Published on : May 15, 2018
Albany, New York, May 15, 2018: It has been noted that, demand for quality sleeping mattresses has been increasing since the past few years. Furthermore, there are strong expectation that the growth will occur at a considerable rate in the near future. The use of components such as hair, straw and feather for making mattresses is quite renowned, and their demand is also noted to rise in the coming years. Hence, to study the market for mattress and mattress component, Market Research Hub (MRH) has included a new study titled “Mattress and Mattress Component Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”, to its broad research storehouse.
The research report starts with the market definition and scope, followed by key research objectives. Readers can access useful information such as market dynamics (drivers, restraints and opportunities), together with market revenue and projections in the initial section of the report. Porter’s Five Forces Analysis is also included to offer a precise knowledge about the competitive dashboard in the global mattress and mattress component market. It comprises of vital aspects such as bargaining power of suppliers, threat from new entrants, bargaining power of buyers, threat from substitutes, as well as threat from competition. As per key research findings, there has been a prominent shift in consciousness related to mattresses. The consumers are willing to pay extra amount to access luxury bedding products. In addition, growth in housing, hotel industries and hospitals, are seen as major factors motivating the rise in demand for mattresses on the global level.
The research does offer a clear insight about the introduction of different types of mattresses like latex mattress, memory foam mattress, hybrid mattress and innerspring mattress, in order to judge their impact on the overall mattress and mattress component market. Market segmentation based on geography divided the global mattress market into North America, Europe, Middle East & Africa, Asia Pacific and South America. Interestingly, Asia Pacific acquired the largest regional market share in 2017 of followed by North America and Europe. Based on product type, the market is segregated into foam, latex, innerspring, hybrid and others.
The final section provides a detailed company market share analysis focusing on key players functioning in the mattress industry. This report examines some of the key players such as Tempur-Pedic International, Inc., Serta, Inc., Simmons Bedding Company LLC, Spring Air Company, Southerland Bedding Co., Select Comfort, Sealy Corporation, King Koil, Inc., Kingsdown, Inc., Silentnight Group, Relyon Limited and Zhejiang Huaweimei Group Co. Ltd.
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