There is an increasing awareness amongst consumers regarding the significance of having quality sleep because it aids in regulating the immune function, metabolism, and also has a great impact on memory and the functioning of other body parts. Due to this, the demand for good quality sleeping mattresses is on the rise and is predicted to remain so in the coming years. Nowadays, flexible polyurethane foam, latex, and innerspring are being employed for making good quality mattresses. The global mattresses market is rising due to the increasing count of hotels, hospitals, and housing globally. In addition, the rising demand for premium quality bedding accessories and mattresses for having sound sleep will bolster the growth of this market.
Browse the full Global Mattress Market Report:http://www.mrrse.com/mattress-market
Increasing Inclination toward Interior Designing and Home Furnishing to Bode Well for Mattresses Market
The increasing disposable incomes in emerging nations and the growing economic stability post-recession in developed nations will positively impact the development of the global mattresses market. In addition, the increasing inclination toward interior designing and home furnishing in a number of nations globally will also provide impetus to the growth of the global mattresses market. The rising occurrence of numerous health concerns owing to sleeping surfaces that are uncomfortable and sleep disorders will fuel the growth of the global mattresses market.
Innerspring Mattresses Held a Share of Around 80% in 2015
There are primarily five product segments in the market, namely, hybrid, memory foam, latex mattresses, innerspring, and others including filled mattresses, water bed mattresses, and gel filled mattresses. Amongst these, the segment of innerspring mattresses is leading the market and constituted a share of approximately 80% in 2015. This segment is expected to maintain its superiority from 2016 to 2024, exhibiting a CAGR of 6.10% between 2016 and 2024.
Twin XL Mattresses to Exhibit Highest Growth Opportunities by 2024
In terms of size, the market is categorized into full or double size mattresses, twin or single size mattresses, twin XL size mattresses, queen size mattresses, king size mattresses, and others. Amongst these, the segment of queen size mattresses led the market with a share of 33.1% in 2015. This is due to queen-sized mattresses’ cost-friendly and space-friendly nature. The full or double sized mattresses segment held a share of 21.6% in the same year and is predicted to experience a moderate growth rate by 2024. On the other hand, the twin XL mattresses segment is anticipated to rise at the swiftest 8.20% CAGR between 2016 and 2024.
Browse the full Press Release of Global Mattress Market at :http://www.mrrse.com/global-mattress-market
Asia Pacific Mattresses Market Holds a Dominant Share
Geographically, the global mattresses market is segmented into Europe, North America, Asia Pacific, and Rest of Europe. Amongst these, Asia Pacific is at present the dominant market on the basis of revenue. This market is also predicted to hold lucrative opportunities in forthcoming years. This is due to the fact that this region is experiencing a huge rise in construction activities in both the domestic and commercial sectors. North America and Europe trailed Asia Pacific and held the second and third position in the market, respectively. These two regions are expected to hold promising opportunities in this market in forthcoming years.
The prominent players in the mattresses market are Tempur-Pedic International, Inc., Spring Air Company, Select Comfort, Sealy Corporation, Zhejiang Huaweimei Group Co. Ltd., and Relyon Limited, among others.