Memory Foam Mattress Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Memory foam mattresses combine a layer of memory foam with a layer of springs or other support to offer the human body with the required amount of comfort. Memory foam mattresses use body heat to form the shape of the body over the mattress, and then bounce back to their original shapes when the body is removed. This is why foam mattresses with the label memory are associated with it. Good quality memory foam mattresses evenly distribute body weight and provide excellent support and relaxation. If you overlook the quality of memory foam mattresses, you can end up with back pain or a spinal cord issue.

MARKET DYNAMICS

The demand for memory foam mattresses is expected to rise as acute back discomfort becomes more prevalent. Sleep deprivation affects the majority of people for various reasons. This has an impact on their mental, physical, and spiritual wellness. The possibility for expansion in the memory foam mattress market has increased as consumer awareness of the benefits of excellent quality sleep has grown. Memory foam mattresses' adaptability is also helping to propel the business forward around the world. The growing number of residential properties, hospitals, and hotels, particularly in emerging nations, has generated more attractive chances for the memory foam mattress market to flourish.

MARKET SCOPE

The "Global Memory Foam Mattress Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the memory foam mattress market with detailed market segmentation by end use and memory foam. The global memory foam mattress market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading memory foam mattress market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The memory foam mattress market is segmented into end use and memory foam. By end use, the memory foam mattress market is bifurcated into residential and commercial. By memory foam, the memory foam mattress market is bifurcated into conventional memory foam, gel memory foam and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the memory foam mattress market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The memory foam mattress market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the memory foam mattress market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the memory foam mattress market in these regions.

MARKET PLAYERS

The report covers vital developments in the memory foam mattress market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the memory foam mattress market are anticipated to lucrative growth opportunities in the future with the rising demand for memory foam mattress in the global market. Below mentioned is the list of few companies engaged in the memory foam mattress market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the memory foam mattress market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.

•  Sealy Technology LLC
  
•  Sleep Number Corporation
  
•  Tuft & Needle
  
•  Saatva, Inc.
  
•  Parachute Home
  
•  Therapedic International
  
•  The Company Store
  
•  Linenspa
  
•  Lucid Mattress
  
•  Casper
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.

Memory Foam Mattress Report Scope