Special Mattress- Market Scope
A special 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. 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 |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Kingsdown Inc. (United States), Kurlon Enterprise Ltd. (India), Leggett & Platt Incorporated (United States), Paramount Bed Co. Ltd. (Japan), Sealy Corporation (United States), Serta Inc. (United States), Simmons Bedding Company LLC (United States), Sleep Number Corporation (United States), Southerland Inc. (United States), Spring Air Company (United States) and Tempur Sealy International Inc. (United States) |
CAGR | % |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Special Mattress- market throughout the predicted period.
Kingsdown Inc. (United States), Kurlon Enterprise Ltd. (India), Leggett & Platt Incorporated (United States), Paramount Bed Co. Ltd. (Japan), Sealy Corporation (United States), Serta Inc. (United States), Simmons Bedding Company LLC (United States), Sleep Number Corporation (United States), Southerland Inc. (United States), Spring Air Company (United States) and Tempur Sealy International Inc. (United States) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Special Mattress- market by Type and Region with country level break-up.
On the basis of geography, the market of Special Mattress- has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2021.
Market Leaders and their expansionary development strategies
On 13th July 2022, Independent mattress manufacturer Blue Bell Mattress has acquired regional bedding, futon and cotton batting producer Wolf Corp., giving the company an additional 100,000 square feet in manufacturing space. Terms of the deal were not disclosed, but the acquisition includes the factory, intellectual property, trademarks and book of customers.
On 3rd July 2020, Sleepwell, a mattress brand from Sheela Foam Ltd., launches 'Cocoon Mattress', a first-of-its-kind Mattress in a Box (MIAB) offering that allows consumers to choose the comfort feel of the mattress on their side of the bed. The mattress provides options of customisation so that the customers can modify its comfort feel just by interchanging the top two foam layers from gentle to firm or vice versa.
Influencing Trend:
Trend is moving Toward other Types of Beds like Memory Foam, Adjustable, and Air and Rapid Innovation in Special Mattress Providing Impetus to the market
Market Growth Drivers:
Innerspring Mattresses are the most common type sold Due is its affordability and Growing urbanization and rapid expansion of hospitality industry to drive market proliferation
Challenges:
Counterfeit products challenging market expansion
Restraints:
Some people find the sensation of memory foam to be uncomfortable due to its sinking feeling
Opportunities:
Increasing New Number of Investors in Mattress and Recycling of Mattresses to Provide new Opportunities for Engaged Stakeholders
Key Target Audience
Special Mattress Manufactures, Special Mattress Suppliers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others