By the end of 2029, the size of the world air mattress industry is anticipated to be over US$ 330 Mn. A Future Market Insights (FMI) analysis predicts that the market will grow steadily between 2019 and 2029 at a CAGR of 9.0 percent. One of the key factors boosting the market for air mattresses and beds, according to the report, is the shrinking amount of interior space in cities. Sales of air mattresses are anticipated to increase due to its high durability, odourless nature, and quick full-size inflation. The research provides a thorough analysis of the market, highlighting the major trends, opportunities, and development drivers. It employs novel research techniques to provide the most precise analysis of the
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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.
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
By Price Range
- High/premium
- Mid-range/economy
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.
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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.
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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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