Bed & Bath Furnishings to Reach Approximately US$32 Billion by 2010, According to a New Report by Global Industry Analysts, Inc.
Stylish, fashionable products in attractive colors and embellished designs continue to be the trend- setters in the global bed & bath furnishings market. The world market is set to reach $31.7 billion by 2010 with growth stemming from robust housing construction activity, particularly in developing regions.
San Jose, CA (PRWEB) July 26, 2007 -- Developments in residential construction, and the growing passion for home decoration are expected to drive the market in the coming years. Price, material and color are the major factors influencing purchasing decisions in the bedding industry. Individual preferences play a crucial role in the final product choice. Demographic factors such as marital status and age of an individual play a vital role in shaping trends in the bed linen market. The trend towards luxurious beds is also driving the market for luxury bed linen and related products.
Europe represents the largest bed and bath furnishings market worldwide, followed by United States and Asia, as stated in a recent report published by Global Industry Analysts, Inc. German market for bed and bath furnishings is projected to be worth US$3.2 billion in 2010. France, Germany and the UK collectively account for over 65 percent share of the European market. Asia represents the fastest growing regional market, posting a CAGR of nearly 6%. Bed furnishings market is estimated at more than US$15 billion in 2007. Bath furnishings market is projected to register a CAGR of close to 4% through 2010.
The global marketplace is characterized by the presence of players such as Hollander Home Fashions Corp, Louisville Bedding Company, Sunvim HomeTextiles Co, Shanghai Huaxu Blanket Products, Tempur-Pedic International, Trident Group, Welspun India and others.
"Bed & Bath Furnishings: A Global Strategic Business Report", published by Global Industry Analysts, Inc. provides a comprehensive review of market trends, product profile, players, competition, new product introductions, recent developments, mergers, acquisitions, and other strategic industry activities. Analysis is presented for major geographic markets such as United States, Japan, France, Germany, the UK, Italy, Spain, Asia, Latin America and rest of world. Analytics are provided for the global, US, Europe and rest of world markets in terms of product segments - Bed Furnishings and Bath Furnishings.
For more details about this research report, please visit http://www.strategyr.com/MCP-1755.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Web Site http://www.StrategyR.com/
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