Mattresses Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

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Mattresses Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2029

Status : January, 2023 | Consumer Goods

Report Digest

Global Mattresses Market: Overview

Houses, hospitals, and hotels are the places where mattresses are used on a large scale. Huge increase in worldwide population is the one of the key drivers pushing the global mattress market. The latest research report by TMR Research offers detailed analysis of the global mattresses market on the basis of type, size, distribution channel, component and region. Based on type, the market can be segmented into memory foam, innerspring, hybrid, latex, water, and air. While traditional distribution channels of the mattresses market are specialty stores, independent retailers, and supermarkets, it holds promising growth opportunities due to rising trend of purchasing these products via online shopping platforms.

Global Mattresses Market: Growth Dynamics

Mattresses market finds huge potential for development in emerging economies due to substantial growth in disposable incomes of large population from countries such as China and India. This increased disposable income in these countries is encouraging them to engage in home decoration activities, thereby purchasing latest mattresses for their homes. Numerous recent researches have highlighted the need for adequate sleep. These researches have triggered awareness about the importance of the adequate sleep in order to achieve total health of an individual. This growing awareness has boosted the global demand for mattresses.

The global market for mattresses is fairly fragmented with the presence of local as well as global vendors. The list of important players includes:

  • Breckle GmbH Matratzenfabrik
  • Airsprung Group Plc.
  • Hilding Anders International AB
  • Casper Sleep Inc.
  • Recticel Group
  • King Koil Licensing Co. Inc.
  • Serta Simmons Bedding LLC
  • Royal Auping BV

Global Mattresses Market: Notable Development

Numerous research and development activities by prominent vendors are opening promising opportunities for the growth of the global mattresses market. Major players in the global mattresses market are making strategic moves such as partnerships and collaborations to offer innovative products to their customers. The case in point is Serta Simmons Bedding, LLC, which is one of the key players headquartered in the U.S. The firm recently announced that it is collaborating with SleepScore Labs. The main motive of this collaboration was to perform research on the effects of sleeping on iComfort by Serta® CF4000 mattress. The study was also aimed at finding out the ability of this mattress to support restful and comfortable sleep. This strategic move by the company is expected to open new avenues for growth.

Various key players in the global mattresses market are chasing the possibility of incorporating advanced technology to offer more comfort to end-users. For instance, Casper Sleep Inc. developed an app-linked light. This technology allows user to adjust the light in their bed rooms according to their needs and assists them to create an environment that allows for complete and healthy sleep. These strategic moves of using advanced technology by prominent players is expected to open the doors for promising growth of the global mattresses market during forecast period.

Global Mattresses Market: Regional Assessment

Presence of high population countries makes Asia Pacific one of the prominent regions in the global mattresses market. The growing demand for these products due to increasing population in the countries like China and India is expected to maintain prominence of the region in the forthcoming years. Major manufactures in the this market can shift their focus on South East Asian countries as around 50% of global population lives in this region. Unmet needs of people from this region will open lucrative opportunities for new entrants in the market in the upcoming period. Besides, the other regions contributing to the growth of the global mattresses market are North America, South America, Europe, and Middle East and Africa.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?