Global Mattresses Market Sales Expected to Rise during the Forecast of 2011-2021
The global mattress market Sales is expected to increase from $24,675.7 million in 2016 and reach $38,078.1 million by 2022, growing at a CAGR of 6.5%.
Albany, New York, December 1, 2016: Market Research Hub has recently added a new report, titled “Global Mattresses Sales Market Report 2016” to their repository. This research study signifies a thorough analysis of the global mattress market by value, market share by region and international trade of the mattresses. Additionally, growth of the global mattress market has also been forecasted for the period 2011-2021, taking into consideration previous growth outlines, growth drivers and the existing and forthcoming trends.
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In terms of geography, the global mattresses market is segmented into USA, Southeast Asia, Europe, China, Japan, and India. Each regional market has been assessed on the basis of production, market share, consumption, revenue, and growth rate. In the last few years, the mattress industry has witnessed a drastic change from a slow-growing sector to an innovative, stylish and dynamic market place. This ongoing popularity of mattresses is also reflected in its international sales. In 2014, the U.S. mattress manufacturing industry reported a revenue of $8 billion, which shows an increase over the year 2012 and 2013. Currently, Asia Pacific is largest as well as fastest growing market and is expected to retain the same position during the next six years as well.
The report begins with the overview of the mattresses along with its classification and application. Mattresses are designed in such a way that provides comfort which is needed to relax. Owing to the needs and specification of the consumers, numerous types of mattresses are available in the market. Some popular mattresses on the basis of size are king mattress, queen mattress, twin mattress etc. On the basis of materials used in the mattresses, they are classified as innerspring mattress, hybrid mattress and foam mattress etc. Innerspring mattresses are the most popular mattresses among customers across the world.
Major factors driving the growth of the market of mattress industry sales is the increasing number of households with more bedrooms, consumer awareness towards health benefits of good sleep and growth of innovative material by the global manufacturers.
Some of the key players in the mattress industry are also mentioned such as:
• Tempur Sealy International Inc.
• Kingsdown Inc.
• Select Comfort Corp.
• Restonic Mattress Corp.
• Serta Inc.
• Simmons Bedding Co.
• Laggett and Platt Inc.
• Spring Air International LLC
• Sleep Inc.
• Southerland Bedding Co.
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A brief company profiling of these major market players has been provided in the report on the basis of key aspects like business overview, financial overview and business strategies adopted by these companies in order to grow in the market.
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Global Mattresses Sales Market Report 2016 Size and trends Published in Retail on 2016-11-16 Available for $4000.
Dec 01, 2016