The Mattress Market in Oman saw a steady growth in the period of 2017-2022, as there is an increase in disposable incomes and a rise in awareness about healthy lifestyles supported the market in recent years. COVID 19 pandemic also fueled the demand for the Oman Mattress Market.
Oman Mattress Market Overview: The Oman Mattress Market is currently at the growth stage owing to the increasing disposable income, increasing urbanization and a rise in awareness about healthy lifestyles. The market is moderately consolidated with some key players owning the majority of the market. In 2022, the amount of mattresses imported into Oman fell rapidly as compared to 2020. The United Arab Emirates, Saudi Arabia and Qatar were the main destinations of mattress exports from Oman, together accounting for a majority of total exports. The increase in accommodation facilities and the hospitality sector, as well as infrastructural development, are expected to drive the Oman Mattress Market.
Impact of Covid-19 on Oman Mattress Market: The COVID-19 pandemic positively impacted the Oman Mattress Market. Even though the pandemic caused a huge fall in international tourist arrivals and caused the halt in the tourism industry impacted hotels in 2020, the number of people confined to their homes had increased for an extended period which increased the demand for mattresses. People started from home and spending more time at home, and had to upgrade their sleeping arrangements; resulting in the growth of the Oman Mattress Market.
Innerspring Mattress dominates the Oman Mattress Market: Inner Spring Mattress accounted for the largest share of Oman Mattress Industry in 2021. This is because of its popularity among people due to its long-lasting nature. This is a result of its sound construction, which was made to provide the same level of comfort for many years. They are separated by a wide distance, which makes ventilation simple. This facilitates better sleep and prevents body heat build-up. Rising awareness about healthy lifestyle and increasing cases of lower back problems are helping the market grow, as these springs-made mattresses provide excellent comfort to the lower back problems.
Analysts at Ken Research in their latest publication “Oman Mattress Market Outlook to 2027F – By Product Type (Innerspring Mattresses, Memory Foam Mattresses, Latex, Alternating Pressure, Gel and Hybrid), By Size (Single, Double, Queen-size and King-size), By End User (Residential and Commercial)” observed that Oman Mattress Market showcased considerable growth in the last five years. In the upcoming years, it is predicted to expand more rapidly due to increasing disposable income, increasing urbanization and a rise in awareness about healthy lifestyles. The Mattress Market in Oman is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.
Key Segments Covered in the report:-
Innerspring
Memory Foam
Latex
Alternating Pressure
Gel
Hybrid
By Size
Single
Double
Queen-size
King-size
By End User
Household
Healthcare
Hospitality
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By Distribution Channel
Specialty Stores
Furniture Retailers
Owned Franchise Stores
Online
Others
Key Target Audience
Government Bodies and Regulatory Authority
Fintech Companies
Investors and Financiers
Venture Capitalist
New Market Entrants
Mattress Manufacturers
Commercial Users
Time Period Captured in the Report:-
Historical Period: 2017-2022P
Base Period: 2022P
Forecast Period: 2022P-2027F
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Companies Covered:-
IKEA
Sleep Ezze
Raha
Al Hosni Group International
JLH Mattress
Medical Mattress World
Amazon
Flipkart
Walmart
Key Topics Covered in the Report:-
Oman Mattress Market Overview
Oman Mattress Market Segmentation
Ecosystem of Oman Mattress Market
Market Share of Major Players in Oman Mattress Market
Industry Analysis of Oman Mattress Market
Value Chain of Mattress Market in Oman
Key Growth Drivers of Oman Mattress Market
End User Analysis of Oman Mattress Market
Key Challenges of Oman Mattress Market
SWOT Analysis of Oman Mattress Industry
Future Outlook of Oman Mattress Market
Trends and Development of Oman Mattress Market
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