Global Air Mattress Market, Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Forecast to 2029
“Global Air Mattress Market’ is the title of an upcoming research report being prepared by MarketResearch.biz. Key factors have been studied and assessed in-depth to ensure that vital information and data are presented in the report with well-organized flow and format. Revenue shares of each segment, region, and countries have been included along with revenue growth driving factors, restraints, as well as opportunities in untapped regions and economies. The company profiles of key players comprise detailed information, recent developments, strategies, and acquisitions & mergers, etc. The air mattress market is segmented on the basis of product type, application and region/countries.
Global Air Mattress Market: Overview
An air mattress is an inflatable mattress and is also known as a sleeping pad. Due to its buoyant nature, air mattresses are also used as water props in countries such as the UK and are known as lilo. Air mattresses are generally made of rubber or plastic. These are conveniently useful products while on camping trips, etc. due to its portability.
Global Air Mattress Market: Dynamics
Drivers: The soaring demand for air mattresses due to its adjustable, durable, and easy-to-fit characteristics are factors that are fueling this market’s growth. In addition, these products offer health benefits, especially to individuals with acute back problems and joint injuries by providing optimal support and firmness. Air mattresses possess special features including shifting pressure points that vary depending on an individual’s position while sleeping on it. These pressure points provide individuals suffering from back pain a certain amount of relief. These mattresses also facilitate a better flow of blood in the body.
Furthermore, a growing number of travelers, coupled with the increasing penetration of wellness tourism, are projected to promote the use of air mattresses in hotels, hospitals, etc.
By Product Type: Among product type segments, the twin product type is expected to generate a high revenue share over the coming years. Consumers prefer to purchase these mattresses due to easy availability and lower cost price through hypermarkets, supermarkets, convenience stores, and other brand outlets. A growing inclination towards nuclear family units coupled with the surging cost of real estate is driving the people to accommodate themselves in smaller living spaces, which, in turn, will promote the use of air mattresses over the coming years.
By Application: The segment for commercial application continues to account for the majority revenue share of the air mattress market. Hospitals, for example, are utilizing air mattresses in their wards as well as keeping stock of them to provide accommodation in case there is a visiting guest or an additional room occupant is contributing to the growth of this market.
North America is expected to continue its dominance in terms of the majority revenue share of the global air mattress market. Growing concerns over disorders related to sleep deprivation and insomnia owing to hectic work schedules and personal stress-related issues are among other factors that are fueling this market’s growth. The demand for air mattresses is primarily driven by an increasing inclination towards the adoption of healthier lifestyles among consumers in the region.
The Asia Pacific market is projected to index a fast growth rate over the next ten years. Increasing disposable income levels among individuals belonging to developing economies such as India, China, and South Korea coupled with rapid urbanization and increasing employment opportunities are some of the key factors that are contributing to this market’s growth in the region. Owing to its lightweight and versatility, air mattresses are highly sought after products in several emerging economies, mostly by individuals that live in smaller-sized accommodations.
Global Air Mattress Market Segmentation:
By Product Type:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Drive DeVilbiss Sidhil Ltd.
- ALPS Mountaineering
- Sleepy Sleep
- Restoration Goods
- Bestway Inflatables & Materials Corp.
- Somnio LLC
- American National Manufacturing Inc.
- Intex Development Co. Ltd.
- WENZEL Group.
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