Mattress Market Trends, Size and Demand Forecast by P&S Market Research
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.
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.
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Global <strong>Mattress</strong> <strong>Market</strong> <strong>Size</strong>, Share, Development, Growth <strong>and</strong><br />
Dem<strong>and</strong> <strong>Forecast</strong> to 2020<br />
The growing health concern of consumers has been propelling the dem<strong>and</strong> for daily-use products such as<br />
mattresses. With the rising disposable income, the consumers are willing to pay extra amount for health<br />
enhancing products. The increasing busy schedules of people are inducing mental tiredness in them, making<br />
sound sleep a compulsion. The sleep quality has been becoming important in the developed countries leading to<br />
their increasing adoption of premium mattresses. On the other h<strong>and</strong>, their Asian counterparts are increasing<br />
mattress budget to use technologically advanced mattress as compared to their traditional cotton-filler mattresses.<br />
These factors are emerging as an opportunity for the mattress market manufacturers.<br />
The major companies operating in the global mattress market include Tempur Sealy International, Inc., Spring Air<br />
International Inc. LLC, Simmons Bedding Company LLC, Select Comfort Corporation, Kinsdown, Inc., Reylon<br />
Beds, Southerl<strong>and</strong> Bedding, <strong>and</strong> Corsicana Bedding, Inc.<br />
MATTRESS MARKET SEGMENTATION<br />
<strong>Mattress</strong> <strong>by</strong> Product<br />
• Innerspring <strong>Mattress</strong><br />
• Memory Foam <strong>Mattress</strong><br />
• Latex <strong>Mattress</strong><br />
• Others<br />
GEOGRAPHICAL SEGMENTATION<br />
<strong>Mattress</strong> <strong>Market</strong> <strong>by</strong> Region<br />
• North America<br />
o The U.S.<br />
o Canada<br />
o Rest of North America<br />
• Europe<br />
o Germany<br />
o France.<br />
o Italy<br />
o The U.K.<br />
o Rest of Europe<br />
• Asia Pacific<br />
o Greater China<br />
o Japan<br />
o India<br />
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