Exclusive Insights on Mattress Market Latest Trends, Drivers, Strategies and Forecast
The universal Mattress Market report provides fundamental information about the industry, including definition, classification, application, industry chain structure, overview, and international market analysis. By collaborating with project managers, the DBMR team offers clients strategic insights into product development, key areas of growth, application modeling, technology use, acquisition strategies, exploration of niche growth opportunities, and new markets. This market research report also identifies the leading competitors and provides insights into the strategic industry analysis of the key factors influencing the Mattress Market industry. Market drivers and restraints are explained in the reliable Mattress Market report using SWOT analysis.
The Mattress Market research report considers key market dynamics of the sector. Additionally, this market report comprises crucial aspects of the market, including industry research, market sizing & forecast, competitive intelligence, market entry strategy, pricing trends, sustainability trends, customer insights, technology evolution, innovation trends, and distribution channel assessment. This market survey offers key information about the industry, important facts and figures, expert opinions, and the latest developments worldwide. The Mattress Market report can be relied upon for sure when contemplating key business decisions.
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Vendors are progressively focusing on increasing their product lines by launching alternatives to mattresses. They are trying to upsurge their sales and increase their market share by launching new products in the global mattress market. The foam is the highest-growing product segment due to its compatibility with an extensive range of adjustable beds, which makes it a preferred choice among consumers
Global Mattress Market was valued at USD 39.4 billion in 2021 and is expected to reach USD 66.19 billion by 2029, registering a CAGR of 6.70% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.
Market Definition
Mattresses are those pads that are designed for sleeping purposes. Many materials are used to manufacture mattresses, and they are available in different sizes according to the requirement. Mattresses may contain a quilted or similarly fastened case, generally of heavy cloth comprising materials such as foam rubber, hair, straw, cotton, or a framework of metal springs. Mattresses may also be filled with water or air.
Some of the major players operating in the mattress market are
Drive DeVilbiss International (U.S.)
SIZEWISE (U.S.)
Kingsdown Inc. (U.S.)
PARAMOUNT BED CO., LTD. (Japan)
Sealy Corporation (U.S.)
Simmons Bedding Company LLC (U.S.)
Sleep Number Corporation (U.S.)
Southerland Inc. (U.S.)
Spring Air Company (U.S.)
Tempur Sealy International Inc. (U.S.)
American National Manufacturing, Inc (U.S.)
SERTA SIMMONS BEDDING (U.S.)
Drivers
- Rising demand for a hybrid mattress
The increasing demand for hybrid mattresses is projected to drive the market's growth rate during the forecast period. A hybrid mattress has a comfort layer on the top and is also layered with springs. The comfort layer would contain cooling gel, latex, polyfoam, and memory foam. For instance, Casper Sleep Inc. New York-based company, provides a hybrid mattress that includes memory foam, comfort foam, a transition layer with pocketed coils, and Zoned Support.
- Increasing lifestyle inflation
Lifestyle inflation has become a common occurrence among upcoming generations, and there has been a continuous rise in expenditure with increasing incomes. According to the research of the Federal Reserve Bank of New York, lifestyle inflation was expected among low-income, middle-income, and high-income individuals in September 2019. Lifestyle inflation coupled with increased awareness regarding mattresses are expected to drive the market growth rate
Furthermore, the growing population, increasing availability of all types of mattresses, and rising prevalence of multifunctional beds are other indirect factors for the growth of the mattress market.
Global Mattress Market Scope
The mattress market is segmented on the basis of product, size, application, distribution channel, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
Foam
Hybrid
Innerspring
Latex
Water Bed
Air Bed
Adjustable Bases
Others
Size
Twin or Single Size
Twin XL Size
Full or Double Size
Queen Size
Others
Application
Household
Commercial
Distribution Channel
Offline Retail
Online Retail
Independent Retailers/ Exclusive Stores
Specialty Stores
End User
Hotel industry
Household
Hospitals
Others
Focusing points in the Mattress Market report
Key trends in the Mattress Market place
Major players and brands
Drivers and restrains of the Mattress Market
Strategies of key players and product offerings
In-depth market segmentation
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