North America Mattress Market Research Report Forecast 2025
In past decades, people used to buy cotton or coir and then turn them into the mattress. Then the time started a diversion with the rubber and latex. And this created some way to the industrialization of the sleeping mattress. Mattresses are formed from natural materials, including straw and feathers. Modern mattress mostly contains either innerspring core or material such as latex, elastic, or other polyurethane-type foams. Mattresses may additionally be filled with air, water, or a spread of natural fibers.
The report named North America Mattress Market Outlook, 2020-25 report provides an in-depth overview of the North America Mattress Market, along with the innovations and the top market companies, sticking to the real-time scenario information. The North America Mattress Market was valued at USD 8.99 Billion in 2014 and is projected to grow at a CAGR of less than 5%, through the forecasted period.
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Concerning size, the market is divided into a twin, twin XL, queen, double size, and king-size. Among them, the queen size mattress is expected to show a leading demand and thus accounting for more than USD 3 Billion by the end of the forecasted period. A queen-size mattress is best suited for apartments, which are most popular in metropolitan areas of large cities.
Even though the innerspring mattress dominates the market, the memory foam mattress is expected to have the highest demand and thus covering more than 15% of the global market. Drivers that influencing mattress market growth are International hotel chains display demand mattress that provides high comforts and sound sleep. Rising disposable incomes help to invest in a mattress market. The growth of the hospitality sector worldwide owes to an increase in market growth. On the other side, the scarce availability of raw materials for mattresses leads to an increase in the price of premium products. Consumers are much interested in the focus on sleep quality growing regularly, increasing their willingness to spend more on the mattress.
By country, the North America mattress market awning the countries of Canada, Mexico, and the United. According to the mattress market overview, the market is lead by the USA, which is expected to show the least growth in the future. Mexico, which holds the lowest market share in the market, is expected to grow profitably, covering a market share of less than 10% accounting for a value of USD 1.28 Billion by the end of the year 2025.
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Last Update : Jan 27, 2021 8:25 AM
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