Memory Foam Mattress Market Is Projected to Grow USD 7,372.26 million at a CAGR 4.50%, Globally, by 2030: States DBMR
The top-notch Memory Foam Mattress Market research report provides a comprehensive analysis of the market structure, along with forecasts for various segments and sub-segments of the Memory Foam Mattress Market industry. The report highlights CAGR value fluctuations during the forecast period of 2022-2029. The simplicity maintained in the research method and the application of the best tools and techniques make this market report exceptional. The Memory Foam Mattress Market analysis report makes available the market potential for each geographical region based on growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
To design the global Memory Foam Mattress Market report, a team of multilingual researchers skilled in different languages collaborates to execute professional market research globally. The purpose of this market report is to provide a detailed analysis of the Memory Foam Mattress Market industry and its impact based on applications and on different geographical regions. This wide-ranging market research report acts as a backbone for the success of businesses in any sector. The report provides details about the top players and brands that are driving the market. By attaining actionable market insights via the Memory Foam Mattress Market research report, sustainable and profitable business strategies can be built.
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Due to rising acute back pain, the demand for memory foam mattresses is bound to rise. Most of the people suffer from sleep deprivation due to some or the other reason. This affects their mental health, physical health and spiritual health. The memory foam mattresses fall in the category of luxury goods and not normal goods. This means that one has to incur huge costs to get the possession. It is therefore not affordable by everyone. This has limited the scope of growth for the market. Also, the long replacement cycle of mattresses is hindering the growth of memory foam mattress market.
Data Bridge Market Research analyses that the memory foam mattress market which was USD 5,184.06 million in 2022, is expected to reach USD 7,372.26 million by 2030, and is expected to undergo a CAGR of 4.50% during the forecast period of 2023 to 2030. “Conventional” dominates the type segment of the memory foam mattress market due to its offer space efficiency, organization, and versatility while contributing to the overall aesthetics of bathroom. They are practical, cost-effective, and help keep towels dry and accessible. The choice of memory foam mattress type and style should align with specific bathroom design and needs. 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 behaviour.
Market Definition
A memory foam mattress is a type of bedding designed for superior comfort and support. It is crafted from viscoelastic foam, a unique material that responds to body heat and weight. The mattress contours and molds to the sleeper's body, evenly distributing pressure and providing exceptional support to relieve pressure points, such as shoulders and hips. This adaptive quality promotes restful sleep, reduces discomfort, and enhances spinal alignment. Memory foam mattresses are known for isolating motion, and preventing disturbances caused by a partner's movements.
Some of the major players operating in the memory foam mattress market are:
Serta, Inc. (U.S.)
KING KOIL (U.S.)
SINOMAX (China)
Glideaway (U.S.)
Sleep Number Corporation (U.S.)
Tempur Sealy International, Inc. (U.S.)
Casper Sleep Inc. (U.S.)
DeRUCCI International Holdings Limited (China)
Kingsdown, Inc. (U.S.)
Simmons Bedding Company (U.S.)
Spring Air International (U.S.)
Dorel Industries Inc. (Canada)
Restonic Mattress Corporation (U.S.)
Corsicana Mattress Company (U.S.)
Leggett & Platt, Inc. (U.S.)
Southerland Sleep (U.S.)
Sleemon (China)
Hilding Anders (Sweden)
M/S.Shubh Lifestyle Creations (India)
Siddharth Poly Foam Private Limited (India)
Drivers
- Memory Foam Mattresses are Favored for their Exceptional Comfort and Support
Memory foam mattresses are renowned for their ability to provide superior pressure point relief. The viscoelastic foam responds to the body's heat and weight, contouring to the sleeper's unique shape. This alleviates pressure on areas such as the shoulders, hips, and lower back, reducing discomfort and promoting a more comfortable sleep experience. Memory foam mattresses help maintain proper spinal alignment by evenly distributing body weight and supporting the natural curvature of the spine. This alignment minimizes the risk of waking up with aches and pains, contributing to a more restful and rejuvenating sleep.
Comfort and support are fundamental drivers for the global memory foam mattress market because they address key factors that influence sleep quality and overall well-being. Consumers seek out memory foam mattresses for their ability to provide pressure relief, spinal alignment, motion isolation, and customized comfort, making them a preferred choice for those looking for a comfortable and supportive sleep surface.
- Increasing Awareness of the Importance of Quality Sleep for Overall Health
Health awareness is a significant driver in the global memory foam mattress market, with consumers increasingly prioritizing their well-being and recognizing the connection between quality sleep and overall health. As awareness of sleep-related health issues, such as insomnia, sleep apnea, and chronic back pain, grows, people are more inclined to invest in products that can improve their sleep quality. Memory foam mattresses are often recommended by healthcare professionals for their potential to alleviate these issues. Health-conscious consumers are increasingly adopting preventive health measures. Investing in a memory foam mattress is seen as a proactive step toward maintaining good health by addressing sleep-related issues before they become chronic.
Health awareness is a driving force behind the global memory foam mattress market as consumers become increasingly conscious of the link between sleep quality and overall health. Memory foam mattresses are perceived as a proactive and beneficial investment in improving sleep-related health issues, managing chronic pain, and promoting overall well-being, making them a preferred choice for health-conscious individuals.
Global Memory Foam Mattress Market Scope
The memory foam mattress market is segmented on the basis of type, applications and size. 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.
Type
Below 10cm
10-30cm
Above 30cm
Applications
Residential Use
Commercial Use
Size
Twin
Twin XL
Full Size
Others
Opportunities in the Memory Foam Mattress Market
To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
The key findings and recommendations highlight crucial progressive industry trends in the Memory Foam Mattress Market, thereby allowing players to develop effective long term strategies
To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Europe.
To get a comprehensive overview of the Memory Foam Mattress Market
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