Friday, May 20, 2022

Mattress Market Worth $28.16 Billion by 2028 - Exclusive Report by Introspective Market Research

The global Mattress market provides qualitative and quantitative information on growth rate, market segmentation, market size, future trends and regional prospects. The research study represents a modern perspective aimed at securing the future potential of the Mattress market. This report analyzes and evaluates the latest prospects for the new retail space, as well as the general and future market performance of Covid-19. In addition, this report provides a detailed overview of competition between some industries and others.

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Mattress Market size is projected to reach USD 38.07 Billion by 2028 from an estimated USD 28.16 Billion in 2021, growing at a CAGR of 4.4% globally.

Mattress Market - Size, Competitive Landscape and Segmentation Analysis:

A mattress is a fabric case filled with a resilient material (such as cotton, hair, feathers, foam rubber, or a coil spring arrangement) that can be used alone or with a bedstead. Mattresses are extremely helpful piece of furniture that ensures the most comfortable sleep possible. They're usually made of soft and comfortable materials. This market sector includes mattresses made of springs, foam, and latex. Water mattresses, pneumatic mattresses, and bed frames are not included. With the rising demand, the Mattress market expected to grow during the forecasted period

Major Key Players for Mattress Market:

·         Casper Sleep Inc (New York, United States)

·         Corsicana Bedding Inc (Dallas, United States)

·         Innocor Inc (Red Bank, United States)

·         King Koil (Willowbrook, United States)

·         Kingsdown Inc (Mebane, United States)

·         Paramount Bed Co. Ltd (Tokyo, Japan)

·         Relyon Limited (Wellington, United Kingdom)

·         Restonic Mattress Corporation (Buffalo, United States)

·         Serta Simmons Bedding LLC (Atlanta, United States)

·         Silentnight Group Ltd (Preston, United Kingdom)

·         Sleep Number Corporation (Minneapolis, United States)

·         Spring Air International (Woburn United States)

·         Tempur Sealy International Inc (Lexington, United States)

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By Type, Mattress has been segmented into:

·         Innerspring mattress

·         Foam mattress

·         Latex mattress

By Application, Mattress has been segmented into:

·         Private Households

·         Hotels

·         Hospitals

Market Segment by Regions and Countries Level Analysis:

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

·         Asia-Pacific (China, India, Japan, Southeast Asia etc.)

·         South America (Brazil, Argentina etc.)

·         Middle East & Africa (Saudi Arabia, South Africa etc.)

Market Dynamics and Factors:      

Sleep deprivation is a severe problem that can have a variety of negative health consequences; the availability of sufficient cushioning to sleep on helps to enhance the market. According to a Consumer Research study conducted by the Better Sleep Council, around 83 percent of respondents said they would replace their mattress if it did not provide them with adequate sleep. In contrast, approximately 8 out of 10 users felt that a low-quality product is unhealthy. The Better Sleep Council (BSC) provides consultation on how to acquire enough sleep, as well as product recommendations.

With a growing population, the number of households is expanding worldwide. This has increased demand for everyday things, such as various household furnishings. For example, according to the Housing Statistical, new house completions in England reached 169,770. Furthermore, the expanding trend of beautiful home decor adds significantly to the growth of the premium mattress market. Similarly, the ever-increasing demand for children's beds contributes to the market's expansion during the forecasted period. 


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