Mattress Market 2020 Sales Predicted to Shoot-Up in Coming Years

1. How is Increasing Migration Rate from Rural to Urban Areas Driving Demand for Mattresses? People these days have become increasingly conscious regarding their health, along with which, work- related stress has increased as well. The schedule has become busier as companies are increasingly stressing on increased productivity and efficiency. Along with all this, the disposable income of people has also increased considerably over the past few years, due to strong economic growth. It is because of all these factors that the demand for mattresses has increased significantly. As the focus on sound sleep is rising, because of mental tiredness, people have started invested in mattresses of good quality, thereby leading to the growth of the mattress market. The global mattress market is projected to reach a value of over $38.9 billion by 2023, rising from $31.1 billion in 2017, and it is predicted to advance at a 3.8% CAGR during the forecast period (2018–2023). On the basis of size, the market is divided into king size mattress, single size mattress, queen size mattress, and double size mattress, among which, the queen size mattress category accounted for the largest share of the market in the past. Queen-sized mattress is preferred the most, as it is ideal for two people and doesn’t take much space in the room, which is an importance aspect for smaller bedrooms. Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/mattress- market/report-sample In terms of end user, the mattress market is divided into commercial and residential, between which, the residential division is predicted to advance at a faster pace during the forecast period. This is owing to the rising disposable income of middle-class families. Geographically, North America dominated the market in the past, as per a report by P&S Intelligence. This is because of the increased disposable income of people and the rising construction of hotels in the region. Asia-Pacific is expected to progress at the fastest pace during the forecast period, owing to the rising population in India and China. In conclusion, the demand for mattresses is growing due to the increasing disposable income, rising migration from rural to urban areas, and provision of customized services and products.

2. Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send-enquiry?enquiry- url=mattress-market This market research report provides a comprehensive overview of the mattress market. This study covers •Historical and the present size of the mattress market •Future potential of the market through its forecast for the period 2018– 2023 •Major factors driving the market and their impact during the short, medium, and long terms •Market restraints and their impact during the short, medium, and long terms •Recent trends and evolving opportunities for the market participants •Historical and the present size of the market segments and understand their comparative future potential •Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings •Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders •Major players operating in the market and their service offerings •Recent strategic developments by the major players in the market