Global Mattress Market Investigation and Growth Forecasted Until the End of 2024

In order to study the various trends and patterns prevailing in the overall market for “Mattress”, Market Research Reports Search Engine (MRRSE) has included a new report titled “Mattress Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

Sample Report with TOC available at @ https://www.mrrse.com/sample/2013

The global mattress market is envisaged to be moderately consolidated in the upcoming years, as per a recent publication by MRRSE. Simmons Bedding Company LLC, Serta Inc., and Sealy Corporation are the top three names in the global mattress market that collectively held more than 50% of the market in 2015. These companies in commanding position could also be steering development trends in the overall mattress market.

As per estimates presented by MRRSE, the global mattress market will rise at a CAGR of 6.5% for the forecast period between 2017 and 2024 to reach a valuation of US$43.43 bn by the end of 2024. The market was evaluated to be worth US$27.87 bn in 2017.

The innerspring mattress product type held the leading share in 2015, and going forward the segment is expected to progress at a significant CAGR between 2017 and 2024. Asia Pacific is expected to hold promise for the global mattress industry with the region accounting for more than 38.0% share in 2015.

Revival of Global Economy Boosts Sale of Mattresses

The global mattress market is expected to be driven by a number of factors in the coming years. Increasing home refurbishment pursuits and increasing number of home ownership are driving sales of mattresses. The revival of the economy in countries of Europe and North America post the economic slump of 2008 is witnessing upward trend for sale of new homes. All these factors are expected to lay a strong foundation for the growth of the global mattress market.

Economic development in several countries of Asia Pacific, Africa, and Latin America have upped domestic and commercial construction over the past few years. This is expected to boost the demand for mattress for residential and commercial spaces. Moreover, rising disposable incomes has been a key factor for spending on premium mattresses that offer excellent comfort and sound sleep. Aggressive migration from rural to urban areas in these countries for work opportunities is fuelling the demand for mattress.

The growth of the hospitality industry across the world is also having a positive bearing on the global mattress market. Some of the large hotel chains in the world display demand for made to order mattresses that are high in comfort and offer sound sleep.

This, along with the availability of a wide range of products in terms of style, size, thickness, firmness is helping the global mattress market tread a growth path.

In this report, detail analysis of major driving factors along with key restraints and opportunities (DROs) of the mattress market are covered. The research study analyzed the ongoing market trends and provides details forecast for the period from 2016 to 2024. Furthermore, each region is segregated into major country to highlight the respective market share of mattress in each country. The study covers all major developed as well as developing countries globally. The size and forecast for these markets for the period from 2016 to 2024 has been provided in the report. Under the scope of the report, the market attractiveness analysis highlights the key investing areas in this industry that would help the major market players to formulate their business decisions accordingly.

The report also provides the company market share analysis of key players operating in the mattress industry. Some of the key players in this market include Tempur-Pedic International, Inc., Simmons Bedding Company LLC, Serta, Inc., Spring Air Company, Select Comfort, Southerland Bedding Co., Sealy Corporation, Kingsdown, Inc. and King Koil, Inc., Zhejiang Huaweimei Group Co. Ltd., Silentnight Group, Relyon Limited among others.

Complete Report with Tables and Figures available at @ https://www.mrrse.com/mattress-market

The scope of the study presents a comprehensive evaluation of the stakeholder strategies and winning imperatives for them by segmenting the global mattress market as below:

Global Mattress Market, Product Analysis

Memory Foam
Hybrid
Innerspring
Latex Mattresses

Others (gel filled mattress, water bed mattress, and air filled mattress etc.)

Global Mattress Market, Product Analysis

Twin or Single Size Mattress
Twin XL Size Mattress
Full or Double Size Mattress
Queen Size Mattress
King Size Mattress

Others (California king or king long size mattress and grand size mattress or super king size mattress, athletic king size mattress)

About MRRSE

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us

State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com

This release was published on openPR.