Future Market Insights
Mattress and furniture bags are used to store and wrap around mattresses and furniture, especially for transit or storage. They are used to protect the products from exposure to dust, soil, light, water and moisture. Rapid urbanization and improvement in standard of living has led to an increase in the number of people moving homes on a given day. Across the world, millions of people are known to move to a new home, on any given day, thereby increasing the demand for solutions to keep heavy products like furniture and mattresses safe from physical and chemical harm. The preference for these bags is attributed to their flexibility and shapes. They come in various sizes and shapes, designed to match the shape of their contents, thereby reducing the extra space that other forms of packaging take, such as large cardboard boxes. Attributed to the protection that they provide to the contents, and the ease of unpacking them, the global mattress and furniture bags market is expected to rise over the forecast period.
Mattress and Furniture Bags Market: Dynamics
Urbanization has been known to have emerged as a rapid process with the fast changing technology and increasing disposable income. According to a UN report, the world is projected to have around 40 megacities, by 2030, with more than 10 million inhabitants each. 2.5 billion people are expected to be added to the global urban population by 2050. In addition to that, globalization has led to an increase in job opportunities, leading to many people deciding to move homes. Also, holidaying has emerged as a trend over the past couple of decades, resulting in families staying away from homes for long durations, during which, there are chances of bug and termite infestations in mattresses and furniture. They can be prevented by using mattress and furniture bags. The continuous evolution of the standard of living leads people to incline more towards materialistic comfort and convenience goods. Mattress and furniture bags occupy relatively less space and are easier to handle and move. All these are expected to fuel the global mattress and furniture bags market. Despite these factors, there are other potential restraints for the global mattress and furniture bags market, such as, the usage of other forms of packaging, which may be cardboard boxes and thermocole.
Mattress and Furniture Bags Market: Segmentation
The global mattress and furniture bags market is segmented as follows: -
On the basis of packaging type:
On the basis of Raw Material:
On the basis of End Use:
On the basis of Size:
On the basis of thickness:
On the basis of size:
On the basis of application:
On the basis of thickness:
Mattress and Furniture Bags Market: Geographical and Competitive dynamics
North America is expected to lead the global mattress and furniture bags market over the forecast period, owing to a higher consumer base, followed by Western and Eastern Europe. APEJ region is expected to register the highest CAGR, owing to a significant amount of domestic migration, fueled by an increasing inclination towards urban centers. Especially in emerging economies such as India, as much 1/5th of its population is expected to be added to the middle class by 2030, leading to an increase in the number of domestic migrants to metropolitan and urban places.
Some of the players in the global mattress and furniture bags market are – Britwrap protective packaging store, U-Haul International, Inc., FOUR STAR PLASTICS, Duo Plastics Limited, International Plastics Inc. etc.
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