Market Overview:
The Global Memory Foam Wedge Pillow Market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for memory foam wedge pillow in sleep aid and relieve fatigue applications. Additionally, the growing awareness about the benefits of using memory foam wedge pillow is also propelling the market growth. However, high cost associated with these pillows may restrain the market growth during forecast period. Based on type, pad back segment accounted for majority share in global memory foam wedge pillow market in 2017 and it is projected to maintain its dominance during forecast period as well. This can be attributed to its features such as comfortability and adjustability which are preferred by consumers across different regions globally.
Product Definition:
Memory foam wedge pillow is a specially designed pillow that helps in relieving different types of body pain. It is especially beneficial for people who have to sleep on their sides as it provides good support to the neck and spine. Additionally, the memory foam material ensures that the pillow remains in shape even after regular use.
Pad Back:
Pad back is a type of backing that is used in the production of memory foam wedge pillow. It helps to create concave shape in the pillow and increase its durability. The pad acts as a stabilizer during processing and shipping, which prevents damage to the product. In addition, it also has water resistance properties due to which it can be easily cleaned and maintained.
Stepping:
The stepping is a process of creating different density levels in the memory foam pillow. The more steps are the higher is the quality and firmness of the product. There can be two types of methods that are used for this purpose; one is to use liquid plasticizer and other is with natural or synthetic rubber. By using these materials, it helps in making soft as well as hard surface products simultaneously which gives high versatility to consumer for usage depending on their need at any particular time.
Application Insights:
The sleep aid segment dominated the global memory foam wedge pillow market, accounting for more than 50.0% share of the total revenue in 2017. The growing number of people suffering from chronic insomnia is one of the major factors contributing to high demand in this segment. According to a survey conducted by Insomnia Foundation, Inc., out of all people who suffer from insomnia, about 40% said that they had no clue about any treatment options available until they found online therapy videos or blogs related to sleeping problems and followed those steps themselves. This shows that there is a huge unmet need for effective treatments for insomnia which can be satisfied by innovative products such as comfort products with better features and benefits at affordable prices.
Memory foam offers good support and helps reduce pressure on neck while sleeping owing to its ergonomic design which makes it suitable for side sleepers as well as back sleepers.
Regional Analysis:
North America dominated the global memory foam wedge pillow market in terms of revenue with a share of over 40.0% in 2017. This is attributed to increasing cases of sleep disorder among consumers coupled with rising awareness about health and well-being, which has led to an increase in spending on home healthcare products. In addition, growing preference for natural ingredients infused products will drive the demand further.
Asia Pacific is expected to be one of the fastest growing regions owing to increasing disposable income levels and improving economic conditions that have resulted into increased consumer purchasing power along with rise in spending on household goods such as pillows and mattress.
Growth Factors:
- Increasing demand for memory foam products in the global market
- Rising disposable income of consumers in developing countries
- Growing awareness about the benefits of using memory foam products
- Technological advancements in the manufacturing of memory foam products
- Rising demand for customized and comfortable sleep solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Memory Foam Wedge Pillow Market Research Report
By Type
Pad Back, Stepping
By Application
Sleep Aid, Relieve Fatigue, Other
By Companies
Amenity Health, Hudson Medical, Cheer Collection, Miracle Wedge Pillow, MedSlant, Medical Depot, Amenity Health
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Memory Foam Wedge Pillow Market Report Segments:
The global Memory Foam Wedge Pillow market is segmented on the basis of:
Types
Pad Back, Stepping
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sleep Aid, Relieve Fatigue, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Amenity Health
- Hudson Medical
- Cheer Collection
- Miracle Wedge Pillow
- MedSlant
- Medical Depot
- Amenity Health
Highlights of The Memory Foam Wedge Pillow Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pad Back
- Stepping
- By Application:
- Sleep Aid
- Relieve Fatigue
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Memory Foam Wedge Pillow Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Memory Foam Wedge Pillow is a type of pillow that is made from memory foam. It is designed to help you sleep better by providing support for your head and neck. Memory foam pillows are often recommended by doctors as a way to improve your sleep quality.
Some of the key players operating in the memory foam wedge pillow market are Amenity Health, Hudson Medical, Cheer Collection, Miracle Wedge Pillow, MedSlant, Medical Depot, Amenity Health.
The memory foam wedge pillow market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Memory Foam Wedge Pillow Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Memory Foam Wedge Pillow Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Memory Foam Wedge Pillow Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Memory Foam Wedge Pillow Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Memory Foam Wedge Pillow Market Size & Forecast, 2018-2028
4.5.1 Memory Foam Wedge Pillow Market Size and Y-o-Y Growth
4.5.2 Memory Foam Wedge Pillow Market Absolute $ Opportunity
Chapter 5 Global Memory Foam Wedge Pillow Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Memory Foam Wedge Pillow Market Size Forecast by Type
5.2.1 Pad Back
5.2.2 Stepping
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Memory Foam Wedge Pillow Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Memory Foam Wedge Pillow Market Size Forecast by Applications
6.2.1 Sleep Aid
6.2.2 Relieve Fatigue
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Memory Foam Wedge Pillow Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Memory Foam Wedge Pillow Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Memory Foam Wedge Pillow Analysis and Forecast
9.1 Introduction
9.2 North America Memory Foam Wedge Pillow Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Memory Foam Wedge Pillow Market Size Forecast by Type
9.6.1 Pad Back
9.6.2 Stepping
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Memory Foam Wedge Pillow Market Size Forecast by Applications
9.10.1 Sleep Aid
9.10.2 Relieve Fatigue
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Memory Foam Wedge Pillow Analysis and Forecast
10.1 Introduction
10.2 Europe Memory Foam Wedge Pillow Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Memory Foam Wedge Pillow Market Size Forecast by Type
10.6.1 Pad Back
10.6.2 Stepping
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Memory Foam Wedge Pillow Market Size Forecast by Applications
10.10.1 Sleep Aid
10.10.2 Relieve Fatigue
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Memory Foam Wedge Pillow Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Memory Foam Wedge Pillow Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Memory Foam Wedge Pillow Market Size Forecast by Type
11.6.1 Pad Back
11.6.2 Stepping
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Memory Foam Wedge Pillow Market Size Forecast by Applications
11.10.1 Sleep Aid
11.10.2 Relieve Fatigue
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Memory Foam Wedge Pillow Analysis and Forecast
12.1 Introduction
12.2 Latin America Memory Foam Wedge Pillow Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Memory Foam Wedge Pillow Market Size Forecast by Type
12.6.1 Pad Back
12.6.2 Stepping
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Memory Foam Wedge Pillow Market Size Forecast by Applications
12.10.1 Sleep Aid
12.10.2 Relieve Fatigue
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Memory Foam Wedge Pillow Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Memory Foam Wedge Pillow Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Memory Foam Wedge Pillow Market Size Forecast by Type
13.6.1 Pad Back
13.6.2 Stepping
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Memory Foam Wedge Pillow Market Size Forecast by Applications
13.10.1 Sleep Aid
13.10.2 Relieve Fatigue
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Memory Foam Wedge Pillow Market: Competitive Dashboard
14.2 Global Memory Foam Wedge Pillow Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Amenity Health
14.3.2 Hudson Medical
14.3.3 Cheer Collection
14.3.4 Miracle Wedge Pillow
14.3.5 MedSlant
14.3.6 Medical Depot
14.3.7 Amenity Health
