Mattress Market Overviews
Mattress Market was valued at USD 37.18 billion in 2023. Global Mattress Market size is estimated to grow at a CAGR of 7.8 % over the forecast period.
Further, the Mattress Market is segmented By Product, By Application, By Size and geography. On the basis of Product, the Mattress Market is segmented under Innerspring, Memory Foam, Latex, Others (Gel, Hybrid, Air, and Water). Based on the Application, the Mattress Market is segmented under Household, Healthcare, Hospitality. On the basis of Size, Twin, Full, Others. By geography, the market covers the following Regions: North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD Billion).
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Mattress Market Scope and Methodology:
Moreover, advancements in technologies and the use of artificial intelligence increase the quality and quantity of the product. The personalized marketing campaigns are expected to increase the awareness of the product among the consumers through the forecast period. The emergence of online retail channels opened a new way of shopping for consumers. The wide range of variety and ease of using expected to increase the opportunities for the market through the forecast period. The increase in awareness about health created in COVID 19 period shifted the consumer behaviour to purchase health-related products.
Mattress Market Regional Insights
Based on the regional analysis, the North American region is expected to dominate the market through the forecast period. As consumers are attracted to buying luxury items and premium quality products. According to MMR research the average North American consumers buy new mattresses when the previous one is not able to give comfort, which increases the demand for the market. The Europe region is gaining growth due to the rise in the travel and tourism industry. The Asia Pacific region is expected to grow at the highest CAGR through the forecast period.
Mattress Market Segmentation
By Product, the Mattress Market is segmented under Innerspring, Memory Foam, Latex, and Others (Gel, Hybrid, Air, and Water). The Innerspring segment is expected to dominate the market through the forecast period and the Hybrid type is expected to grow at the highest CAGR during the forecast period. These types of mattresses are widely used in various regions due to their higher availability, lifespan and product quality.
Mattress Market Key Players
Simmons Bedding Company
Sealy Corporation
LLC
Kaiserkorp Sdn.Bhd. (King Koil)
Owen & Company Limited (Kingsdown Inc.)
Comfur Mattresses
Englander Mattress
Sleep Number
Puffy Mattress
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Key questions answered in the Mattress Market are:
- What is Mattress ?
- What was the Mattress market size in 2023?
- What is the growth rate of the Mattress Market?
- Which are the factors expected to drive the Mattress market growth?
- What are the different segments of the Mattress Market?
- What growth strategies are the players considering to increase their presence in Mattress ?
- What are the upcoming industry applications and trends for the Mattress Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Mattress Market?
- Who are the leading companies and what are their portfolios in Mattress Market?
- What segments are covered in the Mattress Market?
- Who are the key players in the Mattress market?
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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