Mattress Market Outlook, Challenges, Opportunities, Competitive Insights, Significant Futuristic Trends And Opportunities 2022


Posted October 8, 2018 by Rahul_Gautam

The global mattress market was valued at $31,181.5 million in 2017 and is predicted to register a CAGR of 3.8%, during 2018–2023.
 
The global mattress market is expected to increase from $24,675.7 million in 2015 and reach $38,344.3 million by 2022, growing at a CAGR of 6.6%.

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The increasing population which is leading to increasing rate of home ownership is the key growth driver for the global mattress market. The demand for housing is mainly driven by migration of consumers from rural to urban areas. The high demand for new houses is observed mainly in the emerging regions including the Middle East and Asia-Pacific, where young consumers among the population are laying severe pressure on housing supply. The consumers’ preference towards customized mattresses is one of the major trends witnessed in the global market.

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The increasing population and growing numbers of nuclear families is increasing the demand for houses and consequently the market for mattress globally. The increasing migration of people from rural to urban areas, mainly in the Middle East and Asia-Pacific regions is also propelling the demand for mattresses.

The demand for mattresses is also being propelled by the growing health concern of consumers. The increasing busier day schedules of the people are inducing mental tiredness in them, thus necessitating the need of a sound sleep. The focus on sleep quality is becoming important in the developed countries, which is resulting in increasing adoption of premium mattresses in these countries.

The major companies operating in the global mattress market include Tempur Sealy International Inc., Simmons Bedding Company LLC, Spring Air International Inc. LLC, Select Comfort Corporation, Kingsdown Inc., Reylon Beds, Southerland Bedding, and Corsicana Bedding Inc.
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Issued By Rahul Gautam
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Categories Business , Consumer , Research
Tags global mattress market , mattress market , mattress market demand , mattress market 2018 , mattress market analysis , mattress market size
Last Updated October 8, 2018