The global mattress market is expected to increase from $23,397.9 million in 2014 to reach $33,437.0 million in 2020, growing at a CAGR of 6.3%. The global mattresses market is mainly driven by increasing population, which is leading to increasing rate of home ownership. Migration of consumers from rural to urban areas is an important driver of housing demand globally, mainly in emerging Middle East and Asia-Pacific regions, where the youth consumers among the population is laying severe pressure on housing supply. The Asia-Pacific mattress market is expected to witness the fastest CAGR of 10.7% during 2015 – 2020.
GLOBAL INDUSTRY INSIGHT: Mattress Market Size, Share, Development, Growth and Demand Forecast to 2020