Down and Feather Market 2016 Share, Trend, Segmentation and Forecast Down and Feather Market - Global Industry Analysis

Down and Feather Market - Global Industry
Analysis, Size, Share, Growth, Trends, and
Forecast 2016 - 2024
Down and Feather Market: Snapshot
The global down and feather market is highly attractive and has been gaining
significant momentum over the recent past. The increasing demand for down and
feather products all over the world, especially from emerging economies, is
expected to drive the market. A rise in consumer purchasing power, a growing
urban population, changing consumer attitudes toward luxury and comfort, and
altering lifestyle habits are some of the parameters likely to influence the demand
for down and feathers from the apparel and home furnishing industry. Premium and
luxury home furnishing products are increasingly popular in the Middle East and
Africa, North America, and
Europe as they are used mainly in five-star and seven-star hotels.
The global down and feather market was valued at US$4.9 bn in 2015 and is
projected to reach US$8.7 bn by 2024, expanding at a CAGR of 6.7% therein.
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feather-market.html
Increasing Demand for Premium and Luxury Products Spurs Growth
By type, the market is broadly bifurcated into down and feather. The down segment
dominates the market due to its easy availability and natural insulating ability. It is
primarily employed in comforters and apparels, pillows, and beddings and the
segment presents attractive investment options for vendors. Down products are
largely used in North America and Europe to withstand the extreme weather
conditions in these regions. This trend is expected to continue during the forecast
period.
The down and feathers market has been segmented on the basis of origin into duck
and goose. In terms of volume, duck is anticipated to be a rapidly growing origin
segment during the forecast period, expanding at a CAGR of 5% during the forecast
period. Goose down and feather is mostly used in premium quality beddings and the
demand for the same is comparatively higher in Europe and North America.