Market Insights and Analysis: Global Mattresses Market Overview and Projections (2022-2027)
The Global Mattress Market is projected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2022-27. The growth of the market is projected to be driven primarily by the exponentially rising population and its changing living standards, i.e., augmenting the demand for high-quality & comfortable mattresses. In addition, the swiftly expanding residential sector and the growing trend of nuclear families is another prominent factor driving the global market.
Top leading companies in the Global Mattresses Market includes:
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.
Key Driver: 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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Report Segmentation:
The market is categorized into the following segments in the report:
By Material
-Spring/Coil
-Memory Foam
-Latex
-Others (Hybrids, Cotton, etc.)
By Size
-Queen
-Twin
-Full
-Others (King, California King, etc.)
By Application
-Household
-Commercial
By Distribution Channel
-Specialty Stores
-Furniture Retail
-Owned Franchise Stores
-E-Commerce
-Other.
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Global Mattresses Market Geographic Reach:
The Geographic Reach of the Global Mattresses Market evaluates the spread and significance of Global Mattresses market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- North America: USA, Canada
- Europe: Germany, The UK, France, Italy, Russia
- Asia-Pacific: China, India, Japan, South Korea, Australia and Others
- Latin America: Brazil, Mexico
- Middle East & Africa: Israel, Turkey, UAE, Saudi Arabia, South Africa.
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