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Mattress Market: The global market is expected to grow at a CAGR of 6.7% during the forecasted period.

02-06-2024 01:10 AM CET | Health & Medicine

Press release from: Evolve Business Intelligence

Mattress Market: The global market is expected to grow at a CAGR

As per the study initiated by Evolve Business Intelligence, the global Mattress Market size accounted for USD 50.61 billion in 2022, growing at a CAGR of 6.7% from 2023 to 2033. The global mattress market is experiencing significant growth, with a projected CAGR ranging from 6.46% to 6.70% over the next decade. The market is analyzed based on product (foam, hybrid, innerspring, latex, water bed, air bed, adjustable bases, and others), size, application (household and commercial), distribution channel (offline retail, online retail, independent retailers/exclusive stores, and specialty stores), and end user (hotel industry, household, hospitals, and others). The market is being primarily driven by the increasing demand for environmentally sustainable and eco-friendly products, as well as technological advancements within the industry. The Asia-Pacific region holds the largest market share, and key players in the market are making substantial investments to drive innovation and fuel market expansion.

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Key Highlights:
• The global Mattress Market size was valued at USD 50.61 billion in 2022 growing at a CAGR of 6.7% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Mattress Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..

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Key Players
Some of the major Mattress Market players holding high market shares include Tempur Sealy International, Inc., Serta Simmons Bedding LLC, Spring Air International and Sleep Number Corp.. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Tempur Sealy International, Inc.
• Serta Simmons Bedding LLC
• Spring Air International
• Sleep Number Corp.
• Kingsdown, Inc.
• Southerland Sleep
• Boll & Branch
• Casper Sleep Inc.

Segmental Analysis
Market Segment By Type
• Innerspring
• Foam
• Hybrid
• Others

Market Segment By Size
• Single
• Double
• Queen
• King

Market Segment By End-use
• Household
• Commercial

Market Segment By Distribution Channel
• Offline
• Online

For more information: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=022081

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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Evolve Business Intelligence
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Email: sales@evolvebi.com
Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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