Global Mattress Market Share Will a Strong Growth during 2020-2025

According to the latest report by IMARC Group, titled “Mattress Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global mattress market reached a strong growth in 2019. Mattresses are large pads that are utilized on top of beds to provide comfort, support the body and sustain the neutral position of the spine. They are generally made using cotton, straw, foam rubber and heavy cloth. Currently, they are available in gel, latex, airbed, waterbed, innerspring and memory foam variants across the globe.

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One of the major trends being witnessed in the market is the escalating demand for customized mattresses. This can be accredited to the inflating income levels and growing prevalence of back problems that are mainly caused by sleeping on uncomfortable surfaces. As a result, there is an increase in the adoption of airbeds, waterbeds and foam-based mattresses. Apart from this, the burgeoning real estate sector and the rising sales of home furnishing items like mattresses are also strengthening the market growth. Furthermore, leading vendors in the industry are focusing on introducing product innovations, such as customizable mattresses, for expanding their existing consumer base. They are also using natural and organic raw materials in the production of mattresses, owing to the growing environmental concerns. These factors are projected to bolster the market growth in the upcoming years.

Market Breakup by Product

Innerspring Mattresses
Memory Foam Mattresses
Market Forecast
Others

Market Breakup by Distribution Channel

Specialty Stores
Furniture Retailers
Department Stores
Others

Market Breakup by Size

Twin or Single Size
Twin XL Size
Full or Double Size
Queen Size
King Size Mattress
Others

At this present, twin or single size hole the largest mattress market share.

Market Breakup by Application

Domestic
Commercial

Competitive Landscape with Key Players

Kingsdown Inc
Kurlon Enterprise Ltd.
Leggett & Platt
Paramount Bed Co. Ltd.
Sealy Corporation
Serta Inc.
Simmons Bedding Company LLC
Sleep Number
Southerland Inc.
Spring Air
Tempur-Pedic

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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Source: steemit.com

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