Canopy beds have forever been the mark of comfort and sophistication. Originally canopy beds intended to provide warmth and offer privacy. The ongoing trend however, reflects canopy beds offering sumptuous design.
The advantage of canopy beds is that they blend in any interior design style, and fits perfect for classic and modern bedrooms as well. However as a matter of fact, canopy beds look best in rooms with high ceilings, as they give the room a look of grandeur. 2019 has witnessed canopy beds as being the go-to bedroom interior design and amidst a hectic lifestyle; the four-poster bed creates a luxurious and relaxing retreat.
Home remodeling and interior decorations have become a trend, predominantly within the developing regions. Home decor for bedroom has a changed pattern, wherein it is more of a relaxed space. Interior decorating and home conceptualization is increasing and to give the bedroom elegance and comfort, people are tuning towards trendy and fashionable canopy beds. Gone are the days where home was just a place to reside, nowadays, home is a reflection of mood, style and comfort.
Additionally, social media influence has resulted in redefining the home styling trend and has resulted in excessive emphasis on home decor. Interior styling has gained prominence and bedroom styling is a prime deal, especially with young girls; thereby driving the global canopy beds market.
Canopy beds have returned to glamour, mostly because of its inclusion in the commercial spaces, primarily the hotels and resorts focusing on honeymoon trips. Exquisite decor, comfortable space and utmost relaxation, along with privacy are the deal breakers in a renting space for honeymoon. Hotels and resorts offer canopy beds, and the preference for this room view has increased interestingly. Considering the fact that hotels and resorts for holiday booking have an uptick for comfort and relaxation, canopy beds are trending.
Canopy beds have utilitarian value itself, offering an opportunity for increased demand in space-crunched houses. Another major factor is the introduction of Disney canopy beds for children. Canopy beds have long been established as an effective repellent against mosquitoes, at least to some degree. Nowadays, there is even a market specifically for those seeking protection against bed bugs. However, while many companies offer curtains and canopies that keep bed bugs at bay, there is no guarantee for complete eradication of the bugs.
Wooden canopy beds are heavier and more difficult to care for than metal canopy beds, which rules out the demand for wooden beds for residential purpose. However, metal canopy beds are relatively light and low-maintenance and furthermore more cost-effective.
A major challenge regarding the canopy beds market is that it requires a little more maintenance as compared to standard bed frame. Firstly, dust tends to collect on the top beams, which demands regular cleaning. Second, canopy beds require a minimum of a foot space in between the ceiling and the posters. A canopy bed is not ideal for smaller spaces or for spaces with low ceilings, where a canopy bed might make a room feel cramped.
The key players in the canopy beds market are
The canopy beds market is highly fragmented and provides market space to new entrants offering product innovation.
Global canopy beds market is led by Europe, while it witnessed a surge in the North America and Asian countries. South-east Asian countries are benefitting from the increased inflow of tourists for honeymoon vacations, thus generating a majority of the demand for canopy beds.
The canopy beds market in developing regions is unorganized and offers scope for new companies to flourish and consequently result in an increasing market within the region.
The global canopy beds market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
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