The latest report by IMARC Group, titled “Mattress Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the market. The mattress industry outlook report also includes competitor and regional analysis, and contemporary advancements in the market. The global mattress market size reached US$ 36.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 52.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.02% during 2023-2028.
Mattress Market Overview:
A mattress is a rectangular pad designed to be used as a bed or as a frame part of a bed to support the reclining body. It is manufactured from heavy cloth that comprises foam rubber, hair, straw, cotton, or a framework of metal springs. It plays a vital role in offering support and comfort to the body by keeping the spine in a neutral position and easing sleep. It provides numerous benefits, such as assisting in minimizing nervousness, irritability, headaches, and stress experienced by individuals promoting good form and posture and maintaining emotional and mental health. Some commonly available mattresses include innerspring, airbed, hybrid, waterbed, foam and memory foam, pillow tops, gel, latex, and adjustable foundations.
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Global Mattress Industry Demand :
The rising demand for home furnishing products among the masses is driving the global market. Moreover, the increasing infrastructural development projects and the growing number of luxury hotels are also contributing to the market. Besides, due to the increasing occurrences of back problems due to discomfort sleeping position, this is providing a boost to the demand for airbeds, waterbeds, and foam-based mattresses that offer superior comfort.
In line with this, numerous major companies are focusing on introducing smart mattresses with AI technology, which helps in detecting health, sleeping hours, and breathing patterns of an individual while sleeping is gaining widespread prominence among individuals. Other factors, such as inflating disposable income levels of the masses and the rising prevalence of multifunctional beds, are also influencing the market.
Top companies in Mattress Market:
- Kingsdown Inc.
- Kurlon Enterprise Ltd.
- Leggett & Platt Incorporated
- Paramount Bed Co. Ltd.
- Sealy Corporation
- Serta Inc.
- Simmons Bedding Company LLC
- Sleep Number Corporation
- Southerland Inc.
- Spring Air Company
- Tempur-Pedic International, Inc
Key Market Segmentation:
Breakup by Product:
- Innerspring
- Memory Foam
- Latex
- Others
Breakup by Size:
- Twin or Single
- Twin XL
- Full or Double
- Queen
- King
- Others
Breakup by Application:
- Domestic
- Commercial
Breakup by Distribution Channel:
- Online
- Offline
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
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