Profitable Insights of The Middle East Mattress Market Outlook: Ken Research

Mattress Market: - Among the various regions of the Middle East, the market of the mattress observed a decline in the growth rate during the review period. Owing to the economic slowdown as well as slow growth in the personal disposable income in the respective regions of the Middle East decrease the growth of the mattress market. Nonetheless, tough fiscal surroundings have been the major limitation with the unresponsive oil prices leading to the leisurely growth. The efficient increase in the accommodation facilities owing to the effective increase in tourism was one of the foremost increasing trends in the respective regions of Saudi Arabia. As the infrastructure and the property improvement involving hospitals, houses, and hotels being underwritten augmented, the effective need for the mattresses has progressively grown. The growing inhabitants and their inclination towards the urbanization and modernization were also proved as the aspects that were propelling the growth in the Middle East mattress market. The number of households has increased effectively during the recent past.

On the basis of size mattresses, the King size mattress sector was witnessed to register the Middle East Saudi Arabia mattress market during the recent past years driven owing to the broader family size requirement. The Kingsize mattresses are well equipped in the master bedrooms which are greatly found in the hotels and luxury bedrooms. The increase in the domestic and international tourists in the region has led to growth in requirements for the hotel rooms leading to a greater requirement for the mattresses in the region. The left out market share was cooperatively dominated by the queen size and single mattress sectors in the recent past years.

By the type, the spring mattress was positively witnessed as the effective popular variety of the mattress. Under the spring classification, the pocket spring variety was the foremost selling variety in the region. Such mattresses are accessible in the variation of sizes, grouping from the single size to the California king size. The growing consciousness among the people related to the role of a mattress in managing proper health and for a better sleep also increases the sales of a spring mattress. The left out market share was attained by the foam and latex and several other mattress sectors in several regions of the Middle East during the recent past years.

Additionally, the organized market in Saudi Arabia characterizes the prevalent mattress producers majorly functioning in the urban locations that allocate their items through the structured allocation channel. The players in the organized market are notorious for introducing great quality mattresses by utilizing the spring, premium foam combinations, foam, and several other materials. The producers of the mattress namely Kingcoil, Sleephigh, Serta, Raha, and Sealy, AI Rajhi, Intercol, and several other small corporates come under the organized market.

Proposed in the key sectors such as residential housing and institutional segment involving hotels, hospitals and college hostels, growth in the customer expenditure, augment in the hotel rooms and the improvement of the hospitality segment, the Middle East mattress market will prepare itself to meet the future requirement predicted from the substantial investment. Therefore, in the near years, it is anticipated that the market of the Middle East will increase more positively over the coming years.

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Australia Mattress Market Outlook to 2023

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Ken Research

Ankur Gupta, Head Marketing & Communications

Ankur@kenresearch.com

+91-9015378249

Developing Trends In The Mattress Market Outlook: Ken Research

Mattress Market: - The mattress market was positively witnessed to gain maturity with the mainstream of the mattress requirement originating from the home-users, and non-residential segment involving hospitals, hotels, college hostels, and several other institutional building across the globe. The growing existence of the local and international mattress producers have created it difficult for fresh players to welcome the market. The mattress market revenue and sales volume were effectively monitored to increase during the forecast duration. However, the hospitality segment has been pretentious by the lengthen drought condition which beleaguered three provinces of South Africa. The growth in the number of households and the effective augment in the nuclear families have mainstream fueled by the requirement for the mattresses in the region on the back of progressively sleeping health awareness by the populace.

Although, based on the size of mattresses, the King size, and super king mattress sector was witnessed to dominate the market during the recent past years on the back of wide physique and upright height of the male populace. The continuing market share was cooperatively attributed by the queen size, double size, and the single ad three quarter mattress sectors during the recent last years. Furthermore, on the basis of the type of mattresses, the spring mattress was witnessed as the foremost widespread variety of the mattress and under the spring variety, the pocket spring variety was the most promoting variety of the respective region. The enduring market share was attributed by the foam and latex and several other sectors in several regions of the globe during the recent past.

However, the Gauteng, which is the principle overcrowded province within South Africa, was witnessed to attribute the wildest market share in terms of sales volume during the recent past years. In addition, retail sales channels registered for the majority of the sales capacity while directing the sales channel had a restricted share in the worldwide market during the recent past. The retail sales in enormously directed towards the home users in the respective regions whereas, the direct sales are directed towards the hospitals and hotels and several other foremost institutions

Nonetheless, in South Africa, the organized market demonstrates the common mattress producers majorly functioning in the urban locations of the region that allocate their items with the structured distribution channel. The organized market corporates are well known for introducing the effective superiority mattress by utilizing the foam, spring, premium foam amalgamations, and several other quality materials. The Organized segment registered in the South Africa mattress market due to the effective existence of both the local and international companies. Meanwhile, the unorganized segment has restricted the penetration in the region’s mattress market during the recent past years.

In the mattress market, effective corporates are competing based on the price of mattress, advantages and product quality, product logistics functions, producing technology, producing abilities, product personalization and several others. Therefore, it is projected that the market of mattresses will increase across the globe more significantly over the coming years along with the increasing health concerns.

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Ken Research

Ankur Gupta, Head Marketing & Communications

Sales@kenresearch.com

+91-9015378249

Growing Demand For The Mattress Market Outlook: Ken Research

The mattress market across the globe was witnessed to obtain maturity along the mainstream of the mattress requirement originating from the home-users and the non-residential segment involving hospitals, hotels, college hostels and several other institutional building in the respective region. Whereas, the mattress market in Thailand was witnessed in its growth stage. The region has high-quality natural resources and has significantly invested in the entire market. Thailand’s both residential segment involving the requirement for the home-users and the non-residential segment involving hotels, college hostels, hospitals, and several other institutional buildings have more effective underwritten towards the requirement for the mattresses in Thailand. In addition, the growing existence of both the international, as well as domestic players coupled with the advancing technology and the innovation in the area has generated a positive impression on the industry revenue and sales volume. The Mattress Market Research Reports across the globe was observed to increase over the review duration on account of the growing number of households, the effective increase in the disposable income and hotel room.

Not only has this, the growth drivers namely hospitality, tourist arrivals, and the healthcare industry also had an efficient impression on the market. Furthermore, the market of mattress is sectored into size, type, region, and distribution channel and market structure.

Whereas, based on the size, the market is further sectored into a king-size, queen size, twin size, and single size. For instance, the Latex and King Size Mattress Market were witnessed to account the mattress market in the recent past years in terms of sales volume. While the individuals in Thailand majorly choose the king-size mattresses as they are superior in terms of chunkiness and are the supreme choice which is commonly a commended the size for 2 adults. The amount difference between the king size and queen size beds for some company brands was witnessed to be moderately less as a consequence of which, Thai consumers are enthusiastic to employ a bit more for additional space. The Non-residential end-users such as hotels also choose the king-size beds. The Queen Size, twin size, and single size mattresses were significant witnessed to apprehension the lingering market in terms of volume during 2018.

Sideways, the sector of distribution channel involves retail sales channel within the respective region conquered the market in terms of sales volume while the direct sales channel had a restricted share in the overall market during the recent past years. The retail sales are effectively directed towards the residential home users whereas, the direct sales is focused towards the enterprise end-users such as hospitals and hotels and several other foremost institutions. Therefore, in the coming years, it is predicted that the market of mattress will increase around the globe over the reviewed period with the efficient amount of investment for making wide developments in the product.