openPR Logo
Press release

Mattress Market Expected to Reach $64,045.5 Miillion, Globally, by 2030 | American Sleep Association, European Bedding Industries Association, European Commission, Home Furnishing Association

07-22-2021 06:35 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Mattress Market Trends and Future Demand 2021 to 2030

Mattress Market Trends and Future Demand 2021 to 2030

A number of factors, such as the surging disposable income and favorable government policies, rising standard of living, increasing population, growing tourism industry, surging concern regarding sound and healthy sleep, rising migration to urban areas, and increasing prevalence of back and spine problems across the globe, are expected to drive the growth of the mattress market at a CAGR of 7.0% during the foreseeable period (2021–2030). According to P&S Intelligence, the market generated $32,875.3 million revenue in 2020, and it is expected to reach $64,045.5 million by 2030.

Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/mattress-market/report-sample

One of the prime factors aiding the mattress market growth is the surging disposable income and favorable government policies for the real estate sector. For instance, as per the Organisation for Economic Co-operation and Development (OECD), the global disposable income increased at a growth rate of over 2% in 2019 from 2018. These factors are making housing affordable, which is increasing the home ownership rate, thus driving the demand for mattresses. Moreover, the rising disposable income boosts the tourism sector, thereby positively impacting the market growth.

The product segment of the mattress market is categorized into innerspring, latex, memory foam, and others. Among these, the memory foam category accounted for the largest market share in 2020. This is ascribed to the high usage of this type of mattresses by individuals suffering from orthopedic problems, as these mattresses offer more comfort, more evenly distribute the body weight, and better support the body in response to pressure and heat as compared to other types. Moreover, they are used in the commercial sector owing to their low price and easy availability.

Geographically, the Asia-Pacific (APAC) mattress market generated the highest revenue in 2020, and it is also expected to witness the same trend during the forecast period. This is attributed to the growing tourism industry, surging per capita disposable income in developing countries, increasing population of China, India, and Indonesia, improving standards of living of the middle-class population, and rising purchasing power of people. In addition, with the awareness on sound and healthy sleep rising, people are replacing their mattresses more often than before.

Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/send-enquiry?enquiry-url=mattress-market

Thus, the rising disposable income, favorable government policies, and increasing migration to urban areas are expected to boost the market growth during the forecast period.

The research offers market size of the Global Mattress Market for the period 2014–2030.

Market Segmentation by Product

Innerspring
Memory Foam
Latex
Others (Gel, Hybrid, Air, and Water)
Market Segmentation by Size

Single
Double
Queen
King
Market Segmentation by Distribution Channel

Online
Offline
Market Segmentation by End Use

Residential
Commercial
Hotel
Hospital
Others
Market Segmentation by Region

North America Mattress Market
By Product
By size
By distribution channel
By end use
By type
By country – U.S. and Canada
Europe Mattress Market
By product
By size
By distribution channel
By end use
By type
By country – U.K., Germany, France, Italy, Spain, and Rest of Europe
Asia-Pacific (APAC) Mattress Market
By product
By size
By distribution channel
By end use
By type
By country – China, India, Japan, Australia, and Rest of APAC
Latin America (LATAM) Mattress Market
By product
By size
By distribution channel
By end use
By type
By country – Brazil, Mexico, and Rest of LATAM
Middle East and Africa (MEA) Mattress Market
By product
By size
By distribution channel
By end use
By type
By country – U.A.E., Saudi Arabia, South Africa, and Rest of MEA

This study covers

Historical and the present size of the Mattress Market
Future potential of the market through its forecast for the period 2020– 2030
Historical and the present size of the market segments and understand their comparative future potential
Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders
Major players operating in the market and their service offerings

P&S Intelligence
Contact: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Follow us on LinkedIn: https://www.linkedin.com/company/pnsintelligence/

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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 Expected to Reach $64,045.5 Miillion, Globally, by 2030 | American Sleep Association, European Bedding Industries Association, European Commission, Home Furnishing Association here

News-ID: 2334315 • Views: 265

More Releases from P&S Intelligence

Australia E-Commerce in Automotive Aftermarket To Generate USD 3,822.2 Million b …
The Australia e-commerce in automotive aftermarket was worth around USD 1,503.5 million in 2022, and it will grow at a CAGR of 12.2% from 2022 to 2030, to touch USD 3,822.2 million by 2030, as per P&S Intelligence. This is due to the booming automotive aftermarket, escalating count of DIY customers, and convenience offered by online shopping platforms. Third-Party Retailers Account for Higher Product Sales The category of third-party retailers accounts for
North America Electric Scooters and Motorcycles Market Will Reach USD 2,348 Mill …
The North American electric scooters and motorcycles market was valued at USD 620 million in 2022, and this number is expected to reach USD 2,348 million by 2030, advancing at a CAGR of 18.10% during 2022-2030, according to P&S Intelligence. This development can be ascribed to supportive government initiatives, from both federal and state levels. To encourage the acceptance of electric vehicles, the government is offering tax rebates and subsidies
Exploring the Growth of the Hybrid Electric Car Market
Before we move to the various advantages of hybrid electric cars, let's first understand their mechanism. A hybrid vehicle comprises both the internal combustion engine and electric motor. The batteries provide power to the motor, facilitating the rotation of the wheels either on their own or by supplementing the engine while accelerating. To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/hybrid-electric-car-market/report-sample Why Is It Hybrid before Electric? Since hybrid electric cars are a
Autonomous Mobile Robots Market To Reach USD 10,979 Million by 2030
The total size of the autonomous mobile robots market was USD 3,148 million in 2022, and it will reach a value of USD 10,979 million by 2030, advancing at rate 16.90% in the years to come, as per a report by a market research company, P&S Intelligence. The logistics category had the largest share of revenue, of about 29% in the past. These robots are chiefly installed for transportation of goods

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 Market Accruals of Tremendous Growth By 2024: Kingsdown, Inc., Sleep Nu …
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
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