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Mattress Market: Growing Population Is a Major Driver for Increasing Need of Consumer Products Such as Mattresses and its Players Include Spring Air International, Kingsdown Canada, Sleep Number Corporation, Sleep Number Corporation & McRoskey Mattress Co
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Based on product, the market has been categorized into innerspring, memory foam, latex and others, wherein ‘others’ include hybrid, gel-type, water-type, air-type mattresses. The innerspring mattress is the most popular mattress type globally, accounting for over 33% of volume sales in the mattress market.
Furthermore, with growing awareness among consumers regarding health, mattresses such as memory foam, which conforms to the user’s body and helps in relieving body stress and muscle pains, the demand for memory foam mattress is expected to grow significantly, during the forecast period.
On the other hand, their Asian counterparts are increasing their mattress budget to use technologically advanced mattresses, as compared to traditional cotton-filler mattresses. These factors are posing lucrative opportunities for market players in mattress market.
During the forecast period, the mattress market is projected to record the fastest growth in Europe. The growth can be accounted to increasing purchasing power of people leading to increasing spend on home furnishing.
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Some of the key players operating in the mattress market are Spring Air International, Kingsdown Inc, Sleep Number Corporation, Simmons Bedding Company LLC, Tempur Sealy International Inc, Serta Inc, Relyon Limited, Southerland Inc, Corsicana Mattress Company, and McRoskey Mattress Company.
Global Mattress Market Segmentation
Market Segmentation by Product
• Innerspring
• Memory foam
• Latex
• Others (includes gel, hybrid, air and water)
Market Segmentation by Size
• Single size mattress
• Double size mattress
• Queen size mattress
• King size mattress
By End Use
• Residential
• Commercial
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