Memory Foam Mattress & Memory Foam Pillow Market in US - More Sales Expected Through Retail | Arizton

The US memory foam mattress and pillow market is anticipated to generate revenues of more than $8 billion by 2023, growing at a CAGR of approximately 9% during 2017-2023.

Arizton’s recent market research report on the US mattress and memory foam pillow market identifies Serta Simmons Bedding, Sleep Number, and Tempur Sealy International as the leading vendors that are likely to dominate the market during the forecast period. This research report provides a detailed analysis of market segmentation by product (mattress (polyurethane foam mattress, gel-infused foam mattress, and plant-based foam mattress) and pillow), by end-users (residential and commercial users), and distribution (retail and online).

Order a report sample now: https://www.arizton.com/market-reports/us-memory-foam-mattress-and-pillow-market

Retail segment dominated the majority of the market share in 2017.

The retail segment is further categorized into:

Mattress specialty retailers
Furniture retailers
Departmental store
Others

The growing popularity of chain mattress stores such as Mattress Firm, Mattress1 One, Sleep Number, Sit’n Sleep, and America’s Mattress is contributing to the growing revenues in the retail segment in the US memory foam mattress and pillow market.

Companies such as Walmart, Costco, Tesco, Home Depot, and Target sell products at a single price point and are popular among consumers who prefer to purchase non-branded and low-priced products. The ease-of-accessibility and convenience offered by the online retail channels are attributing to the growth of the online channels in the US memory foam mattress and pillow market. Lucrative price points and exclusive discounts are the largest benefits offered by online retailers in the US market.

The online segment in the fastest growing segment and it accounted for over 1/3rd of the total market share in 2017. The development of e-commerce portals and online direct-to-consumer stores such as Amazon, eBay, Amerisleep, Casper, and Tuft & Needle is propelling the growth of this segment in the US market. The online retailers are leveraging social media to promote their products and reach a wider audience in the US mattress and memory foam pillow market. Many consumers are e-tailing services seek to buy mattresses online because of the ease-of-accessibility and convenience afforded by such channels.

For top trends and drivers boosting the market growth, market size forecast in terms of revenue and shipment, major vendor profile, business strategy, order a report here: https://www.arizton.com/market-reports/us-memory-foam-mattress-and-pillow-market

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