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The air mattress and beds market size is forecast to increase by USD 111.1 million at a CAGR of 9.39% between 2023 and 2028. The market is witnessing significant growth due to several key trends. The rise in online retailing is driving market growth, as consumers increasingly prefer the convenience of purchasing these products from the comfort of their homes. Additionally, there is an increasing end-user preference for customized air mattresses and beds, which cater to individual comfort requirements and sleeping positions. Furthermore, fluctuations in raw material prices, particularly for materials such as PVC and rubber, impact the market dynamics. Despite these growth factors, challenges persist, including concerns over product durability and safety, as well as increasing competition from traditional mattresses and beds. Overall, the market is expected to continue its growth trajectory, driven by these trends and the increasing popularity of these products among consumers.
The market is witnessing significant growth due to the odor-free nature and durability of these products. The inflatable mattresses and sleeping pads offer the convenience of being easily transportable, making them ideal for camping trips and holiday homes. The stiffness of these mattresses provides adequate support for the back, bones, and joints, alleviating pressure points and improving blood circulation. This is especially beneficial for individuals suffering from back pain or those seeking a healthy lifestyle. Available in various sizes, including full-size products, twin size, king size, and queen size, these mattresses cater to different user needs. They are also available in different materials such as rubber and plastic, ensuring user convenience.
The inner chambers of these mattresses can be adjusted to desired firmness levels, providing optimal posture and comfort. In urban areas, where space saving is a priority, air mattresses and beds offer a practical solution for small room sizes in nuclear families. Medicated air mattresses are also gaining popularity due to their added health benefits. Overall, the market is expected to continue its growth trajectory, driven by the increasing demand for comfortable and convenient sleeping solutions.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
The commercial segment is estimated to witness significant growth during the forecast period. The market is experiencing significant growth due to increasing demand from both the commercial and consumer sectors. In the commercial industry, air mattresses and beds are widely used in hotels, hospitals, and correctional facilities for their portability and easy storage. The hospitality industry's expansion, driven by the tourism sector, creates a growing need for extra beds, providing opportunities for the market. Consumers are increasingly seeking comfortable and luxurious sleeping solutions, especially during holidays and outdoor activities. Air mattresses offer comfortable and affordable alternatives to traditional beds, particularly for camping trips and guest beds. Super-low-priced air mattresses and twin-sized low-profile variants cater to this demand.
Further, social media campaigns and marketing efforts have also contributed to the market's growth, increasing awareness of the benefits of air mattresses and beds. These benefits include relief from sleep-related disorders, durability, adjustability, and health benefits such as pressure point relief and improved blood flow. Air mattresses and beds come in various sizes, from sleeping pads to full-size products, and are made of materials like rubber and plastic. They can also be used as water props for aquatic activities. The market's growth is further driven by the popularity of healthy lifestyles and the increasing prevalence of sleep disorders such as back problems and joint injuries. Innovations in technology, such as Kurlon's Kurlopedic technology and air-flow technology, offer additional comfort and durability, making air mattresses and beds an attractive option for consumers and commercial establishments alike.
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The commercial segment accounted for USD 95.70 million in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 44% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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During holiday seasons, the demand for comfortable bedding solutions waves, particularly for those suffering from sleep-related disorders. Super-low-priced air mattresses have gained popularity as an affordable alternative to traditional beds. Social media campaigns and strategic marketing efforts have increased their visibility, making them a go-to choice for consumers. Twin-sized low-profile variants are ideal for guest beds, vehicles, and road trips. Inflatable mattresses, sleeping pads, and water props are common types, available in various sizes, from rubber and plastic materials. Camping trips are another significant market for air mattresses. Full-size products with inner chambers provide optimal comfort and durability, ensuring a healthy lifestyle for outdoor enthusiasts.
Additionally, air-flow technology and adjustable features offer relief from back problems, joint injuries, and pressure points, enhancing blood flow and promoting healthy sleep. The commercial industry, including restaurants and schools, also utilizes air mattresses as temporary sleeping beds. Kurlon's Kurlopedic technology and other advanced innovations further improve the health benefits of these mattresses, making them a preferred choice for consumers seeking comfortable and durable sleeping solutions.
Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
An increase in online retailing is the key driver of the market. The market encompasses a range of sizes, including full, twin, king, and queen. These mattresses are increasingly popular in various applications, such as holiday homes and small room sizes in urban areas. Medicated air mattresses offer additional benefits, including pressure relief for individuals and nuclear families. With the growing availability of the Internet and smart gadgets, consumers have greater access to these products through online platforms. companies and retailers are expanding their reach and consumer base by selling air mattresses and beds online.
Further, small and local market players are also experiencing increased sales by making their products available online. Online retailing provides better customer reach compared to offline retailing, as consumers can access these stores 24/7 from anywhere. This convenience and the additional transactional features of e-commerce platforms are driving the growth of the market.
Increasing end-user preference for customized air mattresses and beds is the upcoming trend in the market. companies in The market cater to diverse customer needs by providing customized models. These personalized offerings include full size, twin size, king size, and queen size air mattresses, designed to fit various room sizes and accommodate nuclear families. In urban areas with limited space, space-saving solutions are preferred. companies also address the needs of individuals with specific requirements, such as those suffering from back problems, by offering medicated air mattresses for pressure relief. Both online and offline platforms are utilized for sales, allowing customers to make purchases at their convenience.
Additionally, end-users in holiday homes and other facilities may require non-standard mattress sizes, which companies address through customization strategies. By focusing on individual requirements and offering customized solutions, companies aim to build strong customer relationships and increase market penetration.
Fluctuations in raw material prices is a key challenge affecting the market growth. The market encompasses various sizes, including full, queen, king, and twin. In urban areas and holiday homes, these space-saving solutions cater to the needs of nuclear families and small room sizes. Medicated air mattresses offer pressure relief, making them an attractive option for individuals seeking comfort and pain relief. Manufacturing costs for air mattresses and beds are influenced by raw material prices, particularly petroleum-based polyurethane. Fluctuations in these costs create uncertainties in manufacturing plans, impacting the supply-demand balance negatively. Consequently, high manufacturing costs result in increased product prices, potentially hindering sales and affecting company revenue.
Moreover, the growth of The market relies on the petrochemicals industry, as polyurethane is a crucial raw material. Price instability in the petrochemicals sector may lead to production challenges and negatively affect market expansion. Despite these challenges, online and offline platforms continue to offer a wide range of options for consumers seeking comfortable and space-saving solutions.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market is witnessing significant growth due to the odor-free nature and durability of these products. Air mattresses offer superior pressure alleviation, which is essential for individuals suffering from back pain, bones, and joint issues. The convenience of inflating and deflating these mattresses makes them a popular choice for hotels and hospitals, as well as for international tourists and wellness tourism. Moreover, air mattresses are ideal for urban regions and nuclear families, who require space-saving products for extra beds. The commercial application segment includes hotels, hospitals, and outdoor sites, while the household application segment caters to individual consumers. The inflatable nature of air mattresses ensures ease of transportation and use at vacation spots.
However, concerns regarding air leaks and durability are being addressed with advancements in materials, such as polyvinyl chloride. The market for traditional mattresses is facing stiff competition from air mattresses, as the latter offers user convenience and pressure alleviation. The convenience of pre-installed air mattresses in commercial applications and the availability of exclusive products through e-commerce stores and online shopping have further boosted market growth. However, concerns regarding the use of dangerous contaminants in some air mattresses and the additional costs of extra room charges for hotels and hospitals remain challenges for the market. Overall, the market for air mattresses and beds is expected to continue its growth trajectory, driven by increasing demand for user convenience, pressure alleviation, and blood circulation, as well as posture support.
Market Scope |
|
Report Coverage |
Details |
Page number |
158 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 9.39% |
Market growth 2024-2028 |
USD 111.1 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
8.36 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 44% |
Key countries |
US, China, Germany, India, and Canada |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Alps Brands, Bestway Inflatables and Material Corp., Drive DeVilbiss Healthcare Ltd., Elanor Surgicals, Englander Sleep Products, Exxel Outdoors LLC, Hospital Equipment Manufacturing Co., King Koil Licensing Co. Inc., LunoLife Inc., Newell Brands Inc., Relief-Mart Inc., Restwell Sleep Products, Saif Care, Silverline meditech Pvt. Ltd., Sleep Judge, SoundAsleep Products, Spring Air International, STE, Tempur Sealy International Inc., and Wenzel |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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