Global Mattress Market | Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2029| Report by Introspective Market Research
Market Overview:
Market Overview:The Global Mattress Market Size Is Projected To Reach USD 79.04 Billion By 2028 From An Estimated USD 53.56 Billion In 2021, Growing At A CAGR Of 6.7% Globally.
A bedding is a huge, typically rectangular cushion for supporting a lying individual. It is put on top of the bed base and comprises of weighty fabric which contains materials, for example, straw, hair, cotton, froth elastic, or a structure of metal springs. Additionally, like futons, it is filled with air or various natural fibers. The Arabic word for mattress refers to either a place where something is thrown down or something that has been thrown down. The Arabic practice of sleeping on a kneeler or cushions on the floor was adopted by Europeans during the Crusades. The material’s words eventually became Middle English through Roman languages. The market’s expansion is aided by the rising prevalence of back and posture-related issues that support the rise in mattress demand.
The Report Will Include A Major Chapter
- Patent Analysis
- Regulatory Framework
- Technology Roadmap
- BCG Matrix
- Heat Map Analysis
- Price Trend Analysis
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Market Dynamics and Factors:
The majority of people who are interested in purchasing new products are the primary driver of the mattress market’s expansion. There are a lot of online businesses selling new, useful goods, like a mattress, all over the world. In addition, severe mental discomfort is brought on by a shift in lifestyle, schedule, and eating habits. People are more aware of the issues that arise when they sleep poorly. As a result, they gravitate toward comfort-oriented products. The increased demand for mattresses and the market’s expansion in the upcoming year is supported by the improved sleep quality provided by mattresses.
A few web-based stages are accessible on the planet for the offer of different items including the sleeping cushion is a worthwhile chance for the bedding market. When it comes to buying mattresses, a lot of people prefer to do so online because they can compare products, sizes, shapes, and materials to other websites and choose the best ones. Customers are more aware of the advantages of online shopping. For instance, retail e-commerce sales worldwide were estimated to reach 4.9 trillion U.S. dollars in 2021, according to Statista. The company also stated that sales are expected to grow by 50% over the next four years, reaching approximately 7.4 trillion U.S. dollars by 2025. In the time frame that is anticipated, this represents an enormous opportunity for the mattress market.
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Top Key Players Covered In The Mattress Market:
- King Koil (Willowbrook, United States)
- Kingsdown Inc (Mebane, United States)
- Paramount Bed Co. Ltd (Tokyo, Japan)
- Relyon Limited (Wellington, United Kingdom)
- Restonic Mattress Corporation (Buffalo, United States)
- Serta Simmons Bedding LLC (Atlanta, United States)
- Silentnight Group Ltd (Preston, United Kingdom)
- Sleep Number Corporation (Minneapolis, United States)
- Spring Air International (Woburn United States)
- Tempur Sealy International Inc (Lexington, United States), and Other Major Players.
Mattress Market Report Highlight:
- By Type, the innerspring mattresses segment is anticipated to lead the growth of the Mattress market in the forecasted timeframe. This mattress bounces a lot. Because it is simple to get in and out of bouncy beds, which are preferred by the majority, demand for innerspring mattresses has increased. It has a low price, is durable, and is made of stronger and thicker metal, supporting the market’s expansion. It also has an excellent level of breathable and comfortable sleeping surface.
- By Application, the private household segment is expected to have the highest share of the Mattress market over the projected period. The world’s growing population is accompanied by an increasing number of hotels, motels, hospitals, hostels, colleges, five-star resorts, and commercial establishments. The result is an increase in tourism to five-star resorts as a result of changing lifestyles and improving financial conditions. The market’s expansion is aided by these factors.
- The North American region is expected to have the highest share of the Mattress market over the projected period. The majority of sales of the innerspring mattress take place in North America. The North American people groups consume extravagance and premium quality items. Likewise, increasing the number of hospitals built, tourists, and hospitals in this region. The mattress market is expected to grow as a result of these factors.
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Key Industry Development:
In March 2022, Under the Sleep Number 360 brand, Sleep Number Corporation introduces an AI-based smart bed. The cutting-edge sensors in this new item enable proactive sleep monitoring and enhancement.
In April 2021, Spring Air International introduced four mattress models in the Breathe collection. For better sleep, these models shield you from viruses and bacteria.
Mattress Market Segmentation:
By Type
- Innerspring mattress
- Foam Mattress
- Latex mattress
By Application
- Private Households
- Hotels
- Hospitals
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For this report, Introspective Market Research has segmented the Mattress Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2022-2028)
North America
- The U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest Of Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
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Scope of the Report:
The latest research on the Mattress market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global Mattress industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Mattress market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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