Report ID: SQMIG25F2021
Report ID:
SQMIG25F2021 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
87 |
Figures:
76
Adjustable Beds & Mattress Market size was valued at USD 6.35 billion in 2021 and is poised to grow from USD 6.92 billion in 2022 to USD 13.68 billion by 2030, growing at a CAGR of 8.90% during the forecast period (2023-2030).
Adjustable beds are becoming increasingly popular due to their ability to customize sleep positions. They allow users to adjust the bed's head and foot positions, providing comfort and relief for conditions such as sleep apnea, acid reflux, and back pain. Additionally, adjustable beds can be beneficial for reading, watching TV, or working on a laptop. When paired with the right mattress, adjustable beds can enhance the sleeping experience and improve overall sleep quality. Choosing the right mattress for an adjustable bed is essential to ensure proper support and alignment while sleeping. As regulations became more relaxed towards the end of a certain period, there was an increase in online sales, which helped bolster the growth of the industry.
Adjustable beds and mattresses, smart beds, fire stick TVs, and other smart items have entered a transformative phase as a result of the widespread acceptance of smart homes in urban areas. There is also an increasing demand for a luxurious lifestyle that satisfies both aesthetic and functional requirements, further driving the demand for products in the industry. Furthermore, chronic sleep deprivation has a significant impact on a person's quality of life. Numerous clinical studies have shown that factors such as jet lag, breathing problems, and discomfort caused by the mattress's durability and firmness can lead to sleep disturbances. Therefore, consumers are willing to invest in high-quality mattresses, which is supporting the industry's growth. Before purchasing a mattress, various factors such as comfort need to be taken into account. To help consumers examine these aspects, many companies are now offering physical trials of their products. For instance, Wakefit offers a 100-day in-house trial period for their mattresses, allowing consumers to evaluate the quality, firmness, sagging period, and if they experience any backache issues before deciding if the product is worth the price. Furthermore, manufacturers in the industry are expanding their businesses globally and reaching the right audience through mergers and acquisitions as marketing techniques.
US Adjustable Beds & Mattress Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG25F2021