Global Hybrid Mattress Market Report offers the present-day situation and the growth projections of the business for 2019-2023 period. The Hybrid Mattress Market Report helps in figuring the market size, the report considers the revenue generated from the sales worldwide. Hybrid Mattress Market encompassed in Consumer Durables & Apparel,Household Durables,Home Furnishings Sector has been equipped based on an in-depth market analysis with inputs from industry experts which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, Strategy Advisor, manufactures, potential investors, strategy growth manager to understand the present as well as future market size, situations in terms of growth rate and revenue.
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About Hybrid Mattress Market
The presence of a highly developed offline retail industry in developed countries such as the US and the UK will likely drive the global hybrid mattress market. Large organized retail stores offer the option of selecting the desired product among many brands under one roof. The rising number of brand-conscious consumers has enhanced the value of organized retailers offering branded hybrid mattresses. The prominent organized retail sector allows consumers to search for information on brands to differentiate them over quality, price, and comfort level before making their purchase decisions. The sale of hybrid mattresses via the offline retail channel is growing with a shift in consumer preference from traditional to modern retail channels such as specialty stores. This will have a positive impact on the manufacturers and retailers of branded products in the market. Therefore, the increase in the number of manufacturer and third-party retail outlets along with omnichannel presence, will boost the growth of the market. Research analysts have predicted that the hybrid mattress market will register a CAGR of over 8% by 2023.
- Growth of real estate and construction industry
- The growth of the real estate industry has positively influenced the hospitality, tourism, and residential sector. This has resulted in an increased demand for household furnishings, including mattresses. Urbanization and significant investments in infrastructure are helping the global construction industry to grow. With the housing sector witnessing an incremental growth in construction activities, the demand for hybrid mattresses is anticipated to rise during the forecast period. The high consumption of mattresses by the residential and hospitality sector has made the construction industry one of the largest end-users of the global hybrid mattress market. Residential sector activities, including new house construction and renovation and modification of existing houses, generate the demand for hybrid mattresses, which plays a vital role in shaping the global hybrid mattress market.
- Volatility in raw material prices
- The commonly used raw materials for hybrid mattresses are innerspring, helical spring, box spring, natural fiber, several types of foams (inducing PU foam and memory foam), and other covering materials. The availability of these raw materials varies from country to country, which affects the production capability of vendors. For instance, a variation in logistic service costs, price of raw materials, and availability of warehousing facility can change the production capabilities of a vendor. Therefore, the price of a finished product influences its adoption in the market. Thus, the volatility in raw material prices in various countries challenges the global hybrid mattress market.
- For the detailed list of factors that will drive and challenge the growth of the hybrid mattress market during 2019-2023, view our report.
- The market appears to be moderately fragmented. The presence of several companies, including Brentwood Home and Kingsdown Inc., makes the competitive environment quite intense. Factors such as the growth of real estate and construction industry and the highly developed offline retail sector in developed countries will provide significant growth opportunities to the hybrid mattress manufacturers. Restonic Mattress Corp., Serta Simmons Bedding LLC, and Tempur Sealy International Inc. are some of the major companies covered in this report.
Porter’s five forces analysis included in the report educates the buyer on the current situations along with anticipated future Hybrid Mattress market size.
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The report splits the global Hybrid Mattress market into the Americas, Asia-Pacific, Europe, the Middle East and Africa Region. The Hybrid Mattress Market report provides a detailed analysis of the key players in the market which provides a company overview, financial overview, service offering, different strategies used by them, and comprehensive SWOT analysis of –
- Brentwood Home
- Kingsdown Inc.
- Restonic Mattress Corp.
- Serta Simmons Bedding LLC
- Tempur Sealy International Inc.
The CAGR of each segment in the Hybrid Mattress market along with global market (as a whole) is explained with great ease. Also, global and regional Hybrid Mattress market supply chain analysis provides vital info about producers, distributors and key end-users in the market. It also explains import-export situations, affecting factors etc. to fully and deeply reveal market situations.
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Influencing Factors of Market:
- Market Environment: Government Policies, Market Risks, Technological Changes,
- Market Drivers: Progressing Demand, Cost Reduction, Market Opportunities, Limits, and Challenges.
- Market Size: Global Size, by Type/Product Category, Applications/End Users, and By Regions/Geography.
- Key Data: Market Size, Market Share, Product Sales Price, Growth, and Growth Rate.
This Hybrid Mattress market research is the result of
- Quantitative analysis: – Hybrid Mattress Market size and forecast, Market segmentation, Geographical insights, Competitive landscape.
- Qualitative analysis: – Hybrid Mattress Market drivers, Market challenges, Market trends, Five forces analysis.
- Primary research: –Hybrid Mattress Industry journals and periodicals, Government bodies, Annual reports of key stakeholders.
- Secondary research: – Hybrid Mattress Manufacturers/suppliers, Channel partners, Industry experts, Strategic decision makers.
- Data synthesis: – Collation of data, Estimation of key figures, Analysis of derived insights.
- Data validation: – Triangulation with data models, Reference against proprietary, databases, Corroboration with industry experts.
Other Analyses: Apart from The Aforementioned Information, Trade and Distribution Analysis for The Manufactured Housing Industry, SWOT Analysis for New Projects and Feasibility Analysis for New Investment Are Included.
Name: Mr. Ajay More
Email: [email protected]
Organization: 360 Market Updates
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