Thursday, 14 January 2021

Down and Feather Market Growth Worldwide during 2020-2027

The global down and feather market is expected to reach a value of US$ 8812.5 Mn by 2027. The market is projected to expand at a CAGR of 7.0% in terms of value during the forecast period from 2019 to 2027, according to a new research report by Transparency Market Research (TMR).

Consumers are opting for down and feather products due to inclination toward natural products. There is rapid growth in the apparel industry that widely uses down and feathers in warm jackets, comforters, etc. Consumers prefer hypo allergenic products to avoid severe allergy problems. Hence, down and feathers are considered to be the right options. The growth in the bedding industry across the globe considers down and feather for filling as a natural mattress component. This factor drives demand for down and feathers.

With growth in the residential and commercial sector all over the world, consumers are opting for better furnishing to match the interior design. Down and feather is found to be utilized as a natural filling in furnishing products such as cushions, pillows, and bedding to provide high comfort. With the increase in renovation in the residential and commercial sector, people are opting for synthetic free natural furnishing products which includes fillings of down and feather, regenerating demand in the down and feather market. Rise in demand for specialty mattresses due to the rising consumer inclination toward eco-friendly and health-promoting products is fueling the demand for down and feathers.

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Growth in the residential and commercial segment due to rise in urbanization has improved the standard of living. This has encouraged consumers to opt for matching interior designs, promoting the purchase of down and feather bedding, pillows, and comforters. The primary processing of down and feather may vary based on the application of the end product. Based on origin, the duck segment is anticipated to expand at a CAGR of over 7.2% during the forecast period from 2019 to 2027.

The TMR report on the global down and feather market is based on a complete and comprehensive evaluation of the market backed by secondary and primary sources. The competitive scenario of the global down and feather market is supported by an assessment of different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data and current trends, researchers of the global down and feather market arrive at predictions and estimations, and calculate the forecast for the market.

The report uses an analytical triangulation method to estimate the numbers and figures of the global down and feather market with both bottom-up and top-down approaches.

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The detailed assessment of the global down and feather market, along with an overview of the landscape is provided based on a careful examination of the avenues related to this market. Analysts’ conclusions on how the global down and feather market is set to grow are based on carefully vetted primary and secondary sources.

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