Down And Feather Market Report
Down and Feather Market Trends, Dynamics & Market Insights See less
Down and Feather Market Trends, Dynamics & Market Insights
Down and Feather Market, By Origin (Duck, Goose, Mixed), Application (Pillows, Bedding, Comforters, Apparel), Distribution Channel (Online, Specialty Stores, Hypermarkets, Supermarkets), and Region - COVID-19 Impact Analysis and Forecast to 2026.
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global Down and Feather market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
Down and Feather Market, By Origin (Duck, Goose, Mixed), Application (Pillows, Bedding, Comforters, Apparel), Distribution Channel (Online, Specialty Stores, Hypermarkets, Supermarkets), and Region - COVID-19 Impact Analysis and ...
The Down and Feather Market is projected to grow from USD 4.2 billion in 2020 to USD 6.3 billion by 2026 at a CAGR of around 7.01% during the forecast period.
Down is defined as a layer of fine feathers commonly found under the tougher exterior feathers of duck and goose. These feathers are being widely used in making pillows, soft apparel, and beddings among others. Also, these feathers act as thermal insulators and offer padding in products such as sleeping bags, bedding or duvets, and beddings.
Key players operating in the Down and Feather market are-
The growth of the down and feather market is primarily driven by increasing demand for comfort furnishing products. A growing furnishing industry with rising demand for luxury bedding products is expected to drive market growth at a significant rate during the review period. In addition to this, surging demand for sustainable clothing is likely to create lucrative opportunities for the players operating in the global down and feather market in the coming years.
By application, the down and feather market has been bifurcated into pillows, bedding, comforters, and apparel. The bedding segment accounted for the largest market share in 2020 and is projected to register significant growth during the review period. The segment can be attributed to the surging demand for comfortable and luxurious bedding.
By region, the North American market accounted for the largest market share in 2020 and is projected to grow at a robust CAGR during the review period. This can be attributed to the high demand for sustainable furnishing products and apparel coupled with the presence of key market players such as Allied Feather & Down (US) and Down-Lite International, Inc. (US). The market growth in Asia-Pacific is expected to be driven by increasing demand for furnishing products with rising residential construction activities in developing countries.
The covid-19 outbreak posed significant challenges across verticals worldwide. It impacted the growth of the down and feather market negatively as the healthcare solutions other than covid-19 treatment declined due to fear of coronavirus infection. Also, supply chain disruptions due to the imposition of lockdown affected the product availability on time and thus, affected the market growth.
Here is the list of the group of customers that the down and feather market hopes to have the greatest opportunity to convert-
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The down and feather market size is expected to reach USD 6.3 billion in the coming years.
Allied Feather & Down (US), ROHDEX Bettfedern Handelsge (Germany), United Feather & Down (US), Norfolk Feather Company (UK), Down-Lite International, Inc. (US), Hanskruchen GmbH (Germany), Feather Industries Ltd (Canada), KL DOWN (Taiwan), Pan-Pacific Co., Ltd (South Korea) and Elekeen Ltd (Hong Kong) are among the key players in the down and feather market.
The down and feather market is expected to witness an impressive growth of 7.01% CAGR in the foreseeable future.
The bedding segment is expected to register significant growth in the down and feather market in the coming years.
North America accounted for the largest share in the down and feather market in 2020.
Down and feather distributors, Down and feather suppliers, Down and feather manufacturers, Logistics organizations, Government bodies are the target audience in the down and feather market.