Latex Mattress Market Analysis, Size, Growth, Share, Trend, Outlook & Forecast to 2025
The global latex mattress market size is anticipated to reach USD 12.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.8% over the forecast period. Growing preference for luxury lifestyle catering to better sleeping products is anticipated to fuel the growth of the market over the forecast period. Latex mattress witnesses increasing demand as a result of growing incidences of back problems and joint pain due to poor quality mattress, resulting in inadequate sleep. Therefore, market witnesses increased spending on mattresses as a need to promote mental and physical health, which is expected to increase latex mattress market demand over the forecast period. Latex mattress has the ability to heal natural alignment of spine and provides quality sleep owing to its comfort and cushioning properties. Thus, proper distribution of body pressure in order to support the natural spine curvature also helps in improving blood circulation, which ultimately acts as a bonus for health and wellness. It also helps in promoting pain relief and is recommended by osteopaths, therapists, and chiropractors. Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/latexmattress-market? The market is recognized by few initiatives such as limited extension, mergers and acquisitions, and online sales and development. Key players in the business include Nike, Inc.; The Children's Place; Crocs
Retail, LLC; Stride Rite; New Balance; Converse; Puma SE; ASICS America Corporation; SKECHERS USA, Inc.; and Adidas AG. Thus, manufacturers are taking constant efforts in developing newer products in the market with upgraded technology so as to deliver the best of products in the segment. For instance, in October 2018,Innocor Inc. had launched an Amazon exclusive brand called Revel with its Innocor Foam Technologies, which serves commercial customers.
Further key findings from the report suggest:
The blended mix segment generated a revenue of USD 3.1 billion in 2018
The commercial application segment is expected to expand at a CAGR of 7.1% over the forecast period
Asia Pacific is the fastest growing region, expanding at a CAGR of 7.4% from 2019 to 2025
Top players operating in the market include Sleep On Latex, Simmons Bedding Company LLC., Astrabeds LLC, Spindle, Dreamfoam Bedding, Sleep Number Corporation, PlushBeds, Royal-Pedic Mattress Mfg., and Spring Air International.
Grand View Research has segmented the global latex mattress market by type, application, and region: Latex Mattress Type Outlook (Revenue, USD Million, 2015 - 2025) Blended Mix
Natural
Synthetic
Latex Mattress Application Outlook (Revenue, USD Million, 2015 - 2025) Residential
Commercial
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Latex Mattress Regional Outlook (Revenue, USD Million, 2015 - 2025) North America o
U.S.
Europe o
Germany
o
U.K
Asia Pacific
o
China
o
India
Central & South America o
Brazil
Middle East & Africa
Table of Content Chapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.2. Market Definition 1.3. Information Procurement 1.3.1. Purchased Database 1.3.2. GVR’s Internal Database 1.3.3. Secondary Sources & Third-Party Perspectives 1.3.4. Primary Research 1.4. Information Analysis 1.4.1. Data Analysis Models 1.5. Market Formulation & Data Visualization 1.6. Data Validation & Publishing Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Segmental Outlook 2.3. Competitive Insights Chapter 3. Latex Mattress Market Variables, Trends & Scope 3.1. Market Introduction 3.2. Penetration & Growth Prospect Mapping Continue……….. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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