The global air mattress market size is expected to reach ~US$ 330 Mn 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% between 2019 and 2029. According to the report, reduction of indoor spaces in urban areas is one of the major drivers for the growth of air mattress and beds market. High durability, odor free nature, and ability to inflate in full size within minutes is expected to boost the air mattress sales across the globe. The report offers a comprehensive overview of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.
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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 Mn 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.
A recent market study published by Future Market Insights on the air mattress market offers global industry analysis for 2014-2018 & opportunity assessment for 2019-2029. The study offers a comprehensive assessment of air mattress market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.
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Readers can find the detailed segmentation and definition of the air mattress market in this chapter, which will help them understand basic information about the air mattress market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the air mattress market report. The associated industry assessment of the air mattress market is carried out in this section. The macroeconomic factors affecting growth of the air mattress market are provided in this section and the impact of these macroeconomic indicators on the air mattress market is analyzed. The technological advancements in the air mattress market is also provided. The drivers and restraints impacting the growth of the air mattress market are explained in this chapter. Opportunities and ongoing trends in the air mattress market are also comprehensively discussed.
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