This Latex Mattress 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 documentation that captures all the facets of the evolving Latex Mattress market.
Latex Mattress Market Outlook
Over the last few years, a steady increase in the population of people who live alone has been witnessed. One-person households in various countries across the globe have increased significantly. According to a recent study, of the global two billion population, around 15% comprises one-person households. Europe has the highest number of one-person households globally. These rapidly increasing one-person households have led to increased demand for various types of furniture, especially beds, which, in turn, is creating significant demand for latex mattresses. According to an independent study, on an average, consumers spend one to two weeks researching on a mattress before buying it. A latex mattress is a mattress developed from natural latex sourced from rubber trees. Latex mattress comes in various firmness levels to suit a wide range of sleepers. Unique features associated with latex mattresses, such as temperature regulation, contour ability and natural bounciness, attracts consumer attention towards latex mattresses. Additionally, latex mattresses are dense and heavy, which provides stability and support to heavy sleepers.
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Reasons for Covering Latex Mattress Market Title
Factors, such as rapidly expanding hospitality industry and healthcare facilities globally, increasing population across the globe, developing demand for eco-friendly products owing to growing health concerns, changing consumer buying behaviors and the growing trend of bed-in-a-box mattress will add to the growth of the latex mattress market during the forecast period. Also, rise in demand for premium products and increasing availability of mattresses online are the factors that will influence the growth of the latex mattress market in near future. Additionally, companies in the latex mattress market are significantly investing in research and development activities to introduce novel products, such as split firmness latex mattresses, to attract potential customers. However, the high cost of latex mattresses, the fact that they are less comfortable than foam mattresses and availability of other mattresses are some of the factors that will hinder the growth of the latex mattress market during the forecast period.
Global Latex Mattress Market: Key Players
Some of the key players operating in the global latex mattress market are Sleep On Latex Company, Simmons Bedding Company LLC, Astrabeds LLC, Spindle Mattress Company, Dreamfoam Bedding Company, Sleep Number Corporation, PlushBeds, Inc., Royal-Pedic Mattress Manufacturing LLC, Spring Air International Inc. LLC, Organic Mattress Inc., Kinsdown, Inc., Pure LatexBliss LLC, Southerland, Inc., Relyon Company, Corsicana Bedding, Inc. and The Saatva Company, among others.
Various manufacturers in the latex mattress market are adopting innovative technologies for developing natural latex. For instance, Latex Foam International LLC is using patented phase-change material in its new latex mattresses. This unique latex mattress enables sleeper to retain a constant body temperature and offers contour ability that provides relief from back and shoulder pain. Such developments are expected to increase the demand for latex mattresses globally during the forecast period.
Opportunities for Global Latex Mattress Market Participants
Over the last few years, in the US, a significant increase in the percentage of households with at least three to four bedrooms has been registered. Bigger homes need more beds and mattresses and thus, manufacturers are witnessing opportunities in the U.S. latex mattress market. Moreover, nowadays, millennial consumers regularly change furniture to stay in trend. That apart, growing single-person households are also accelerating the sales of furniture. Both of these factors will give a push to the market. Also, growth in online retailing will also accelerate the growth of the latex mattress market.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, processing type, source, end-use & sales channel.
The study is a source of reliable data on:
- Latex mattress market segments and sub-segments
- Latex mattress market trends and dynamics
- Supply and demand
- Latex mattress market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Global Latex Mattress: Market Segmentation
On the basis of latex processing type, the global latex mattress market has been segmented as –
On the basis of source, the global latex mattress market has been segmented as –
On the basis of end user, the global latex mattress market has been segmented as –
On the basis of sales channel, the global latex mattress market has been segmented as –
- Multi-brand Stores
- Specialty Stores
- Independent Small Stores
- Online Stores
- 3rd Party Online Stores
- Company Websites
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Latex mattress market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Latex mattress market shares and strategies of key players
- Emerging niche segments and regional latex mattress markets
- An objective assessment of the trajectory of the latex mattress market
- Recommendations to companies for strengthening their foothold in the latex mattress market
Frequently Asked Questions
What research methodology is used to develop the Latex Mattress Market report?
- FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
- These approaches include accumulating data from both primary and secondary sources
- Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Latex Mattress Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
- Analysis of several middle market stakeholders for country-wise data
What else does FMI offer apart from Latex Mattress Market report?
In addition to up-to-date market figures and customized of the Latex Mattress Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.
How do you define competitors based on market structure? What aspects about a competitor are included in the company profile section?
- Most of the competitors are segregated according to their market share in 'Tier' wise statures.
- Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.