Global Latex Mattress Market By Type (Blended Mix, Natural, Synthetic), Application (Residential, Commercial), Latex Processing Type (Talalay, Dunlop, Others), Sales Channel (Hypermarkets/Supermarkets, Multi-brand Stores, Specialty Stores, Independent Small Stores, Online Stores, 3rd Party Online Stores, Company Websites), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Latex Mattress Market
Global latex mattress market is expected to rise to an estimated value of USD 19.50 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Rising cases of back and joint discomfort and increasing luxury lifestyle is the factor for the market growth.
Market Definition: Global Latex Mattress Market
To create a supportive and durable sleep surface, a latex mattress integrates latex foam with either springs or reflex foam. Latex mattresses are elastic in nature and have the ability to mold them as per the body shape. This allows the spine to be kept in its natural position, decreasing excessive pressure on certain points of the body and assuring healthy circulation of blood during hours of sleep. These mattresses have long durability as compared to the other mattresses.
- Growth in hospitality sector will drive the market growth
- Rising demand for eco-friendly mattresses will also accelerate the market growth
- Increasing need for multifunctional bed will also enhance the market growth
- Rising usage of natural ingredients in mattress production also acts as a market driver in the forecast period
- Volatility in the cost of the raw material will hamper the market growth
- Increasing issue associated with the firmness of these mattresses restricts this market growth
- High cost of these mattresses is another factor which hinder the demand of this market
Segmentation: Global Latex Mattress Market
- Blended Mix
By Latex Processing Type
By Sales Channel
- Multi-brand Stores
- Specialty Stores
- Independent Small Stores
- Online Stores
- 3rd Party Online Stores
- Company Websites
- North America
- Rest of Europe
- South Korea
- New Zealand
- Rest of Asia-Pacific
- South America
- Rest of South America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
Key Developments in the Market:
- In January 2019, Vystar Corp announced the launch of Vytex Cloud Bed-in-a-Box Collection of 100% all natural latex mattresses in New England. This new mattress will provide comfort, strength and soft supportive comfort. It is considered to be the purest, anti-microbial, smell-free and allergic free latex in the world
- In December 2016, Xiaomi announced the launch of their 8H Latex Mattress M3. Thai direct mining natural latex, drawer-type layered model, and steel independent pocket spring are used in the spring mattress. It also consists of jacket covering which is washable in nature and also uses YKK zipper. This new mattress is available in three different variant f 1.2m x 2m x 20cm, 2m x 20cm, and 1.8m x 2m x 20cm
Global latex mattress market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of latex mattress market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the global latex mattress market are Shevick Sales Corp.; Simmons Bedding Company LLC.; Spindle.; Dreamfoam Bedding; Sleep Number Corporation; Royal-Pedic Mattress Mfg.; Brentwood Home.; Kingsdown, Inc.; Restonic; PURE TALALAY BLISS.; Corsicana Mattress Company.; SAATVA, INC.; Comfort Mattresses Mfg.Co; Altaflex Srl; Latosleep; IMMa Mattress; Comfort Foam Products.; Sleepez USA Inc; Xiaomi; among others.
Research Methodology: Global Latex Mattress Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market drivers and restraints analysis along with the analysis of the market structure