Global Canopy Bed Market (2021 to 2030) – by Product Type, End Use, Distribution Channel and Region

DUBLIN, November 10, 2021– (BUSINESS WIRE) – Added report “Canopy Beds Market by Product Type, End Use, Sales Channel: Global Opportunity Analysis, and Industry Forecast 2021-2030” has been added ResearchAndMarkets.com to offer.

The global canopy bed market was valued at $ 6.2 billion in 2020 and is projected to reach $ 8.4 billion by 2030, a 3.2% CAGR.

A four-poster bed is a type of bed that is hung over it with bed curtains that resemble a roof. Functionally, the canopy offers warmth, comfort and privacy and can block light and view. In addition, four-poster beds are easily available in the market through various sales channels including online stores and specialty stores. The continued growth of online stores is likely to drive the four-poster bed market growth in terms of value sales over the forecast period.

The global surge in sales of new and existing homes has been a major contributor to the growth of the four-poster bed market. In addition, the global increase in consumer spending on home improvement and home accessories is the top driver of the market. In addition, the increase in the number of commercial spaces has fueled the growth of the four-poster bed market. However, the increase in the cost of raw materials for canopy beds is hampering the growth of the canopy beds market over the forecast period. Conversely, the improvement in consumer lifestyles due to the increase in disposable income, particularly in developing countries, and the rapid penetration of the online retail platform over the forecast period are expected to provide worthwhile opportunities for the four-poster bed market to expand.

The global Canopy Bed Market is segmented into product type, end-user, sales channel, and region. By product type, the market is divided into wood and metal. On the basis of the end user, it is divided into residential and commercial areas. Depending on the sales channel, there is a subdivision into supermarket / hypermarket, specialty shop, e-commerce and B2B. The market in North America, Europe, Asia-Pacific and LAMEA is analyzed by region.

Main advantages

  • This report provides quantitative analysis of the current trends, estimates, and dynamics of the global Sleeping Bags Market from 2020-2030 in order to identify the prevailing market opportunities.

  • The most important countries in all important regions are shown depending on their market share.

  • Porter’s Five Forces Analysis highlights the power of buyers and suppliers to enable stakeholders to make for-profit business decisions and strengthen their supplier-buyer network.

  • An in-depth analysis of market segmentation will help determine the prevailing market opportunities.

  • The most important countries in each region are mapped according to their sales contribution to global industry.

  • The market participant positioning segment facilitates benchmarking and offers a clear understanding of the current position of market participants.

  • The report encompasses the analysis of the regional and global market, key players, market segments, end consumption, and growth strategies.

Market dynamics

driver

  • Worldwide increase in sales of new and existing residential properties

  • Increase in DIY and home accessories spending

  • Increase in commercial space

  • Rapid growth in retail

Reluctance

Opportunities

Mentioned companies

  • AFK furniture

  • Amish furniture factory

  • Benicia Foundry & Ironworks

  • Bernhardt furniture company

  • Charles PRogers

  • DHP furniture

  • Inspire Q (top-line furniture)

  • The company with four-poster beds

  • TurnPost

  • itahome

Please visit https://www.researchandmarkets.com/r/5oph4i for more information on this report

View source version on businesswire.com: https://www.businesswire.com/news/home/20211110006022/de/

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