Global Air Mattress Market Study

Global Air Mattress Market Segmented By Product (Twin, Full, Queen, King, Others) By Application (Commercial, Household) & By Region - Forecast And Analysis 2020-2027

 

Market Insights

The Air Mattress market was valued at USD 0.138 Billion in 2020, and it is expected to reach a value of USD 0.33 Billion by 2027, at a CAGR of 9% over the forecast period (2020 - 2027).

One of the key aspects that have encouraged growth in the air mattress market is the growing popularity of air mattresses due to their durability, flexibility, portability, handling simplicity, and odor-free nature. Air mattresses are becoming increasingly popular as people become more aware of their health benefits. Rising wellness tourism, holidays and excursions, have provided lucrative prospects for the air mattress industry.

 

 

Segmental Analysis

 

Furthermore, these products adjust the firmness, which might be beneficial to those suffering from back pain and other bone joint-related issues. As a result, the ability of these products to adjust firmness in a shorter period is likely to address user's convenience.

This report provides in-depth analysis of Global Air Mattress market. We have analyzed 20+ data points that include product price trends, consumer purchase patterns, company annual sales performance, COVID-19 impact on distribution channels, parent industry performance, regional trends, and technological innovations, for tracking the Global market size and performance in the recent years.

 

Global Air Mattress Market Segmentation

 

The Global Air Mattress market is segmented based on Product, Application, and Region. Based on Product it is categorized into: Twin, Full, Queen, King, Others. Based on Application it is categorized into: Commercial, Household. Based on region it is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.

 

Regional Insights

 

Global Air Mattress Market: Impact of COVID 19

Air mattresses became popular as a cost-effective and best-available alternative to regular mattresses and cotton beds as a result of several makeshift hospitals and the need for beds to treat COVID patients. One of the most important factors impacting the drop in demand for air mattresses is the impact of the pandemic on the travel industry. People are still avoiding travel due to the spread of coronavirus illnesses, even after the limits have been removed. This is a significant role in the decline in demand for air mattresses..

 

Key Trends in Global Air Mattress Market

• The primary cause for the expansion of the air mattress market is the reduction of interior spaces in metropolitan regions. Air mattresses are widely used as a substitute for normal beds by apartment residents when floor space becomes a big issue. Air mattresses are simple to inflate and deflate, fold, and store, making them an excellent solution for people who have limited space or who want to add more beds. These qualities, according to the air mattress market data, have made air mattresses the popular option for temporary or low-cost sleeping solutions.

• Powered air mattresses are commonly seen in hospital bed frames that are either semi-electric or completely electric. The powered air mattress employs a variety of treatments, including air flotation, lateral flotation, alternating pressure, alternating pressure with genuine low air loss, and air fluidized therapy, and it is powered. These benefits of powered air mattresses to patients are expected to drive market expansion during the forecast period.

 

Global Air Mattress Market: Regional Dynamics

North America dominated the air mattress industry in 2018, accounting for over 35% of worldwide revenue. The market will rise in the next years as consumers place a greater emphasis on sleeping disorders as a result of their high-stress lifestyles. Consumers in the region are becoming more conscious of the need of living a healthy lifestyle, which is prompting them to spend money on sleeping mattresses and accessories. As a result, demand for an air mattress is projected to rise in the coming years due to its ability to relieve bedsore pain. From 2019 to 2025, Asia Pacific is predicted to be the fastest-growing market, with a CAGR of 10%. Consumer spending power is predicted to increase as the working population in China, South Korea, and India grows as a result of an increase in private-sector employment possibilities and the construction of urban infrastructure. Due to the tiny flat sizes in urban families, consumers choose to utilize air mattresses because these items are lightweight, convertible, and easy to fit in small spaces. Companies are boosting their spending on innovation to broaden their market reach since they recognize this market opportunity.

 

Market Dynamics

 

Global Air Mattress Market: Competitive Landscape

The market is characterized by the presence of a few well-established players. New product launches, partnerships and investing in research & development have been a key business strategy. Some of their recent developments are as follows:

• Simmons has introduced a mattress made of extra-thick, puncture-resistant vinyl. It also features cross-section oval beams to support the lumbar region and maintain the spine alignment. A built-in pump makes it simple to inflate and deflate the mattress, and a cushion top makes sleeping even more comfortable.

• Coleman introduced a mattress with an antimicrobial sleep surface that resists odor, mold, mildew, and fungus—essential qualities for outdoor use. For additional comfort, the mattress includes a unique coil structure. A double-lock valve prevents leaks during the night, and the soft plush top provides a comfortable sleeping surface.

Key players in Air Mattress market are:

• Drive DeVilbiss Sidhil Ltd.

• ALPS Mountaineering

• SizeWise

• LazerLazery

• Sleepy Sleep

• Restoration Goods

• Bestway

• Somnio LLC

• American National Manufacturing Inc.

• Intex Development Co. Ltd.

• WENZEL Group.

Scope of the Report

The study provides an analysis of the Global Air Mattress Market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value.