2024-2033 Global Memory Foam Mattress Market Outlook: Projected Size and Growth Rate
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Memory Foam Mattress Market Growth Forecast 2024-2033: What’s the Expected Rate?
The memory foam mattress market is projected to rise from $5.32 billion in 2023 to $5.74 billion in 2024, with a CAGR of 8.1%. Factors influencing this growth include sustainability concerns, demographic changes, celebrity endorsements, and market expansion.
The memory foam mattress market is anticipated to grow strongly, reaching $7.92 billion by 2028 at a CAGR of 8.3%. Growth drivers include sleep disorders and e-commerce expansion. Major trends include smart technology, enhanced cooling properties, and hybrid designs.
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What Factors Are Impacting the Growth of the 2024-2033 Global Memory Foam Mattress Market Outlook: Projected Size and Growth Rate Market?
The expansion of e-commerce is projected to enhance the memory foam mattress market. E-commerce involves online transactions for products and services, driven by internet accessibility and convenience. It allows consumers to easily access various memory foam mattresses. For instance, the Census Bureau reported a 7.5% increase in e-commerce sales in Q4 2023 compared to the previous year. Thus, the expansion of e-commerce is driving the memory foam mattress market.
What Are the Fundamental Segments in the Memory Foam Mattress Market?
The memory foam mattress market covered in this report is segmented –
1) By Type: Below 10 Centimeter, 10-30 Centimeter, Above 30 Centimeter
2) By Size: Twin, Twin Extra Large, Full Size, Other Sizes
3) By Applications: Residential Use, Commercial Use
What Trends Are Shaping the New Direction of the Memory Foam Mattress Market?
Companies in the memory foam mattress market are emphasizing cooling technology mattresses for better sleep experiences. In February 2024, Malouf Home introduced a new FlexFill Pillow with cooling features to enhance comfort during sleep.
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Which Regions Are Making a Mark in the Memory Foam Mattress Market Growth?
Asia-Pacific was the largest region in the memory foam mattress market in 2023. The regions covered in the memory foam mattress market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Memory Foam Mattress Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the memory foam mattress market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Memory Foam Mattress Market Include
1. Memory Foam Mattress Market Executive Summary
2. Memory Foam Mattress Market Segments
3. Memory Foam Mattress Market Size And Template Market Growth Rate
4. Key Memory Foam Mattress Market Trends
5. Major Memory Foam Mattress Market Drivers
……
25. Key Mergers And Acquisitions In The Memory Foam Mattress Market
26. Top Memory Foam Mattress Companies
27. Memory Foam Mattress Market Opportunities And Strategies
28. Memory Foam Mattress Market, Conclusions And Recommendations
29. Appendix
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