The Memory Foam Mattress market was valued at USD 4,765 million in 2020 and expected to grow at a CAGR of 10% during the forecast period from 2021 to 2027 to reach around USD 9,281 million in 2027.
Memory Foam Mattress Market Analysis: To Reach Around USD 9,281 Mn In 2027
1. MemoryFoamMattressMarketAnalysis:To
ReachAroundUSD9,281Mn In 2027
The Memory Foam Mattress market was valued at USD 4,765
million in 2020 and expected to grow at a CAGR of 10% during
the forecast period from 2021 to 2027 to reach around USD
9,281 million in 2027.
Memory Foam Mattress exhibits combination of memory foam
along with spring or support foam. Memory Foam Mattress
utilizes body temperature to softer and acquire shape of body
part resting on it. Memory Foam Mattress are designed and
developed to get ultimate comfort and support. Memory Foam
in memory foam mattress remember the shape of body usually
sleeping position of offer maximum comfort. It is sometime also
called as visco-elastic foam. Memory foam is typically made of
polyurethane.
Key Trends in Global MemoryFoamMattress Market
Extreme Comfort Provided by Memory Foam is Fueling the
demand for Memory Foam Mattress
One of the foremost important growth driving factor for
Memory Foam Mattress market is extreme level of comfort
offered by its. Memory Foam Mattress reduces pressure on
users’ body and thus facilitate relaxation of every body part
resting on it. Spine, neck, hips and every body part gets
2. realignment with use of Memory Foam Mattress. Weight of all
body parts gets evenly distributed on Memory Foam Mattress.
However, high price and uneasiness in using memory foam
mattress during hot and cold climatic conditions can be one of
the major factor arresting the growthof this industry to some
extent.
Impactof COVID 19 onGlobal MemoryFoamMattress Market
COVID 19 has left an unparalleled impact on growth of global
Memory Foam Mattress industry. The global Memory Foam
Mattress has witnessed very severe setback like never before.
The demand for Memory Foam Mattress is expected to be
plunged by almost 20% in 2020, in terms of both volume as well
as revenue. However, with the beginning of unlock process
across the world and anticipation of COVID 19 vaccine to be
launched during first half of 2020 is expected to bring recovery
in demand for Memory Foam Mattress.
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Global MemoryFoamMattress Marketby Type Insights
Based on its type, the global Memory Foam Mattress market can
be segmented into Below 10 cm, 10 to 30 cm and Above 30 cm.
10 to 30 cm segment has captured the maximum share in the
revenue of Memory Foam Mattress in 2020. Increasing
popularity of this segment is can be attributed to rational pricing
3. and growing demand for Memory Foam Mattress among middle
class population around the world. Above 30 cm holds second
largest position in terms of total revenue generated by the
global Memory Foam Mattress market in 2020.
Global MemoryFoamMattress Marketby ApplicationInsights
Based on its application, the global Memory Foam Mattress
market can be segmented into Residential Use and Commercial
Use. At present, commercial segment accounted for the largest
chunk of total revenue generated by this industry. However,
with increasing awareness among end-users regarding benefits
of memory foam mattress has been resulted into growing
demand around the world. It also offers other benefits such as
less noise, no transfer of movement, low cost of maintenance,
extended durability, etc. As memory foam mattress are made of
materials that facilitate easy breathing during sleep time and
offers good health, especially for the people suffering from of
highly sensitive to allergy.
Global MemoryFoamMattress Marketby Regional Insights
North America accounted for largest share in 2020 and was
closely followed by the Europe and Asia Pacific. High purchasing
power parity, deep routed distribution channels and higher
awareness among end-users is mainly driving the demand for
memory foam mattress in North America and Europe.
Commercial segment has been remained major end-user of
memory foam mattress in these regions. However, Asia Pacific is
likely to grow at a rapid pace over the forecast period.
4. Increasing disposable income in the hand of large size middle
class population with increasing trend for luxury goods in Asia
Pacific is likely to push demand for memory foam mattress
industry in the region.
Global MemoryFoamMattress MarketCompetitive Landscape
Key players operating in the field of manufacturing Memory
Foam Mattress including but not limited to Tempur Sealy, Mlily,
Serta, Simmons, Sleemon, Sinomax, Corsicana Bedding,
Kingsdown and Restonic. Market share of memory foam
mattress industry is fairly fragmented with large number of
industry participants around the world. Production of memory
foam mattress is dominated by the Asia Pacific with abundance
of raw materials and cost effective labor.
Market Segmentation
Global MemoryFoamMattress Marketby Type, 2015 - 2027
· Below 10 cm
· 10 to 30 cm
· Above 30 cm
Global MemoryFoamMattress Marketby Application, 2015 -
2027
· Residential Use
· Commercial Use
Global MemoryFoamMattress Marketby Region, 2015 - 2027
5. · North America
· Europe
· Asia Pacific
· Latin America
· Middle East and Africa
Global MemoryFoamMattress Market: Key Players
· Tempur Sealy
· Mlily
· Serta
· Simmons
· Sleemon
· Sinomax
· Corsicana Bedding
· Kingsdown
· Restonic
. Others
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Table Of Content:
1. Preface
6. 1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-DownApproach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. ExecutiveSummary
2.1. Market Snapshot: Global Memory Foam Mattress Market
2.2. Global Memory Foam Mattress Market, by Product, 2019
(US$ Bn)
2.3. Global Memory Foam Mattress Market, by End-user, 2019
(US$ Bn)
2.4. Global Memory Foam Mattress Market, by Geography, 2019
(US$ Bn)
3. Market Dynamics
3.1. Introduction
3.1.1. Global Memory Foam Mattress Market Value, 2015-2027,
(US$ Bn)
7. 3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2019
3.4. Market Positioning of Key Players, 2019
3.4.1. Major Strategies Adopted by Key Players
4. Global MemoryFoamMattress Market, by Product, 2015-2027
(US$ Bn)
4.1. Overview
4.2. Below 10 cm
4.3. 10 to 30 cm
4.4. Above 30 cm
4.5. Product 4
4.6. Product 5
4.7. Others
5. Global MemoryFoamMattress Market, by End-user, 2015-
2027 (US$ Bn)
5.1. Overview
5.2. Residential Use
5.3. Commercial Use
5.4. End-user 3
5.5. End-user 4
5.6. End-user 5
5.7. Others
8. 6. NorthAmerica MemoryFoamMattress MarketAnalysis, 2015-
2027 (US$ Bn)
6.1. Overview
6.1.1. North America Memory Foam Mattress Market Value and
Growth, 2015-2027, (US$ Bn)
6.2. North America Memory Foam Mattress Market Value, By
Product, 2015-2027 (US$ Bn)
6.2.1. Market Analysis
6.3. North America Memory Foam Mattress Market Value, By
End-user, 2015-2027 (US$ Bn)
6.3.1. Market Analysis
6.4. North America Memory Foam Mattress Market Value, By
Region/Country, 2015-2027 (US$ Bn)
6.4.1. Market Analysis
6.4.2. U.S.
6.4.3. Rest of North America
7. Europe MemoryFoam Mattress Market Analysis,2015-2027
(US$ Bn)
…………………………….
8. Asia Pacific Memory Foam Mattress Market Analysis, 2015-
2027 (US$ Bn)
……………………….
9. Rest of the World Memory Foam Mattress Market Analysis,
2015-2027 (US$ Bn)
…………………
9. 10. CompanyProfiles
10.1. Tempur Sealy
10.2. Mlily
10.3. Serta.
10.4. Simmons
10.5. Sleemon
10.6. Sinomax
10.7. Corsicana Bedding
10.8. Kingsdown
10.9. Restonic
10.10. Company 10
10.11. Company 11
10.12. Company 12
10.13. Company 13
…………………..
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