Major demand arising for Innerspring and King size mattress driving the overall mattress market

Date: 1 February 2020

According to a research report published by Azoth Analytics in January 2020, the Global Mattress Market was valued at USD 29492.4 million in the year 2019. Primarily, the growth in the market for Mattress will be chiefly supported by growing awareness among consumers regarding benefits of healthy sleep and wide availability of different types and sizes of mattresses coupled with enhanced focus of manufacturers on offering smart beds, will push the mattress market growth in the coming years.

Global Mattress market will be majorly driven by growing urbanization with presence of heavy population base and ever-growing availability of various types and sizes of mattresses in various countries across the world. With burgeoning demand arising for Innerspring and King size mattress, leading global manufacturers are focusing on providing quality products to consumers in order to meet their expectations supported by rising investment in geographical expansion. These factors are expected to drive remarkable growth in the market for Mattress during the coming years.

Moreover, domestic users will be witnessing notable growth in the market primarily on the back of growing adoption of nuclear family with rising expenditure on household furnishing with government taking various initiatives to offer affordable houses to consumers in emerging economies including China, India, among others coupled with growing investment in online channel of distribution with prevalence of attractive discounts and adoption of promotional strategies will be pulling the market growth.

Furthermore, among the regions, Asia Pacific is anticipated to attain the highest market share followed by North America and Europe, chiefly due to presence of huge consumer base coupled with enhanced focus of leading global manufacturers on covering most of the economies in their geographical operations so as to tap the market potential and utilize the changing sleeping practices of consumers, which has been forecasted to push the market growth in future.

The Azoth Analytics research report titled Global Mattress Market (2020 Edition) - MarketInsight, Competition and Forecast (2020-2025)  has analysed and segmented the Mattress Market by Value (USD million). The report has analysed the Mattress Market By Product Type (Innerspring, Latex, Memory Foam, and Others), By Size (King, Queen, Full, and Others) and By End User (Domestic and Commercial). The Global Mattress Market has been analysed By Region (North America, Europe, Asia Pacific) and By Country (US, Canada, Germany, China and India) for the forecast period of 2020-2025.