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Sleeping Mattress Market 2021: Comprehensive Study Explores Huge Growth In Future
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The sleeping mattress market is poised for growth, driven by AI and eco-friendly trends, with a projected value of $39.9 billion by 2027.
“Artificial intelligence along with smart sensors and embedded sleep tracking pads are likely to revolutionize the global sleeping mattress market in near future“
According to a new report published by Allied Market Research, titled, The sleeping mattress market size was valued at $33.2 billion in 2019, and is estimated to reach $39.9 billion by 2027, registering a CAGR of 5.2% from 2021 to 2027. In-depth analysis and the sleeping mattress market size and segmentation assist to determine the prevailing sleeping mattress market opportunities.
A sleeping mattress is a large flat object, which is filled with resilient materials such as cotton, feathers, foam rubber, or an arrangement of coiled springs and placed over the bed structure to have a comfortable sleep. Furthermore, water, air, or a variety of natural fibres can be used in the production of mattress.
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Additionally, organic and natural mattress are gaining popularity in the recent years. The customers are growing concern regarding the environment and are choosing the environmentally conscious products over the other products. Furthermore, the customers can find many options to buy natural and organic mattress like a brand-named Botanical bliss and Avocado offers organic mattress and also it has vegan mattress too. These brands contain organic cotton and natural wool as per the demand.
The sleeping mattress market growth is majorly driven by increase in demand for household constructions, and rapid urbanization. Furthermore, recent years have seen high traction for customized products in the global market. As a result, engaged players are also focusing on mattress customization. Additionally, fully customized mattress are only supplied by few player and they customize the mattress in their local workshops.
The global sleeping mattress market segment includes product type, end user, distribution channel, and region. Depending on product type, the market is segregated into memory foam, latex, innerspring, and hybrid. The end, user covered in the study include residential and commercial. On the basis of distribution channel, the market is bifurcated into online and offline.
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Region wise, it is analysed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, and rest of Europe), Asia-Pacific (China, India, Japan, ASEAN, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Rest of LAMEA).
Some of the major players profiled in the sleeping mattress market analysis include Kurl-On Ltd, Kingdsdwon, Leggett & Platt Incorporated, Paramount Bed Co Ltd, Saatva, Serta Simmons, Silentnights Groups, Sleep Number Corporation, Spring Air, and Tempur Sealy.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to offer business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
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The article discusses the growth and trends in the global sleeping mattress market.
AI technology, smart sensors, and demand for organic mattresses are key drivers.
Major players include Kurl-On, Kingdsdwon, and Tempur Sealy.
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