Press release
Global Mattress Market Competitive Dynamics & Global Outlook 2024
Sleep is a natural need playing an important role in balancing the metabolic homeostasis. Good sleep aids in regulating immune function, metabolism, and enhancing memory and several body functions. Earlier, mattresses were made of hair, straw, feather, and so on. Presently, mattresses are made from flexible latex, polyurethane foam, and innerspring. In the last few years, increase in consciousness regarding mattresses and people ready to pay a bit extra on comfortable bedding goods to get quality sleep has also enhanced the use of mattress.
Global Mattress Market: Growth Factors
Increasing hospitals, housing, and hotel industries are the key factors boosting the mattress demand worldwide and in turn, the global market growth. Additionally, rising need of standard quality bedding accessories and mattress for quality sleep is anticipated to propel the global market growth. Furthermore, rising demand for premium and customized mattresses is enhancing the global market growth. Innerspring mattresses are witnessing considerable popularity among customers worldwide. Latex and memory foam mattresses have noteworthy demand in some countries. Moreover, availability of a wide range mattress is the key factor propelling the growth of the global market. Also, celebrities promoting various brands of mattress further enhances the market growth. The advancement of several types of mattresses including hybrid mattress, latex mattress, innerspring mattress, and memory foam mattress is contributing to the global market growth.
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Global Mattress Market: Segmentation
The global mattress market is segmented on the basis of product type and product size. Based on the product type, the global market is categorized as a hybrid, memory foam, innerspring, and latex mattresses. On the basis of product size, the global market is categorized as twin xl size mattress, twin/single size mattress, queen size mattress, full/double size mattress, and king size mattress.
Global Mattress Market: Regional Analysis
Asia Pacific is anticipated to dominate the global mattress market in the near future mainly due to increase in construction activities in the domestic and commercial sectors, particularly due to the escalating economies. This trend is followed by the Middle East and Africa and Latin America regions, and are also anticipated to witness considerable growth in the global market.
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This growth can be attributed to the high demand for a wide variety of mattresses in these regions. Moreover, Europe and North America are noteworthy contributors to the overall revenue in the global mattress market. Enhanced standard of living and the need to get sound and quality sleep are other major factors boosting the global mattress market growth.
Global Mattress Market: Competitive Players
Some of the major players in the global mattress market are Simmons Bedding Company LLC, Tempur-Pedic International Inc., Serta Inc., Select Comfort, Spring Air Company, Southerland Bedding Co., Kingsdown Inc., Sealy Corporation, King Koil Inc., Silentnight Group, Zhejiang Huaweimei Group Co. Ltd., and Relyon Limited.
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