SAN FRANCISCO, Oct. 1, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Mattresses - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 18; Released: April 2021
Executive Pool: 2493
Companies: 369 - Players covered include 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. and Others.
Coverage: All major geographies and key segments
Segments: Product Segment (Traditional Innerspring, Non-Innerspring (Specialty))
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Global Mattresses Market to Reach $47.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Mattresses estimated at US$34.4 Billion in the year 2020, is projected to reach a revised size of US$47.1 Billion by 2026, growing at a CAGR of 5.1% over the analysis period. Traditional Innerspring, one of the segments analyzed in the report, is projected to record a 4.1% CAGR and reach US$31.4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Innerspring (Specialty) segment is readjusted to a revised 7.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $9.9 Billion in 2021, While China is Forecast to Reach $9.4 Billion by 2026
The Mattresses market in the U.S. is estimated at US$9.9 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$9.4 Billion by the year 2026 trailing a CAGR of 7.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR. More
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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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