0
2021
Sleeping Mattress Market

Sleeping Mattress Market

by Product Type (Foam, Innerspring, Latex, and Hybrid), End User (Commercial and Residential), and Distribution Channel (Online and Offline): Global Opportunity Analysis and Industry Forecast 2021-2027
Update Available On-Demand

Report Code: A10855
Pages: 228
Apr 2021 | 5687 Views
Author(s) : Samriddhi Chauhan , Roshan Deshmukh
Tables: 126
Charts: 58
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Sleeping Mattress Market

Request Now !

The sleeping mattress market was valued at $33.2 billion in 2019, and is estimated to reach $39.9 billion by 2027, registering a CAGR of 5.2% from 2021 to 2027.

Sleeping mattress is used as bed that is filled with a resilient material alone or in combination with other products intended or promoted for sleeping upon. The sleeping mattress market growth is largely driven by factors such as infrastructural developments and rise in disposable income, owing to increase in number of hospitality and residential units.

Sleeping-Mattress-Market,-2021-2027

The prevalence of sleeping disorders is increasing at an alarming rate, owing to inappropriate sleep cycle. As a result, market players are focusing on introducing smart mattresses with AI-based technology, which helps in detecting human health, sleeping hours, and breathing pattern while the user is sleeping. Furthermore, the mattress can adjust its temperature according to the sleeper and environment. 

However, counterfeiting is one of the major restraints of the market, which is destroying the brand image of original products, as the counterfeiters sell damaged, rejected, or fake mattresses under the name of a known brand to gain good profit. Hence, the sold product do not last for longer period and end up tarnishing the brand image. Conversely, many attempts have been made to decrease the scale of counterfeiting and its impact on businesses and consumer perception with results consistently reflecting direct and indirect industry revenue losses and job losses. 

The demand for luxury and customized mattress is expected to rise in near future. As the mattresses are the indicator of the quality of life of the customer and it is not just limited up to the consumer durable market product. Furthermore, the trend of interior decoration and designing is at peak, which is fueling the sleeping mattress market demand for customized mattresses. 

Segment review

The global sleeping mattress market segment include the product type, end user, distribution channel, and region. On the basis of product type, the market is categorized into foam, innerspring, latex, and hybrid.

By end user, it is segregated into residential and commercial. Depending on distribution channel, it is categorized into online and offline. Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, India, Japan, ASEAN, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Rest of LAMEA).

On the basis of product type, the hybrid segment garnered the major sleeping mattress market share, as the hybrid mattresses are known for enhanced comfort offered by memory foam/latex and innerspring, which induce healthy sleep, as the mattress does not sink in and controls the movement of coil.

Sleeping Mattress Market
By Product Type

Your browser does not support the canvas element.

Hybrid segment would exhibit the highest CAGR of 7.1% during 2021-2027.

Get more information on this report : Request Sample Pages

Depending on distribution channel, the offline segment held the maximum market share, as consumers prefer to analyze and evaluate the product for quality check before purchase. However, online segment is poised to grow with highest CAGR during the forecast.

Sleeping Mattress Market
By Distribution Channel

Your browser does not support the canvas element.

Online channels segment would exhibit the highest CAGR of 6.2% during 2021-2027.

Get more information on this report : Request Sample Pages

By end user, the residential segment dominated the sleeping mattress market, owing to its rise in population. Furthermore, rapid urbanization significantly influences the demand for sleeping mattresses. Nevertheless, the commercial segment is likely to grow with highest CAGR during the forecast period.

Sleeping Mattress Market
By End User

Your browser does not support the canvas element.

Commercial segment would exhibit the highest CAGR of 6.1% during 2021-2027.

Get more information on this report : Request Sample Pages

By region, Asia-Pacific segment is dominating the market owing to its growing middle class population which is contributing to the growth of sleeping mattress market. The Asia-Pacific market has a huge growth potential for companies offering new and innovative smart mattresses solutions. Furthermore, with increasing penetration of market leaders in the region the unorganized sector is likely to lose significant market share towards the end of forecast period. Nevertheless, the prospects of sleeping mattress market is promising for Asia Pacific region.

Sleeping Mattress Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia Pacific region would exhibit the highest CAGR of 6.9% during 2021-2027.

Get more information on this report : Request Sample Pages

The sleeping mattress market analysis report focuses on the growth prospects, restraints, and opportunities of the global market. The study provides Porter’s five forces analysis to understand the impact of various factors, such as the competitive intensity of competitors, bargaining power of suppliers, the threat of substitutes, threat of new entrants, and bargaining power of buyers, of the sleeping mattress market.

The major players operating in the market are Kurl-On Ltd., Leggett & Platt, Paramount Beds Co. Ltd., Saatva, Serta Simmons, Silentnight Groups, Sleep Number Corporation, Tempur Sealy, Spring Air, and Kingsdown. 

COVID-19 impact analysis

  • The COVID-19 pandemic had a significant impact on the offline distribution segment of the sleeping mattress industry due to the strict lockdown policies across the globe in an attempt to prevent the spread of coronavirus.
  • However, to combat the situation, market players adopted online channels thus shifted toward omnichannel approach.
  • Manufacturers have altered their strategies in order to revive from the current situation by bringing novel innovation such as antivirus mattresses.
  • Additionally, the sleeping mattress market is expected to recover after year 2021.

Key Benefits For Stakeholders

  • The report provides a quantitative analysis of the sleeping mattress market trends, estimations, and dynamics of the market size from 2019 to 2027 to identify the prevailing opportunities.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the sleeping mattress market size and segmentation assist to determine the prevailing sleeping mattress market opportunities.
  • The major countries in each region are mapped according to their revenue contribution to the market. 
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the sleeping mattress market.

Sleeping Mattress Market Report Highlights

Aspects Details
By Product Type
  • FOAM
  • INNER SPRING
  • LATEX
  • HYBRID
By End User
  • RESIDENTIAL
  • COMMERCIAL
By Distribution Channel
  • ONLINE
  • OFFLINE
By Region
  • NORTH AMERICA  (US, CANADA, MEXICO)
  • EUROPE  (UK, GERMANY, FRANCE, ITALY, SPAIN, RUSSIA, REST OF EUROPE)
  • ASIA-PACIFIC  (CHINA, INDIA, JAPAN, ASEAN, AUSTRALIA, REST OF ASIA PACIFIC)
  • LAMEA  (BRAZIL, SAUDI ARABIA, UNITED ARAB EMIRATES, REST OF LAMEA)
Key Market Players KINGSDOWN, KURL-ON ENTERPRISE LTD., Leggett & Platt Incorporated, Paramount Bed Holdings Co. Ltd., Saatva, SERTA SIMMONS, Silentnight Group, Sleep Number Corporation, SPRING AIR, Tempur Sealy International, Inc
 

Loading Table Of Content...


 
 

Based on the insights of the CXOs of leading companies, eco-friendly mattresses will attract a large consumer base. This is attributed to increase in customer awareness regarding the side effects of chemical and synthetic materials used in mattresses. Thus, the demand for organic mattresses is anticipated to increase considerably. According to the market players, investing in the production of eco-friendly mattresses, which are organic as well as affordable is profitable. Furthermore, producers are investing in multiple techniques such as breathable fabric and cooling gels which help mattress to eliminate heat. 

However, the COVID-19 pandemic has declined the sale of mattress, owing to the pandemic policies. Conversely, to overcome the impact of the global health crisis, market players have adopted online sales platforms for customers.

The CXOs further added that key players are focusing on the launch of new mattresses that will inhibit the growth of germs over the mattress surface. Furthermore, integration of artificial intelligence in mattresses will help to track the sleep duration and body temperature. Such product innovations are likely provide lucrative growth opportunities to the market.

Moreover, the CXO emphasised on the recycling of mattresses as an emerging opportunity. There lies a colossal opportunity for mattress recycling across both developing and developed nations. Recycling of sleeping mattress has now emerged as a new business opportunity for market players generating better financial returns to manufacturers as well as reduced cost for consumers resulting in win win situation for consumers, manufacturers as well as environment.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com
 
FREQUENTLY ASKED QUESTIONS?

A. The market size of the sleeping mattress for the year 2019 is $33.2 billion.

A. Leading companies profiled for the sleeping mattress market analysis include Kurl-On Ltd, Kingdsdwon, Leggett & Platt Incorporated, Paramount Bed Co Ltd.

A. Kindly raise an inquiry through the chat box and our business executive will get in touch with you with the details on the purchase options.

A. The sleeping mattress market is poised to grow with a CAGR of 5.2% during the forecast period.

A. The forecast period of sleeping mattress market is from 2021 to 2027.

A. The sleeping mattress market is segmented by Product Type, End User, Distribution Channel and Region.

A. By region, Asia-Pacific region dominates the global sleeping mattress market.

A. The COVID-19 pandemic had a significant impact on the offline distribution segment of the sleeping mattress market due to the strict lockdown policies across the globe in an attempt to prevent the spread of coronavirus.

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS
 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

Download Free Sample

OR

Purchase Full Report of
Sleeping Mattress Market

Start reading instantly.
This Report and over 18,777+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Apr 2022 - Apr 2023)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2022 - Apr 2023)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2022 - Apr 2023)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2022 - Apr 2023)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Apr 2022 - Apr 2023)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers