Global Memory Foam Mattress Market, By Type (Below 10cm, 10- 30cm and Above 30cm), Applications (Residential Use and Commercial Use), Size (Twin, Twin XL, Full Size and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Due to rapid increase in the population size especially geriatric population, the demand for memory foam mattresses is rising at significant growth rate. Data Bridge Market Research analyses that the memory foam mattress market will witness a CAGR of 9.55% for the forecast period.
Memory foam mattresses combine a layer of memory foam with the layer of springs or other support and provide desired level of comfort to the human body. Memory foam mattresses use body heat to form the shape of the body over the mattress and when the body is released, the memory foam mattresses bounce back to their original shapes. This forms the reason for the foam mattresses attached with the word memory with it. Good quality memory foam mattresses spread the body weight equally and provide great level of support and comfort to the body. If the quality of memory foam mattresses is ignored, it may result in having a back pain or spinal cord ailment.
Due to rising acute back pain, the demand for memory foam mattresses is bound to rise. Most of the people suffer from sleep deprivation due to some or the other reason. This affects their mental health, physical health and spiritual health. With the rising consumer awareness about the benefits of good quality sleep, the scope for growth for memory foam mattress market has widened. Flexible properties of memory foam mattresses are also bolstering the growth of the market across the globe. Growing number of residential properties, hospitals and hotels especially in the developing countries have created rather greater lucrative opportunities for the growth of memory foam mattress market.
The memory foam mattresses fall in the category of luxury goods and not normal goods. This means that one has to incur huge costs to get the possession. It is therefore not affordable by everyone. This has limited the scope of growth for the market. Also, the long replacement cycle of mattresses is hindering the growth of memory foam mattress market.
This memory foam mattress market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on memory foam mattress market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Memory Foam Mattress Market Scope and Market Size
The memory foam mattress market is segmented on the basis of type, application and size. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the memory foam mattress market is segmented into below 10cm, 10-30cm and above 30cm.
- On the basis of application, the memory foam mattress market is segmented into residential use and commercial use.
- On the basis of size, the memory foam mattress market is segmented into twin, twin XL, full size and others.
Memory Foam Mattress Market Country Level Analysis
The memory foam mattress market is analyses and market size, volume information is provided by country by type, application and size as referenced above.
The countries covered in the memory foam mattress market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is projected to undergo the highest market growth rate during the forecast period. This is because of rapid urbanization that has led to construction of residential and commercial properties, hospitals and hotels. Also, rising population especially in countries such as India and China coupled with the rise in personal disposable income will in turn create more demand for memory foam mattresses. Emergence of new players in the market has enabled the improvement in the technology. This will also improve the demand for memory foam mattresses. Due to these reasons Asia-Pacific holds a dominant position in the market and will continue to flourish during the forecast period.
The country section of the memory foam mattress market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Memory Foam Mattress Market Share Analysis
The memory foam mattress market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to memory foam mattress market.
The major players covered in the memory foam mattress report are Serta, Inc., KING KOIL, SINOMAX, Glideaway., Sleep Number Corporation, Tempur Sealy International, Inc., Lifenoyoke, Casper Sleep Inc., DeRUCCI International Holdings Limited., Kingsdown, Inc., Simmons Bedding Company., Spring Air International., Dorel Industries Inc., Restonic Mattress Corporation., Corsicana Mattress Company., Leggett & Platt, Inc., Southerland Sleep, Sleemon, Hilding Anders, M/S.Shubh Lifestyle Creations and Siddharth Poly Foam Private Limited among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.