Global Mattress Market Will Be Growing At 6.5% CAGR To Reach $43.43 Billion By 2025

(EstateNewsWire.com, September 22, 2018 ) The mattress is a large rectangular pad used for reclining body and is designed to use as a bed on a supporting frame. Some mattress may contain an attached case, usually of heavy cloth, which contains cotton, straw, hair, foam rubber, etc., and outlined with springs around the mattress. Some of the mattresses can also be filled with air or water. The mattress is generally placed on the top of the bed base which seems to be stable, as in the case of a platform bed, or elastic, e.g. with a furnished wood and wire box spring or a slatted foundation. The mattress is mostly used for sleeping and taking rest. The amount of rest that a person receives is directly related to the mattress that cradles them throughout the night. As per the mattress market data by Envision Inteligence mattress market analysis, the market is likely to grow with a CAGR of 6.5% during 2019 – 2025.

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RISE IN DEMAND FOR COMMERCIAL PURPOSES DRIVES MATTRESS MARKET GROWTH:

Global mattress growth is increasing due to high usage of various types of mattresses in the hospitals and increasing patient population also drives the market growth. The rise in the usage of mattresses in the international hotel chains is likely to boost the market growth as popular hotels are focusing to provide excellent comfort and sound sleep to attract more consumers. Mattress market outlook is likely to be positive owing to the increasing number of households and growing number of multifamily buildings especially in the developed economies due to less new household construction spaces.

QUEEN SIZE MATTRESS IS ACCOUNTED FOR THE HIGHEST MARKET SHARE IN 2017:

Regarding size, the market is segmented into a twin, twin XL, queen, double size, and king. Among them, the queen size mattress is accounted the leading demand and has the most significant market share among other size types.

RISING NUMBER OF HOUSEHOLDERS IN THE ASIA PACIFIC REGION TENDS TO INCREASE THE GLOBAL MATTRESSES MARKET SHARE:

Region-wise, the mattress market is classified into North America, Asia Pacific, Europe, and Rest of the World. Growing population and significant growth in the furniture industry are driving the market growth in this Asia Pacific region. Improving supply network and broad promotional strategies are attracting consumers to buy the various type of mattress from the last few years in this region which tends to enhance the growth rate. Growing infrastructure in developing economies and increasing number of wealthy people and their interest in comforts in mattress with premium home furnishings are the factors that are boosting the demand for mattresses in Asia-Pacific region. Mattress market share by geography is dominated by North American region and APAC is likely to grow with brisk CAGR during 2019 – 2025.

The Middle East and Africa have extensive domestic and commercial construction over the past few years. The growth of the hospitality industries and some of the large hotel chains demand to make the mattress are the reason drives the market. According to global mattress market overview, the market share of unorganized players is expected to drop drastically in the coming years in the global forecast period 2019-2025.The matrices market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.

Mattress Market Segmentation:

By Type:

• Memory form
• Hybrid
• Innerspring
• Latex mattress
• Water filled mattress
• Gel-filled mattress
• Air filled mattress

By Size:

• Single size mattress
• Twin XL size mattress
• Double sided mattress
• Queen size mattress
• King size mattress
• Others

By Application:

• Household purpose
• Commercial purpose

The global mattress market research report provides an in-depth and full analysis of the key technological and product development aspects for all the key companies operating in the market in each region.
Key Players:
• Paramount bed holdings co. Ltd,
• King KoilInc.
• Southerland bedding co
• Sealy Corporation,
• Spring air company
• Select Comfort

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