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Global Memory Sponge Mattress market is expected to reach 5.95 billion USD in 2022

Author: QYResearch Publish date: 2018-05-09 Views: 77
The global memory foam mattress market size is expected to reach 3.39 billion USD by the end of this year, with a 12.04% growth rate from 2016. The market is forecast to reach 5956.88 million USD in 2022, with a forecast 9.84% CAGR between 2016 and 2022.


Publisher: QYResearch

Published Date: 2018-05-09


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China and USA are the biggest production areas, with about 54.02% and 27.13% market share separately in 2016. While USA and Europe are still the biggest consumption areas in 2016. There is a big price difference in developed and developing countries which cannot be ignored, in USA and Europe, average sales price of a Memory Foam Mattress is around 950 USD/Unit, while in China the average sales price is only 200 USD/Unit. Under current market status, the price of raw materials may keep rising in a few years, bring a forecast price rising trend in 2017-2022.


The market is relatively concentrated. Three types of players are exist in this market:OEM, ODM and OBM. Key brands in this market are Tempur Sealy, Mlily, Serta Simmons, Sinomax, Corsicana Bedding and some others. There are also many big OEM manufactures like Carpenter, Recticel, Foamex, ZINUS and etc.


The market is expected to witness a boost during the forecast period and there may be more new entrants and product models. The ability of memory foam mattress to provide comfortable sleep is a major factor, which is driving the demand for these mattresses. Residential users are the major end-users. With the recovery in the economy and the increase in disposable income, there is growing demand for memory foam mattress.


The Global Memory Foam Mattress Sales Market Report 2018 report released by QYResearch provides a basic overview of the Memory Foam Mattress industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Memory Foam Mattress industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


Click to view the full report:https://www.qyresearch.com/index/detail/384713/global-memory-foam-mattress-sales-market-report
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