Global Sleeping Mattress Market Overview:
A sleeping mattress is a bed that is filled with resilient material and is intended or promoted for use as a sleeping surface, either alone or in combination with other objects. Factors such as infrastructural improvements and a rise in disposable income as a result of an increase in the number of hotels and residential units drive the growth of the sleeping mattress sector. Sleeping disorders are becoming more common at an unprecedented pace as a result of an inefficient sleep period. As a result, market players are concentrating on launching smart mattresses that use AI to detect human health, sleeping hours, and breathing patterns while the consumer is sleeping. Furthermore, the mattress can change its temperature based on the sleeper and the surrounding environment.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rapid innovation in sleeping mattress providing impetus to the market
Market Growth Drivers:
Growing urbanization and rapid expansion of hospitality industry to drive market proliferation. and Increase in prevalence of back and posture-related concerns positively impacting global market
Challenges:
Counterfeit products challenging market expansion
Restraints:
Rise in prevalence of bed allergies
Opportunities:
Recycling of mattresses to provide new opportunities for engaged stakeholders and Health monitoring through sleeping mattress to gain traction in upcoming years
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Kurl-On Ltd. (India), Leggett & Platt (United States), Paramount Beds Co. Ltd. (Japan), Saatva (United States), Serta Simmons Bedding LLC (United States), Silentnight Groups (United Kingdom), Sleep Number Corporation (United States) and Tempur Sealy International Inc (United States). Additionally, following companies can also be profiled that are part of our coverage like Corsicana Mattress Company (United States) and Pleasant Mattress Inc. (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Sleeping Mattress market by 2028. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Sleeping Mattress market. Considering Market by End User, the sub-segment i.e. Commercial will boost the Sleeping Mattress market.
Latest Market Insights:
In January 2021 – BT Furnishings has introduced its latest hybrid mattress, Athena Hybrid in Texas, USA. The new hybrid mattress helps prevent back pain by facilitating improved posture and offering better comfort level for enhanced sleep.
In January 2021 – Idle Group has collaborated with Hearst Magazines as well as Idle, a well- known direct-to-consumer bedding holdings vendors in America to launch a new collection of three mattresses, namely the premium 13" Hudson hybrid, the McKinney for those that prefer the foam feel and the luxury 16" Napa.
What Can be Explored with the Sleeping Mattress Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Sleeping Mattress Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Sleeping Mattress
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Sleeping Mattress market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Sleeping Mattress market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Sleeping Mattress Manufactures, New Entrants and Investors, Sleeping Mattress Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.