Market Trends of Asia-Pacific Bed And Bath Linen Industry
Growing E-Commerce is Driving the Market
Internet connectivity and penetration have surged across the Asia Pacific region throughout recent years, which has resulted in the subsequent digitalization of the region. The emergence of a growing middle-class teamed with increased levels of disposable income has propelled internet penetration and smartphone ownership across the region.
With this Bed and Bath linen industry also underwent digital transformations for keeping up with the new technology design and increasing e-Commerce business. Over the last years China, South Korea, and Japan were among the leading regions with a share of E-commerce in total retail in the Asia Pacific region.
China and India emerging as Leading Exporter in Asia Bed and Bath Linen Market
India has been proven the largest exporter of Bed and Bath Linen Products to the United States, United Kingdom, Italy, and Germany in over the years. China exhibits the potential to grow over the next couple of years and create large opportunities for the linen industry by aspiring businesses. With this late countries, such as Pakistan, Vietnam, and Bangladesh, have emerged as export competitors to China and India.
China's revenue for the bedding segment had observed a sharp increase over the years signifying an increase in sales of beds which will be having a positive externality on the bed linen market of China. Last year revenue for the bedding industry in China was existing at USD 3 Billion.
