Air Mattress Market is Expected to Reach Approximately ~US$ 330 Mn in Revenues

Posted by ankush Nikam on March 18th, 2020

The global air mattress market will grow at a robust CAGR of around 9% during the forecast period, 2019-2029. Their odorless, fully inflatable and space-efficient properties are enabling their applicability across various sectors. For enhanced convenience, manufacturers are integrating air mattresses with electronic air filling technology.

"While the commercial sector has been the conventional customer of air mattresses, growing prevalence of the nuclear family system is fueling their application in the residential sector. This is attributable to increasing urban real estate property expenses which are compelling consumers to shift towards cost-efficient, and convenient bedding alternatives," opines the FMI study.

Air Mattress Market - Key Findings

• Twin air mattresses remain highly preferred owing to large bed space and easy availability.
• Commercial sector holds leading revenue share; adoption in the residential sector to rise rapidly.
• Non-medicated air mattresses will maintain their primacy; medicated variants to exhibit noteworthy growth rate.
• North America takes the lead in the air mattress market; East Asia's market to offer white spaces.

Air Mattress Market - Key Driving Factors

• The firmness of air mattresses can be adjusted, making them beneficial for patients with joint-related issues.
• Rising preference for compact rooms owing to proliferation of nuclear families is providing impetus to market growth.
• Growing trend of wellness tourism to bolster adoption of air mattresses in the hotel industry.
• Notable shift towards healthy sleeping patterns, especially in developed regions, to boost revenue pools of manufacturers.

Air Mattress Market - Key Restraints

• Limited durability of air mattresses owing to their predisposition to leaks and punctures, are hindering their adoption.

Competition Landscape of Air Mattress Market

Prominent players in the air mattress market include DeVilbiss Sidhil Ltd., ALPS Mountaineering, SizeWise, LazerLazery, Sleepy Sleep, Restoration Goods, Bestway, Somnio LLC, American National Manufacturing, Inc., Intex Development Co. Ltd., WENZEL Group, Coleman Company, Inc., Sound Asleep Products, Fox Air Beds, and King Koil. Being a highly competitive market, manufacturers are focusing on product footprint expansion with the launch of innovative products. Moreover, they are entering into M&A to maintain competitiveness.

Press Release Source: https://www.accesswire.com/580881/Air-Mattress-Market-to-Grow-at-an-Astounding-Pace-Commercial-Sector-to-Define-Stakeholders-Bottom-Lines-Says-Future-Market-Insights

Explore Extensive Coverage of FMI's Retail and Consumer Goods Landscape

Disposable Masks Market

Floral Extract Market 

Electric Toothbrush Market

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s largest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition.

Contact

Mr. Abhishek Budholiya

Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

MARKET ACCESS DMCC Initiative

For Sales Enquiries: sales@futuremarketinsights.com

For Media Enquiries: press@futuremarketinsights.com

Future Market Insights