openPR Logo
Press release

Mattress Market is Estimated to Reach a Valuation US$ 39 Bn by 2031

Global sales of mattresses are set to increase at a CAGR of around 7% and reach a market valuation of around US$ 39 Bn by 2031, mostly driven by increased of variety of offerings in mattresses.

The expanding hospitality and healthcare sectors are looking to increase their business by providing end users with improved facilities and services. Thus, demand for mattresses from these sectors is likely to open up new growth opportunities for market players. Furthermore, increasing number of luxury hotels, healthcare centers, and other facilities that provide hospitality services is boosting sales of mattresses. Hotels are likely to account for a sizable portion of worldwide mattress sales, as hotel mattresses are changed more frequently than those used at home.

Request For Report Sample - https://www.persistencemarketresearch.com/samples/31046

King Koil, for example, specializes in providing mattresses to high-end hotels such as the Hyatt Regency, JW Marriott, Le Meridien, and Westin Hotels & Resorts.
Furthermore, a large number of businesses are delivering mattresses to hotels on a contract basis at low prices, resulting in huge increase in volume sales.

Also, increased Internet penetration and promotional activities are factors raising customer knowledge of the importance of using a comfortable and high-quality mattress to maintain a healthy lifestyle. This is causing a shift in customer behavior when it comes to mattresses, resulting in a huge increase in mattress sales.

In addition, manufacturers are concentrating on developing mattresses with superior cooling technologies.

Serta Inc., for example, debuted the iComfort hybrid mattress in 2018, which featured a new coil support system and TempActiv cooling technology. Copper cures pain, raises overall energy level, and has other benefits.

Key Takeaways from Market Study:

Innerspring mattresses are expected to contribute significantly to global market growth. Product-related features such as lightweight and capability to provide ultimate body support have boosted their popularity among customers.
Queen size mattresses are predicted to hold the biggest market share due to their increasing popularity.
East Asia is expected to hold a notable share in the global mattress market due to the presence of a large number of households and significant number of mattress manufacturers across the region.
"Manufacturers of mattresses can gain substantial profits in South Asia and East Asia by offering innovative mattresses at economic prices to the low- and middle-income demographic in these regions," says an analyst at Persistence Market Research.

Request For Report Customization - https://www.persistencemarketresearch.com/request-customization/31046

Key Market Players:

The report underlines ground-breaking insights into the competitive scenario of the mattress market, along with the highlights of differential strategies used by manufacturers.

Some of the key players identified across the value chain include Spring Air International, King koil, paramount Bed Co. Ltd., Relyon Beds, Casper, Simba Sleep limited, Dormeo UK Limited, Dreams Ltd., Kurl-on, Jinboama Furniture Manufacturers, Ministery of Sleep, Duroflex, Pvt. Ltd., M.H. Polymers Pvt Ltd., Talalay Global, Latex Global, and Sheela Foam Limited, among others.

Know More about Report Inclusions:

Persistence Market Research published a new market report on the neck and shoulder massager market, covering global industry analysis of 2016-2020 and forecasts for 2021 to 2031. This research report provides compelling insights on the basis of product, size and sales channel, across all major regions of the world.

For in-depth competitive analysis, buy now - https://www.persistencemarketresearch.com/checkout/31046

The report also includes forecast factors and vital macroeconomic factors that are anticipated to boost the growth of the global market. It also addresses the restraints that are projected to hinder market growth, along with the latest trends and potential opportunities in the market.

Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

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 is Estimated to Reach a Valuation US$ 39 Bn by 2031 here

News-ID: 2686658 • Views:

More Releases from Persistence Market Research

North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
North America Wiring Devices Market Projected to Reach USD 26.46 Billion by 2031
Overview of the North America Wiring Devices Market The North America wiring devices market is poised for steady growth over the forecast period, with its size estimated at US$ 18.96 billion in 2024, projected to reach US$ 26.46 billion by 2031, reflecting a CAGR of 4.9%. The market is witnessing substantial expansion due to increasing urbanization, a rising number of residential and commercial construction projects, and the adoption of energy-efficient and
Global Forged Automotive Components Market Poised for Steady Growth, Projected to Reach US$ 70.7 Billion by 2032
Global Forged Automotive Components Market Poised for Steady Growth, Projected t …
The global forged automotive components market is on a robust growth trajectory, currently valued at approximately US$ 50.3 billion in 2025 and forecasted to expand to US$ 70.7 billion by the end of 2032. This growth represents a compound annual growth rate (CAGR) of 5.0% over the coming decade, driven by increasing automotive production, technological advancements, and evolving consumer preferences toward durable, high-performance vehicle parts. Forged automotive components are critical to
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ 2.14 Billion by 2032, Reports Persistence Market Research
Global Electric Cargo Bike Market Set to Accelerate at 11.9% CAGR, Reaching US$ …
The global electric cargo bike market is set to experience substantial growth over the coming decade, with Persistence Market Research (PMR) forecasting a compound annual growth rate (CAGR) of 11.9% from 2023 through 2032. Valued at approximately US$ 800 million in 2021, the market is expected to surge to a projected valuation of US$ 2.14 billion by the end of 2032. Notably, electric cargo bikes accounted for 66.2% of the
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Driven by Urbanization and Demographic Trends
Bicycle Bearings Market Set for Steady Growth with 6.5% CAGR Through 2032, Drive …
The global bicycle bearings market is poised for significant expansion over the forecast period of 2025 to 2032, according to the latest report released by Persistence Market Research. Valued at approximately US$ 5.99 billion in 2024, the market is projected to reach US$ 6.35 billion by 2025 and further escalate to nearly US$ 9.86 billion by 2032. This growth trajectory reflects a compound annual growth rate (CAGR) of 6.5%, underscoring

All 5 Releases


More Releases for Asia

Asia Private Equity Firm, Asia Private Equity Management, Asia Private Equity Se …
The private equity market in China has been rapidly growing in recent years. Private equity (PE) refers to the purchase of shares in a company that are not publicly traded on a stock exchange. PE firms typically target companies that are undervalued or in need of capital for growth, and aim to improve the company's operations and financial performance before selling it at a higher value. https://boomingfaucet.com/ Asia Private Equity Consulting E-mail:nolan@pandacuads.com In China,
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022. 23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019". The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia Equipping Asia’s navies with the latest diving technology for asymmetric warfare and operations SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients. Asked to comment on the move, Luke Palmer, the