Global Mattress Market to be worth around $41.64 billion by 2028 - Zion Market Research

NEW YORK, Oct. 25, 2021 /PRNewswire/ -- Zion Market Research has published a new report titled "Mattress Market by Product (Memory foam, Gel, Innerspring, Water bed, Air bed, Latex Mattress, and Adjustable bases), by Size (King size, Double size, Queen, Twin XL, Twin), by End-User (Hotel industry, Household, Hospitals, and Others) - Global Industry Perspective, Comprehensive Analysis and Forecast, 2021 – 2028''. According to the report, global mattress market was valued at around USD $29.63 billion in 2021 and is expected to reach approximately $42.84 billion in 2028, growing at a CAGR of slightly above 4.6% between 2021 and 2028.

Market Growth Drivers

Massive focus on good sleep for enhancing health of an individual has accounted majorly towards the overall market size in the recent years. In addition to this, humungous popularity of natural & organic mattresses across the globe will propel the business space in the years to come. Additionally, thriving eCommerce and online retail sectors will proliferate the expansion of mattress industry over the estimated timeframe. Moreover, massive internet and smartphone penetration across the globe will boost the business growth trends.

Furthermore, rise in the residential housing activities as a result of manifold increase in the global population will prompt the market progression over the forecast timeline. Additionally, large-scale utilization of various home furnishing products is set to create huge industry demand over the forthcoming timeline. The growing preference for premium home décor items will bolster the market revenue in the years ahead.

Get free Sample PDF of this Research Report for more Insights with Table of Content, Research Methodology and Graphs - https://www.zionmarketresearch.com/sample/mattress-market

North American Market to Accrue Maximum Gains By 2028

The expansion of the industry in sub-continent over the forecast timespan is due to large-scale preference for mattresses of varied shapes & sizes in the countries like Canada and the U.S. Apart from this, rise in the construction of hotels, restaurants, and residential buildings in the region will account substantially towards industry size in the sub-continent over the years to come. A prominent increase in the purchasing capacity of the residents with increment in their per capita income will tilt the regional market growth graph towards the positive axis. Increase in the tourist activities resulting in improved lodging & boarding amenities in hotels & restaurants and demand for premium & luxury goods in the countries like Canada and the U.S. will embellish the industry growth in North America.