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Mattress Market worth $51.61 billion by 2030, growing at a CAGR of 7.29% - Exclusive Report by 360iResearch
Mattress Market | 360iResearch
The Global Mattress Market to grow from USD 29.37 billion in 2022 to USD 51.61 billion by 2030, at a CAGR of 7.29%.
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A mattress is a sleeping platform with various types and physical properties that significantly affect sleep quality and rest efficiency. The mattress properties have a remarkable effect on sleep behaviors, sleep quality, and a close relationship with sleeping postures. Therefore, a comfortable mattress is essential to providing sound sleep and can improve sleep quality and relieve pain. The increasing population, residential & construction activities, consumer disposable income & lifestyle are supporting the growth of the mattress market. On the other hand, the mattress market can face many obstacles due to fluctuations in economic conditions. The innovation in mattress materials and design, such as temperature control and natural materials, offers a brighter prospect for product penetration.
America showcases the advanced landscape for the mattresses market attributed to the growth in the residential and commercial construction industry and increased demand for luxury and innovative home furnishing products. In recent years, the U.S. has recorded an increased number of residential construction, which is favoring the adoption of mattresses for residential use. The Asia-Pacific region witnessed an increasing population and disposable income leading to higher penetration of mattresses. The growing European hospitality industry, consumer expenditure on household products, and manufacturers' focus on improving mattress materials are offering growth potential in the region for the mattress market.
Market Segmentation & Coverage:
This research report categorizes the Mattress Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Alternating Pressure Mattress, Gel, Hybrid Mattress, Innerspring, Latex Mattresses, and Memory Foam. The Hybrid Mattress commanded largest market share of 29.92% in 2022, followed by Innerspring.
Based on Size, market is studied across Full, King, Queen, and Twin. The Queen commanded largest market share of 34.79% in 2022, followed by King.
Based on Business Model, market is studied across Lease and Outright Sale. The Outright Sale commanded largest market share of 92.91% in 2022, followed by Lease.
Based on Distribution, market is studied across Offline and Online. The Offline commanded largest market share of 93.79% in 2022, followed by Online.
Based on End User, market is studied across Commercial, Hospitals, and Residential. The Hospitals is further studied across Acute Care, Intensive Care, Long-term Care, and Post-acute Care. The Residential commanded largest market share of 57.23% in 2022, followed by Commercial.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 39.68% in 2022, followed by Asia-Pacific.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Mattress Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Mattress Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Mattress Market, highlighting leading vendors and their innovative profiles. These include Araam Inc., Boll & Branch LLC, Brooklyn Bedding, LLC, Casper Sleep Inc., Coirfit Mattress, Corsicana Mattress Company, Emma Sleep GmbH, Foamite Industries Inc., Jinlongheng Furniture Co., Ltd., King Koil Mattress Company, Kingsdown, Inc., Leggett & Platt, Incorporated, MD Mattress, Paramount Bed Holdings Co., Ltd., Raenco Mills Private Limited, Relyon Beds Ltd., Restonic Mattress Corporation, Saatva, Inc., Serta Simmons Bedding, LLC, Sheela Foam Ltd., Silentnight Group Limited, Sleep Number Corporation, Sleepwell by AWI Industries, Inc., Slumbercorp, Slumberest Pty Ltd., Southerland Sleep, Springwel Mattresses Pvt. Ltd., Tempur Sealy International, Inc., The Sleep Company, and Wakefit Innovations Private Limited.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Mattress Market, by Type
7. Mattress Market, by Size
8. Mattress Market, by Business Model
9. Mattress Market, by Distribution
10. Mattress Market, by End User
11. Americas Mattress Market
12. Asia-Pacific Mattress Market
13. Europe, Middle East & Africa Mattress Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Mattress Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Mattress Market?
3. What is the competitive strategic window for opportunities in the Mattress Market?
4. What are the technology trends and regulatory frameworks in the Mattress Market?
5. What is the market share of the leading vendors in the Mattress Market?
6. What modes and strategic moves are considered suitable for entering the Mattress Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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