Mattress Market to Rise at 6.5% CAGR during Forecast Period: TMR Study

The latest research study released by Transparency Market Research on "𝐌𝐚𝐭𝐭𝐫𝐞𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐭𝐨 𝟐𝟎𝟐𝟐-𝟐𝟎𝟑𝟏 ″ research provides accurate economic, global, and country-level predictions and analyses. It provides a comprehensive perspective of the competitive market as well as an in-depth supply chain analysis to assist businesses in identifying major changes in industry practices. The market report also examines the current state of the Mattress industry, as well as predicted future growth, technological advancements, investment prospects, market economics, and financial data.

Mattress market is estimated to attain a valuation of US$ 68.5 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 6.5% during the forecast period, 2022-2031

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1727

The global mattress market is expected to grow at a substantial rate due to the rise in demand for comfortable and advanced mattresses across the globe. Increase in awareness about the quality of materials used in sleeping mattresses is encouraging market players to develop advanced mattresses. Manufacturers are using advanced technologies and better materials to provide an enhanced sleep experience to their customers. Rise in demand for organic and natural materials in mattresses has encouraged companies to focus on using natural materials for manufacturing mattresses. Additionally, companies must focus on leveraging online platforms to increase sales. This strategy is also likely to help them stay abreast with the ongoing trends in the market.

𝐇𝐢𝐠𝐡 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐓𝐰𝐢𝐧 & 𝐒𝐢𝐧𝐠𝐥𝐞 𝐒𝐢𝐳𝐞 𝐌𝐚𝐭𝐭𝐫𝐞𝐬𝐬𝐞𝐬 𝐭𝐨 𝐁𝐨𝐨𝐬𝐭 𝐌𝐚𝐫𝐤𝐞𝐭

In terms of size, the global mattress market is dominated by twin or single mattresses. Queen size beds are ideal for teenagers, young adults, and single individuals of any age. Rapid growth in the youth population across the globe is expected to fuel the demand for twin or single-size mattresses during the forecast period.

Individuals opting for better comfort and quality rest prefer queen size mattresses. Queen size is gaining popularity across the globe owing to its multiple benefits. Queen mattresses are mostly preferred by couples.

𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐛𝐞𝐟𝐨𝐫𝐞 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐞 - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=1727

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐨𝐟 𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐚𝐭𝐭𝐫𝐞𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

Countries with high population base and increase in spending capacity are key markets for mattresses. Asia Pacific, with two highly-populated countries: China and India, is the most lucrative region of the global mattress market.

Half of the world's population resides in Southeast Asia. Therefore, mattress manufacturers can concentrate on these regions to gain larger customer base. Improvement in standard of living, high purchasing capacity, and huge population base have boosted the demand for mattresses in the region. Rise in urbanization has further augmented the demand for foam mattresses. On the other hand, the U.S. mattress market is projected to grow owing to the high demand for air mattresses and spring mattresses in the country.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐨𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

The significant players operating in the global Mattress market are

Sleep Number Corporation, Simmons Bedding Company, Leggett & Platt Incorporated, Serta Simmons Bedding, LLC, Tempur Sealy International Inc., and King Koil.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 -

This report has explored the key segments: by Type and by Application. The lucrativeness and growth potential have been looked into by the industry experts in this report. This report also provides revenue forecast data by type and by application segments based on value for the period 2022-2031.

𝐇𝐚𝐯𝐞 𝐀𝐧𝐲 𝐐𝐮𝐞𝐫𝐲? 𝐀𝐬𝐤 𝐓𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=1727

𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐢𝐧 𝐆𝐥𝐨𝐛𝐚𝐥 𝐌𝐚𝐭𝐭𝐫𝐞𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭

In April 2022, Serta Simmons Bedding announced plans to open a new manufacturing facility in Janesville, Wisconsin, holding an area of about 500,000 square-foot for expansion of its Serta and Beautyrest brands. The manufacturing facility is scheduled to be inaugurated by 2023.

In August 2021, Tempur Sealy International, Inc. announced the acquisition of the U.K.-based Dreams, which specializes in the retailing sector of beds and mattresses. This has accelerated the company's growth in the U.K and broadened its sales capabilities.

𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐥𝐞𝐭𝐬 𝐲𝐨𝐮 𝐢𝐝𝐞𝐧𝐭𝐢𝐟𝐲 𝐭𝐡𝐞 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐌𝐚𝐭𝐭𝐫𝐞𝐬𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐛𝐲 𝐦𝐞𝐚𝐧𝐬 𝐨𝐟 𝐚 𝐫𝐞𝐠𝐢𝐨𝐧:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 -

𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐑𝐞𝐟𝐫𝐢𝐠𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/en/news-release/2022/10/05/2528824/0/en/Medical-Refrigeration-Market-to-Reach-2-74-Bn-by-2031-CAGR-6-3-TMR-Study.html

𝐕𝐞𝐧𝐨𝐮𝐬 𝐒𝐤𝐢𝐧 𝐔𝐥𝐜𝐞𝐫 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭- https://www.globenewswire.com/en/news-release/2022/10/05/2528933/0/en/Venous-Skin-Ulcer-Treatment-Market-Exclusive-Report-on-Current-Scenario-TMR-Study.html

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬

Nikhil Sawlani

Transparency Market Research Inc.

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