Research Report on Luxury Mattress Market for Exploring Various Growth Dimensions
Global Luxury Mattress Market – Introduction
- Luxury
mattresses are widely used in premium hotels, luxurious resorts, villas,
hospitals, residential accommodations etc. A luxury mattress is a large
rectangular pad of different layers and degrees of both softness and
firmness. The major benefits of such mattresses is to offer pressure
relief, conform to the shape of the body, to spread the weight over the
surface of the mattress, and relieve pressure points. Luxury mattresses
are made from a variety of materials which include memory foam, latex,
innerspring, and hybrid materials. Luxury mattresses are considered as
quality mattresses which can reduce inflammation and problems related to
arthritis etc.
Rise in adoption or usage of mattresses made from natural
materials projected to be a driving factor for the luxury mattress market
- The
rising sale of natural mattresses having hypo allergic properties is a
growing trend. Furthermore, end-users (premium hotel chains, luxurious
resorts and villas etc.) are increasingly becoming aware about the harmful
effects of synthetic mattresses used on a regular basis. Manufacturers and
distributors sell their natural material- based mattresses for the quality
sleep and comfort they offer. These are projected to be major driving
factors of the luxury
mattress market during the forecast period.
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Increase in trend of selling luxury mattresses through
company-owned websites and e-commerce websites projected to create huge
opportunity for manufacturers and suppliers
- Rapid
increase in trend of selling products such as luxury mattresses through
online distribution channels especially on company-owned websites and on
e-commerce websites such as Amazon, Walmart, and various other regional
e-commerce portals across the globe is expected to create significant
opportunities for manufacturers and distributors of luxury mattresses
during the forecast period. Companies are also offering attractive
discounts and launching exclusive offers or payment schemes to drive the
sale of luxury mattresses on e-commerce websites etc.
Key Players Operating in the Luxury Mattress Market
Prominent luxury mattress manufacturing companies are
projected to face healthy competition during the forecast period. Brands such
as Serta Simmons Bedding, LLC, Sleep Number Corporation, Kingsdown, Inc., and
Kurlon etc. are investing heavily on research & development and focusing on
upgrading their existing portfolio of mattresses and planning to expand and
launch more comfortable and economical luxury mattresses in the market.
Companies are also undertaking mergers & acquisitions or signing agreements
with regional distributors and dealers to expand their business in various
parts of the globe. Some of the key players operating in the global luxury
mattress market include:
- Dream
Tress, LLC.
- HARRISON
SPINKS
- King
Koil
- Kingsdown,
Inc.
- Kurlon
- Magniflex
- Serta
Simmons Bedding, LLC
- Sherman
Mattresses
- Sleep
Number Corporation
- Tempur
Sealy International, Inc.
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Global Luxury Mattress Market – Research Scope
Global Luxury Mattress Market, by Product Type
- Memory
Foam Mattress
- Latex
Mattress
- Hybrid
Mattress
- Others
(Innerspring Mattress etc.)
Global Luxury Mattress Market, by Size
- Twin
- Twin
XL
- Full
- Full
XL
- Queen
- King
- California
King
- Other
Specialty Sizes
Global Luxury Mattress Market, by Thickness
- Below
5 inches
- 6 –
10 inches
- 10 –
20 inches
- Above
20 inches
Global Luxury Mattress Market, by End-use
- Residential
- Commercial
- Hotels
- Resorts
- Others
(Hospitals etc.)
Global Luxury Mattress Market, by Distribution Channel
- Online
- Company-owned
Websites
- E-commerce
Websites
- Offline
- Specialty
Stores
- Hypermarket/Supermarket
- Other
Retail Stores
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This study by TMR is all-encompassing framework of the
dynamics of the market. It mainly comprises critical assessment of consumers'
or customers' journeys, current and emerging avenues, and strategic framework
to enable CXOs take effective decisions.
Our key underpinning
is the 4-Quadrant Framework EIRS that offers detailed visualization of four
elements:
- Customer Experience
Maps
- Insights
and Tools based on data-driven research
- Actionable Results
to meet all the business priorities
- Strategic
Frameworks to boost the growth journey
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