Press release
Mattress Market Share, Latest Trends, Qualitative Analysis, Top Manufacturers, Key Regions by 2028 | Mattress Industry is expected to reach CAGR of 4.8% by 2021-2028
COVID-19 Impact:
Requisite for Hospital Beds to Elevate Market amid Coronavirus
The high demand for hospital beds due to the surging COVID-19 cases will boost this industry. For instance, in April 2020, Kingsdown announced to expand its operations in response to the escalating requirements for recovery beds due to the high number of COVID-19 cases. The company increased its Care Xpress program, through which it can provide medical-grade bedding products. Moreover, renowned companies' development of innovative products to curb the spread of coronavirus will incite the healthy growth of the market during the pandemic. For instance, in July 2020, Serta Simmons announced to develop a new antiviral bed material to help the fight against coronavirus.
Get Sample PDF Brochure:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/mattress-market-102108
Market Segments:
Spring/Coil Mattresses to Hold the Largest Share
Based on material, the market is divided into spring/coil, foam, latex, and others. Spring/Coil segment is expected to hold the largest share during the forecast period. They are preferred due to their inherent properties, such as better load-bearing capacity and easy adaptability to body postures.
Based on the size, the market is classified into queen, full, twin, and others. Queen-size is expected to hold a significant share during the forecast period.
Based on application, the market is classified into household and commercial. The higher consumption of bedding product in residencies will bolster the growth of the household segment.
Geographically, the market is classified into Asia Pacific, North America, Europe, South America, and the Middle East and Africa.
The report on the mattress market depicts:
Reliable insights on the latest key development
Pre-obtained data with superior analysis
Market Drivers and Restraints
Comprehensive information about prominent players
Browse Complete Report Summary:
https://www.fortunebusinessinsights.com/mattress-market-102108
Driving Factor:
Rising Popularity of Lavish Home Décors to Augment Growth
The growing demand for household and home furnishing products will encourage the market's growth during the forecast period. The increasing number of houses in developed and developing nations will contribute positively to market growth. As per the Housing Statistical Release of 4 July 2019, in England, completions of new houses totaled 169,770 till March Quarter 2019, which increased by 6% compared to the same period in the previous year. Furthermore, the increasing trend for luxurious home décor will enable speedy expansion of the market. Likewise, the growing demand for kids beds will uplift the mattress market share. For instance, Sleep Number’s SleepIQ Kids k2 bed is equipped with the DualAir adjustability and SleepIQ technology that allows the bed to adjust, thus allowing the child to sleep comfortably easily. These aforementioned factors are expected to support the growth of the market.
Regional Insights:
High Demand for Bedding Products to Push Growth in Asia Pacific
The market in Asia Pacific stood at USD 12.80 billion in 2020. The growing demand for bedding products in China, India, and Indonesia will foster growth in Asia Pacific. For instance, as stated by the Indian Sleep Products Federation’s Comfort Time Magazine issue of July 2019, China was one the topmost importer of mattresses in 2018 accounting for a share of 85.4%. The demand for bedding products can have an excellent effect on the mattress market in the region. The increasing number of residential buildings will consequently increase the growth of the market in Asia Pacific. North America is expected to expand radically during the forecast period. The demand for high-value and luxury products will spur opportunities for the market in the region.
Moreover, the surging tourism industry will have an incredible impact on the market in North America. The high demand for single-sized beds and mattresses will influence the healthy growth of the market. For instance, as per the U.S. International Trade Commission’s Publication 4842 of November 2018, in the U.S., the apparent consumption of bedding products in 2017 was 16.3% greater than in 2015.
Key Development:
January 2020: Serta Simmons, a leading producer of mattresses, launched a new product line for Gen Z and the Millennial population.
Ask For Customization:
https://www.fortunebusinessinsights.com/enquiry/customization/mattress-market-102108
The Report Lists the Key Companies in theMarket:
Serta Simmons Bedding, LLC (Georgia, U.S.)
Tempur-Sealy International, Inc. (Kentucky, U.S.)
Sleep Number Corporation (Minnesota, U.S.)
Paramount Bed Holdings Co., Ltd. (Tokyo, Japan)
Kingsdown Inc. (North Carolina, U.S.)
Grupo Pikolin (Zaragoza, Spain)
Sheela Foam (Uttar Pradesh, India)
King Koil Mattress Co. (Illinois, U.S.)
Greiner AG (Kremsmünster, Austria)
Suibao Group (Guangdong, China)
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
9th Floor, Icon Tower,
Baner - Mahalunge Road,
Baner, Pune-411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email:sales@fortunebusinessinsights.com
Fortune Business Insights™
Linkedin |Twitter |Blogs
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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 Share, Latest Trends, Qualitative Analysis, Top Manufacturers, Key Regions by 2028 | Mattress Industry is expected to reach CAGR of 4.8% by 2021-2028 here
News-ID: 2542855 • Views: …
More Releases from Fortune Business Insights
Future of Renewable Energy Market Insights: Growth Drivers, and Regional Develop …
Global Renewable Energy Market Overview
The global renewable energy market size was valued at USD 954 billion in 2023. The market is projected to grow from USD 1,020.94 billion in 2024 to USD 1,574.17 billion by 2032, exhibiting a CAGR of 5.56% during the forecast period. Asia Pacific dominated the renewable energy market with a market share of 67.76% in 2023. The Renewable energy market in the U.S. is projected to…
DC Drives Market Overview: Opportunities, Growth Drivers, and Key Applications
Market Overview
The global DC drives market size was valued at USD 4.34 billion in 2018 and is projected to reach USD 9.23 billion by 2032, exhibiting a CAGR of 5.59% during the forecast period of 2019-2032. Asia Pacific dominated the global market with a share of 28.8% in 2018. The DC drives market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.59 billion by…
Humanoid Robots Market: An In-depth B2B Analysis of Size, Share, and Future Grow …
Brief Market Overview:
The global humanoid robots market is rapidly transitioning from a nascent field into a major growth sector, with its value escalating from USD 2.43 billion in 2023 to a projected USD 66.0 billion by 2032, demonstrating a remarkable CAGR of 45.5%.
These complex machines, which merge mechanical, electrical, and software engineering, are moving beyond research labs into real-world applications across industrial, service, and household sectors. This explosive growth…
Methanol Market Poised for Remarkable Growth, set to Reach USD 46.32 billion by …
The global methanol market size was valued at USD 31.26 billion in 2023. It is projected to grow from USD 32.70 billion in 2024 to USD 46.32 billion by 2032, exhibiting a CAGR of 4.5% during the forecast period.
The global methanol market size is set to gain traction from the urgent need to lower environmental pollution caused by the surging usage of heavy fuels, such as diesel and gasoline. Pollution…
More Releases for Mattress
Mattress and Mattress Component Market: Trends, Drivers, and Outlook through
The global mattress and mattress component market has witnessed robust growth over the past decade, driven by rising disposable incomes, an expanding middle class in emerging economies, and an increasing consumer focus on sleep quality and overall health. As consumers become more aware of the importance of restorative sleep on physical and mental well being, demand for premium mattresses, advanced support systems, and specialized components has surged. Innovations in materials-ranging…
Melodreams Mattress
Melodreams: Redefining Sleep Comfort with Excellence in the Mattress Industry
Kanpur, India - Established on a foundation of innovation and quality, Melodreams is setting new standards in the mattress industry. As a proud part of a legacy operating since 1988, Melodreams brings a unique blend of expertise and customer-centric craftsmanship to enhance the art of restful sleep.
Driven by a commitment to spine and back health, Melodreams distinguishes…
DLX Mattress Unveils Next-Generation LatexLux Premier Hybrid Mattress
Innovative New Product Combines Premium Latex with Advanced Hybrid Design for Unparalleled Comfort, Support, and Customization
Jamestown, NY - August 9, 2024 - DLX Mattress (www.dlxmattress.com [http://www.dlxmattress.com/]), a leading name in the mattress industry, is proud to announce the launch of its latest innovation, the LatexLux Premier Hybrid Mattress. This cutting-edge mattress combines the finest natural latex with advanced hybrid technology to deliver an exceptional sleeping experience that caters to diverse…
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…
