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2020-03-14
650
Global
Mattresses have become the necessity of human life, used by all segments of society from low-income groups to the high-income groups of people. The material and quality of the mattress purchased differ as per the price and comfort required. On average, a mattress lifespan ranges between 7-15 years. The personal disposable income of a person and their support and comfort requirement is majorly driving the growth of the market. Low-income groups of people and a percentage of masses, in general purchase the mattress from the local vendors or they make a mattress on their own. Therefore the presence of local vendors is the major growth barrier to the global mattress manufacturing market.
In the U.S. there exist nearly 600 bedding companies manufacturing mattresses including both large and local manufacturers. Also, the U.K. manufactured mattresses valued nearly USD 1146 million in 2017. Further, the advancing technology has put its foot even in mattress manufacturing, where it can automatically control the temperature, airflow, ideal pressure, and support.
By Product
Innerspring mattresses accounted for the largest market share of 29.7% in 2017, followed by memory foam and latex foam mattresses. Over the forecast period, smart mattresses are expected to grow the highest CAGR of 7.61%.
By Size
By Price
By Distribution Channel
By End-User
By Geography
Based on geography, North America accounted for the largest market share of 23.7% in 2017 but over the forecast period, the Asia-Pacific region is expected to dominate the market share on the back of a large population in the APAC region and the growing hospitality and healthcare sectors demanding mattresses.
The report covers the present ground scenario and the future growth prospects of the mattress manufacturing market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.
Global Mattress Manufacturing Market Outlook 2017-2025, has been prepared based on in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Global mattress manufacturing market space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Mattress Manufacturing Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.
Our Global mattress manufacturing market report comprises of the following companies as the key players: Kingsdown, Sleep Number, Serta, Spring Air Company, Tempur Sealy International, Leggett & Platt, Corsicana Bedding, McRoskey Mattress, Hästens Sängar, Restonic Mattress, Relyon Beds, Southerland Bedding, etc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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