openPR Logo
Press release

Mattress Market Accruals of Tremendous Growth By 2024: Kingsdown, Inc., Sleep Number Corporation, Corsicana Mattress Company, Pleasant Mattress

07-25-2019 05:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Mattress Market Research Report

Mattress Market Research Report

The global mattress market is estimated to be valued at USD 49,498.8 million by 2024 and is expected to register a CAGR of 7.21% during the forecast period.

The innerspring segment dominated the Global Mattress Market, by type, and is projected to reach usd 18,308.3 million by 2024. This can be attributed to the high sales of innerspring mattresses due to their affordability and comfort. However, the hybrid segment is projected to be the fastest-growing during the forecast period.

Get a Free Sample Report Copy @ https://www.marketresearchfuture.com/sample_request/7706

North America dominated the market, accounting for the largest share of the market in 2017, and the regional market is expected to register a CAGR of 6.50% during the review period. The market in Asia-Pacific was the second-largest in 2017. It is projected to reach USD 15,557.5 million by the end of 2024, with China being the leading market.

Leading Key Players:

Market Research Future (MRFR) recognizes Kingsdown, Inc. (US), Sleep Number Corporation (US), Serta Simmons Bedding, LLC (US), Tempur Sealy International, Inc. (US), Relyon Ltd (UK), Southerland, Inc. (US), Corsicana Mattress Company (US), and Pleasant Mattress, Inc. (US) as the key players in the global mattress market.

Segment Analysis

The global mattress market has been segmented on the basis of type, end user, and region. On the basis of type, the market has been divided into memory foam, hybrid, innerspring, latex, gel-filled, and others. The innerspring segment held the majority market share in 2017. However, the hybrid segment is projected to be the fastest-growing, followed by the gel-filled mattress segment. Optimal pressure relief, healthy weight distribution, temperature regulation, high durability, and suitability to all sleep positions are some of the features boosting the popularity of gel-filled mattresses around the world.

On the basis of end user, the market has been divided into residential and commercial. The residential segment accounted for the larger market share in 2017. The demand for mattresses in residential applications is increasing significantly due to the growing population and increasing number of households in emerging economies. However, the growing number of hotels, motels, five-star resorts, hospitals, schools, and commercial facilities is directly influencing the demand for mattresses for commercial use across the globe. Commercial-use mattresses are offered in custom sizes and sold in bulk.

View Full Research Reports@ https://www.marketresearchfuture.com/reports/mattress-market-7706

Regional Analysis

Geographically, the global mattress market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. As per MRFR analysis, North America was the largest market for mattresses in 2017 and is expected to remain dominant during the review period. Asia-Pacific accounted for a significant market share in 2017 and is projected to be the second-largest market during the forecast period. The rising demand for hybrid and gel-filled mattresses is a key trend gaining traction in the US mattress market. The US accounted for the largest share of 69.97% of the North American market in 2017 and the country-level market is projected to register a CAGR of 6.32% during the forecast period.

Key Findings of the Study

The global mattress market is projected to reach USD 49,498.8 million by 2024 at a 21% CAGR during the review period of 2018 to 2024.
North America accounted for the largest market share with the US being the major contributor to the growth of the market.

The hybrid type segment is projected to register the highest CAGR of 7.74% during the forecast period.
Key manufacturers are adopting geographic expansion, corporate acquisitions, and product launches as growth strategies. Moreover, they are focusing on improved material use and online retail channels.

Related Reports

Global Hospital Beds Market: Information by Type (Acute Care, Long-Term Care, Psychiatric & Bariatric Care, Others), Power (Electric, Semi-Electric, Manual), End User (Hospital, Clinics, Ambulatory), & Region—Forecast till 2023 https://www.marketresearchfuture.com/reports/hospital-bed-market-898

Global Pillow Market: Information by Material (100% Cotton, 100% Bamboo Fiber, 100% Silk, 100% Polyester), Filling Material (Memory Foam, Hollow Fiber, Latex, Microfiber), Shape (Square, U-Shape, Rectangle, Wave, Round, Convex), Feature (Therapy, Cooling, Anit-Static, Anti-Bacteria), Application (Decorative, Sleeping, Bedding, Travel, Massage), & Region—Forecast till 2023 https://www.marketresearchfuture.com/reports/pillow-market-2766

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Mattress Market Accruals of Tremendous Growth By 2024: Kingsdown, Inc., Sleep Number Corporation, Corsicana Mattress Company, Pleasant Mattress here

News-ID: 1811733 • Views: 818

More Releases from Market Research Future

CAS9 technology Market Projected to Hit USD 6.72 Billion at a 11.30% CAGR by 203 …
Market overview: The overall CAS9 technology industry is expected to grow over the future years because of its significant economic nature and expanding use opportunities. During 2018- 2030, the industry is anticipated to develop at a compound yearly rate of economic development of 11.30 %. Genetic engineering has advanced with the advent of genomics and genetic manipulation using designed nucleases. As a method for genomics, the CAS9 technique is swiftly gaining
Cloud Billing Market Projected to Hit USD 13.23 Billion at a 16.40% CAGR by 2030 …
Market Overview: The value of the Cloud Billing Market is anticipated to be USD 13.23 billion by the year 2030, growing at a CAGR of 16.40% during the period of forecasting from 2020 to 2030. Cloud billing creates invoices using valuable informational data following previously established billing standards. A cloud-based billing feature serves as a conduit for generating consumption invoices. There will be growth in the cloud billing market in the next
Thermal Paper Market Size 2021: Industry Analysis, Share, Segmentation, Price Tr …
Overview The thermal paper market is anticipated to grow rapidly at a CAGR of 4.87% during the forecast period. The global thermal paper market is driven by increased demand for thermal paper for POS application. These factors have helped shape the thermal paper market and are expected to boost the growth. Companies in the thermal paper market could also face challenges such as increasing demand for paperless billing and volatility in
Dry Bulk Shipping Market 2022 , Share, Size, Growth, Top Manufacturers, Segmenta …
Market Overview Market research indicates that the global market of Dry Bulk Shipping Market Revenue is going to reach up to USD 5,400 Million (approx) within the forecast period 2022-2030 with a CAGR of 4%. Get sample copy of report at: https://www.marketresearchfuture.com/sample_request/8308 Dry Bulk Shipping is the transportation of bulk commodities such as grains, iron ore, coal, lumber, sand, gravel, steel products like rods, plates, coils, and others using vessels. According to

All 5 Releases


More Releases for Mattress

Mattress Market
New York, Global Mattress Market report from Global Insight Services is the single authoritative source of intelligence on Mattress Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types,
Mattress Topper Market Highlights On Evolution 2030 | Avocado Mattress, LLC.
Global Mattress Topper Market: Overview The bizarre intricacies of the COVID-19 epidemic have left people all around the world befuddled, forcing them to explore unfamiliar grounds. This has forced people to take their health and wellbeing more into consideration. Mattress topper manufacturers seize this chance to enhance the supply of matron toppers on campuses since more institutions are being reopened in 2021. These factors are projected to play important role in
Mattress Shop Sydney – What to Consider When Buying a Mattress
Mattress shop Sydney has the best tips for your short-term and long-term health. It all depends on the good rest and the sufficient sleep we get at night. What is important and crucial when buying a mattress is to fit the contours of your body and to meet your sleeping needs. However, the final decision should take into account the budget we can afford, as well as the preferences of the
Mattress Shop Sydney: The Importance of the Right Bed Mattress
Mattress shop Sydney emphasizes the importance of the right bed mattress for every person. The right mattress means providing a quality sleep, awakening fresh and rested. A normal person needs an average of 8 hours of sleep during the night. But sometimes it happens to wake up more tired in the morning than the previous day. This can be associated with the stressful life and increased obligations. But maybe you need
Mattress Market, Mattress Market Trends, Mattress Market Growth, Mattress Market …
Market Research Reports Search Engine (MRRSE) has recently publicized a new study to its vast repository, which is titled as “Global Mattress Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024”. In this report, the Global Mattress Market is valued at USD 24.70 billion in 2015 and is expected to reach USD 43.43 billion by the end of 2024, growing at a CAGR of 6.5% between
Finding the Perfect Mattress for your Child – Mattress Factory Sydney
Every parent wants his child to have a quality dream. Sleeping is extremely important, especially if you have a baby or a toddler. Mattress factory Sydney points what it takes to find the perfect mattress for your child. Sleeping needs are changing as your child grows. If he is between 18 months and 3 years – it's a perfect time to move him from a cot to a bed. In the