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The predicted growth for the adjustable bed base and bed set market share from 2021 to 2026 is USD 3.84 billion at a progressing CAGR of 9.55%.
This adjustable bed base and bed set market forecast report extensively covers segmentations by:
The adjustable bed base and bed set market report offers information on several market vendors, including Adjustable Bed Enterprises Inc., Amerisleep LLC, Ascion LLC, Bedframes.com LLC, Boyd Sleep, CVB Inc., Easy Rest Adjustable Sleep Systems, Glideaway Sleep Products, Hickory Springs Manufacturing Co., Klaussner Home Furnishings, Leggett and Platt Inc., Natural Form, Personal Comfort, Primo International Inc., Qisheng Technology Co. Ltd., Serta Simmons Bedding LLC, Sleep Number Corp., Southerland Sleep, Tempur Sealy International Inc., and The Sleep Co. among others. Furthermore, our analysts have provided valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches for the coming years.
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40% of the market's growth will originate from North America during the forecast period. The US is the key market for adjustable bed base and bed set market in North America. Market growth in this region will be faster than the growth of the market in South America.
The stringent regulations for the setting up of proper infrastructure suitable for healthcare practices and patient comfort in healthcare establishments will facilitate the adjustable bed base and bed set market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The adjustable bed base and bed set market in North America witnessed moderate growth in 2020, owing to the outbreak of the COVID-19 pandemic. However, the rise in hospitalizations due to COVID-19 increased the demand for adjustable bed bases and bed sets from healthcare facilities in 2020. Hence, the adjustable bed base and bed set market in North America witnessed moderate growth, especially in 2020.
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The adjustable bed base and bed set market share growth by the offline segment will be significant during the forecast period. Post-lockdown, the reopening of retail stores in countries across the globe was expected to lead to the recovery and stabilization of the market situation during the rest of the forecast period. Further, owing to the rise in the demand for adjustable bed bases and bed sets from hotels and resorts, increasing demand from the residential segment with the growing awareness of healthy posture while relaxing and working, and the rise in the number of healthcare facilities with demand for comfortable hospital beds are the major factors expected to propel the growth of the offline segment of the global adjustable bed base and bed set market during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the adjustable bed base and bed set market size and actionable market insights on post COVID-19 impact on each segment.
Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The growing residential construction market is notably driving the adjustable bed base and bed set market growth, although factors such as the long product replacement cycle may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the adjustable bed base and bed set industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Adjustable Bed Base and Bed Set Market Driver
Key Adjustable Bed Base and Bed Set Market Trend
Key Adjustable Bed Base and Bed Set Market Challenge
This adjustable bed base and bed set market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the adjustable bed base and bed set market encompasses successful business strategies deployed by the key vendors. The adjustable bed base and bed set market is fragmented and the vendors are deploying growth strategies such as labor, technology, and CAPEX to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The adjustable bed base and bed set market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Technavio categorizes the global adjustable bed base and bed set market as a part of the global home furnishings market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the adjustable bed base and bed set market during the forecast period.
Our report provides extensive information on the value chain analysis for the adjustable bed base and bed set market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
Smart Bed market - The market share is expected to increase to USD 1.13 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.52%.
Bedding market - The market share should rise by USD 25.42 billion from 2021 to 2025 at a CAGR of 8.81%.
Adjustable Bed Base and Bed Set Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.55% |
Market growth 2022-2026 |
$ 3.84 billion |
Market structure |
Fragmented |
YoY growth (%) |
8.56 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 40% |
Key consumer countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Adjustable Bed Enterprises Inc., Amerisleep LLC, Ascion LLC, Bedframes.com LLC, Boyd Sleep, CVB Inc., Easy Rest Adjustable Sleep Systems, Glideaway Sleep Products, Hickory Springs Manufacturing Co., Klaussner Home Furnishings, Leggett and Platt Inc., Natural Form, Personal Comfort, Primo International Inc., Qisheng Technology Co. Ltd., Serta Simmons Bedding LLC, Sleep Number Corp., Southerland Sleep, Tempur Sealy International Inc., and The Sleep Co. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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