The mattress and furniture bags market, currently valued at US$ 150 billion in 2022, is set for steady growth with a projected CAGR of 4.5% from 2022 to 2032, reaching an estimated valuation of US$ 232.95 billion by 2032. In the modern era, where stress and mental burdens abound, sleep has emerged as a crucial means of rejuvenation. As a result, it is no longer just a routine activity but a fundamental aspect of well-being.
Key players in the mattress and furniture industry recognize the growing importance of sleep and are continually innovating to cater to consumers’ evolving needs. While the last major innovation came decades ago with memory foam mattresses and adjustable beds, recent developments are focused on hyperelastic polymer grids. These grids possess the unique ability to stretch and conform to the body’s pressure points, resulting in mattresses that adapt to the individual’s body shape.
This renewed focus on innovation demonstrates the industry’s commitment to enhancing sleep quality and comfort, reaffirming sleep as a vital aspect of our overall health and well-being.
Get a Sample PDF of the Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-3427
Some players have made the best use of this innovation and developed tight gel tops to provide better cradling sensations.
Apart from that, the key players have developed mattress bags made up of heavy grade 2.0 mil polyethylene plastic.
However, if we talk about the furniture bags market, the market has rather moved one step ahead. The focus has been on making forward integration. So, the manufacturers have stepped into manufacturing beanbags, especially reengineered bean bags, which are in high demand worldwide.
The re-engineered bean bags have been designed to support any body shape. These operate on the basis of floatation theory, wherein we would have a feeling that we are not sitting but floating. This kind of ergonomics helps relieve back and neck pain and are also known for reducing anxiety levels.
Apart from that, these bean bags will be able to withstand the wear and tear of everyday use. Additionally, these bean bags will create a perfect balance between form and function.
Most importantly, be it the mattresses or the furniture covers, the design has been made keeping in mind the principle of minimalism. Thus, the focus has been to occupy as less space as possible.
Request For TOC: https://www.futuremarketinsights.com/toc/rep-gb-3427
Market Dynamics:
Urbanization has been known to have emerged as a rapid process with the fast changing technology and increasing disposable income. According to a UN report, the world is projected to have around 40 megacities, by 2030, with more than 10 million inhabitants each.
2.5 billion people are expected to be added to the global urban population by 2050. In addition to that, globalization has led to an increase in job opportunities, leading to many people deciding to move homes. Also, holidaying has emerged as a trend over the past couple of decades, resulting in families staying away from homes for long durations, during which, there are chances of bug and termite infestations in mattresses and furniture. They can be prevented by using mattress and furniture bags.
The continuous evolution of the standard of living leads people to incline more towards materialistic comfort and convenience goods. Mattress and furniture bags occupy relatively less space and are easier to handle and move. All these are expected to fuel the global mattress and furniture bags market.
Despite these factors, there are other potential restraints for the global mattress and furniture bags market, such as, the usage of other forms of packaging, which may be cardboard boxes and thermocole.
Geographical and Competitive dynamics
North America is expected to lead the global mattress and furniture bags market over the forecast period, owing to a higher consumer base, followed by Western and Eastern Europe. APEJ region is expected to register the highest CAGR, owing to a significant amount of domestic migration, fueled by an increasing inclination towards urban centers.
Especially in emerging economies such as India, as much 1/5th of its population is expected to be added to the middle class by 2030, leading to an increase in the number of domestic migrants to metropolitan and urban places.
Key Players
Some of the players in the global mattress and furniture bags market are – Britwrap protective packaging store, U-Haul International, Inc., FOUR STAR PLASTICS, Duo Plastics Limited, International Plastics Inc. etc.
The report offers an accurate evaluation of the market through detailed qualitative insights and verifiable projections about market size. The projections presented in the report have been derived using proven research methodologies and assumptions.
Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-3427
Market Segmentation :
On the basis of packaging type:
- Zipped
- Unzipped
On the basis of Raw Material:
- Plastic
- Others
On the basis of End Use:
- Residential
- Institutional
- Industrial
- Commercial
On the basis of Size:
- Single/Twin size (75” x 39”)
- Full size (74” x 44”)
- Queen size (60” x 80”)
- King size (76” x 80”)
- California King size (72” x 84”)
- Customized
On the basis of thickness:
- Standard (1 – 2 mil)
- Tough ( > 3 mil)
For furniture:
On the basis of size:
- Standard furniture size
- Customized
On the basis of application:
- For Sofa
- For Chair
- Others
On the basis of thickness:
- 1 mil
- 2 mil
- 3 mil and above
Author:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
