04.12.2018 Бизнес

Mattress Market by Product, Size, End-Use, Geography, Growth and Demand Forecast, 2013–2023

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.

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.