Home Market Spotlight Mattress Market Industry Analysis Report: 52% Growth Comes From Asia Pacific, Continuous Development of New Products Drives Market Growth

Mattress Market Industry Analysis Report: 52% Growth Comes From Asia Pacific, Continuous Development of New Products Drives Market Growth

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Mattress Market Industry Analysis Report: 52% Growth Comes From Asia Pacific, Continuous Development of New Products Drives Market Growth


Mattresses Market Industry Analysis Report By Product (Innerspring Mattresses, Memory Foam Mattresses, Latex Mattresses and Other Mattresses), By Distribution Channel (Offline & Online) and By Geography (Asia Pacific, North America, Europe, South America)

New York, August 2, 2022 /PRNewswire/ — Mattress market share expected to increase $14.36 billion The market momentum will accelerate at a CAGR of 7.73% from 2020 to 2025. The continuous development of new products will propel the growth of the global mattress market. Suppliers are increasingly focusing on expanding their product lines by launching new mattresses. They are trying to increase sales and increase their market share in the global mattress market by launching new products. They focus on integrating new features into mattresses to ensure increased end-user comfort. This increasing availability of new mattresses will encourage more commercial and individual end users to purchase such models.For example, in April 2019, Saatva announces the launch of its precisely adjustable Solaire mattress. The new mattress features a 100% natural Talalay latex comfort layer and five-zone lumbar support. Hence, the increase in the number of new product launches will have an impact on the sales of mattresses, which will drive the growth of the global mattress market over the forecast period.

Technavio has published its latest market research report titled, Mattress Market by Product, Distribution Channel and Geography – Forecast and Analysis 2021-2025

More highlights on market trends – request a sample today!

Mattress Market: Segment Analysis

Technavio reports broadly cover by product (innerspring, memory foam, latex and other mattresses), distribution channel (offline and online) and geography (Asia Pacific, North America, Europe, South AmericaAsia-Pacific, North America, Europeand South America).

Revenue-Generating Segment – The increase in mattress market share in the innerspring mattress segment is significant for revenue generation. Another segment that presents significant growth opportunities for suppliers is latex mattresses. Latex is elastic and easily responds to the end user’s weight and movements. This elasticity helps support the heaviest parts of the body to reduce stress and ensures less stress on pressure points. In addition, the structure of the latex ensures resistance to dust mites. This helps maintain a fresh sleep environment. These factors help increase mattress sales over the forecast period.

Regional Highlights – During the forecast period, 52% of the market growth will come from the Asia Pacific region. India It is the main market for the mattress market in the Asia-Pacific region. Market growth in this region will be faster than market growth in other regions. Expansion of commercial end-users will boost the growth of the mattress market in Asia Pacific over the forecast period.

the story continues

To understand the market contribution of each segment – get a sample now!

Mattress Market: Key Growth Drivers

Mattress Market Report The following factors are the key growth drivers over the forecast period:

Expand commercial end users

Growing demand for smart mattresses

Eco-friendly mattresses are growing in popularity

For detailed information on market drivers and challenges – click now!

Mattress Market: Vendor Analysis

The mattress market is fragmented and vendors are deploying organic and inorganic growth strategies to compete in the market.The Mattress Market report also provides information on several market vendors including Casper Sleep Inc., King Koil Licensing Co. Inc., Kingsdown Inc., Kurlon Enterprise Ltd., Leggett & Platt Inc., Paramount Bed Holdings Co. Ltd ., Saatva Inc., Serta Simmons Bedding LLC, Sleep Number Corp., and Tempur Sealy International Inc., among others

Casper Sleep Inc. – This company offers some of the mattress variants the company offers, including The Wave, The Casper, and The Essential.

Learn about major supplier products – request a sample today!

Reasons to Buy the Mattress Market Report:

CAGR of the market during the forecast period 2021-2025

Detailed information on factors that will contribute to the growth of the mattress market over the next five years

Estimation of the mattress market size and its contribution to the parent market

Predictions of upcoming trends and changes in consumer behavior

Growth of the mattress market industry in Asia Pacific, North America, Europe, South AmericaAsia-Pacific, North America, Europeand South America

To analyze the market competition landscape and vendor details

Comprehensive details of factors that will challenge the growth of suppliers in the mattress market

The competitive scenario presented in the Mattresses Market report analyzes, evaluates, and positions companies on the basis of various performance metrics. Some of the factors considered in this analysis include the company’s financial performance over the past few years, growth strategies, product innovations, new product launches, investments, market share gains, and more. Don’t wait, strategize and drive the achievement of your business goals with our Mattress Market Forecast Report – Buy Now!

Related reports –

The latex pillow market size is projected to grow at USD 591.33 million from 2021 to 2026 at a CAGR of 4.42%.

The bathroom linen market share is expected to increase by USD 9.53 billion from 2021 to 2026, and the market growth momentum will accelerate at a CAGR of 6.61%.

Mattress Market Scope

Report Scope

detail

page number

120

base year

2020

forecast period

2021-2025

Growth Momentum and CAGR

Accelerating at a CAGR of 7.73%

Market Growth 2021-2025

$14.36 billion

market structure

fragmentization

Year-on-year growth (%)

7.01

Regional Analysis

Asia Pacific, North America, Europe, South America, Asia Pacific, North America, Europe and South America

Executive Market Contribution

Asia Pacific 52%

major consuming countries

UK, US, India, Spain, Germany and Canada

Competitive Landscape

Leading Companies, Competitive Strategies, Scope of Consumer Engagement

Company Profile

Casper Sleep Inc., King Koil Licensing Co. Inc., Kingsdown Inc., Kurlon Enterprise Ltd., Leggett & Platt Inc., Paramount Bed Holdings Co. Ltd., Saatva Inc., Serta Simmons Bedding LLC, Sleep Number Corp., and Tempur Sealy International Inc.

Market dynamics

Parent market analysis, market growth drivers and barriers, fast-growing and slow-growing segments analysis, COVID 19 impact and future consumer dynamics, and analysis of market conditions during the forecast period.

Custom permissions

If our reports do not contain the data you are looking for, you can contact our analysts and customize the segmentation.

Browse Technavio’s “Consumer Staples Market” Research Report

Contents of the table

1.executive Summary

2 Market structure

3 Market size

4 Five Forces Analysis

5 Market Segmentation by Product

6 Market Segmentation by Distribution Channel

7 Customer Landscape

8 Geographical Landscapes

9 Drivers, challenges and trends

10 Supplier Landscape

11 Supplier Analysis

12 Appendix

about us

Technavio is the world’s leading technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. Technavio’s report library has more than 500 professional analysts with more than 17,000 reports and counts covering 800 technologies and spanning 50 countries. Their customer base includes businesses of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive position in changing market scenarios.

Contact Technavio ResearchJesse MaidaHead of Media & Marketing US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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SourceTechnavio

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