historical period of 2017–2019 and the forecast period of 2021–2031, boom in eCommerce industry across geographies is providing lucrative opportunities for the global decorative cushions, pillows & blanket market. Demand for home furnishing products such as decorative cushions, pillows, and blankets has increased in a significant manner in recent years. Pillows and cushions available in different shapes such as square, round, rectangle, and bolsters, are also popular in various countries across the globe.
- In terms of revenue, the global decorative cushions, pillows & blanket market is estimated to reach the value of US$ 6 Bn by 2031, expanding at a CAGR of 7% during the forecast period
Rise in Consumer Spending on Interior Designing & Home Furnishing to Drive Decorative Cushions, Pillows & Blanket Market
- Increasing disposable income and improved lifestyle have led to a rising demand for decorative cushions, pillows, and blankets in the global market
- Growing hospitality sector is also fueling the expansion of the decorative cushions, pillows & blanket market. Growth of the hospitality sector is likely to expand the market with essential facilities & services required for end users. This factor is expected to drive the sales of decorative cushions, pillows and blankets.
- Furthermore, rapid increase in demand for customized decorative cushions, pillows, and blankets is projected to fuel market growth. Major players operating in the market are also offering customized solutions to customers in which end users can select filling material, colors, size, and dimensions of the pillow, cushions and blankets in line with their requirement. This is also contributing to the growth of the decorative cushions, pillows & blanket market.
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Evolution of eCommerce Industry to Generate Lucrative Opportunities for Manufacturers in Decorative Cushions, Pillows & Blanket Market
- Boom in eCommerce industry has created huge opportunities for manufacturers and distributors of decorative cushions, pillows, and blankets
- Producers and suppliers of decorative cushions, pillows, and blankets are focusing on selling their products on various eCommerce websites in order to cater to a comprehensive range of customers across the world. Online shopping has taken precedence over brick and mortar retail in a majority of industries in recent years.
- Large number of people are renovating their homes during the COVID-19 pandemic. This has increased the online retailing of decorative cushions, pillows, and blankets.
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Decorative Cushions, Pillows & Blanket Market: Competition Landscape
- Detailed profiles of manufacturers of decorative cushions, pillows, and blankets have been provided in the report to evaluate their financials, key product offerings, recent developments, and strategies
- Key players operating in the global decorative cushions, pillows & blanket market are
- Sumec Textile & Light Industry
- UPS SCS (China) Limited
- Dash & Albert
- Fresh American
- Nordstrom Inc.
- Nautica
- Anthropology
- Serena & Lily
- Boll & Branch
- The Company Store
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