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Recycled Down And Feathers Market Report Overview
The global recycled down and feathers market size was USD 86.62 million in 2021 and is expected to reach USD 187.82 million in 2031, at a CAGR of 8.05% during the forecast period.
When ducks and geese are killed for consumption, the leftovers include down and feather. Due to the increase in duck and goose consumption, recycled down and feather are now readily available all over the world. In order to satisfy the demand from diverse end consumers, these byproducts are processed. Virtually all birds have down and feathers. Only a small number of bird species produce the particular form of down known as powder down. Products like jackets, bedding, pillows, and sleeping bags frequently contain goose and duck feathers.
Typically, feathers are thicker and denser than down. During the forecast period, increased consumer awareness of recycled down and feather products are anticipated to support recycled down and feathers market growth. In the near future, it is projected that product innovation by major players and an increase in consumer adoption of down and feather products would have a favourable impact on the dynamics of the worldwide recycled down and feathers market. The popularity of sustainable methods and increased public awareness of ethical environmental behavior have helped boost demand for recycled down and feather products. Direct-to-consumer bedding companies develop the market by using higher-quality down and feathers at reasonable prices.
COVID-19 Impact: Halt on Manufacturing Operations to Slower Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with recycled down and feathers 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 once the pandemic is over.
The global recycled down and feathers market value has met major growth barriers as a result of retail closures in numerous regions during the COVID-19 outbreak. The entire economy has been negatively impacted by Covid-19, especially manufacturing facilities. The recycled down and feathers market has been paralyzed by sudden limitations that affect imports, exports, the global and regional supply chain, and down-and-feather sector activities. Through 2022, the recycled down and feather market is expected to experience a revival. The consequences of the pandemic on trading could lead to adjustments including a preference for online retail platforms and a focus on differentiating techniques by enterprises.
LATEST TRENDS
"Preferences for Luxury and Comfort Goods to Boost Market Growth"
In recent years, the demand for recycled down and feathers has exploded on a global scale. Lucrative prospects are being produced by the rising demand for recycled down and feather products, particularly in emerging markets. The demand for down and feathers is anticipated to be impacted by consumer purchasing power and preferences for luxury and comfort goods. The standard of living has increased in the residential and commercial sectors as a result of increased urbanization. Customers are being pressured to select comparable interior decor and synthetic-free, natural furnishings.
Recycled Down And Feathers Market Segmentation
- By Type Analysis
As per the type, the market is classified as follows: Duck and Goose. During the predicted period, sales of goose products made up around 1/4 of all recycled down and feathers market share in 2021. On average, goose-down clusters are bigger than duck-down clusters.
- By Application Analysis
Based on application, the market is segmented as follows: Pillows, Comforters, Apparel, and Others. The pillow segment is anticipated to dominate the recycled down and feathers market share.
DRIVING FACTORS
"Increased Knowledge of Recyclable Materials to Facilitate Market Development"
Growth is mostly driven by improvements in raw material processing techniques and the spread of new technology. Reusing down and feather fillings in items like pillows and bedding are anticipated to improve market possibilities. Numerous aspects of human health depend on sleep, which is why comfortable bedding is essential. Due to their hectic schedules and a number of other causes, such as physical and emotional stress, people all around the world are having problems sleeping. As a result, people are becoming more and more interested in purchasing high-quality bedding produced with recycled down and feathers. For restful sleep, consumers are choosing recycled down and feathers pillows, mattresses, comforters, etc. Due to its exceptional quality, softness, and insulating qualities, the demand for recycled down and feather products is continually growing around the world. Additionally, the growth of the recycled down and feathers sector is being positively impacted by customers' increased knowledge of recyclable materials.
"Rising Demand for Chemical-Free Bedding to Promote Industry Progress"
Sterilizing and washing down and feathers enables recycling and reusing, which is done to satisfy consumer demand. Among other things, these procedures are employed to create handicrafts, clothes, and sleeping products. Alternative products made with chemicals and raw materials that are harmful to the environment are valued less than superior products made with environmentally friendly production techniques. The demand for chemical-free, non-cruelty-free down and feather bedding is rising. In addition to producing high-end eco-friendly goods, a lot of businesses are working with environmental protection organizations to encourage social action, such as planting trees for every purchase, looking into alternative energy options, or lowering water consumption. The above mentions factors would have a positive impact on the recycled down and feathers market.
RESTRAINING FACTORS
"High Production Costs to Hinder Market Growth"
The price of recycled down and feathers has been impacted by a manpower shortage in the industry, which has led to lower consumption, high production costs, and a lack of raw materials, impeding recycled down and feathers market participants. However, it also faces dangers from regulatory agencies enforcing strict laws and regulations regarding quality-related issues. Furthermore, the development of innovation and technology in relation to synthetic materials as an alternative to recycled down and feathers would be detrimental to the recycled down and feathers market.
Recycled Down And Feathers Market Regional Insights
"Increase in Demand to Propel Market Progress in U.S."
Through 2021, the U.S. is anticipated to hold an 82.9% value share of the recycled down and feathers market in North America, thanks to easy access to cutting-edge technology and a significant concentration of major companies there. Sales of items with insulation made of recycled down and feathers are increasing along with modern bedding trends. Due to the appeal of soft, opulent, and completely original bespoke beddings as well as the additional warmth and comfort of down, duvets are in high demand. The number of retail establishments has increased, reflecting the popularity of targeted shopping in the nation. In areas with warmer climates, lightweight recycled down and feathers goods are being promoted.
KEY MARKET PLAYERS
"Market Players Focus on New Product Launches to Strengthen Market Position"
Leading players in the market are adopting various strategies to expand their presence in the market. These include R&D investments and the launch of new, technologically-advanced products in the market. Some companies are also adopting strategies such as partnerships, mergers, and acquisitions to strengthen their market position.
LIST OF TOP RECYCLED DOWN AND FEATHERS COMPANIES
- Nau International Inc. (U.S.)
- MINARDI PIUME (Italy)
- Re:Down (U.S.)
- Neokdun (Navarpluma) (Spain)
- Allied Feather + Down (U.S.)
- Downlite (U.S.)
- Rohdex (Germany)
- THINDOWN (Italy)
REPORT COVERAGE
The report covers overall market aspects, including the market segmentation based on its type and application. The report depicts a diverse group of participants that includes the market and the potential market leaders. Major factors that are expected to drive major growth in the market. The factors anticipated to expand the market share are also included in the report to offer market insights. The estimated growth of the market in the forecast period is also included in the report. The regional analysis is completed to explain the region's dominance in the global market. The factors hindering the growth of the market are discussed in detail. The SWOT analysis of the market is depicted in the report. It contains all-inclusive market details.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 86.62 Million in 2021 |
Market Size Value By |
US$ 187.82 Million by 2031 |
Growth Rate |
CAGR of 8.05% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the recycled down and feathers market expected to touch by 2031?
Based on our research, the recycled down and feathers market is projected to touch USD 187.82 million by 2031.
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What CAGR is the recycled down and feathers market expected to exhibit by 2031?
The recycled down and feathers market is expected to exhibit a CAGR of 8.05% by 2031.
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What are the driving factors of the recycled down and feathers market?
The increased knowledge of recyclable materials and rising demand for chemical-free bedding are the driving factors of the recycled down and feathers market.
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Which are the top companies operating in the recycled down and feathers market?
Nau International Inc., MINARDI PIUME, Re:Down, Neokdun (Navarpluma), Allied Feather + Down, Downlite, Rohdex, and THINDOWN are the top companies operating in the recycled down and feathers market.