PUBLISHER: Value Market Research | PRODUCT CODE: 1548085
PUBLISHER: Value Market Research | PRODUCT CODE: 1548085
The global demand for Mattress Market is presumed to reach the market size of nearly USD 83.38 Billion by 2032 from USD 44.6 Billion in 2023 with a CAGR of 7.2% under the study period 2024-2032.
A mattress is a large rectangular pad essentially filled with cotton or foam rubber. A conventional mattress consists of two primary sections: a support layer and the upholstery comfort layer wrapped in a thick fabric called the ticking. Filling material varies from wool, cotton, water, air and a variety of natural fibers. These are usually placed on top of solid bed base such as standard king, queen and double bed sizes. Their lifespan depends upon the materials used for the manufacturing, quality of maintenance and rigorousness of use. Sleeping on mattress offers orthopaedic benefits such as increased support, improved posture, and better sleep. These are suitable for people suffering from arthritis, back pains and aches, osteoporosis, and other identical conditions.
Growing urbanization and rapid expansion of healthcare sectors across the globe is driving the growth of the market. Owing to the increasing construction of residential complexes, there is a significant rise in the demand for various home furnishings, including mattresses. Mattresses are gaining importance in the contract market such as projects for hotels, hospitals and military institutions. This poses an opportunity for manufacturers. Furthermore, growing instances of back and posture-related problems caused by uncomfortable sleeping surfaces is also providing a boost to the market growth. There is widespread adoption of airbeds, waterbeds and foam-based mattresses that offer superior comfort through even distribution of pressure and body weight, thus allowing the spine to relax while sleeping. Additionally, product innovations, such as the introduction of organic and customizable mattresses, are another growth-inducing factor. Attention to green and natural materials represents the main trend for manufacturers. Manufacturers are utilizing natural and environment-friendly raw materials, including wool, natural latex and organic cotton for the production of mattresses that are free from chemically processed components. Aggressive promotional activities by manufacturers, along with the development of the online retail channels, are projected to drive the market further.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Mattress. The growth and trends of Mattress industry provide a holistic approach to this study.
This section of the Mattress market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Mattress market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Mattress market include Culp Inc, Mattress Firm Group, Tempur Sealy International Inc, Casper Sleep Inc, Recticel Schlafkomfort GmbH, Beter Bed Holding N.V., Others. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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