Middle East and Africa Mattress Market Overview
In 2023, the Middle East and Africa mattress market was valued at USD 4.86 billion and is projected to grow at a compound annual growth rate (CAGR) of 6.9% during the forecast period.
Market Trends: The market is anticipated to expand due to rising disposable incomes and increased awareness of healthy living. The COVID-19 pandemic also accelerated market demand as people prioritized home comfort.
Market Segmentation: The mattress market is categorized based on:
Product Type: Innerspring, Memory Foam, Latex, and Others (Gel, Hybrid, Air, and Water).
Application: Household, Healthcare, and Hospitality.
Size: Twin, Full, and Others.
Geography: Major countries include South Africa, Nigeria, Saudi Arabia, UAE, Kuwait, Egypt, and the Rest of the Middle East and Africa. Market sizing and forecasts are provided in USD billion for each segment.
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Market Dynamics:
- Natural Mattress Trends: The growing preference for natural mattresses is driven by their hypoallergenic properties and health benefits. Increased awareness of the drawbacks of artificial mattresses is fueling the demand for natural options. Major companies are leveraging marketing strategies such as offering custom-made and natural mattresses to enhance revenue and cater to the demand for high-quality sleep solutions.
- Retail and E-Commerce Growth: The expansion of online and offline retail channels is boosting market demand. Special discounts and promotions on e-commerce platforms like Amazon, Flipkart, and Walmart are attracting consumers and creating opportunities for manufacturers and retailers. The variety of products available online helps consumers find their preferred options, further driving market growth.
- Hospitality Sector Expansion: Increased investment in private lodging and institutional facilities, such as hotels, hospitals, and school dormitories, is expected to drive market growth. The rise in hospitality chains and infrastructure development is anticipated to contribute significantly to the demand for mattresses.
Segment Analysis:
- By Product: The innerspring segment is predicted to lead the market, holding approximately 77.5% of the share. This dominance is attributed to the increasing awareness of healthy lifestyles and the growing prevalence of lower back issues, as innerspring mattresses are known for their comfort and support for back problems.
- By Application: The Hospitality sector is projected to be the leading segment due to the growing number of hospitality chains and infrastructure development, which is expected to drive demand throughout the forecast period.
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Middle East and Africa Mattress Market Key Players:
Tempur-Pedic International Inc
Serta Inc
Derucci
Simmons Bedding Company LLC
Hilding Anders
Recticel
Spring Air Company
MLILY
Select Comfort
Ruf-Betten
Kingsdown Inc.
Corsicana
Southerland Bedding Co.
Sleemon
Key questions answered in the Middle East and Africa Mattress Market are:
- What is Middle East and Africa Mattress?
- What was the Middle East and Africa Mattress market size in 2023?
- What is the growth rate of the Middle East and Africa Mattress Market?
- Which are the factors expected to drive the Middle East and Africa Mattress market growth?
- What are the different segments of the Middle East and Africa Mattress Market?
- What growth strategies are the players considering to increase their presence in Middle East and Africa Mattress?
- What are the upcoming industry applications and trends for the Middle East and Africa Mattress Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Middle East and Africa Mattress Market?
- What segments are covered in the Middle East and Africa Mattress Market?
- Who are the leading companies and what are their portfolios in Middle East and Africa Mattress Market?
- What segments are covered in the Middle East and Africa Mattress Market?
- Who are the key players in the Middle East and Africa Mattress market?
For a detailed overview of this study, click here:https://www.stellarmr.com/report/Middle-East-and-Africa-Mattress-Market/1072
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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