Global Sleeping Mattress Market is valued approximately USD 33.2 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.2 % over the forecast period 2020-2027. Sleeping Mattress is used on bed to sleep upon, it is filled with a resilient material alone or in combination with other products. The major factors that drive the market are infrastructural developments and increase in disposable income, increase in number of hospitality and residential units. Further, increasing investments in comfort, luxurious products, and increase in prevalence of sleeping disorders, inappropriate sleep cycle has led the adoption of Sleeping Mattress across the forecast period. For Instance: in February 2019, Eight Sleep launched its new product smart mattress with biometric-monitoring and unique feature like dual thermostat. However, rising counterfeiters who sell damaged, rejected or fake mattresses impedes the growth of the market over the forecast period of 2020-2027. Also, with the customized mattress, interior designing and improving standard of life the adoption & demand for Sleeping Mattress is likely to increase.
The regional analysis of global Sleeping Mattress market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to the geriatric population, sleeping disorders, back pain and growing middle class population. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, new & innovative smart mattresses solutions, increasing penetration of market leaders in the region would create lucrative growth prospects for the Sleeping Mattress market across Asia-Pacific region.
Major market player included in this report are:
Leggett & Platt
Paramount Beds Co. Ltd.
Sleep Number Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Distribution channel:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Sleeping Mattress Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers