Global Memory Foam Mattress Market is expected to register conservative growth in the forecast period of 2019-2026. Increasing demand of the mattresses is the major factor for the growth of this market. Global Memory Foam Mattress Market By Type (Below 10cm, 10- 30cm, Above 30cm), Applications (Residential Use, Commercial Use), Size (Twin, Twin XL, Full Size, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
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Memory foam which is also referred as viscoelastic polyurethane foam or low-resilience polyurethane foam usually consists of polyurethane and other chemicals so that the viscosity and density can be increased. It is a combination of memory foam and springs. It uses the body heat to soften and mould as per the shape of the body and provides support and comfort.
- Increase in the back pain is the major factor driving the market.
- It provides support and comfort to the user which is driving the market.
- The long replacement cycle is restraining the growth of this market.
Segmentation: Global Memory Foam Mattress Market
- Below 10cm
- 10- 30cm
- Above 30cm
- Residential Use
- Commercial Use
- Twin XL
- Full Size
- North America
- South America
- Middle East & Africa
Key Developments in the Market:
- In September 2016, Portronics announced the launch of their new memory foam mattress mousepad Comfy. It is one of the most comfortable and is ergonomically designed mouse- pads. The memory foam makes it very comfortable for the wrist and fingers.
- In January 2018, Cecorelax announced the launch of the Graphene Memory Foam Pillow which was a pillow made from the memory- foam and is enhanced with the graphene particles. This pillow maintains the body temperature and is highly resistant, light and flexible.
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Global memory foam mattress market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of memory foam mattress market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in the memory foam mattress market are
- Tempur Sealy International, Inc.,
- Serta, Inc.,
- Simmons Bedding Company LLC.,
- Sinomax USA Inc.,
- Corsicana Mattress Company,
- Kingsdown, Inc.,
- King Koil,
- Casper Sleep Inc.,
- Hilding Anders AB,
- Dorel Industries Inc.
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of Market Segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market Drivers and Restraints analysis along with the analysis of the market structure