According to the latest report by IMARC Group, titled “Mattress Market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global mattress market reached a strong growth in 2019. Mattresses are large pads that are utilized on top of beds to provide comfort, support the body and sustain the neutral position of the spine. They are generally made using cotton, straw, foam rubber and heavy cloth. Currently, they are available in gel, latex, airbed, waterbed, innerspring and memory foam variants across the globe.
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One of the major trends being witnessed in the market is the escalating demand for customized mattresses. This can be accredited to the inflating income levels and growing prevalence of back problems that are mainly caused by sleeping on uncomfortable surfaces. As a result, there is an increase in the adoption of airbeds, waterbeds and foam-based mattresses. Apart from this, the burgeoning real estate sector and the rising sales of home furnishing items like mattresses are also strengthening the market growth. Furthermore, leading vendors in the industry are focusing on introducing product innovations, such as customizable mattresses, for expanding their existing consumer base. They are also using natural and organic raw materials in the production of mattresses, owing to the growing environmental concerns. These factors are projected to bolster the market growth in the upcoming years. Looking forward, IMARC Group expects the market to exhibit a CAGR of around 6% during 2020-2025.
Market Breakup by Product
- Innerspring Mattresses
- Memory Foam Mattresses
- Market Forecast
- Others
Market Breakup by Distribution Channel
- Specialty Stores
- Furniture Retailers
- Department Stores
- Others
Market Breakup by Size
- Twin or Single Size
- Twin XL Size
- Full or Double Size
- Queen Size
- King Size Mattress
- Others
At this present, twin or single size hole the largest mattress market share.
Market Breakup by Application
- Domestic
- Commercial
Competitive Landscape with Key Players
- Kingsdown Inc
- Kurlon Enterprise Ltd.
- Leggett & Platt
- Paramount Bed Co. Ltd.
- Sealy Corporation
- Serta Inc.
- Simmons Bedding Company LLC
- Sleep Number
- Southerland Inc.
- Spring Air
- Tempur-Pedic
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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