The global latex mattress market is projected to achieve a value of US$ 20 billion by 2032, with a compound annual growth rate (CAGR) of 7% between 2022 and 2032. In 2021, the industry was valued at US$ 9.7 billion, and it is anticipated to exhibit a year-on-year (Y-o-Y) growth rate of 5.1% to reach US$ 10.2 billion by 2022.
Europe boasts the highest number of one-person households globally. The rapid expansion of these single-person households has led to increased demand for various furniture types, especially beds, consequently driving significant demand for latex mattresses.
As per an independent study, consumers typically spend one to two weeks conducting research on mattresses before making a purchase. A latex mattress is crafted from natural latex sourced from rubber trees.
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According to the FMI’s report, the Latex Mattress Market is projected to record a CAGR of 7% over the forecast period. Significant changes in consumer behavior, robust product innovations, and a wealth of distribution networks continue to influence growth of the Latex Mattress Market. FMI’s analysts rely on modern-day research methods for the compilation of the Latex Mattress industry report and gather data from a wide range of primary and secondary sources.
Key Questions Addressed in the Latex Mattress Market Report
- What are headwinds and tailwinds shaping the growth curve of the global Latex Mattress Market?
- Which factors will continue to influence growth of the regional Latex Mattress Market?
- What are the recent technological developments in the Latex Mattress Market?
- What are key challenges and competition threats faced by Latex Mattress Market players?
- How will evolving regulatory policies impact the market growth?
Competition Assessment
The FMI’s Latex Mattress industry report provides a dashboard view of major players operating in the Latex Mattress Market. Some of the key players are:
- Sleep On Latex Company
- Simmons Bedding Company LLC,
- Astrabeds LLC
- Spindle Mattress Company
- Dreamfoam Bedding Company
- Sleep Number Corporation
- PlushBeds, Inc.
- Royal-Pedic Mattress
- Manufacturing LLC
- Spring Air International Inc. LLC
- Organic Mattress Inc.
- Kinsdown
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With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Latex Mattress Industry.
Key Segmentation
On the basis of latex processing type
- Talalay
- Dunlop
- Others
On the basis of source
- Synthetic
- Natural
- Blended
On the basis of end user
- Commercial
- Residential
On the basis of sales channel
- Multi-brand Stores
- Specialty Stores
- Independent Small Stores
- Online Stores
- 3rd Party Online Stores
- Company Websites
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
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 ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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