Global Mattress Market Business Overview, Challenges, Opportunities, Trends and Market Analysis by 2022
The global mattress market is expected to increase from $24,675.7 million in 2015 and reach $38,344.3 million by 2022, growing at a CAGR of 6.6%.
The global mattress market is expected to increase from $24,675.7 million in 2015 and reach $38,344.3 million by 2022, growing at a CAGR of 6.6%.
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<strong>Mattress</strong> <strong>Market</strong><br />
<strong>Global</strong> <strong>Mattress</strong> <strong>Market</strong> <strong>Business</strong> <strong>Overview</strong>, <strong>Challenges</strong>, <strong>Opportunities</strong>, <strong>Trends</strong><br />
<strong>and</strong> <strong>Market</strong> <strong>Analysis</strong> <strong>by</strong> <strong>2022</strong><br />
enquiry@psmarketresearch.com<br />
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<strong>Mattress</strong> <strong>Market</strong><br />
The global mattress market is expected to<br />
increase from $24,675.7 million in 2015 <strong>and</strong><br />
reach $38,344.3 million <strong>by</strong> <strong>2022</strong>, growing at a<br />
CAGR of 6.6%.<br />
The increasing population which is leading to<br />
increasing rate of home ownership is the key<br />
growth driver for the global mattress market. The<br />
dem<strong>and</strong> for housing is mainly driven <strong>by</strong> migration<br />
of consumers from rural to urban areas. The high<br />
dem<strong>and</strong> for new houses is observed mainly in<br />
the emerging regions including the Middle East<br />
<strong>and</strong> Asia-Pacific, where young consumers among<br />
the population are laying severe pressure on<br />
housing supply. The consumers’ preference<br />
towards customized mattresses is one of the<br />
major trends witnessed in the global market.
<strong>Mattress</strong> <strong>Market</strong><br />
The increasing population <strong>and</strong> growing numbers of nuclear families is increasing<br />
the dem<strong>and</strong> for houses <strong>and</strong> consequently the market for mattress globally. The<br />
increasing migration of people from rural to urban areas, mainly in the Middle East<br />
<strong>and</strong> Asia-Pacific regions is also propelling the dem<strong>and</strong> for mattresses.<br />
The different mattress consumers have separate needs for them, <strong>and</strong> according to<br />
their needs they are categorized into five groups, as sleep sufferers, mattress<br />
involveds, healthy <strong>and</strong> content, br<strong>and</strong> selectors, <strong>and</strong> apathetics. Sleep sufferers are<br />
the consumers not able to get a good sleep <strong>and</strong> experience many sleeping<br />
problems.
<strong>Mattress</strong> <strong>Market</strong><br />
The dem<strong>and</strong> for mattresses is also being propelled <strong>by</strong> the growing health<br />
concern of consumers. The increasing busier day schedules of the people<br />
are inducing mental tiredness in them, thus necessitating the need of a<br />
sound sleep. The focus on sleep quality is becoming important in the<br />
developed countries, which is resulting in increasing adoption of premium<br />
mattresses in these countries. On the other h<strong>and</strong>, the Asian consumers<br />
are increasing their mattress budget to use technologically advanced<br />
mattresses, as compared to their traditional cotton-filler mattresses.<br />
These factors are emerging as opportunity for market players in the<br />
industry.
<strong>Mattress</strong> <strong>Market</strong><br />
The major companies operating in the global mattress market include Tempur<br />
Sealy International Inc., Simmons Bedding Company LLC, Spring Air International<br />
Inc. LLC, Select Comfort Corporation, Kingsdown Inc., Reylon Beds, Southerl<strong>and</strong><br />
Bedding, <strong>and</strong> Corsicana Bedding Inc.
<strong>Mattress</strong> <strong>Market</strong><br />
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<strong>Mattress</strong> <strong>Market</strong><br />
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