Innerspring Mattresses Market Overview
The innerspring mattresses market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.
Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study.
This study is one of the most comprehensive reports that captures all the facets of the innerspring mattresses market.Unhealthy sleeping pattern and lifestyle coupled with sleeping disorders like insomnia has considerably impacted the mental health of people.
This has led manufacturers to recognize the potential of mattress market with innovative design, such as innerspring, which can significantly have a healthy impact on distorted sleep patterns
Innerspring Mattresses Market Outlook
Rising expenditure in product innovation with high accessibility to highly comfortable mattresses in emerging economies supported by dynamically changing consumers sleeping pattern and growing demand for innerspring mattresses has been anticipated to infuse growth in the market for mattresses during the forecasting period.
Innerspring Mattresses Market: Key drivers & Restraints
Innerspring mattresses are being manufactured from late 19th century and are broadly in use today. It represents a significant portion of current mattress sales.
The rising popularity among consumers is attributed to their extreme levels of support; many consumers have claimed the bed maintains an even, comfortable surface. Due to its highly responsive comfort, it is well suited for sex and in high demand from couples.
Innerspring mattresses are inexpensive as compared to foam mattresses.Home furniture procurement and expenses on lavishing lifestyle are key factors driving the innerspring mattress market, there is a significant growth registered in property infrastructure and accommodation-oriented business.
With surging population and frequent travelling due to globalization the escalating need to accommodate traveller with suburban requirements has headed to an inflation in the trade volume of home furnishings such as innerspring beds, couch material and pillowcases,
hence, through extending the order for the goods and helping the market to grow.Change in lifestyle due to rapid urbanization has led to multiple health problems in youngsters like spine alignment issues and chronic back pain.
Innerspring mattress is well suited and recommendable for every type of sleeper in all weight groups. the innerspring grips provides consistent support and a healthy spine alignment which helps in alienating the pain for sufferers.
Innerspring Mattresses Market: Regional Analysis
Asia-Pacific will be dominating market during the forecast period , followed by North America .Europe likely to maintain large portion of market share owing to inflated household furnishing expenditure where a large chunk of consumer base is already present and global manufacturers are more focused on expanding their geographical reach to acquire the market potential and occupy a significant market share
Developing countries like India and China, where a large chunk of young population is a part of Information Technology sector is suffering from chronic back pain and spine alignment issues due to sitting in office for longer period. This has led to an unprecedented demand in innerspring mattress in this region.
Innerspring Mattresses Market: Competitive Landscape
Key market players are
- Hilding Anders AB
- Recticel NV/SA
- Silentnight Group Limited
- Grupo Pikolin LLC
- Simmons Bedding Company
- Sealy e-Commerce LLC.
- Breckle GmbH
- Kingsdown Inc.
- KING KOIL
- Southerland Sleep
- PARAMOUNT BED CO. LTD.
among other domestic and global players.
Innerspring Mattresses Market: Collaboration and Acquisitions
In Apr 2019, Kurl-on acquired US-based luxury mattress brand Spring Air. The acquisitions were aimed to strengthen the regional leadership in South Asia and to generate a pre-targeted revenue.
Furthermore, in April 2019 Tempur-Pedic announced to have developed an innovative temperature control mattress, which can keep it cool throughout the night. It was a result of a continuous effort and R&D operation during last 10 years in high tech thermal lab Innerspring Mattresses Market Segment Analysis
- North America (U.S. and Canada)
- Latin America (Mexico)
- Western Europe (Germany, U.K., France, Spain, Italy, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, Australia, and New Zealand)
- Africa (Southern Africa)
- Middle East and Africa (GCC, S. Africa, N. Africa)
Innerspring mattresses market can be segmented based on the following:
By Distribution Channel :
- Offline Retail
- Online Retail
By End User :