The report on
‘Mattress
Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2013 – 2019’ enumerates growth
projections for mattresses according to product type and geography.
The report presents an in-depth study of the current market trends,
and features an analytical assessment of the growth drivers and
restraints in this industry.
The report makes use
of primary and secondary research efforts to establish accurate
growth figures, and offers insights into the macro and micro factors
that will likely induce growth.
The report also
takes a look at various technological advances that have shaped the
mattress industry in the recent past. Further, an in-depth analysis
of the position of buyers, suppliers, and manufacturers is carried
out using Porter’s five forces. A step-by-step assessment of the
value chain of the mattress market adds coherence to the market
figures stated in this research report. Overall, this market research
is poised to supplement strategic decision making for new as well as
established market players.
Overview
A mattress is a
heavy fabric case that contains a filling of foam, cotton, hair, or
straw. The case is either fastened or quilted to keep its contents
from spilling over. Mattresses have been in use for hundreds of
centuries. In the contemporary scenario, mattresses can be classified
into the following types: air, foam, innerspring, and non-innerspring
(or specialty) mattresses. Specialty or non-innerspring mattresses
can be further classified into airbeds, waterbeds, and viscoelastic
foam mattresses.
The production of
mattresses has emerged as a lucrative business thanks to a marked
improvement in manufacturing techniques and the availability of new,
more affordable materials. These aspects have consequently improved
profit margins of industry players.
Moreover, consumers
with a higher disposable income are conscious of the brand and
comfort associated with a mattress. So, the mattress market is
reaping the benefits of the improving housing and aesthetics market.
The category of high-quality mattresses deserves a special mention as
it has considerably grown in popularity. These mattresses address
health-related attributes of users as well as environment safety. The
market for innovative products such as intelligent mattresses, pillow
top bed has only just picked up, and will likely stoke the further
growth of the high-quality mattress market.
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Medical
practitioners have long stressed on the importance of sound sleep for
better overall health, and the mattress market plays a key role in
helping consumers follow a good sleep routine. Thus, it is now not
uncommon to see younger consumers spend unprecedented amounts of
money on purchasing a superior quality mattress. But, it is also this
high cost that is expected to act as a barrier to growth in some
markets – especially in markets where cost-conscious consumers
abound.
Hitherto, the U.S.
has been a leader in terms of both production and consumption of
mattresses. But, economies of the developing world have demonstrated
a healthy growth pace and will bring in cost-competitiveness in this
market. These include countries in Europe and Asia Pacific,
especially India and China.
This report also
states that non innerspring mattress (specialty) is poised to show
the highest growth, and will continue to do so in the coming years.
Companies
mentioned
This report mentions
the following key players in the global mattress market: Tempur-Pedic
Management Inc., Comfort Solutions, Reylon Limited, Kingsdown Inc.,
Serta International, Spring Air International LLC, and Simmons
Bedding Company.
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Transparency Market
Research (TMR) is a global market intelligence company providing
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TMR’s data
repository is continuously updated and revised by a team of research
experts so that it always reflects the latest trends and information.
With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research
techniques to develop distinctive data sets and research material for
business reports.
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