Decorative Pillow Market Size, Share, Growth, And Industry Analysis, By Type (Polyester, Foam, Cotton, Down & Feather, and Others), By Application (Indoor and Outdoor), Regional Insights and Forecast to 2031

Updated On: 22 April 2024

Decorative Pillow Market Report Overview

• 

• Request a Free Sample to learn more about this report

The global Decorative Pillow Market size was USD 3404 million in 2022. As per our research, the market is expected to reach USD 4828.6 million by 2028, exhibiting a CAGR of 6.0% during the forecast period. The COVID-19 pandemic has been unprecedented and staggering, with the Decorative Pillow Market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels.

A particular kind of cushion known as a decorative pillow is one that is made with decoration in mind. They frequently feature unusual forms or decorations and are typically smaller than ordinary pillows. Cotton, down, feathers, and memory foam are just a few of the materials that may be used to create decorative pillows. They can be utilised to add colour or design to a space or simply as an additional source of support for the neck or back.

Rising interest in interior design Due to the rising need for interior decoration in both residential and commercial settings, the market for decorative pillows is anticipated to expand at a CAGR during the forecast period with the expansion of decorative pillow market share alongside.

COVID-19 Impact Market Witness Decent Growth Owing to Increased Product Demand

The consumer goods industry, among others, experienced unforeseen challenges during the COVID-19 epidemic. Global supply networks were impacted by governmental restrictions such as border checks, manufacturing halts, lockdowns, and travel bans. Due to this, there was a labour and raw material shortage, which made it difficult to produce a range of consumer goods on both a small- and large-scale. But the need for decorative pillows increased. Parents looking for indoor entertainment choices for their kids during the lockdown significantly raised sales of decorative pillows and brand recognition. Additionally, it is anticipated that the decorative pillow market growth would expand favourably over the approaching years, increasing the global share for the decorative pillow market as a result of prompt immunisation and effective regulatory regulations.

Latest Trends

"Integrated Marketing To Be A Noticeable Trend"

increasing available income, The rise in consumer disposable income, which has resulted in an increase in consumer expenditure on home furnishings and décor items, is another factor contributing to the expansion of the decorative pillow market globally.

Decorative Pillow Market Segmentation

• 

• Request a Free Sample to learn more about this report

• By Type Analysis

The market can be segmented according to type Polyester, Foam, Cotton, Down & Feather, and Others amongst which Polyester is the leading segment.

• By Application Analysis

The market can be divided into Indoor and Outdoor amongst which Indoor is the leading segment.

Driving Factors

"Rising Dual Income to Propel Market Growth"

The expansion of online shopping, In order to cut costs and eliminate middlemen, suppliers in the worldwide decorative pillows market now have a platform to sell their goods directly to customers as a result of the expansion of online retailing. During the anticipated time, this is probably going to accelerate the growth of this market. Increasingly popular DIY projects. The market for ornamental items like throw pillows has increased as a result of a growing trend among consumers to DIY initiatives for home remodelling. During the projected period, this is likely to fuel the market's expansion.

"Flourishing E-commerce Sales to Market Growth"

The e-commerce industry is predicted to expand significantly over the course of the forecast period as a result of the increasing usage of the internet, telephones, and e-commerce around the world, which increases sales of decorative pillows. The availability of numerous features and alluring discounts by decorative pillow retailers on e-commerce platforms, such as free shipping, simple exchange and return policies, price comparison tools, and home delivery, will also create a wealth of growth prospects for the sector in the years to come.

Restraining Factors

"Hazardous Substances in To Restrict Market Growth"

The hefty weight of the high-end massage chair has restricted market growth. The largest problem for the market for ornamental pillows is that occasionally, either to the chair's small size or to their weight, people can't fit in it. As a result of the challenges in creating them, both businesses and people found a greater need for personalised ornamental pillows. The COVID-19 epidemic, in addition to the abundance of options offered at various price points and the high cost related to decorative pillows, has the potential to be a challenge to the growth of the decorative pillow market over the projection period.

Decorative Pillow Market Regional Insights

• 

• Request a Free Sample to learn more about this report

"High Recreational Activities To Lead the Market Demand in Asia Pacific"

In terms of revenue, the Asia Pacific region dominated the world market holding a share. This is attributable to rising consumer expenditure on beautiful furniture and home accents as well as expanding awareness of health and wellbeing.

Key Industry Players

"Market Players to Employ Innovative Technology To Create Appealing Items"

Market participants are pursuing product innovation techniques to create highly unique and appealing items. They are investing much in research & development to maintain and extend their market share across many geographies.

List of Market Players Profiled

• Hollander (U.S.)
• Caldeira (England)
• IKEA (Netherlands)
• Jaipur Living (India)
• Paradise Pillow (U.S.)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.