Memory Foam Mattress Market Key Findings by 2031
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.
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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
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Memory Foam Mattress Market - By Memory Foam
1.3.2 Memory Foam Mattress Market - By End Use
1.3.3 Memory Foam Mattress Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MEMORY FOAM MATTRESS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MEMORY FOAM MATTRESS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MEMORY FOAM MATTRESS MARKET - GLOBAL MARKET ANALYSIS
6.1. MEMORY FOAM MATTRESS - GLOBAL MARKET OVERVIEW
6.2. MEMORY FOAM MATTRESS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. MEMORY FOAM MATTRESS MARKET - REVENUE AND FORECASTS TO 2028 - MEMORY FOAM
7.1. OVERVIEW
7.2. MEMORY FOAM MARKET FORECASTS AND ANALYSIS
7.3. CONVENTIONAL MEMORY FOAM
7.3.1. Overview
7.3.2. Conventional Memory Foam Market Forecast and Analysis
7.4. GEL MEMORY FOAM
7.4.1. Overview
7.4.2. Gel Memory Foam Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. MEMORY FOAM MATTRESS MARKET - REVENUE AND FORECASTS TO 2028 - END USE
8.1. OVERVIEW
8.2. END USE MARKET FORECASTS AND ANALYSIS
8.3. RESIDENTIAL
8.3.1. Overview
8.3.2. Residential Market Forecast and Analysis
8.4. COMMERCIAL
8.4.1. Overview
8.4.2. Commercial Market Forecast and Analysis
9. MEMORY FOAM MATTRESS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Memory Foam Mattress Market Overview
9.1.2 North America Memory Foam Mattress Market Forecasts and Analysis
9.1.3 North America Memory Foam Mattress Market Forecasts and Analysis - By Memory Foam
9.1.4 North America Memory Foam Mattress Market Forecasts and Analysis - By End Use
9.1.5 North America Memory Foam Mattress Market Forecasts and Analysis - By Countries
9.1.5.1 United States Memory Foam Mattress Market
9.1.5.1.1 United States Memory Foam Mattress Market by Memory Foam
9.1.5.1.2 United States Memory Foam Mattress Market by End Use
9.1.5.2 Canada Memory Foam Mattress Market
9.1.5.2.1 Canada Memory Foam Mattress Market by Memory Foam
9.1.5.2.2 Canada Memory Foam Mattress Market by End Use
9.1.5.3 Mexico Memory Foam Mattress Market
9.1.5.3.1 Mexico Memory Foam Mattress Market by Memory Foam
9.1.5.3.2 Mexico Memory Foam Mattress Market by End Use
9.2. EUROPE
9.2.1 Europe Memory Foam Mattress Market Overview
9.2.2 Europe Memory Foam Mattress Market Forecasts and Analysis
9.2.3 Europe Memory Foam Mattress Market Forecasts and Analysis - By Memory Foam
9.2.4 Europe Memory Foam Mattress Market Forecasts and Analysis - By End Use
9.2.5 Europe Memory Foam Mattress Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Memory Foam Mattress Market
9.2.5.1.1 Germany Memory Foam Mattress Market by Memory Foam
9.2.5.1.2 Germany Memory Foam Mattress Market by End Use
9.2.5.2 France Memory Foam Mattress Market
9.2.5.2.1 France Memory Foam Mattress Market by Memory Foam
9.2.5.2.2 France Memory Foam Mattress Market by End Use
9.2.5.3 Italy Memory Foam Mattress Market
9.2.5.3.1 Italy Memory Foam Mattress Market by Memory Foam
9.2.5.3.2 Italy Memory Foam Mattress Market by End Use
9.2.5.4 United Kingdom Memory Foam Mattress Market
9.2.5.4.1 United Kingdom Memory Foam Mattress Market by Memory Foam
9.2.5.4.2 United Kingdom Memory Foam Mattress Market by End Use
9.2.5.5 Russia Memory Foam Mattress Market
9.2.5.5.1 Russia Memory Foam Mattress Market by Memory Foam
9.2.5.5.2 Russia Memory Foam Mattress Market by End Use
9.2.5.6 Rest of Europe Memory Foam Mattress Market
9.2.5.6.1 Rest of Europe Memory Foam Mattress Market by Memory Foam
9.2.5.6.2 Rest of Europe Memory Foam Mattress Market by End Use
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Memory Foam Mattress Market Overview
9.3.2 Asia-Pacific Memory Foam Mattress Market Forecasts and Analysis
9.3.3 Asia-Pacific Memory Foam Mattress Market Forecasts and Analysis - By Memory Foam
9.3.4 Asia-Pacific Memory Foam Mattress Market Forecasts and Analysis - By End Use
9.3.5 Asia-Pacific Memory Foam Mattress Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Memory Foam Mattress Market
9.3.5.1.1 Australia Memory Foam Mattress Market by Memory Foam
9.3.5.1.2 Australia Memory Foam Mattress Market by End Use
9.3.5.2 China Memory Foam Mattress Market
9.3.5.2.1 China Memory Foam Mattress Market by Memory Foam
9.3.5.2.2 China Memory Foam Mattress Market by End Use
9.3.5.3 India Memory Foam Mattress Market
9.3.5.3.1 India Memory Foam Mattress Market by Memory Foam
9.3.5.3.2 India Memory Foam Mattress Market by End Use
9.3.5.4 Japan Memory Foam Mattress Market
9.3.5.4.1 Japan Memory Foam Mattress Market by Memory Foam
9.3.5.4.2 Japan Memory Foam Mattress Market by End Use
9.3.5.5 South Korea Memory Foam Mattress Market
9.3.5.5.1 South Korea Memory Foam Mattress Market by Memory Foam
9.3.5.5.2 South Korea Memory Foam Mattress Market by End Use
9.3.5.6 Rest of Asia-Pacific Memory Foam Mattress Market
9.3.5.6.1 Rest of Asia-Pacific Memory Foam Mattress Market by Memory Foam
9.3.5.6.2 Rest of Asia-Pacific Memory Foam Mattress Market by End Use
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Memory Foam Mattress Market Overview
9.4.2 Middle East and Africa Memory Foam Mattress Market Forecasts and Analysis
9.4.3 Middle East and Africa Memory Foam Mattress Market Forecasts and Analysis - By Memory Foam
9.4.4 Middle East and Africa Memory Foam Mattress Market Forecasts and Analysis - By End Use
9.4.5 Middle East and Africa Memory Foam Mattress Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Memory Foam Mattress Market
9.4.5.1.1 South Africa Memory Foam Mattress Market by Memory Foam
9.4.5.1.2 South Africa Memory Foam Mattress Market by End Use
9.4.5.2 Saudi Arabia Memory Foam Mattress Market
9.4.5.2.1 Saudi Arabia Memory Foam Mattress Market by Memory Foam
9.4.5.2.2 Saudi Arabia Memory Foam Mattress Market by End Use
9.4.5.3 U.A.E Memory Foam Mattress Market
9.4.5.3.1 U.A.E Memory Foam Mattress Market by Memory Foam
9.4.5.3.2 U.A.E Memory Foam Mattress Market by End Use
9.4.5.4 Rest of Middle East and Africa Memory Foam Mattress Market
9.4.5.4.1 Rest of Middle East and Africa Memory Foam Mattress Market by Memory Foam
9.4.5.4.2 Rest of Middle East and Africa Memory Foam Mattress Market by End Use
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Memory Foam Mattress Market Overview
9.5.2 South and Central America Memory Foam Mattress Market Forecasts and Analysis
9.5.3 South and Central America Memory Foam Mattress Market Forecasts and Analysis - By Memory Foam
9.5.4 South and Central America Memory Foam Mattress Market Forecasts and Analysis - By End Use
9.5.5 South and Central America Memory Foam Mattress Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Memory Foam Mattress Market
9.5.5.1.1 Brazil Memory Foam Mattress Market by Memory Foam
9.5.5.1.2 Brazil Memory Foam Mattress Market by End Use
9.5.5.2 Argentina Memory Foam Mattress Market
9.5.5.2.1 Argentina Memory Foam Mattress Market by Memory Foam
9.5.5.2.2 Argentina Memory Foam Mattress Market by End Use
9.5.5.3 Rest of South and Central America Memory Foam Mattress Market
9.5.5.3.1 Rest of South and Central America Memory Foam Mattress Market by Memory Foam
9.5.5.3.2 Rest of South and Central America Memory Foam Mattress Market by End Use
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. MEMORY FOAM MATTRESS MARKET, KEY COMPANY PROFILES
11.1. SEALY TECHNOLOGY LLC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. SLEEP NUMBER CORPORATION
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. TUFT AND NEEDLE
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. SAATVA, INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. PARACHUTE HOME
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. THERAPEDIC INTERNATIONAL
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. THE COMPANY STORE
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. LINENSPA
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. LUCID MATTRESS
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. CASPER
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Sealy Technology LLC
2.Sleep Number Corporation
3.Tuft and Needle
4.Saatva, Inc.
5.Parachute Home
6.Therapedic International
7.The Company Store
8.Linenspa
9.Lucid Mattress
10.Casper
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.