MarkNtel Advisors recently published a detailed industry analysis of the Global Mattresses Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Mattresses Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2027
The Mattresses Market is projected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2022-27.
What are the major Driver the Mattresses industry?
Easy Availability & Affordability of Mattresses– Due to the swift expansion in the retail sector and growing competition among the leading manufacturers of mattresses, they are becoming easily available across different distribution channels at affordable prices & a wide variety. As a result, their demand & sales are escalating and projecting an acceleration in the customer base in the coming years.
Moreover, the active participation of manufacturers offering new varieties of mattresses with different fillings & features is also attracting customers and enabling the leaders to expand their product portfolio & reachability worldwide. Hence, these factors are projected to play a crucial role in driving the Global Mattress Market through 2027.
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What segments define the Global Mattresses Market from 2022 to 2027? How do these segments contribute to market dynamics and growth?
By Material
- Spring/Coil
- Memory Foam
- Latex
- Others (Hybrids, Cotton, etc.)
By Size
- Queen
- Twin
- Full
- Others (King, California King, etc.)
According to report, Here, mattresses of queen size are anticipated to acquire the largest market share over the forecast years, principally due to the increasing inclination of customers toward procuring beds of this size that can accommodate two adults comfortably without taking up much space in the bedroom.Besides, benefits like cost-effectiveness, lesser space occupancy, & easy-to-move are other prominent aspects contributing to the mounting demand for queen-size beds and, in turn, positively influencing the overall market growth.
By Application
- Household
- Commercial
According to report, Amongst them both, the Household sector is projected to dominate the Global Mattress Market with the largest share during 2022-27. It owes principally to the exponentially growing population, improving economic conditions, and changing living standards, i.e., demonstrating a growing demand for mattresses for better sleep & comfort.
According to report, Here, mattresses of queen size are anticipated to acquire the largest market share over the forecast years, principally due to the increasing inclination of customers toward procuring beds of this size that can accommodate two adults comfortably without taking up much space in the bedroom.
By Distribution Channel
- Specialty Stores
- Furniture Retail
- Owned Franchise Stores
- E-Commerce
- Other
Explore the Complete Global Mattresses Market Analysis Report – https://www.marknteladvisors.com/research-library/mattresses-market.html
Geographical Analysis: Global Mattresses Market
By Region
- North America
- South America
- Europe
- Asia-Pacific
- Rest of World
Global Mattresses Market Share & Competitive Landscape:
The Mattresses Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Mattresses Market are:
- Grupo Pikolin
- Kingsdown Inc.
- King Koil Mattress Co.
- Paramount Bed Holdings Co. Ltd
- Sheela Foam Limited
- Spring Air Company
- Tempur-Sealy International, Inc.
- Sealy Corporation
- Select Comfort
- Simmons Bedding Company LLC
- Southerland Bedding Co.
- Suibao Group
- Others
Questions Addressed in this Study
1.What factors are driving the Global Mattresses Market growth?
2.How is the Global Mattresses Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Mattresses Market?
4.What is the current size of the Global Mattresses Market, and how is it projected to change in the future?
6.What is the future outlook for the Global Mattresses Market in terms of technological advancements and market expansion?
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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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