From the available evidence, it seems certain that the concept of the mattress originated during prehistoric times. With the increasing technological advancements and disposable income, currently, an average consumer replaces a mattress every 8 years. The report on Global Mattress Market Overview, 2020-25, by Bonafide Research is a balanced blend of factual based information, valuable insights, and implementable recommendations for both, the existing companies in the industry as well as the potential new entrants. The overall mattress market was recorded at USD 28.54 Billion in the year 2014 and is expected to grow with a CAGR of more than 7%. Mainly attributed to the rising disposable income and increasing awareness among the people about the detrimental effects of chemical-based mattresses, the market is to prove profitable.
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Being the oldest form of mattress, the innerspring mattresses are common across the world, holding up to a share of more than 50% in the market. Willingness to explore newer options is the reason for the growth of the different types of mattresses. One of the key trends in the mattress market is the increasing inclination of people toward customized mattresses. Mattress manufacturers such as Tempur Sealy International Inc. have started offering the customization option to customers, where they can modify the thickness, firmness, and size of the mattress according to their preference. Even though the market seems to be opportunistic, the challenges of less spacious houses and a high dominance of the unorganized market in the developing countries hamper the growth.
Highly dominated by offline retailers, the online mattress market is at comparatively a preliminary stage. As the millennial customer are more attracted towards the online shopping methods, that provides added discount and free trials, the online mattress retails is expected to grow with a CAGR of more than 20%, by the forecasted period.
In 2019, the global hotel industry was worth USD 570 billion. This incline in the hotel industry has a great influence on the mattress market. Commercial grade mattresses are designed for the extra abuse that hotels and resorts get. They have higher coil counts and reinforcements that are only found in commercial grade designs. In addition, the various government policies related to real estate and growing disposable income have led to a surge in the home ownership rate, thereby supporting the growth of the market.
CONSIDERED IN THE REPORT
• Geography: World Wide
• Base year: 2018-19
• Historical year: 2013-14
• Forecasted year: 2024-25
REGIONS COVERED:
• North America (USA, Canada, Mexico & Rest of North America)
• Europe (UK, Germany, France, Spain, Italy, Russia & Rest of Europe)
• Asia Pacific (China, Japan, India, Australia & Rest of Asia Pacific)
• Latin America (Brazil, Argentina, Columbia & Rest of Latin America)
• Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa & Rest Of Middle East & Africa)
ASPECTS COVERED IN THE REPORT
• Market Size By Value for the period (2014-2019)
• Market Size By Value for the period (2020-2025)
• Market Size By Value for Innerspring Mattress (2014-2025)
• Market Size By Value for Latex Mattress (2014-2025)
• Market Size By Value for Memory Foam Mattress (2014-2025)
• Market Size By Value for Other types of Mattress (2014-2025)
• Market Share by Application (2019 & 2025)
• Market Share by Mattress Type (2019 & 2025)
• Market Share by Mattress Size (2019 & 2025)
• Market Share by Region (2019 & 2025)
• Market Share by Country (2019 & 2025)
• Market Share by End User (2019 & 2025)
• Market Share by Sales Channel (2019 & 2025)
• Market Share by Company (2019)
RESEARCH APPROACH: While doing the research, we combine the expertise of our analysts and the capabilities of artificial intelligence. We take into consideration the inputs by the industry experts and leaders gathered through our primary research. We do go through the available secondary data, to understand the business analysts, discover deep insights and ideas from the marketing data. Then to finalize the market, we start collecting financials of each player present in the market including limited, private limited, and LLPs. Moreover, we perform cross-industry, cross-region analysis of the product, and based on collected primary inputs and using statistical modeling we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but giving more weightage to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, and PEST analysis, etc. Once the data expert verifies the data, the team together crosscheck the segmentations, validates the market.
COVID-19 IMPACT: We are in a continuous process of evaluating the impact of the Covid-19 outbreak on the world mattress sector. The first results are already taken into account in this report.
INTENDED AUDIENCE: This report can be useful to industry consultants, manufacturers, suppliers, associations, & organizations related to the industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Get answers to the following questions through the report:
1. What is the market size and forecast of the Global Mattress Market?
2. What is the impact of COVID-19 shaping the Global Mattress Market during the forecast period?
3. Which are the product segments and applications profitable to invest in over the forecast period in the Global Mattress Market?
4. What are the competitive strategic opportunities in the Global Mattress Market?
5. What are the technology trends and challenges in the Global Mattress Market?
6. What are the modes and strategic moves considered suitable for entering the Global Mattress Market?
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Table of Contents
1. Executive Summary
2. Methodology
3. Market Structure
4 Global Mattress Market Outlook
4.1 Market Size
4.1.1 By Value
4.1.2 By Volume
4.2 Market Share
4.2.1 By Mattress Type
4.2.2 By Mattress Size
4.2.3 By Region
4.2.4 By Country
4.2.5 By Sales Channel
4.2.6 By End User
4.2.7 By Company
4.3 Global Innerspring Mattress Market Outlook
4.4 Global Latex Mattress Market Outlook
4.5 Global Memory Foam Mattress Market Outlook
4.6 Global Other (Water, Air, Hybrid, etc) Mattress Market Outlook
5 North America Mattress Market Outlook
5.1 Market Size
5.1.1 By Value
5.1.2 By Volume
5.2 Market Share
5.2.1 By Mattress Type
5.2.2 By Mattress Size
5.2.3 By Country
5.2.4 By Sales Channel
5.2.5 By End User
5.3 North America Innerspring Mattress Market Outlook
5.4 North America Latex Mattress Market Outlook
5.5 North America Memory Foam Mattress Market Outlook
5.6 North America Other (Water, Air, Hybrid, etc) Mattress Market Outlook
6 Europe Mattress Market Outlook
6.1 Market Size
6.1.1 By Value
6.1.2 By Volume
6.2 Market Share
6.2.1 By Mattress Type
6.2.2 By Mattress Size
6.2.3 By Country
6.2.4 By Sales Channel
6.2.5 By End User
6.3 Europe Innerspring Mattress Market Outlook
6.4 Europe Latex Mattress Market Outlook
6.5 Europe Memory Foam Mattress Market Outlook
6.6 Europe Other (Water, Air, Hybrid, etc) Mattress Market Outlook
7 Asia Pacific Mattress Market Outlook
7.1 Market Size
7.1.1 By Value
7.1.2 By Volume
7.2 Market Share
7.2.1 By Mattress Type
7.2.2 By Mattress Size
7.2.3 By Country
7.2.4 By Sales Channel
7.2.5 By End User
7.3 Asia Pacific Innerspring Mattress Market Outlook
7.4 Asia Pacific Latex Mattress Market Outlook
7.5 Asia Pacific Memory Foam Mattress Market Outlook
7.6 Asia Pacific Other (Water, Air, Hybrid, etc) Mattress Market Outlook
8 Latin America Mattress Market Outlook
8.1 Market Size
8.1.1 By Value
8.1.2 By Volume
8.2 Market Share
8.2.1 By Mattress Type
8.2.2 By Mattress Size
8.2.3 By Country
8.2.4 By Sales Channel
8.2.5 By End User
8.3 Latin America Innerspring Mattress Market Outlook
8.4 Latin America Latex Mattress Market Outlook
8.5 Latin America Memory Foam Mattress Market Outlook
8.6 Latin America Other (Water, Air, Hybrid, etc) Mattress Market Outlook
9 Middle East & Africa Mattress Market Outlook
9.1 Market Size
9.1.1 By Value
9.1.2 By Volume
9.2 Market Share
9.2.1 By Mattress Type
9.2.2 By Mattress Size
9.2.3 By Country
9.2.4 By Sales Channel
9.2.5 By End User
9.3 Middle East & Africa Innerspring Mattress Market Outlook
9.4 Middle East & Africa Latex Mattress Market Outlook
9.5 Middle East & Africa Memory Foam Mattress Market Outlook
9.6 Middle East & Africa Other (Water, Air, Hybrid, etc) Mattress Market Outlook
10 Raw Materials & Manufacturing Process
10.1 History
10.2 Design
10.3 Raw Materials
10.4 Manufacturing Process
11 Market Dynamics
11.1 Key Drivers
11.2 Key Challenges
12 Market Trends and Developments
12.1 Customized Mattress
12.2 Hybrid Mattress
12.3 Willingness to Explore Variety
12.4 Online Retailers
12.5 Emergence of Millennial Customers
13 Company Profile
13.1 Casper Sleep, Inc.
13.2 Corsicana Bedding
13.3 Dunlopillo GmbH
13.4 Duroflex Private Limited
13.5 Innocor Inc.
13.6 Kingsdown
13.7 Leggett and Platt,Inc.
13.8 Serta Simmons Bedding
13.9 Sleep Number Corporation
13.10 Sleemon Xilinmen Furniture Co Ltd
13.11 Spring Air International LLC
13.12 Tempur Sealy International
14 Strategic Recommendations
14.1 Pillow Top Mattress
14.2 Used Mattress Buy Back
14.3 Infusion Experiment
15. Disclaimer
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