A mattress is a large pad for supporting the reclining body used as a bed or as part of a bed. To view the original version on the express wire visit bed mattress market 2019.
Mattress Market Growth Trends Forecast
Latest report available at orbis research mattress market provides pin point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.
Mattress industry growth. The growth in the mattress market is largely led by factors such as increased income levels and infrastructural developments in terms of increased number of residential units and hotels in the country. Mattress market global industry analysis size share growth trends and forecast 2016 2024 sleep is a biological need that plays a vital role in maintaining metabolic homeostasis. Mattress market growth trends and forecast 2020 2025 global mattress market is segmented by product type innerspring mattresses memory foam mattresses latex mattresses airbed mattresses other product types by application household and commerical distribution channel offline retail and online retail and geography.
Global industry trends sales revenue industry growth development status top leaders future plans and. This report forecasts revenue growth at the global regional and country levels and provides an analysis of the latest industry trends in each of the sub segments from 2015 to 2025. Consumers are becoming aware of the importance of having good quality sleep as it helps in regulating metabolism immune function and influencing memory and other body functions.
In 2016 the market share for online mattress sales was 5 and its expected that the number for 2017 could be at least double that. The global mattress market valued at 311 billion in 2017 and it is projected to grow at a cagr of 38 between 2018 and 2023. For the purpose of this study grand view research has segmented the global mattress market report on the basis of product application and region.
Demand for construction in both residential and institutional is growing in india with the rising awareness regarding mattress types and brands. In 2017 the estimated value of the online mattress sales industry was 15 billion. Amplified growth of indias mattress industry.
Europe is expected to witness the fastest growth in the industry during the forecast period. Mattress firm and select comfort combine for over 42 of the industry revenues that are generated by bed and mattress retail outlets. Because of this no scientific analysis on the size of this.
From 2012 2017 the industry experienced an annual average rate of growth of 56. The mattress industry in india is an amalgamation of the organized and the unorganized. While tech startups and the sleep industry may seem like strange bedfellows at first its clear that consumers are embracing the chance to get in bed with the idea.
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