Memory foam mattresses are designed in way to provide comfort and help reducing back pain or others sleeping disorders. These mattresses are made up of memory foam (petroleum-based polyurethane) and conform the shape of an individual body positions. Growing number of sleep disorders and health related issues have led to rise in demand for memory foam mattress. Recent introduction of smart mattress further expected to supplement the market.
|Unit||Value (USD Million)|
|Key Companies Profiled||Serta Simmons Bedding Company [United States], Spring Air International [United States], Sleep Number [United States] and Tempur Sealy International [United States]|
|Customization Scope||Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility|
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Memory Foam Mattress Market Study:
Serta Simmons Bedding Company [United States], Spring Air International [United States], Sleep Number [United States] and Tempur Sealy International [United States]
Memory Foam Mattress Market Segment Analysis
|Type||Traditional, Plant Based and Gel|
|By Size||Below 10 cm,10-30 cm,Above 30 cm|
Memory Foam Mattress Market Changing Dynamics
- Rising Demand from Healthcare and Hospitality Industry
- Growing Number of Sleep Disorders and Back-pain Problems
- Growing Demand for Organic Memory Foam Mattress
- Introduction of Technologically Advanced Smart Mattress
- Rising E-commerce Sales of Mattresses
- High Cost of Memory Foam Mattress
- Availability of Alternatives Mattress in the Market at Lower Cost
|Road Blocks / Challenges|
- Long Replacement Cycle Limits Its Sales
|Gaps & Opportunities|
- User's Inclination Towards Multifunctional Mattresses
- Growth in Disposable Income In Emerging Countries
Some of the other players that are also part of study are Kingsdown [United States], Restonic (Pty) Ltd. [United States], Corsicana Bedding, Inc [United States], Simmons Bedding Company [United States] and SLEEMON [China]. The Global Memory Foam Mattress market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
Regardless of where they are manufactured, all mattresses and mattress systems sold in the U.S. must comply with mandatory flammability requirements. These requirements are set forth in Chapter 16 of the U.S. Code of Federal Regulations (CFR) in two separate standards, Part 1632, Standard for the Flammability of Mattresses and Mattress Pads, and Part 1633, Standard for the Flammability (Open Flame) of Mattress Sets. Both standards are implementing regulations under the U.S. Federal Flammable Fabrics Act (FFA), which regulates the manufacture of highly flammable clothing and interior furnishings. Flammability regulations under the FFA are administered by the U.S. and Consumer Product Safety Commission(CPSC).
Research Methodology:The top-down and bottom-up approaches are used to estimate and validate the size of the Global Memory Foam Mattress market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Memory Foam Mattress market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Memory Foam Mattress Manufacturers, Suppliers/Distributors, Potential Investors, Government Agencies, Research Institutes and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.