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Mattress Market Size To Grow USD 109.1 billion By 2035 | CAGR of 8.3%

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Mattress Market Size To Grow USD 109.1 billion By 2035 | CAGR of 8.3%

Mattress Market Overview:

mattress is a big, rectangular piece of furniture used for resting or sleeping. It is an integral part of the sleeping experience and is usually set on a bed frame. Mattresses can be made of a wide range of materials for the support cores and comfort layers. Innerspring coils, memory foam, latex, and hybrid forms of these are common materials.

A mattress's principal purpose is to support and comfort the body while it sleeps, reducing pressure spots and assisting in maintaining healthy spinal alignment. A good mattress guarantees a restful night's sleep, which supports healthy sleep patterns and enhances general wellbeing. Firmness, materials, size, and durability are important elements to take into account while selecting a mattress, depending on personal tastes and

Mattress market size was valued at USD 41.5 billion in 2023 and is estimated to reach a value of USD 109.1 billion by 2035 with a CAGR of 8.3% during the forecast period 2024-2035.

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Every household needs a mattress, and they are used in every home. Consequently, well-known companies in the mattress industry have a sizable customer base. raised sales of home furnishings including mattresses, pillowcases, and bed linens have raised demand for the product as a result of the real estate industry's growing requirement to meet residential needs. One of the main things propelling the global market is the growth of the healthcare and hotel sectors. Over the years, bedding products have demonstrated a steady demand as a basic piece of household furniture.

The market is being further stimulated by consumers who are increasingly investigating e-commerce furnishing websites. Hospital bed demand is rising, which means that the mattress industry will need to supply a sizable amount of mattresses throughout the epidemic.

Opportunities of Mattress Market:

People are beginning to understand the connection between healthy sleep and wellbeing. Positive lifestyle modifications for improved health are becoming more and more popular. People are replacing their mattresses since there are various health benefits associated with doing so. The mattress market has an opportunity because individuals are thinking smaller and changing their living spaces for greater health. By creating better mattresses than they have in the past, businesses can satisfy these consumers. One industry that stands to gain from this potential is orthopaedic and memory foam mattresses.

Challenges of Mattress Market:

The existence of handmade mattresses is one of the biggest problems factory-made mattresses face. A large number of working-class and impoverished households continue to choose handcrafted mattresses. Growth in mattress market revenue is hampered by this. Even with the rise in living standards throughout time, many people continue to avoid purchasing commercially manufactured mattresses. Not only are handmade mattresses reasonably priced, but they are also incredibly cozy, which is why many choose not to use commercial mattresses. As such, the mattress market will face challenges from this industry.

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Market Segments:

By Demographics

 

  • Children's Mattresses
  • Teen Mattresses
  • Adult Mattresses
  • Senior Mattresses

By Size

  • Twin/Single Mattresses
  • Twin XL Mattresses
  • Full/Double Mattresses
  • Queen Mattresses
  • King Mattresses
  • California King Mattresses

By Sales Channel

  • Brick-and-Mortar Retailers
  • Online Retailers
  • Specialty Stores
  • Mattress Boutiques

Market Regional Analysis:

Major geographic regions, including North America, Europe, Asia Pacific, South America, and MEA, are included in the data of the mattress market analysis.

According to data on the mattress market, Asia Pacific was valued at USD 15.87 billion in 2023 and is projected to grow at a compound annual growth rate of 7% to reach a value of USD 38.79 billion by 2035.

A number of significant factors are influencing customer choices and industry dynamics in the APAC mattress market. The growing need for specialty and high-end mattresses is one notable development. With rising discretionary incomes in the area, buyers are prepared to spend more on premium mattresses with features like cooling gel, memory foam, and hybrid construction that provide better support and comfort.

Top Leading Key Companies Involved in this market are:

  1. Tempur Sealy International, Inc.
  2. Serta Simmons Bedding LLC
  3. Spring Air International
  4. Sleep Number Corp
  5. Kingsdown, Inc.
  6. Southerland Sleep
  7. Boll & Branch
  8. Casper Sleep Inc.

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About We Market Research:

WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets

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