Global Mattress Market 2018-2022| Introduction of Smart Mattresses to Boost Growth| Technavio

Technavio has published a new market research report on the global mattress market from 2018-2022. (Graphic: Business Wire)

LONDON--()--The global mattress market is expected to post a CAGR of more than 7% during the period 2018-2022, according to the latest market research report by Technavio.

A key factor that will drive the market is the growing healthcare and hospitality industry. The global healthcare industry has been attracting governmental and private investments for development of infrastructure and expansion of healthcare facilities. This will lead to a corresponding increase in the demand for mattresses.

This market research report on the global mattress market 2018-2022 provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

In this report, Technavio highlights the introduction of smart mattresses as one of the key emerging trends in the global mattress market:

Global mattress market: Introduction of smart mattresses

Smart mattresses enable users to track sleeping hours and sleep movements of people. Such mattresses are characterized by distant operability, automatic angle adjustments, and alarm-setting features. For instance, Select Comfort offers smart mattresses that track and optimize sleep patterns using the SleepIQ technology. The mattress tracks the average breathing rate, average heart rate, the presence of the user in bed, and other aspects.

“The incorporation of smart features in mattresses helps in improving convenience, comfort, and the overall sleeping experience of consumers. The launch of smart mattresses will increase the overall demand for mattresses. Another trend contributing to the growth of the global mattress market is the growing demand for eco-friendly mattresses which are free from volatile organic compounds, hypoallergenic materials, non-toxic fire barrier methods, and pesticide residues,” says a senior analyst at Technavio.

Global mattress market: Segmentation analysis

This market research report segments the global butyl acetate market by product (innerspring, memory foam, latex, and others) and geographical regions (APAC, EMEA, and the Americas).

APAC led the market in 2017 with a market share of 41%, followed the Americas and EMEA respectively. The market share of APAC is expected to increase by close to 3% over the forecast period while the other two regions will see a decrease in their respective market shares. The global mattress market has been witnessing a significant demand over the last decade owing to evolving consumer lifestyles, rise in disposable income, and changing consumer spending patterns. In addition, the steady growth in the real estate industry across the world post the 2008 recession is also contributing to the growth of the market.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

The global mattress market is expected to post a CAGR of more than 7% during 2018-2022, according to the latest market research report by Technavio.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com