MATERNAL, INFANT AND YOUTH BEDDING MARKET: OVERVIEW
The Global Maternal, Infant and Youth Bedding Market was valued at USD xx billion in 2020 and is expected to reach USD xx billion by 2030, growing at a CAGR of xx% during 2021-2030. Youth and Infant bedding are used to provide a comfortable and safe sleeping environment for children. A bed is an essential item in a nursery because it is where new born babies and young children spend the majority of their time. A bedsheet is an important part of any infant's bedding. It covers the mattress in the bed. Bedsheets are available in a variety of sizes to accommodate a variety of infant beds, including round and tiny beds. A baby quilt or blanket is also included with the bedding, which can be problematic for babies because quilts and blankets can entangle and suffocate them quickly. Swaddle wraps are an excellent substitute for blankets and quilts. The American Academy of Pediatrics (AAP) recommends babies sleep in a crib with no loose bedding or soft objects, which can pose a suffocation risk. Although reported use of blankets and other bedding for infants continues to decline, about half of U.S. infants are still placed to sleep with potentially hazardous bedding, according to a study in the January 2015 issue of Pediatrics.
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The emergence of coronavirus (COVID-19) has impacted multiple industries, causing some to reach on complete standstill and businesses to fall into administration. The coronavirus outbreak showed as the macroeconomic risk in this industry that not just entail significant damage to business in Asian Countries, but majorly in Europe and North America. This outbreak heavily impacted the production and procurement market including the supply industry and global sales market. COVID-19 pandemic has been little affected by the economy The sudden occurrence of COVID-19 has boosted the slowdown significantly. As far as production is concerned, manufacturers are facing difficulties to obtain raw materials. This can be attributed to the ban on import-export operations across the globe. There are several challenges are also facing by the manufacturers such as late delivery of material, shortage of shipping capacity, and shortage of labor force, among others.
MATERNAL, INFANT AND YOUTH BEDDING MARKET: TREND
Continued Growth of Immature and Non-Saturated Markets Across Globe Propel Market Growth
In pricing and reimbursement policies, the maternal, infant and youth bedding industry, particularly in mature and saturated areas, offers a large growth opportunity. However, the maternal, infant and youth bedding industry may be interested in exploring less regulated, developing, and untapped markets in emerging nations. The game will be played differently there. While western countries' heavily regulated mature markets are "squeezed," developing market marketplaces are booming. Their growing middle classes have high salaries and spending power, which they want to spend on cutting-edge goods and services, such as products that provide comfort for children. As a new and increasing customer base, the emerging middle classes will eventually outweigh the consumer base of western countries.
MATERNAL, INFANT AND YOUTH BEDDING MARKET: DRIVERS
Growing E-Commerce Sector Drive Market Growth
There are several significant reasons that have contributed to the region's e-commerce boom. The advent of a burgeoning middle class, along with higher levels of discretionary money, has accelerated internet penetration and smartphone ownership throughout the area. As people in the region have become more familiar with the internet, the shift from physical to online purchasing looks to be a foregone conclusion. From 2017 to 2020, customers' average internet spending climbed substantially. Social media has also been a driving force in promoting the growth of the global e-commerce business. By giving direct access to online businesses, social media platforms have grasped the chance to advertise and sell items. Some social media platforms also serve as an online marketplace, guaranteeing that users do not need to leave the site to acquire items, a practice known as social commerce. Furthermore, customers are becoming more interested in live commerce since they may obtain extensive explanations akin to TV purchasing via a live broadcast. M-commerce has also increased in several regions, with the area exhibiting the greatest m-commerce penetration.
Global Maternal, Infant and Youth Bedding Market Report Coverage
|Historical Data for:||2017-2020|
|No. of Pages:||210|
|Tables, Charts & Figures:||119|
|Segments covered:||COVID-19 Impact Analysis Report, By Bedding Type, By Materials, By Sales Channel, By Region|
|Pitfalls & Challenges:||COVID-19 has the potential to impact the global market|
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MATERNAL, INFANT AND YOUTH BEDDING MARKET: RESTRAINT
Fluctuation in Raw Materials Prices Hamper Market Growth
Tariffs and other export-import activities have been hampered as a result of international trade conflicts between the United States and China. Acrylic, Nylon, Bamboo Viscose, Elastane, and other raw materials are required. Price fluctuations in raw materials are causing significant challenges for producers. Raw materials are a perpetual source of concern for businesses. With another recession on the horizon and a global trade war intensifying, unpredictable raw material prices have caused significant hurdles throughout 2019 and will continue to do so in the near future. Raw material variations, on the other hand, may be avoided by recognizing accurate quantities. These issues may be solved by forming a contract with explicit terms, defining critical commodity categories, and implementing risk mitigation procedures.
MATERNAL, INFANT AND YOUTH BEDDING MARKET: SEGMENTATION
The Global Maternal, Infant and Youth Bedding Market is segmented by Bedding Type, Materials, Sales Channel, and Region. Based on the Bedding Type market is characterized into the Pillowcases, Blankets, Coverlets, Sham & Towels, and Others. Based on the Materials market is segmented into the Bamboo, Cotton, Lead Free, Elastane and Others. Based on the Sales Channel market is characterized into the Online, Offline. Based on the Region, the market is categorized into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
MATERNAL, INFANT AND YOUTH BEDDING MARKET: BY REGION
Based on the Region, the Maternal, Infant and Youth Bedding Market is categorized into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Asia Pacific is expected to have the fastest CAGR in the maternal, infant and youth bedding market in the forecast period. The increasing gut health disorders and rising health concerns among infants and pregnant women are driving market growth. Asian countries are adopting healthy and nutrient supplements to improve gut health in infants, children, and pregnant women, which is driving the market in this region. Growing concerns about infant and child health have prompted various government organizations to implement a number of programs aimed at improving infant and child health and development. For example, the United Nations Population Fund (UN FPA) and various governments of Asia-Pacific countries, as well as health experts and civil societies, are working to improve access to essential medicines and strengthen civil society.
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MATERNAL, INFANT AND YOUTH BEDDING MARKET: COMPETITIVE LANDSCAPE
The market for Maternal, Infant and Youth Bedding is very crowded with both small and big competitors. The market seems to be moderately concentrated, and the big players mostly use product innovation and mergers & acquisitions to increase their market share and keep one step ahead of the competition.
MATERNAL, INFANT AND YOUTH BEDDING MARKET: RECENT DEVELOPMENT
- January 2022 - Kimberly-Clark, the global leader in personal care and hygiene, and Dada, China's leading local on-demand delivery and retail platform, announced a strategic partnership expansion.
MATERNAL, INFANT AND YOUTH BEDDING MARKET: KEY PLAYERS
- Acton & Acton Ltd.
- American Textile Company
- Aden & Anais, Inc.
- Boll & Branch
- Beaumont & Brown Ltd.
- Leachco, Inc.
- Parachute Home
- Pacific Coast Feather Company
- Primary Kids, Inc.
SCOPE OF THE REPORT
The reports also assist in understanding the dynamic and structure of the Maternal, Infant and Youth Bedding market. The study serves as an investor's guide with its clear representation of competitive analysis of key competitors by product, price, financial condition, product portfolio, growth plans, and regional presence in the market for Maternal, Infant and Youth Bedding. It reveals the market situation and future forecast. The study also covers the significant data presented with the help of graphs and tables. The report covers information regarding competitive outlook including the market share and company profiles of the key participants operating in the Global Maternal, Infant and Youth Bedding Market.
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