Grid Mattress Market Size Worth $3 Billion By 2031: IndustryARC
The Global Grid Mattress Market size is predicted to reach $3 billion by 2031, growing at a CAGR of 10.2% during the forecast period 2024-2031. A grid mattress, sometimes known as a smart grid mattress, is a type of mattress with a distinct design that includes a grid-like structure. This grid is often made of high-resilience foam and is noted for its ability to conform to the shape of the body, giving improved support and comfort. Grid mattresses are well-known for their adjustability and temperature regulation, making them an excellent choice for individuals looking for a more tailored and comfortable sleeping experience, which is expected to fuel market expansion for the forecast period finds IndustryARC in its recent report, titled “Grid Mattress Market Size, Share & Trends Analysis By Size, (Single, Double, Queen, King, Custom), By Distribution Channel, (Online Retail, Independent Retailers/ Exclusive Stores, Specialty Stores, Others), By End User, (Hotel industry, Household, Hospitals, Others), By Geography – Global Opportunity Analysis & Industry Forecast, 2024-2031.”
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North America to Register Highest Growth:
Geographically, North America is analyzed to grow with the highest CAGR of 12.5% during the forecast period 2024-2031. The Grid Mattress industry in North America is expanding rapidly, owing to a variety of factors. According to Sleepline in June 2022, in the United States, there are 9,134 bed and mattress store businesses which is expected to fuel the growth of the market in the country. Grid mattresses use advanced technology such as smart grid systems to adapt to the contour of the body and provide superior support, which has raised consumer interest in these innovative goods. These mattresses frequently use non-toxic high-resilience foam, which adds to their appeal among health-conscious consumers. Grid mattresses are intended to provide exceptional comfort and support. These mattresses' soft rubber grid supports the body and promotes air circulation, making them an appealing alternative for individuals looking for a good night's sleep and relief from lower back pain. Demand for grid mattresses is growing as more people become aware of their benefits.
Grid Mattress Market 2023-2031: Scope of the Report
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Grid Mattress Market Report – Key Takeaways:
● Household Segment to Register the Highest Share
Household segment hold the highest market share of 39% in 2023. Grid mattresses, often known as "smart grid mattresses," have grown in popularity due to their creative design and comfort characteristics. These mattresses often have a grid-like structure made of materials such as high-resilience foam to provide better support and conform to the shape of the body, resulting in a more comfortable sleep experience. When it comes to the household section of the mattress market, it's crucial to remember that mattresses are necessary household products. Consumer tastes vary, but some of the important criteria that impact mattress selections in the household market include comfort, support, durability, and price. Factors such as the development of breakthrough mattress technologies, changes in consumer preferences, and the overall expansion of the mattress market are all contributing to this.
● Queen is the Fastest Growing Segment in the Market
Queen segment is estimated to grow with the highest CAGR of 11.4% during the forecast period 2024-2031. The grid mattress industry is expanding rapidly, with the queen-sized sector emerging as the fastest-growing segment. According to Sleepline in June 2022, a queen-size mattress is used by around half of all Americans owing to this Queen-sized grid mattresses have grown in popularity. Consumers are increasingly choosing Queen-sized mattresses for their spaciousness and comfort, which is fueling the expansion of this market. This tendency is sometimes linked to couples preferring a larger sleeping surface. Grid mattresses are frequently made of high-resilience foam, which intelligently conforms to the contour of the body and provides better support. This novel material assists in the growth of the grid mattress business. Grid mattresses are well-known for their orthopedic support, making them ideal for people who suffer from back and joint pain. The demand for orthopedic mattresses has led to market expansion.
● Increasing lifestyle inflation
The grid mattress market has been continuously expanding, owing to a variety of factors, including rising lifestyle inflation. Grid mattresses are well-known for their great comfort and support. They include a smart grid structure that conforms to the shape of the body, providing a comfortable sleeping surface. This feature is appealing to customers looking for a better night's sleep and more comfort. With a greater emphasis on health and wellness, grid mattresses made of non-toxic materials have grown in favor, attracting ecologically concerned buyers. The demand for grid mattresses has been increasing as more consumers become aware of their benefits. The grid mattress market is crowded, with numerous brands and types to choose from. This rivalry promotes innovation and quality enhancements, which eventually benefit customers.
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Key Opportunity Analysis:
Shifting interest toward healthy and hygienic sleep
The grid mattress industry is expanding rapidly, owing to a shift in consumer preference for healthy, sanitary sleep. Grid mattresses are intended to improve air circulation. According to Sleepline in June 2022, 43% of consumers prioritized mattresses for back support, grid construction provides for greater airflow, which can aid in temperature regulation and humidity reduction while sleeping, adding to a healthier sleeping environment. The grid design relieves pressure effectively, making it ideal for people suffering from back discomfort or orthopedic disorders. This feature is appealing to individuals looking for a healthy sleeping alternative. Many grid mattresses are made of non-toxic, high-resilience foam, demonstrating a dedication to health and safety. As consumers prioritize improved sleep and overall wellness, the grid mattress industry is expected to expand more. The benefits of smart grid mattresses have been highlighted in expert reviews and recommendations, increasing customer interest and trust in this mattress type. These are the factors creating opportunities for the market.
Growing Demand for Non-Toxic, Eco-Friendly Grid Mattresses
The grid mattress market is expanding due to rising demand for non-toxic and environmentally friendly mattress solutions. Grid mattresses are frequently built of non-toxic materials such as high-resilience foam, making them safer for both consumers and the environment. This is appealing to health-conscious consumers looking for a more environmentally friendly bedding alternative. Grid mattresses are made from recyclable and renewable materials, making them more environmentally friendly. This is consistent with the growing trend of environmentally concerned consumer decisions. Some grid mattresses include smart grid technology that intelligently adapts to the contour of the body to provide superior support. This novel technique appeals to people looking for a more tailored and comfortable sleeping experience. Overall, the grid mattress industry is growing as more people seek healthier and more ecologically friendly sleeping options, as well as the advantages of modern technology.
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The Report also Covers the Following Areas:
● Grid Mattress Market Size and Forecast
● Grid Mattress Market Trends
● Grid Mattress Market Analysis by Deployment Type
Grid Mattress Market 2023-2031: Key Highlights
● CAGR of the market during the forecast period 2024-2031
● Value Chain analysis of key stake holders
● Detailed analysis of market drivers and opportunities during the forecast period
● Grid Mattress Market size estimation and forecast
● Analysis and predictions on end users’ behavior and upcoming trends
● Competitive landscape and Vendor market analysis including offerings, developments, and financials
● Comprehensive analysis of challenges and constraints in the Grid Mattress Market.
Covid and Ukrainian Crisis Impact:
● The COVID-19 epidemic has had a major influence on many businesses, including the mattress industry. During the epidemic, the worldwide supply chain was interrupted, affecting the manufacture and availability of a variety of products, including beds. Grid mattresses, like other varieties, may have had material and production difficulties. There was an increasing demand for comfy and supportive mattresses as people spent more time at home due to lockdowns and remote work. Grid mattresses, which are known for their adaptability to body types, have become popular pertaining to this time.
● The Russian invasion of Ukraine in 2022, the economic stability and spending power of Russian and Ukrainian consumers can have a considerable impact on mattress demand. Consumer expenditure on mattress items can be influenced by economic factors such as inflation and currency exchange rates. Consumer tastes and developments in these countries may have an impact on the types of mattresses that are in demand. Preferences for memory foam, spring, or smart grid mattresses, for example, can have an impact on the market. Local and multinational mattress makers and merchants can have an impact on market dynamics. Competitive price, product quality, and marketing techniques are all important considerations.
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List of Key Market Players in Grid Mattress Market:
The key companies profiled in the Grid Mattress Market Report are listed below:
1. Sealy Technology LLC
2. The Sleep Company
3. Springtek
4. Pepperfry Limited
5. Livpure
6. Purple Innovation, LLC
7. HiGRID
8. Wakefit
9. Ueesleepy
10. Julius Zöllner GmbH & Co KG
11. Stiegelmeyer GmbH & Co. KG
12. Sound Sleep Ltd.
13. Emma Sleep UK
14. ReST
15. Costco Wholesale Corporation
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Global Memory Foam Mattress Industry Market – The Global Memory Foam Mattress Industry Market size is projected to grow at a CAGR of 4.5% during the forecast period from 2024 to 2031. Due to rising acute back pain, the demand for memory foam mattresses is bound to rise.
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