Global Air Mattress Market, Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, And Forecast To 2029

                                          
Global Air Mattress Market 2021: By Product Type (Twin, Full, Queen, King, Others), By Application (Commercial, Household)

Global Air Mattress Market is the title of an upcoming research report being prepared by Trusted Business Insights. Key factors have been studied and assessed in-depth to ensure that vital information and data are presented in the report with well-organized flow and format. Revenue shares of each segment, region, and countries have been included along with revenue growth driving factors, restraints, as well as opportunities in untapped regions and economies. The company profiles of key players comprise detailed information, recent developments, strategies, and acquisitions & mergers, etc. 

The Global Air Mattress market size was valued at USD $1.6 Billion in 2020, USD $1.71 Billion in 2021, forecasted to reach  USD $1.82 Billion in 2022, and is projected to reach USD $3.03 Billion by 2030, and is anticipated to expand at a CAGR of 6.6% over the forecast period from 2020 to 2030.

Global Air Mattress Market: Overview

An air mattress is an inflatable mattress and is also known as a sleeping pad. Due to its buoyant nature, air mattresses are also used as water props in countries such as the UK and are known as lilo. Air mattresses are generally made of rubber or plastic. These are conveniently useful products while on camping trips, etc. due to its portability.

Global Air Mattress Market: Dynamics

Drivers:  The soaring demand for air mattresses due to its adjustable, durable, and easy-to-fit characteristics are factors that are fueling this markets growth. In addition, these products offer health benefits, especially to individuals with acute back problems and joint injuries by providing optimal support and firmness. Air mattresses possess special features including shifting pressure points that vary depending on an individuals position while sleeping on it. These pressure points provide individuals suffering from back pain a certain amount of relief. These mattresses also facilitate a better flow of blood in the body.

Furthermore, a growing number of travelers, coupled with the increasing penetration of wellness tourism, are projected to promote the use of air mattresses in hotels, hospitals, etc.

Segment Analysis:

By Product Type: Among product type segments, the twin product type is expected to generate a high revenue share over the coming years. Consumers prefer to purchase these mattresses due to easy availability and lower cost price through hypermarkets, supermarkets, convenience stores, and other brand outlets. A growing inclination towards nuclear family units coupled with the surging cost of real estate is driving the people to accommodate themselves in smaller living spaces, which, in turn, will promote the use of air mattresses over the coming years.

By Application: The segment for commercial application continues to account for the majority revenue share of the air mattress market. Hospitals, for example, are utilizing air mattresses in their wards as well as keeping stock of them to provide accommodation in case there is a visiting guest or an additional room occupant is contributing to the growth of this market.

Regional Analysis:

North America is expected to continue its dominance in terms of the majority revenue share of the global air mattress market. Growing concerns over disorders related to sleep deprivation and insomnia owing to hectic work schedules and personal stress-related issues are among other factors that are fueling this markets growth.  The demand for air mattresses is primarily driven by an increasing inclination towards the adoption of healthier lifestyles among consumers in the region.

The Asia Pacific market is projected to index a fast growth rate over the next ten years. Increasing disposable income levels among individuals belonging to developing economies such as India, China, and South Korea coupled with rapid urbanization and increasing employment opportunities are some of the key factors that are contributing to this markets growth in the region. Owing to its lightweight and versatility, air mattresses are highly sought after products in several emerging economies, mostly by individuals that live in smaller-sized accommodations.

Below are the leading companies profiled in this Air Mattress Market Report:

  
Al Mattress
  
ALPS Mountaineering
  
American National Manufacturing Inc.
  
Bestway Inflatables & Material Corp.
  
Drive DeVilbiss Healthcare
  
Exxel Outdoors
  
Intex Development Co. Ltd
  
King Koil India.
  
LazerLazery
  
Magenta Lifecare Pvt. Ltd.
  
MattressFirm.com
  
Newell Brands
  
PARAMOUNT BED CO.LTD.
  
Relyon Beds Ltd.
  
Restoration Goods
  
SERTA SIMMONS BEDDING
  
SIZEWISE RENTALS
  
Sleepy Sleep
  
Somnio LLC
  
Spring Air International.
  
WENZEL Group.

Global Air Mattress Market Segmentation:

By Product Type

  
Twin
  
Full
  
Queen
  
King
  
Others

By Application

  
Commercial
  
Household
This research comprehensively answers the following 9 important questions:

  
Q.1. What are some of the most promising growth trends in the Air Mattress market worldwide?
  
Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
  
Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
  
Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Air Mattress market?
  
Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Air Mattress market?
  
Q.6.What are the emerging trends post COVID-19 reshuffle in this Air Mattress market and the what are reasons behind these trends and do they translate in global exploration?
  
Q.7. Who are the major global and regional players in the Air Mattress market? Which are the strategic initiatives key players are pursuing for business growth?
  
Q.8.Which are the competing products in Air Mattress market and how big of a threat do they pose for loss of market share by material or product substitution?
  
Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Air Mattress industry?