Global Mattress Market - Analysis By Product Type (Innerspring, Latex, Memory Foam, Others), By Size, By End User, By Region, By Country (2020 Edition): Market Insight, Competition and Forecast (2020-2025)

The Global Mattress Market is estimated to be around USD 35 Billion in 2021 and is likely to grow at a CAGR of ~7% over the period 2022-2030. Both the private and government sectors are making investments that are substantial the healthcare industry to produce infrastructure and expand healthcare facilities. By way of example, according to the Government of India’s flagship program of Pradhan Mantri Jan Aarogya Yojana (AB-PMJAY), all hospitals underneath the Ayushman Bharat scheme is to be provided with viability gap funding as high as 40% associated with the project cost that is total. This will hence, resulted in acquisition of more beds and mattresses for government and semi-government hospitals in the future to upgrade the fundamental infrastructure depending on the aforesaid scheme.
Increased incidences of back problems caused mainly by uncomfortable sleeping surfaces will probably play a role that is major the development of specialty mattresses such as airbed, waterbed, and foam-based mattresses. It really is majorly utilized by new hospitals, along with renovated healthcare that is old, that have contributed significantly towards the demand for such mattresses to present comfort to in-patients, out-patients, and caretakers.
Furthermore, easy availability and affordable prices will increase the global demand for innerspring mattresses with an overall total share of 32.5% in 2018. For instance, Serta Inc. launched the iComfort hybrid mattress with TempActiv cooling technology and a new coil support system, which infuses copper into materials such as natural latex. This gives immediate body contact or closeness into the element itself as copper relieves pain, reduces arthritis-related inflammation, really helps to cure several other medical problems, and increases energy level that is overall.
Hotels will be the main end-users of mattresses within the commercial segment as they replace the mattresses more regularly than residential users. On a typical, residential users change their mattresses in 9-10 years, whereas it will take a maximum of 5-6 years when it comes to hospitality sector to improve their mattresses. Thus, the commercial segment is expected to enhance at a CAGR of 7.1% throughout the forecast period as compared to the segment that is domestic. For instance, King Koil provides mattresses to hotels that are premium as JW Marriott, Hyatt Regency, Westin Hotels & Resorts, and Le Meridien.
Scope of the Report

• The report analyses the mattress market at global, regional and country levels.
• The report analyses the Mattress Market By Product Type (Innerspring, Latex, Memory Foam, Others).
• The report assesses the Mattress market By Size (King, Queen, Full, Others).
• The report further estimate the Mattress market By End User (Domestic and Commercial).
• The Global Mattress Market has been analysed By Region (North America, Europe, Asia Pacific) and By Country (United States, Canada, Germany, China, India).
• The attractiveness of the market has been presented by Region, Product Type, Size and End User. Additionally, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Sleep Number Corporation, Simmons Bedding Company LLC, Tempur Sealy International Inc., Relyon Limited, McRoskey Mattress Company, Paramount Bed Holdings Co. Ltd., Sealy Corporation, Saatva Inc., Casper Sleep Inc, Leggett and Platt Inc.
• The report presents the analysis of Mattress market for the historical period of 2015-2019 and the forecast period of 2020-2030.

Key Target Audience

• Mattress Vendors
• Mattress Manufacturers
• Consulting and Advisory Firms
• Investment Banks and Equity Firms

 

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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