Global Smart Mattress Market, By Product (Foam, Hybrid, Innerspring, Latex, Water Bed, Air Bed, Adjustable Bases and Others), By Size (Twin or Single Size, Twin XL Size, Full or Double Size, Queen Size and Others), Application (Household and Commercial), Distribution (Offline Retail, Online Retail, Independent Retailers/ Exclusive Stores and Specialty Stores), End User (Hotel industry, Household, Hospitals 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.
Market Analysis and Insights of Smart Mattress Market
The smart mattress market is expected to be growing at a growth rate of 11.10% in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the factors responsible for fostering the growth of smart mattress market. This rise in smart mattress market value can be attributed to the various factors such as increasing awareness about the benefits of smart mattresses, rising popularity of connected devices, and increasing personal disposable income. Therefore, the market value, which was USD 1500 million in 2020, will shoot up to USD 3481.79 million by 2028.
Mattresses are the pads that are designed for the purpose of sleeping. A wide variety of materials is used to fill in the mattresses and is available in different sizes as per the requirement. Smart mattresses are designed to track the sleeping pattern of an individual and generate the information accordingly.
Rising demand for smart and eco-friendly mattresses and increasing personal disposable income are the major factors fostering the growth of smart mattress market. Ever-rising population, rising availability of all kinds of mattresses and growing health consciousness among the individuals are some other indirect smart mattress market growth determinants. Increasing penetration of smartphones and internet will also create lucrative and remunerative smart mattress market growth opportunities in the long run.
On the flip side, lack of product consciousness in the under developed economies will pose a major challenge to the growth of smart mattress market in the long run. Unstable prices of raw materials and rising cost wars among existing vendors will further derail the smart mattress market growth rate.
This smart 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, geographical expansions, technological innovations in the market. To gain more info on smart 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.
Mattress Smart Market Scope and Market Size
The smart mattress market is segmented on the basis of product, size, application, distribution channel, and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product, the smart mattress market is segmented into foam, hybrid, innerspring, latex, water bed, air bed, adjustable bases and others. Foam segment is sub-segmented into polyuratene, polyethylene, memory, gel, polyester, latex, convoluted, and evlon. Innerspring segment is sub-segmented into bonnel coils, pocket coils, continuous coils, and offset coils. Latex segment is sub-segmented into natural and synthetic.
- On the basis of size, the smart mattress market is segmented into twin or single size, twin XL size, full or double size, queen size, and others.
- On the basis of application, the smart mattress market is segmented into household and commercial.
- On the basis of distribution channels, the smart mattress market is segmented into offline retail, online retail, independent retailers/ exclusive stores, and specialty stores. Offline retail segment is sub-segmented into hypermarket and supermarket.
- On the basis of end user, the smart mattress market is segmented into hotel industry, household, hospitals and others.
Smart Mattress Market Country Level Analysis
The smart mattress market is analysed and market size, volume information is provided by country, product, size, application, distribution channel and end user as referenced above.
The countries covered in the smart mattress market report are the 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.
North America dominates the smart mattress market and will continue to flourish its trend of dominance during the forecast period owing to the wide scale acceptance and increased expenditure on research and development proficiencies. Asia-Pacific on the other hand will project the highest CAGR. Rising personal disposable income, rapid globalization, westernization, modernization, and rising awareness about the variety in mattresses are some major market growth determinants for this region.
The country section of the smart 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 Smart Mattress Market Share Analysis
The smart 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 smart mattress market.
The major players covered in the smart mattress market report are SERTA SIMMONS BEDDING, LLC, Sleep Number Corporation SLEEP NUMBER, Eight Sleep, Kingsdown, Inc., ReST, Tempur Sealy International, Inc., Leggett & Platt, Incorporated, Hilding Anders, DeRucci Inc., Recticel, Sleemon, Naturaliterie, Variowell-Development GmbH, Al Mattress, PARAMOUNT BED CO., LTD., Spring Air International. and Southerland Sleep 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.
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