The global Mattress Market size was worth around USD 30815.2 million in 2021 and is estimated to grow to about USD 40129.4062 million by 2028, with a compound annual growth rate (CAGR) of approximately 4.5 percent over the forecast period | Industry Share By Product Outlook, Application, And Region.
FrequentlyAsked Questions
The desire for home renovation and interior design is a huge driver of the global mattress market. People are renovating their living spaces to make them healthier and more functional. As the Market introduces new types of mattresses, people prefer switching up their mattresses with time. Also, people becoming more health-conscious are keen on taking care of their back problems and investing in good mattresses for their posture-related problems. These factors are fueling the growth of the global mattress market.
According to the Market Research report, the global mattress market was worth around USD 30815.2 million in 2021 and is estimated to grow to about USD 40129.4062 million by 2028, with a compound annual growth rate (CAGR) of approximately 4.5 percent over the forecast period.
The Asia Pacific, with two highly populated countries, China and India, is the most lucrative market for the sales of mattresses and is expected to dominate the global market over the forecast period. High population and disposable income are projected to drive the global market in developing countries of APAC and Latin America such as India, Brazil, and South Africa.
Some of the main competitors dominating the global mattress market include - Avon Marine; Azimut Benetti S.p.A.; Baja Marine; Bavaria Yachtbau GmbH; Bombardier Recreational Products (BRP) Inc.; Brunswick Corporation; Farr Yacht Design, Ltd.; and Groupe Beneteau.
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