Mattress Market its Future Outlook and Trends

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Mattress Market Dynamics Trends, Segmentation,
Key Players And Forecast
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• A number of factors, such as the surging
  disposable income and favorable government
  policies, rising standard of living, increasing
  population, growing tourism industry, surging
  concern regarding sound and healthy sleep, rising
  migration to urban areas, and increasing
  prevalence of back and spine problems across the
  globe, are expected to drive the growth of the
  mattress market at a CAGR of 7.0 during the
  foreseeable period (20212030).
• According to PS Intelligence, the market
  generated 32,875.3 million revenue in 2020, and
  it is expected to reach 64,045.5 million by
  2030.
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• One of the prime factors aiding the mattress
  market growth is the surging disposable income
  and favorable government policies for the real
  estate sector. For instance, as per the
  Organisation for Economic Co-operation and
  Development (OECD), the global disposable income
  increased at a growth rate of over 2 in 2019
  from 2018. These factors are making housing
  affordable, which is increasing the home
  ownership rate, thus driving the demand for
  mattresses. Moreover, the rising disposable
  income boosts the tourism sector, thereby
  positively impacting the market growth.
• The product segment of the mattress market is
  categorized into innerspring, latex, memory
  foam, and others. Among these, the memory foam
  category accounted for the largest market share
  in 2020. This is ascribed to the high usage of
  this type of mattresses by individuals suffering
  from orthopedic problems, as these mattresses
  offer more comfort, more evenly distribute the
  body weight, and better support the body in
  response to pressure and heat as compared to
  other types. Moreover, they are used in the
  commercial sector owing to their low price and
  easy availability.
• Geographically, the Asia-Pacific (APAC) mattress
  market generated the highest revenue in 2020,
  and it is also expected to witness the same trend
  during the forecast period. This is attributed
  to the growing tourism industry, surging per
  capita disposable income in developing
  countries, increasing population of China, India,
  and Indonesia, improving standards of living of
  the middle-class population, and rising
  purchasing power of people. In addition, with the
  awareness on sound and healthy sleep rising,
  people are replacing their mattresses more often
  than before.
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• Thus, the rising disposable income, favorable
  government policies, and increasing migration to
  urban areas are expected to boost the market
  growth during the forecast period.
• Market Segmentation by Product
• Innerspring
• Memory Foam

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• Market Segmentation by Size
• Single
• Double
• Queen
• King
• Market Segmentation by Distribution Channel
• Online
• Offline
• Market Segmentation by End Use
• Residential
• Commercial
• Hotel
• Hospital
• Others
• Market Segmentation by Region

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• By end use
• By type
• By country Brazil, Mexico, and Rest of LATAM
• Middle East and Africa (MEA) Mattress Market
• By product
• By size
• By distribution channel
• By end use
• By type
• By country U.A.E., Saudi Arabia, South Africa,
  and Rest of MEA
• This study covers
• Historical and the present size of the Mattress
  Market
• Major factors driving the market and their impact
  during the short, medium, and long terms
• Market restraints and their impact during the
  short, medium, and long terms
• Recent trends and evolving opportunities for the
  market participants
• Historical and the present size of the market
  segments and understand their comparative future
  potential

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