The smart pillow market size has grown exponentially in recent years. It will grow from $0.86 billion in 2023 to $1.08 billion in 2024 at a compound annual growth rate (CAGR) of 26.3%. The growth observed in the historical period for smart pillows can be attributed to factors such as the increasing demand for sleep improvement solutions, prevailing health and wellness trends, the impact of urbanization and stress management, successful market penetration in high-income segments, and heightened consumer education and awareness regarding the importance of quality sleep. These factors collectively contributed to the adoption and popularity of smart pillows during the historic period.
The smart pillow market size is expected to see exponential growth in the next few years. It will grow to $2.53 billion in 2028 at a compound annual growth rate (CAGR) of 23.6%. The anticipated growth in the forecast period for smart pillows can be attributed to various factors, including the aging population and increased prevalence of sleep disorders, the impact of home office and remote work trends, the rise of subscription and service models in the sleep industry, integration with smart home ecosystems, concerns related to environmental sustainability, collaborations with healthcare providers and telemedicine services, and adherence to regulatory compliance and standards. Major trends expected in the forecast period include the integration of sleep tracking and monitoring technologies, the adoption of adjustable firmness and support features, the incorporation of built-in speakers and wireless connectivity, the expansion of temperature regulation capabilities, the development of AI-powered sleep coaching, and the continued integration with smart home ecosystems.
The increase in sleep-related problems is anticipated to drive the growth of the smart pillow market. Sleep-related problems encompass a range of difficulties and disorders affecting the ability to obtain restful and adequate sleep. Modern lifestyles, characterized by irregular sleep patterns, extended working hours, and increased screen time, contribute to disruptions in natural sleep-wake cycles, leading to sleep-related issues. Smart pillows address these challenges by offering features such as monitoring sleep cycles, providing personalized recommendations, adjusting firmness or temperature, and promoting better sleep. According to the National Council on Aging in January 2024, a significant percentage of adults experienced insufficient sleep, with prevalence ranging from 38.3% to 38.6% in the 18-44 and 45-64 age groups, and 28.1% in those aged 65 and older. Medscape reported in 2021 that young adults aged 35-44 got the least sleep, with almost 50% only getting 5-6 hours per night, and only 33% getting the recommended 7-8 hours. The rise in sleep-related problems is a key driver for the growth of the smart pillow market.
Major companies in the smart pillow market are actively developing innovative smart pillows using AI algorithms to gain a competitive edge. These pillows provide users with essential information about their sleep status, including a sleep score, and often need to be charged. Xiaomi, a China-based multinational electronics company, introduced the Xiaomi Smart Pillow in September 2022. This smart pillow integrates AI algorithms for comprehensive fitness and health monitoring during sleep, equipped with a piezoelectric sensor to precisely record heartbeat, snoring, body movement, and breathing, offering necessary comfort and support to the user.
In January 2023, Moona, a France-based sleep technology company, secured €6 million in funding to advance the development of its intelligent pillow cooling technology. Moona's innovative smart pillow incorporates a water-based cooling system designed to regulate the pillow's temperature, providing personalized cooling solutions to enhance the quality of sleep.
Major companies operating in the smart pillow market report are Tactile Medical Inc., DOWNLITE, MAETEL GmbH & Co. KG, Nanit, Messe Frankfurt GmbH, ADVANSA Marketing GmbH, MyPillow Inc., Sleepace, Mediflow USA, Eight Sleep, Down & Feather Company, Inc., Smart Nora, SleepSmart, REM-Fit, GioClavis Co. Ltd., MOONA, Advanced Sleep Technology Inc., iSense AG, Dreampad, Tempur-Pedic Inc., Sunrise Smart Pillow, Peter Kohl Nachfolger GmbH & Co. KG, ROHDEX Bettfedern GmbH & Co. KG, Karl Sluka GmbH & Co. KG.
North America was the largest region in the smart pillow market in 2023. The regions covered in the smart pillow market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smart pillow market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A smart pillow is an innovative sleep accessory designed to enhance comfort and improve sleep quality. It incorporates various features such as built-in sensors, speakers, and connectivity options to provide personalized sleep experiences. Smart pillows are equipped to track sleep patterns, monitor vital signs, and may even offer adjustable firmness or temperature settings according to user preferences. These technological advancements aim to contribute to a more tailored and optimized sleeping environment for users.
The primary types of smart pillows include anti-snoring, multifunctional, and other products. Anti-snoring smart pillows are specifically designed to address snoring issues by promoting proper head and neck alignment. These pillows often incorporate features such as elevated contours or adjustable heights to keep airways open during sleep. Various materials are used in the manufacturing of smart pillows, including latex, foam, down and feather, wool or cotton, polyester, and others. These pillows are distributed through various channels, including online and offline distribution channels. Smart pillows find applications in various settings such as residential, hotels, and hospitals.
The smart pillow market research report is one of a series of new reports that provides smart pillow market statistics, including smart pillow industry global market size, regional shares, competitors with a smart pillow market share, detailed smart pillow market segments, market trends and opportunities, and any further data you may need to thrive in the smart pillow industry. This smart pillow market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The smart pillow market consists of sales of adjustable pillows, temperature-regulating pillows, and snoring pillows. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The smart pillow market size is expected to see exponential growth in the next few years. It will grow to $2.53 billion in 2028 at a compound annual growth rate (CAGR) of 23.6%. The anticipated growth in the forecast period for smart pillows can be attributed to various factors, including the aging population and increased prevalence of sleep disorders, the impact of home office and remote work trends, the rise of subscription and service models in the sleep industry, integration with smart home ecosystems, concerns related to environmental sustainability, collaborations with healthcare providers and telemedicine services, and adherence to regulatory compliance and standards. Major trends expected in the forecast period include the integration of sleep tracking and monitoring technologies, the adoption of adjustable firmness and support features, the incorporation of built-in speakers and wireless connectivity, the expansion of temperature regulation capabilities, the development of AI-powered sleep coaching, and the continued integration with smart home ecosystems.
The increase in sleep-related problems is anticipated to drive the growth of the smart pillow market. Sleep-related problems encompass a range of difficulties and disorders affecting the ability to obtain restful and adequate sleep. Modern lifestyles, characterized by irregular sleep patterns, extended working hours, and increased screen time, contribute to disruptions in natural sleep-wake cycles, leading to sleep-related issues. Smart pillows address these challenges by offering features such as monitoring sleep cycles, providing personalized recommendations, adjusting firmness or temperature, and promoting better sleep. According to the National Council on Aging in January 2024, a significant percentage of adults experienced insufficient sleep, with prevalence ranging from 38.3% to 38.6% in the 18-44 and 45-64 age groups, and 28.1% in those aged 65 and older. Medscape reported in 2021 that young adults aged 35-44 got the least sleep, with almost 50% only getting 5-6 hours per night, and only 33% getting the recommended 7-8 hours. The rise in sleep-related problems is a key driver for the growth of the smart pillow market.
Major companies in the smart pillow market are actively developing innovative smart pillows using AI algorithms to gain a competitive edge. These pillows provide users with essential information about their sleep status, including a sleep score, and often need to be charged. Xiaomi, a China-based multinational electronics company, introduced the Xiaomi Smart Pillow in September 2022. This smart pillow integrates AI algorithms for comprehensive fitness and health monitoring during sleep, equipped with a piezoelectric sensor to precisely record heartbeat, snoring, body movement, and breathing, offering necessary comfort and support to the user.
In January 2023, Moona, a France-based sleep technology company, secured €6 million in funding to advance the development of its intelligent pillow cooling technology. Moona's innovative smart pillow incorporates a water-based cooling system designed to regulate the pillow's temperature, providing personalized cooling solutions to enhance the quality of sleep.
Major companies operating in the smart pillow market report are Tactile Medical Inc., DOWNLITE, MAETEL GmbH & Co. KG, Nanit, Messe Frankfurt GmbH, ADVANSA Marketing GmbH, MyPillow Inc., Sleepace, Mediflow USA, Eight Sleep, Down & Feather Company, Inc., Smart Nora, SleepSmart, REM-Fit, GioClavis Co. Ltd., MOONA, Advanced Sleep Technology Inc., iSense AG, Dreampad, Tempur-Pedic Inc., Sunrise Smart Pillow, Peter Kohl Nachfolger GmbH & Co. KG, ROHDEX Bettfedern GmbH & Co. KG, Karl Sluka GmbH & Co. KG.
North America was the largest region in the smart pillow market in 2023. The regions covered in the smart pillow market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smart pillow market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
A smart pillow is an innovative sleep accessory designed to enhance comfort and improve sleep quality. It incorporates various features such as built-in sensors, speakers, and connectivity options to provide personalized sleep experiences. Smart pillows are equipped to track sleep patterns, monitor vital signs, and may even offer adjustable firmness or temperature settings according to user preferences. These technological advancements aim to contribute to a more tailored and optimized sleeping environment for users.
The primary types of smart pillows include anti-snoring, multifunctional, and other products. Anti-snoring smart pillows are specifically designed to address snoring issues by promoting proper head and neck alignment. These pillows often incorporate features such as elevated contours or adjustable heights to keep airways open during sleep. Various materials are used in the manufacturing of smart pillows, including latex, foam, down and feather, wool or cotton, polyester, and others. These pillows are distributed through various channels, including online and offline distribution channels. Smart pillows find applications in various settings such as residential, hotels, and hospitals.
The smart pillow market research report is one of a series of new reports that provides smart pillow market statistics, including smart pillow industry global market size, regional shares, competitors with a smart pillow market share, detailed smart pillow market segments, market trends and opportunities, and any further data you may need to thrive in the smart pillow industry. This smart pillow market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The smart pillow market consists of sales of adjustable pillows, temperature-regulating pillows, and snoring pillows. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Smart Pillow Market Characteristics3. Smart Pillow Market Trends And Strategies32. Global Smart Pillow Market Competitive Benchmarking33. Global Smart Pillow Market Competitive Dashboard34. Key Mergers And Acquisitions In The Smart Pillow Market
4. Smart Pillow Market - Macro Economic Scenario
5. Global Smart Pillow Market Size and Growth
6. Smart Pillow Market Segmentation
7. Smart Pillow Market Regional And Country Analysis
8. Asia-Pacific Smart Pillow Market
9. China Smart Pillow Market
10. India Smart Pillow Market
11. Japan Smart Pillow Market
12. Australia Smart Pillow Market
13. Indonesia Smart Pillow Market
14. South Korea Smart Pillow Market
15. Western Europe Smart Pillow Market
16. UK Smart Pillow Market
17. Germany Smart Pillow Market
18. France Smart Pillow Market
19. Italy Smart Pillow Market
20. Spain Smart Pillow Market
21. Eastern Europe Smart Pillow Market
22. Russia Smart Pillow Market
23. North America Smart Pillow Market
24. USA Smart Pillow Market
25. Canada Smart Pillow Market
26. South America Smart Pillow Market
27. Brazil Smart Pillow Market
28. Middle East Smart Pillow Market
29. Africa Smart Pillow Market
30. Smart Pillow Market Competitive Landscape And Company Profiles
31. Smart Pillow Market Other Major And Innovative Companies
35. Smart Pillow Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Smart Pillow Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on smart pillow market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for smart pillow ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The smart pillow market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Anti-Snoring; Multifunctional; Other Products2) By Material: Latex Pillow; Foam Pillow; Down and Feather Pillow; Wool Or Cotton Pillow; Polyester Pillow; Other Material.
3) By Distribution Channel: Online Distribution Channel; Offline Distribution Channel
4) By Application: Residential; Hotel; Hospital
Key Companies Mentioned: Tactile Medical Inc.; DOWNLITE; MAETEL GmbH & Co. KG; Nanit; Messe Frankfurt GmbH
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Tactile Medical Inc.
- DOWNLITE
- MAETEL GmbH & Co. KG
- Nanit
- Messe Frankfurt GmbH
- ADVANSA Marketing GmbH
- MyPillow Inc.
- Sleepace
- Mediflow USA
- Eight Sleep
- Down & Feather Company, Inc.
- Smart Nora
- SleepSmart
- REM-Fit
- GioClavis Co. Ltd.
- MOONA
- Advanced Sleep Technology Inc.
- iSense AG
- Dreampad
- Tempur-Pedic Inc.
- Sunrise Smart Pillow
- Peter Kohl Nachfolger GmbH & Co. KG
- ROHDEX Bettfedern GmbH & Co. KG
- Karl Sluka GmbH & Co. KG
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | April 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.08 Billion |
Forecasted Market Value ( USD | $ 2.53 Billion |
Compound Annual Growth Rate | 23.6% |
Regions Covered | Global |
No. of Companies Mentioned | 24 |