Luxury and Premium Mattress Market Size, Growth | Industry Report, 2021-2027
The global Luxury and Premium Mattress market gathered revenue around USD 10.0 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 6% during the prediction period 2021 to 2027. Luxury and premium mattress is a comfort bedding product that helps the user enjoy quality sleep and rest. It enhances the interior of residential and commercial spaces. On the other hand, luxury and premium mattresses made of natural filling such as down, feather, cotton, and wool, have gained momentum driving the market in recent years.
The increasing sales of luxury and premium mattresses through several eCommerce sites are likely to drive the market in the upcoming years. End users preferring new designs, patterns, and a blend of material to obtain better comfort are influencing the demand for luxury and premium mattresses. The surging number of premium commercial spaces across the globe is also a factor promoting the sales of luxury and premium mattresses. In addition, users are personally opting for luxury and premium mattresses of recognized brands, materials, processing, and certification, which is also a factor encouraging the growth of the market.
The growing popularity of luxury and premium mattresses in the residential sector is likely to augment the demand in the near future. The increasing number of commercial spaces such as hotels, resorts, and spas are an opportunity for growth in the luxury and premium mattress market. Suppliers may also promote several modules of premium interiors across the globe in order to gain the attention of users about their products. In addition, suppliers may also collaborate with commercial spaces such as resorts and hotels in order to provide them with customized solutions and increase the sales of their product.
Global Luxury and Premium Mattress Market explores the current outlook of the whole market. This report provides a comprehensive and insightful preface of the market, Revenues by players, Revenues by regions, market with value chain structure, Average prices, Competitive landscape, policy study, Dynamics analysis using admissible tools and techniques, market target segmentation and industry trends and developments during the forecast period 2021-2027.
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Luxury and Premium Mattress market report empower readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Regional Analysis
The research report includes a detailed study of regions of North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2016 to 2027. These analyses will help the reader to understand the potential worth of investment in a particular region.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2016 to 2021. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.
Competitive Landscape
Competitive Landscape and Market Luxury and Premium Mattress Market Share Analysis
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2017 to 2021.
The analysts have provided a comprehensive analysis of the competitive landscape of the global Luxury and Premium Mattress market with the company market structure and market share analysis of the top players. The innovative trends and developments, mergers and acquisitions, product portfolio, and new product innovation to provide a dashboard view of the market, ultimately providing the readers accurate measure of the current market developments, business strategies, and key financials.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users) and other segments.
Significant Market Participants Operational in the Luxury and Premium Mattress Market are:
The global luxury and premium mattress market include Harrison Spinks, Jensen, Kingsdown, Inc., Femira Bettensysteme GmbH & Co. KG, Oschmann Comfortbetten GmbH, Tempur Sealy International, Inc., Sleep Number Corporation, and RUF Betten GmbH.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:
Global Luxury and Premium Market: Segmentation
Luxury and Premium Market, by Product Type
Luxury and Premium Market, by End User
Luxury and Premium Market, by Distribution Channel
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
In this study, the years considered to estimate the market size of Luxury and Premium Mattress are as follows:
Highlights following key factors:
Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type, application (end users) and others.
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Nova one advisor and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
Research Methodology
The research methodology adopted by analysts for compiling the report on the global Luxury and Premium Mattress market is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts of the global Luxury and Premium Mattress market.
Secondary resources referred to by analysts during the production of the report on the global Luxury and Premium Mattress market include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and market white papers. Analysts also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of study on the global Luxury and Premium Mattress market as a primary source.
These primary and secondary sources provided exclusive information during interviews, which served as a validation from leading players operating in the global Luxury and Premium Mattress market. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global Luxury and Premium Mattress market with accuracy. The study also uses the top-down approach to assess numbers for each segment and the bottom-up approach to counter-validate them. This has helped in making our estimates on future prospects of the global Luxury and Premium Mattress market more reliable and accurate.
The study objectives of this report are:
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles
(Upto 5 With No Cost)
Additional Countries (Apart
From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers