Back pain is a common problem among people nowadays and it is one of the most common reasons that force people to visit doctors. There are several factors that can cause back pain such as age, lack of activities, excess weight, disease, lifestyle, and other. However, it is possible to prevent or reduce back pain by taking proper health measures, having a good mattress is one of them. A mattress that provides comfort and back support helps in reducing low back pain, it allows the structures in the spine to rest properly during the night. People with back pain should choose a mattress that meets their own standards for comfort and allows them to get better sleep during the nighttime.
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According to UnivDatos Market Insights (UMI)’ research report “Mattress Market”, the market is expected to witness a CAGR of around 6% growth during the forecast period (2021-2027). This can be mainly attributed to the rising number of housing units, increased incidences of back problems caused mainly by uncomfortable sleeping surfaces, and the growth of the real estate industry.
Based on the size, the market is categorized into single, double, queen, and king. Queen size mattress segment held a prominent share in the mattress market in 2020 and is expected to be a prominent shareholder during the forecast period.
Based on application, the market is categorized into domestic and commercial. The domestic segment held a substantial share in the mattress market in 2020 and is expected to grow at a robust growth rate during the forecast period. The growth of this segment can be attributed to the growing population size and increasing urbanization.
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APAC is expected to witness substantial growth during the forecast period
During the forecast period, APAC is expected to have a robust CAGR due to the rapidly increasing population and affordable prices. As the population rises, the demand for consumer goods, including mattresses, also increases. The real estate industry in the region is also growing rapidly which is another reason for the growth of this market in the region.
According to ‘UnivDatos Market Insights (UMI)’, the key players with a considerable market share operating in the Mattress Market include Simmons Bedding Company, Sealy Technology LLC, Serta Simmons Bedding LLC, Kingsdown Inc., Leggett & Platt Incorporated, Paramount Bed Co. Ltd., Sleep Number Corporation, Southerland Sleep, Spring Air International, and Tempur-Pedic International Inc. These companies are taking various strategic decisions to increase their market presence and share
“Mattress Market” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for the market players. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitors’ capabilities on different parameters. This will help companies in the formulation of go-to-market strategies and identifying the blue ocean for its offerings.
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Market Segmentation:
- By Material (Innerspring, Foam, Latex, and Others)
- By Type (Branded and Unbranded)
- By Size (Single Double, Queen, and King)
- By Distribution Channel (Offline and Online)
- By Price Point (Economy, Mid, Premium, and Luxury)
- By Application (Domestic and Commercial)
- By Region (North America, Europe, Asia-Pacific, Rest of World)
- By Company (Simmons Bedding Company, Sealy Technology LLC, Serta Simmons Bedding LLC, Kingsdown Inc., Leggett & Platt Incorporated, Paramount Bed Co. Ltd., Sleep Number Corporation, Southerland Sleep, Spring Air International, and Tempur-Pedic International Inc.)
Key questions answered in the study:
- What are the current and future trends of the mattress industry?
- How the industry has been evolving in terms of material, type, size, distribution channel, price point, and application ?
- How the competition has been shaping across the countries followed by their comparative factorial indexing?
- What are the key growth drivers and challenges for the mattress industry?
- What are the customer orientation, purchase behavior, and expectations from the mattress product suppliers across various countries?
Table of Content –
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 MATTRESS MARKET COVID-19 IMPACT
6 MATTRESS MARKET REVENUE (USD BN), 2019-2027F
7 MARKET INSIGHTS BY MATERIAL
8 MARKET INSIGHTS BY TYPE
9 MARKET INSIGHTS BY SIZE
10 MARKET INSIGHTS BY DISTRIBUTION CHANNEL
11 MARKET INSIGHTS BY PRICE POINT
12 MARKET INSIGHTS BY APPLICATION
13 MARKET INSIGHTS BY REGION
14 MATTRESS MARKET DYNAMICS
15 MATTRESS MARKET OPPORTUNITIES
16 MATTRESS MARKET TRENDS
17 LEGAL & REGULATORY FRAMEWORK
18 DEMAND AND SUPPLY SIDE ANALYSIS
19 VALUE CHAIN ANALYSIS
20 COMPETITIVE SCENARIO
21 COMPANY PROFILED
22 DISCLAIMER
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