Wednesday, August 28, 2019

Rise in Home Ownership Rate Expected to Drive World Mattress Market over the Forecast Period: Ken Research

A mattress is a large & rectangular mat for supporting the reclining body. A mattress is designed to be used as a bed or on a bed frame, as part of a bed. It consists of a heavy cloth which contains materials for instance hair, cotton, straw, foam rubber, or a framework of metal springs. Its size varies between national standards in width& height or depth. Many countries use non-numeric labels for instance "King", "Queen" or "Double" to signify the dimensions. It is filled with air or water. It is generally placed on top of a bed base which may be solid.
Global Mattress Market
According to the study, “World Mattress Market Research Report 2024(covering USA, EU, China, South East Asia, Japan and etc)” the key companies operating in the world mattress market are holding Anders, Silentnight, Pikolin, Englander Mattress, Simmons Bedding The company, KaiserkorpSdn.Bhd. (King Koil), Sleep Number Corp., Sealy Corp., Spring Air International, Magniflex, Puffy Mattress, Comfur Mattresses, Breckle, Ekornes, Tempur-Pedic International Inc., Southerland Inc., Select Comfort, Corsicana Mattress Company, Recticel, Veldeman Group, Relyon Ltd., Owen & Company Limited (Kingsdown Inc.), Pleasant Mattress Inc., SertaSimmons Bedding LLC, McRoskey Mattress Company, KingKoil, Auping Group, Ecus, Ruf-Betten. With an increase in competition, mattress manufacturers are focusing on offering adjustable mattresses that provide enhanced comfort & smart connectivity through Wi-Fi and Bluetooth.
Based on type, mattress market is segmented into disposable and permanent. Based on product, the market is segmented into memory foam, innerspring, gel, water bed, fillings, latex mattress, air bed, and adjustable bases. Foam segment is further sub-segmented into polyuratene, memory, polyethylene, gel, latex, polyester, evlon and convoluted. Innerspring is further sub-segmented into bonnel coils, continuous coils, pocket coils and offset coils. Fillings are further sub-segmented into wool, coir, cotton, and others (polyester & fiber). Based on a layer, the market is segmented into the comfort layer or upholstery (insulator, the middle upholstery, and quilt) and support layer or core. Upholstery layers cover the mattress & provide cushioning or comfort. Based on the distribution channel, the market is segmented into offline stores (supermarket/hypermarket), online stores, specialty stores, independent retailers or exclusive stores. Based on the size, the market is segmented into a king-size, queen size, full or double size, twin or single size and twin xl size. In addition, based on end-user, the market is segmented into household, hotel industry, hospitals, and others.
The mattress market is driven by rising in the number of households, followed by an increase in the hotel industry, rise in consumer preference, increase in innovative technologies, growth in demand for hybrid & gel-filled mattresses, favorable government policies, rise in homeownership rate and increase in disposable income & change in lifestyle. However, the environmental impact of certain products and volatile prices of raw materials may impact the market. Moreover, surge in demand for eco-friendly mattresses and rise in the number of health-conscious consumers are major opportunities for the market.
Based on geography, the USA country holds a major share, followed by the EU in the mattress market owing to increase in homeownership & home refurbishment in the regions. China and Japan countries are expected to witness higher growth rate due to the increase in urban population over the forecast period. Growth in preference for interior designing and an increase in expenditure on home furnishing are expected to boost the global market in the near future.
Global Mattress Market: Product Segment Analysis
Innerspring Mattress
Foam Mattress
Latex Mattress
Others Mattress
Global Mattress Market:
Application Segment Analysis
Private households
Hotels
Hospitals
Others
Global Mattress Market:
Regional Segment Analysis
USA
Europe
Japan
China
India
southeast Asia
The players mentioned in our report:-
Hilding Anders
Pikolin
Silentnight
Sealy
Simmons
Breckle
Magniflex
Tempur-Pedic
Ekornes
Recticel
Select Comfort
Serta
Veldeman Group
Auping Group
KingKoil
Ecus
Ruf-Betten
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Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

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