Market Overview
A mattress is a sizable, rectangular pad that is either filled with cotton, foam rubber, or coil springs. It is essential for providing the body with the proper support and comfort, maintaining spinal neutrality, and promoting sleep. Furthermore, it helps people reduce their anxiety, irritability, headaches, and stress, all of which are connected to how well they sleep.
Additionally, due to the rising prevalence of back and posture-related issues brought on by uncomfortable sleeping surfaces, airbeds, waterbeds, and foam-based mattresses are increasingly popular since they provide superior comfort by evenly distributing pressure and body weight. Furthermore customizable, these mattresses help to relax the spine while you sleep.
Report Analysis
According to the research report, “Mattress Market Current Analysis and Forecast (2021-2027)” asserts that the Mattresses Market will grow rapidly during the forecasted period of 2027 as a result of a rise in product demand brought by the consumer understanding of the health advantages of getting more sleep. One of the main factors propelling the growth of the mattress market is the rising urban population. Additionally, customized mattresses provide equal support for every area of the body, adequately support the lower back, and maintain neutral spinal alignment, which will boost the mattress market.
Segmentation
By Material
Based on the material, the mattresses market is segmented into innerspring, memory foam, latex and others. Due to the rise in back problems caused by uncomfortable sleeping surfaces, the innerspring segment, which had a sizeable revenue share in the market in 2020, is predicted to expand at a notable growth rate throughout the projected period. Innerspring mattresses have a fabric-covered frame made of metal wires and springs, with cushioning material placed on top of the mattress for added support.
By Type
In terms of type, the market is categorized into Branded and Unbranded. The unbranded segment, which previously represented a sizable portion of the worldwide mattress market, is anticipated to expand strongly over the next years. This is primarily due to the existence of a sizable number of small domestic businesses in emerging nations that are selling mattresses for less money.
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By Size
On the basis of size, the mattresses market includes single, double, queen, and king. In 2020, the queen-size mattress sector was a significant shareholder in the mattress market, and it is anticipated that it will continue to be so during the projection period. Due to queen-size mattresses' reduced price, households use them frequently, which is largely responsible for this segment's rise. The size of the mattress also makes it simple to fit two adults and a child on it.
By Distribution Channel
The mattresses market in terms of distribution channels is bifurcated into Online and Offline. In 2020, the offline distribution channel accounted for a sizable portion of the mattress industry due to the convenience of in-store mattress testing for customers. Additionally, people favor speedy delivery over online platforms, thus they typically purchase these things from physical storefronts.
Key Players
Some major key players in the Mattresses Market are:
Leggett & Platt Incorporated
Southerland Sleep
Spring Air International
Kingsdown Inc.
Serta Simmons Bedding LLC
Paramount Bed Co. Ltd.
Simmons Bedding Company
Sleep Number Corporation
Others
Regional Analysis
The Mattresses Market based on the regional analysis is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific has a significant market share due to its thriving tourism industry and growing population. The demand for consumer goods—including mattresses—increases together with the population growth. The hospitality sector is growing with the tourism sector, which has a favorable impact on the mattress market.
Future Projections
Over the forthcoming years, the Mattresses Market will rise rapidly due to the high usage of mattresses for orthopedic issues during the forecasted period of 2027. Furthermore, the global mattress market growth is driven by the expanding housing constructions paired with increasing consumer spending on home furnishings and bedding products, which will boost the market.
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Global Mattress Market: Ken Research
Related Reports:-
Global Mattress Market Outlook 2019-2024
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