The global air mattress market size is expected to reach US$ 330 Million by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at a CAGR of 9.0% in 2029.
The report listed a reduction in indoor space as one of the factors helping to make Inflatable bed and beds an important product for urban residents. High durability, no odor and their ability to expand fully in a few minutes should increase sales worldwide.
The report provides a holistic view of the market including analysis on drivers, restrictions and trends in development. This provides it with its own very distinctive research methods by which to analyze the market situation.
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It includes in-depth insights into the air mattress market. Some of these are:
- The estimated value of the market was at US$ 138 Million in 2019. Through the course of the report’s forecast period, the market is exhibited to show a steady pace of growth.
- Regionally, North America dominates the air mattress market globally.
- East Asia emerges as one of key markets owing to growing working population, increasing disposable income especially in China and Japan.
- Twin air mattress comes out as the most preferred type of air mattress among consumers owing to large bed space and easy availability on hypermarkets/ supermarkets.
- Key players are likely to focus on new product innovation and adding new features to the product such as using of nontoxic material, to stay relevant in developed markets.
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Commercial Sector Fuels Demand for Air Mattress
Air mattress helps in pressure relief and better blood circulation to the person sleeping on it, hence a growing trend of air mattress consumption has been observed globally, especially in commercial sector.
Consumer’s inclination towards extra bedding have propelled the air mattress market in commercial sector. Mass consumer’s preference for extra space bedding in hotels have accelerated the usage of full and twin air mattresses across the globe. Furthermore, commercial institutes including hotels, hospitals, and holiday homes keep air mattress on stock to accommodate extra guests.
Who is Winning?
Some of the leading players operating in the Air Mattress market are DeVilbiss Sidhil Ltd.; ALPS Mountaineering; SizeWise; LazerLazery; Sleepy Sleep; Restoration Goods; Bestway; Somnio LLC; American National Manufacturing, Inc.; Intex Development Co. Ltd.; and WENZEL Group, Coleman Company, Inc., Sound Asleep Products, Fox Air Beds, King Koil etc. As a result of increasing competition, companies are focusing on expanding their product portfolio with innovative offerings. In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.
- Growing health concern related to the toxic elements used in air matters, have pushed the consumers towards nontoxic beds which in result also pushed the manufacturers to come up with new innovative nontoxic air mattress options such as lightweight PVC free air bed. Alps Mountaineering has introduced its velocity bed made of nontoxic elements.
- In 2019, Coleman Queen had launched queen-size air mattress which provide built-in electric pump along with the air mattress.
Get Valuable Insights into Air Mattress Market
Future Market Insights, in its new report, presents an unbiased analysis of the global air mattress market, covering historical demand data and forecast figures for the period between 2019 and 2029. The study divulges compelling insights on the air mattress market based on product type (medicated, non-medicated), size ( full, twin, king, queen, other), application (residential, commercial), price range (high/premium, mid-range/economy), pump type ( electric, battery-operated, other), region (North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East & Africa).
Market Segmentation
The global air mattress market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
By Product Type
- Medicated
- Non-medicated
By Size
- Full
- Twin
- King
- Queen
- Other
By Pump Type
- Electric
- Battery Operated
- Other
By Application
- Residential
- Commercial
- Hotels
- Hospitals
- Others
By Price Range
- High/premium
- Mid-range/economy
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.
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