Global Mattress Market Is anticipated to grow with a CAGR of more than 7% by 2027
The Industry insights of the “Global Mattress Market” Research Outlook 2027” help with the successful launch of a new product. This market report efficiently collects, analyses, and evaluates information about a product or service to be offered for sale in that market. This market research report makes it easy to attain customer demographics which form the core of any business. This report studies Potential clients for the product or service and their characteristics, spending habits, location, and needs of its target market.
From the available evidence, it seems certain that the concept of the mattress originated during prehistoric times. With the increasing technological advancements and disposable income, currently, an average consumer replaces a mattress every 8 years. The report on Global Mattress Market Overview, 2022-2027, by Actual Market Research is a balanced blend of factual based information, valuable insights, and implementable recommendations for both, the existing companies in the industry as well as the potential new entrants. The overall mattress market is anticipated to have around USD Billion market size by 2027 and is expected to grow with a CAGR of more than 7%. Mainly attributed to the rising disposable income and increasing awareness among the people about the detrimental effects of chemical-based mattresses, the market is to prove profitable.
In 2019, the global hotel industry was worth USD 570 Billion. This incline in the hotel industry has a great influence on the mattress market. Commercial grade mattresses are designed for the extra abuse that hotels and resorts get. They have higher coil counts and reinforcements that are only found in commercial grade designs. In addition, the various government policies related to real estate and growing disposable income have led to a surge in the homeownership rate, thereby supporting the growth of the market.
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COVID-19 IMPACT: We are in a continuous process of evaluating the impact of the Covid-19outbreak on the world mattress sector. The first results are already taken into account in this report.
Considered in this report
• Geography: Middle East & Africa
• Historic Year: 2016
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2027
Aspects covered in this report
• Market Size By Value for the historic period (2016-2021)
• Market Size By Value for the forecast period (2022-2027)
• Market Size By Value for Innerspring Mattress (2016-2027)
• Market Size By Value for Latex Mattress (2016-2027)
• Market Size By Value for Memory Foam Mattress (2016-2027)
• Market Size By Value for Other types of Mattress (2016-2027)
Strategic recommendation Regions covered in the report
• North America
• Asia Pacific
• Latin America
• Middle East & Africa
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