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Mattresses, Blinds And Shades Market Growth Analysis, Trends, Share, Market Size And Forecast To 2033
Mattresses, Blinds And Shades Market Growth
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According to The Business Research Company's, The mattresses, blinds and shades market size has grown strongly in recent years. It will grow from $127.1 billion in 2023 to $137.13 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to consumer preferences, housing market, health and wellness trends, economic conditions.
The mattresses, blinds and shades market size is expected to see strong growth in the next few years. It will grow to $179.77 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The growth in the forecast period can be attributed to e-commerce and online retail, aging population, home automation and smart homes, health and well-being. Major trends in the forecast period include innovation and technology, sustainability and eco-friendliness, customization, color and design trends, innovations in materials.
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Market Drivers and Trends:
Increasing demand for online shopping is expected to help the mattresses, blinds and shades manufacturing market grow. Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the mattresses, blinds and shades manufacturing market. In countries such as India, for instance, e-commerce portals have boosted the sales of blinds and shades manufacturers by giving larger exposure to producers who were confined to one geography.
The demand for organic and eco-friendly mattresses is increasing in many developed and developing economies. This is mainly due to growing consumer preference for healthier products and increasing concerns about harmful chemicals, pesticides, and allergies. Organic and eco-friendly mattresses are manufactured using organic and natural materials, which reduce both health and environmental risks. To cater to the growing consumer demand for organic and eco-friendly products, several mattresses manufacturers have switched over to alternative materials such as organic cotton, wool, natural latex, organic latex, plant-based foams, and other plant materials. Some of the companies that use plant-based foams and latex to produce mattresses include Sealy and Simmons.
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Major Key Players of the Market:
Tempur Sealy International Inc., Hunter Douglas NV, Leggett & Platt Incorporated, Sleep Number company, Invacare Corporation, Casper Sleep Inc., Sheela Foam Limited, Recticel NV/SA, Suzhou Gold Mantis Construction Decoration Co. Ltd., Ace Bed Co. Ltd., Purple Innovation Inc., Tuft & Needle, Saatva Inc., Leesa Sleep LLC, Nectar Sleep Ltd., Avocado Green Brands LLC, Springs Window Fashions LLC, Comfortex Window Fashions, Levolor Inc., Norman Window Fashions, MechoShade Systems LLC, Lutron Electronics Co Inc., Somfy Systems Inc., Rollease Acmeda Inc., QMotion Shades, Insolroll Window Shading Systems, Coulisse BV, Drape*r Inc., BTX Intelligent Fashion LLC, Mermet Corporation, Phifer Incorporated, SWFcontract.
Mattresses, Blinds And Shades Market 2024 Key Insights:
• The mattresses, blinds and shades market size is expected to see strong growth in the next few years. It will grow to $179.77 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%.
• Increasing Demand Of Online Shopping For Mattresses, Blinds And Shades Market
• Demand Towards Eco-Friendly Mattresses To Decrease Environmental Risks
• Asia-Pacific was the largest region in the mattresses, blinds and shades market in 2023
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