Amid the COVID-19 crisis and the looming economic recession, the Mattresses market worldwide will grow by a projected US$14.4 Billion, during the analysis period
NEW YORK, May 29, 2020 /PRNewswire/ -- Amid the COVID-19 crisis and the looming economic recession, the Mattresses market worldwide will grow by a projected US$14.4 Billion, during the analysis period, driven by a revised compounded annual growth rate (CAGR) of 5.1%. Traditional Innerspring, one of the segments analyzed and sized in this study, is forecast to grow at over 4.1% and reach a market size of US$31.4 Billion by the end of the analysis period. An unusual period in history, the coronavirus pandemic has unleashed a series of unprecedented events affecting every industry. The Traditional Innerspring market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned. Staying on top of trends and accurate analysis is paramount now more than ever to manage uncertainty, change and continuously adapt to new and evolving market conditions.
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As part of the new emerging geographic scenario, the United States is forecast to readjust to a 4.1% CAGR. Within Europe, the region worst hit by the pandemic, Germany will add over US$428 Million to the region's size over the next 7 to 8 years. In addition, over US$442.5 Million worth of projected demand in the region will come from Rest of European markets. In Japan, the Traditional Innerspring segment will reach a market size of US$1.7 Billion by the close of the analysis period. Blamed for the pandemic, significant political and economic challenges confront China. Amid the growing push for decoupling and economic distancing, the changing relationship between China and the rest of the world will influence competition and opportunities in the Mattresses market. Against this backdrop and the changing geopolitical, business and consumer sentiments, the world's second largest economy will grow at 8.4% over the next couple of years and add approximately US$3.8 Billion in terms of addressable market opportunity. Continuous monitoring for emerging signs of a possible new world order post-COVID-19 crisis is a must for aspiring businesses and their astute leaders seeking to find success in the now changing Mattresses market landscape. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include, among others, Casper Sleep Inc.; Corsicana Bedding Inc.; Innocor Inc.; King Koil; Kingsdown Inc.; Paramount Bed Co. Ltd.; Relyon Limited; Restonic Mattress Corporation; Serta Simmons Bedding LLC; Silentnight Group Ltd.; Sleep Number Corporation; Spring Air International; Tempur Sealy International Inc.
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MATTRESSES MCP-5
MARKET ANALYSIS, TRENDS, AND FORECASTS, JUNE 2
CONTENTS
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Mattresses - Addressing the Basic Human Need, Sleep Recent Market Activity Current and Future Analysis Growth Drivers in a Nut Shell Developing Markets to Drive Future Growth Market for Innerspring and Hybrid Mattresses Exhibit Significant Growth Specialty Mattresses Post Stronger Growth Foam and Latex Mattresses Exhibit Significant Demand Mattress Production Scenario Factors Influencing Mattress Purchase Ranking of Factors Influencing Mattress Purchase Global Competitor Market Shares Mattresses Competitor Market Share Scenario Worldwide (in %): 2020 & 2029 Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Amerisleep (USA) Casper Sleep Inc. (USA) Corsicana Bedding, Inc. (USA) Innocor, Inc. (USA) King Koil (USA) Kingsdown, Inc. (USA) Paramount Bed Co., Ltd. (Japan) Relyon Limited (UK) Restonic Mattress Corporation (USA) Serta Simmons Bedding, LLC (USA) Sleep Number Corporation (USA) Silentnight Group Ltd. (UK) Spring Air International (USA) Tempur Sealy International Inc. (USA)
3. MARKET TRENDS & DRIVERS
Key Factors Driving Growth of the Mattresses Market Ballooning Global Population & Increasing Urbanities Offer Significant Growth Opportunities Increasing Home Refurbishment Projects & Growing Home Ownership to Spur Growth Rising Incidence of Back Related Disorders to Benefit Market Prospects Rapid Expansion of Healthcare Industry Continues to Fuel Growth Expansion of Hospitality Sector Bodes Well for the Market Customization Bolsters Market Growth for Mattresses Multi-Functional Mattresses to Drive Future Growth Innovations Spur Growth Innovative Raw Materials Edge to Edge Coils Micro Coils Beds with Smart Technology Gel Mattresses Mattress with Temperature Control Capability Advancements in Foam Mattresses Nanofoam Mattresses Customized Mattresses Optimized Mattress Blocks Good Recovery and Limited Offerings Select innovative Mattress Rollouts Entering the Age of Smart Mattresses Mattresses with LED Lights Mattress with Body Massage Feature Mattresses with Biometric Sensors Setting the Right Temperature Mattress with Pressure Sensing Capabilities The Rise of the Bed-in-a-Box Concept Blurring Lines of Distinction between Specialty and Traditional Mattresses Startups Infuse Excitement Aggressive Strategies of Tech Start-ups Extending Presence to Physical Locations Physical Stores Dominate Overall Sales Innovative Take on Personalization of Mattresses Future Mattress Machinery to include Highly Automated Robots and Smart Machines Higher Preference for Environment-Friendly/Green Mattresses Organic Materials Drive the Mattress Market 100% Latex Bedding Grows in Demand Mattress Making Gets Easier with Innovative Technologies Pocket Spring Mattresses Remain Popular Gel Mattresses Evolve as a Comfort Option Allergen Protection Gains Focus Manufacturers Look to Engage Consumers' Visual & Olfactory Senses Mattress Manufacturers Embrace Advanced Components for Temperature Regulation Reticulated Foams for Better Airflow Modified Latex Foams Use of Gel Component or Gel Foams Phase-Change Materials to Store Latent Heat Innovative Textiles for Mattresses Mattresses with Electronic Cooling and Heating Systems Use of Innerspring Cores Thicker Mattresses Grow in Demand Need for Electricity Conservation by Waterbeds Offers New Food for Thought Consumer Interest Grows in Oversized Beds and Mattresses Comfort and Softness in Mattress is in Vogue More Focus on Comfort Traditional Futon Mattress Market Evolve with Changing Times Full-Sized Beds and Mattresses in Demand for Children Manufacturers & Suppliers Jostle to Offer Premium Bedding Products Mattress Upholstery Influences Buying Trends Opportunities Await Mattress Tapes Market Mattresses Evolve Constantly on the Backdrop of Innovations Manufacturers Eye Innovative Fibers Varieties Recycled Material for Mattress Fire-Resistant Fibers for Mattresses Renewable Fibers for Mattresses Noteworthy Trends in Mattress Ticking Market Focus on Foundation and Border Options Demand for Modern Designs and Looks Bolder Borders Use of Exciting Color Schemes Fabrics to Improve Comfort and Feel Ready to Use Covers All-In-One Knit Fabrics Coordination across Different Products Fabrics with Performance Features Mattress Manufacturers Targeting Millennials Mattress Brands Tapping Social Media
4. GLOBAL MARKET PERSPECTIVE
Table 1: Mattresses Global Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 2: Mattresses Global Retrospective Market Scenario in US$ Million by Region/Country: 2012-2019 Table 3: Mattresses Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027 Table 4: Traditional Innerspring (Product Segment) World Market by Region/Country in US$ Million: 2020 to 2027 Table 5: Traditional Innerspring (Product Segment) Historic Market Analysis by Region/Country in US$ Million: 2012 to 2019 Table 6: Traditional Innerspring (Product Segment) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027 Table 7: Non-Innerspring (Specialty) (Product Segment) Potential Growth Markets Worldwide in US$ Million: 2020 to 2027 Table 8: Non-Innerspring (Specialty) (Product Segment) Historic Market Perspective by Region/Country in US$ Million: 2012 to 2019 Table 9: Non-Innerspring (Specialty) (Product Segment) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2
VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS UNITED STATES Market Facts & Figures US Mattresses Market Share (in %) by Company: 2020 & 2025 Market Analytics Table 10: United States Mattresses Market Estimates and Projections in US$ Million by Product Segment: 2020 to 2027 Table 11: Mattresses Market in the United States by Product Segment: A Historic Review in US$ Million for 2012-2019 Table 12: United States Mattresses Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027 CANADA Table 13: Canadian Mattresses Market Estimates and Forecasts in US$ Million by Product Segment: 2020 to 2027 Table 14: Canadian Mattresses Historic Market Review by Product Segment in US$ Million: 2012-2019 Table 15: Mattresses Market in Canada: Percentage Share Breakdown of Sales by Product Segment for 2012, 2020, and 2027 JAPAN Table 16: Japanese Market for Mattresses: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2020-2027 Table 17: Mattresses Market in Japan: Historic Sales Analysis in US$ Million by Product Segment for the Period 2012-2019 Table 18: Japanese Mattresses Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027 CHINA Table 19: Chinese Mattresses Market Growth Prospects in US$ Million by Product Segment for the Period 2020-2027 Table 20: Mattresses Historic Market Analysis in China in US$ Million by Product Segment: 2012-2019 Table 21: Chinese Mattresses Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027 EUROPE Market Facts & Figures European Mattresses Market: Competitor Market Share Scenario: (in %) for 2020 & 2025 Market Analytics Table 22: European Mattresses Market Demand Scenario in US$ Million by Region/Country: 2020-2027 Table 23: Mattresses Market in Europe: A Historic Market Perspective in US$ Million by Region/Country for the Period 2012-2019 Table 24: European Mattresses Market Share Shift by Region/Country: 2012 VS 2020 VS 2027 Table 25: European Mattresses Market Estimates and Forecasts in US$ Million by Product Segment: 2020-2027 Table 26: Mattresses Market in Europe in US$ Million by Product Segment: A Historic Review for the Period 2012-2019 Table 27: European Mattresses Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027 FRANCE Table 28: Mattresses Market in France by Product Segment: Estimates and Projections in US$ Million for the Period 2020-2027 Table 29: French Mattresses Historic Market Scenario in US$ Million by Product Segment: 2012-2019 Table 30: French Mattresses Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027 GERMANY Table 31: Mattresses Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2020-2027 Table 32: German Mattresses Historic Market Analysis in US$ Million by Product Segment: 2012-2019 Table 33: German Mattresses Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027 ITALY Table 34: Italian Mattresses Market Growth Prospects in US$ Million by Product Segment for the Period 2020-2027 Table 35: Mattresses Historic Market Analysis in Italy in US$ Million by Product Segment: 2012-2019 Table 36: Italian Mattresses Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027 UNITED KINGDOM Table 37: United Kingdom Market for Mattresses: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2020-2027 Table 38: Mattresses Market in the United Kingdom: Historic Sales Analysis in US$ Million by Product Segment for the Period 2012-2019 Table 39: United Kingdom Mattresses Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027 SPAIN Table 40: Spanish Mattresses Market Estimates and Forecasts in US$ Million by Product Segment: 2020 to 2027 Table 41: Spanish Mattresses Historic Market Review by Product Segment in US$ Million: 2012-2019 Table 42: Mattresses Market in Spain: Percentage Share Breakdown of Sales by Product Segment for 2012, 2020, and 2027 RUSSIA Table 43: Russian Mattresses Market Estimates and Projections in US$ Million by Product Segment: 2020 to 2027 Table 44: Mattresses Market in Russia by Product Segment: A Historic Review in US$ Million for 2012-2019 Table 45: Russian Mattresses Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027 REST OF EUROPE Table 46: Rest of Europe Mattresses Market Estimates and Forecasts in US$ Million by Product Segment: 2020-2027 Table 47: Mattresses Market in Rest of Europe in US$ Million by Product Segment: A Historic Review for the Period 2012-2019 Table 48: Rest of Europe Mattresses Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027 ASIA-PACIFIC Table 49: Asia-Pacific Mattresses Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 50: Mattresses Market in Asia-Pacific: Historic Market Analysis in US$ Million by Region/Country for the Period 2012-2019 Table 51: Asia-Pacific Mattresses Market Share Analysis by Region/Country: 2012 VS 2020 VS 2027 Table 52: Mattresses Market in Asia-Pacific by Product Segment: Estimates and Projections in US$ Million for the Period 2020-2027 Table 53: Asia-Pacific Mattresses Historic Market Scenario in US$ Million by Product Segment: 2012-2019 Table 54: Asia-Pacific Mattresses Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027 AUSTRALIA Table 55: Mattresses Market in Australia: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2020-2027 Table 56: Australian Mattresses Historic Market Analysis in US$ Million by Product Segment: 2012-2019 Table 57: Australian Mattresses Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027 INDIA Table 58: Indian Mattresses Market Estimates and Forecasts in US$ Million by Product Segment: 2020 to 2027 Table 59: Indian Mattresses Historic Market Review by Product Segment in US$ Million: 2012-2019 Table 60: Mattresses Market in India: Percentage Share Breakdown of Sales by Product Segment for 2012, 2020, and 2027 SOUTH KOREA Table 61: Mattresses Market in South Korea: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2020-2027 Table 62: South Korean Mattresses Historic Market Analysis in US$ Million by Product Segment: 2012-2019 Table 63: Mattresses Market Share Distribution in South Korea by Product Segment: 2012 VS 2020 VS 2027 REST OF ASIA-PACIFIC Table 64: Rest of Asia-Pacific Market for Mattresses: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2020-2027 Table 65: Mattresses Market in Rest of Asia-Pacific: Historic Sales Analysis in US$ Million by Product Segment for the Period 2012-2019 Table 66: Rest of Asia-Pacific Mattresses Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027 LATIN AMERICA Table 67: Latin American Mattresses Market Trends by Region/Country in US$ Million: 2020-2027 Table 68: Mattresses Market in Latin America in US$ Million by Region/Country: A Historic Perspective for the Period 2012-2019 Table 69: Latin American Mattresses Market Percentage Breakdown of Sales by Region/Country: 2012, 2020, and 2027 Table 70: Latin American Mattresses Market Growth Prospects in US$ Million by Product Segment for the Period 2020-2027 Table 71: Mattresses Historic Market Analysis in Latin America in US$ Million by Product Segment: 2012-2019 Table 72: Latin American Mattresses Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027 ARGENTINA Table 73: Argentinean Mattresses Market Estimates and Forecasts in US$ Million by Product Segment: 2020-2027 Table 74: Mattresses Market in Argentina in US$ Million by Product Segment: A Historic Review for the Period 2012-2019 Table 75: Argentinean Mattresses Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027 BRAZIL Table 76: Mattresses Market in Brazil by Product Segment: Estimates and Projections in US$ Million for the Period 2020-2027 Table 77: Brazilian Mattresses Historic Market Scenario in US$ Million by Product Segment: 2012-2019 Table 78: Brazilian Mattresses Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027 MEXICO Table 79: Mattresses Market in Mexico: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2020-2027 Table 80: Mexican Mattresses Historic Market Analysis in US$ Million by Product Segment: 2012-2019 Table 81: Mexican Mattresses Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027 REST OF LATIN AMERICA Table 82: Rest of Latin America Mattresses Market Estimates and Projections in US$ Million by Product Segment: 2020 to 2027 Table 83: Mattresses Market in Rest of Latin America by Product Segment: A Historic Review in US$ Million for 2012-2019 Table 84: Rest of Latin America Mattresses Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027 MIDDLE EAST Table 85: The Middle East Mattresses Market Estimates and Forecasts in US$ Million by Region/Country: 2020-2027 Table 86: Mattresses Market in the Middle East by Region/Country in US$ Million: 2012-2019 Table 87: The Middle East Mattresses Market Share Breakdown by Region/Country: 2012, 2020, and 2027 Table 88: The Middle East Mattresses Market Estimates and Forecasts in US$ Million by Product Segment: 2020 to 2027 Table 89: The Middle East Mattresses Historic Market by Product Segment in US$ Million: 2012-2019 Table 90: Mattresses Market in the Middle East: Percentage Share Breakdown of Sales by Product Segment for 2012,2020, and 2027 IRAN Table 91: Iranian Market for Mattresses: Annual Sales Estimates and Projections in US$ Million by Product Segment for the Period 2020-2027 Table 92: Mattresses Market in Iran: Historic Sales Analysis in US$ Million by Product Segment for the Period 2012-2019 Table 93: Iranian Mattresses Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027 ISRAEL Table 94: Israeli Mattresses Market Estimates and Forecasts in US$ Million by Product Segment: 2020-2027 Table 95: Mattresses Market in Israel in US$ Million by Product Segment: A Historic Review for the Period 2012-2019 Table 96: Israeli Mattresses Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027 SAUDI ARABIA Table 97: Saudi Arabian Mattresses Market Growth Prospects in US$ Million by Product Segment for the Period 2020-2027 Table 98: Mattresses Historic Market Analysis in Saudi Arabia in US$ Million by Product Segment: 2012-2019 Table 99: Saudi Arabian Mattresses Market by Product Segment: Percentage Breakdown of Sales for 2012, 2020, and 2027 UNITED ARAB EMIRATES Table 100: Mattresses Market in the United Arab Emirates: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2020-2027 Table 101: United Arab Emirates Mattresses Historic Market Analysis in US$ Million by Product Segment: 2012-2019 Table 102: Mattresses Market Share Distribution in United Arab Emirates by Product Segment: 2012 VS 2020 VS 2027 REST OF MIDDLE EAST Table 103: Mattresses Market in Rest of Middle East: Recent Past, Current and Future Analysis in US$ Million by Product Segment for the Period 2020-2027 Table 104: Rest of Middle East Mattresses Historic Market Analysis in US$ Million by Product Segment: 2012-2019 Table 105: Rest of Middle East Mattresses Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027 AFRICA Table 106: African Mattresses Market Estimates and Projections in US$ Million by Product Segment: 2020 to 2027 Table 107: Mattresses Market in Africa by Product Segment: A Historic Review in US$ Million for 2012-2019 Table 108: African Mattresses Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 269
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