Mattresses Market enhancing their market capitalization amid increasing demand for eco- friendly mattresses

Mattresses Market

Mattresses are an important part of the bed which are rectangular in shape and are filled with firm materials.  These materials can be cotton, hairs, foam rubbers, coiled springs, and feathers. They are usually placed on the top of the bed and are available in different sizes such as twin or single size, full ot double size, and queen size. They are filled with water and air as well. The main function of the mattresses is to support the muscles & joints and provide relief and comfort to the user. These mattresses can also improves the posture, and helps in providing the better sleep. Some of the common types of mattresses are air mattresses, innerspring, gel- infused foam, pocket coil, latex, memory foam, and other.

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Some of the factors which are affecting the growth of the Global Mattresses Market are:

  • Rising popularity of eco- friendly mattresses: Eco- friendly mattresses are those mattresses which are made from natural materials. They are usually non- toxic in nature. These are facing high demand in the market because they are very good for the skin as they don’t contain any chemicals. Some of these eco- friendly mattresses are even biodegradable in nature and have the ability to decrease their carbon footprint. Generally hypo-allergenic, eco-friendly mattresses contain some sort of organic cotton that is gentle and harmless to your body.
  • Increasing demand for smart mattresses: Smart mattresses are those which have the ability to get connected to the smart devices. This provides option to the user so they can calculate the time they spend on sleeping, and can also track heart and breathing rates. They can easily manage the aspects of sleep which cannot be done by any conventional mattresses. There is increase in the demand for the smart mattresses because one can easily get better sleep and it has sleep tracking system which provides sufficient data for sleep management.

Mattress market is segmented on the basis of product, size, application, end- users and distribution. On the basis of product the market is segmented into foam, hybrid, innerspring, latex, water bed, air bed, adjustable bases, and others. The size segment is further classifies into twin or single size, twin XL size, full or double size, queen size, and others. On the basis of application the market is classified as household and commercial.  It is also segmented on the basis of distribution into offline retail, online retail, independent retailers/exclusive stores, specialty stores and end-user into hotel industry, household, hospitals, and others.

Many known companies are launching and making acquisitions in the mattresses market, so that they can strengthen their market position and enhance their global reach. Some of the recent developments in the market include:

  • In August 2019, Zedbed announced that they are going to enter the U.S. market with the launch of Adjust Copper collection. This new collection of copper-infused version of their VX foam. With this launch, the company will be able to enhance their market position and will be able to cater high quality products to their customer. This new foam also have airflow design which prevent them to reach with ambient temperature or body heat.
  • In November 2018, Sleep Country Canada Holding Inc, announced the acquisition of Endy. This acquisition will help both the company to enhance their market position and increase their consumer reach worldwide. With this they will also be able to serve better products to their customers.

According to Data Bridge Market Research, Global Mattress Market is set to witness a CAGR of 6.8% in the forecast period of 2019-2026

Few of the major competitors currently working in the global mattress market are Kingsdown, Inc, Serta, Inc, Sleep Number Corporation, King Koil, Spring Air International, PARAMOUNT BED CO., LTD., Southerland Sleep, Sealy Corporation, Spring Air International., Sleep Number Corporation, Simmons Bedding Company LLC., Tempur-Pedic North America, LLC., Relyon Beds, Magenta Lifecare Pvt. Ltd, SPRING AIR BEDDING., Al Mattress, FOAM HOME PVT. LTD., Victory Mattress Pvt Ltd., LST, Springfeel Polyurethane Foams Private Limited, Tirupati Foam Ltd., MM Foam and others

Growing demand for customized mattresses and availability of advanced and smart mattresses in the market will affect the market positively. Increasing back problems among population is also expected to enhance the market growth. These mattresses are affordable and easily available which is another factor expected to increase its demand in the market. On factors such as increasing popularity of eco- friendly mattresses, growth in construction sector, and increasing demand for luxury mattresses will further create new opportunities for the mattresses market in the forecast period of 2019- 2026.

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