Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Duvets are also known as comforters and continental quilts in some countries. People prefer using duvets as they decrease the difficulty of making the bed unlike the combination of bed sheets, blankets, and other bed covers. Besides, they are clean and easy to maintain which makes them a favored choice. A duvet is generally white in color, although its outer cover comes in a different of colors and textures. The duvet rests inside the duvet cover, which is sewn shut on three sides and a side is closed with a large zipper or buttons to easy removal of the cover for washing. People are increasingly using duvets around the world as they offer a rich and luxurious feel and ensures a peaceful and cozy sleep during cold nights. The tourism industry is witnessing a steady rise, which is leading to an increasing number of hotels that cater to the needs of tourists. The ongoing trend visible in the duvets market is the availability of duvets in various colors and texture patterns and also creative designs.
Influential factors leading to the dominance of the regional market include expanding retail networks, rise in the affluent middle-class population, increasing consumer preference for superior quality and luxurious bedding products to compliment the interiors, and increasing household ownerships, especially among the millennials. Furthermore, an increase in the number of nuclear households is anticipated to contribute to the regional market growth.
The exclusive COVID 19 impact analysis provides an analysis of micro and macro-economic factors on the Asia Pacific duvets market. Also, complete analysis of changes on bedding industry expenditure, economic and international policies on supply and demand side. The report also studies the impact of the pandemic on global economies, international trade, business investments, GDP, and marketing strategies of key players present in the market.
The study analyses the Asia Pacific duvets market based on the type, application, and geography. 4.5 & below 4.5 tog, 4.5 to 12 tog, and above 12 tog are the three major types of duvets for which the study is carried out. The market finds application in single bed, double bed, king size bed, and queen size bed. Asia Pacific duvets market is studied across for countries such as India, Japan, China, and Rest of Asia Pacific.
4.5 & below 4.5 tog, 4.5 to 12 tog, and above 12 tog are the three major types of duvets for which the study is carried out. The 4.5 - 12 tog is segment is likely to hold majority of the market share. Temperature in Asia Pacific varies from season to season and 4.5 – 12 tog type of duvets contain various ranges for various season.
The market finds application in single bed, double bed, king size bed, and queen size bed. King size bed held a lion’s share in the market place. Most of the time, having an extra elbow and legroom significantly improves overall comfort and quality of sleep. If consumer is suffering from health conditions like arthritis and joint pains, might be finding it hard to sleep with a relatively steady or still position, a king-sized bed would be a great remedy to achieve a good night’s sleep.
Asia Pacific duvets market is studied across for countries such as India, Japan, China, and Rest of APAC. China is leading the Asia Pacific duvets market. China’s huge population, coupled with its growing textile and bedding products consumption per capita year by year, delivers a lucrative business opportunity. The top goods exported to China consist mainly of fiber and yarns. Guangdong Province, Shanghai, Nantong in Jiangsu Province, Zhejiang Province, and Shandong Province are the industrial cluster areas in China. Major raw materials of the duvets industry include cotton, chemical fiber, accessories, etc.
The key competitors of this market include Sheela Foam Ltd, Hanesbrands Inc., John Cotton Group Ltd., DYKON A/S, Hollander Sleep Products, The White Company, Slumberdown, Old Europe Duvet Company, EuroComfort-Group, PROLANA, Nautica, Jill Rosenwald, Nostalgia, Wendre, Mhldorfer, Downlite, Garnier-Thibeaut, Venus, Frette, and among others.
RECENT DEVELOPMENTS:
February 2017: John Cotton Group acquired the Tontine business from Pacific Brands, part of the Hanes Brands Group. The Tontine business has an annual turnover of £25m, employs 90 people and is located just outside of Melbourne. This acquisition will help Dykon to expand their business in Asia Pacific.
September 2019: The Euro Comfort Group opened their production site in China. This production site is opened to expand their business in Asia Pacific.
The study analyses the Asia Pacific duvets market based on the type, application, and geography. 4.5 & below 4.5 tog, 4.5 to 12 tog, and above 12 tog are the three major types of duvets for which the study is carried out. The market finds application in single bed, double bed, king size bed, and queen size bed. Asia Pacific duvets market is studied across for countries such as India, Japan, China, and Rest of Asia Pacific.
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