A Glimpse into the Future: Air Mattress Market to Witness 9.0% CAGR by 2029

Comments · 175 Views

The air mattress market is primarily dominated by commercial sector such as hotels, hospitals, and holiday homes etc.

The global air mattress market size is expected to reach US$ 330 Million by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at a CAGR of 9.0% in 2029.

The report listed a reduction in indoor space as one of the factors helping to make Inflatable bed and beds an important product for urban residents. High durability, no odor and their ability to expand fully in a few minutes should increase sales worldwide.

The report provides a holistic view of the market including analysis on drivers, restrictions and trends in development. This provides it with its own very distinctive research methods by which to analyze the market situation.

Empower Your Growth – Request Your Sample Report for a Strategic Edge! https://www.futuremarketinsights.com/reports/sample/rep-gb-11103

Key Factors Fueling the Air Mattress Market Boom:

  • Growing demand for outdoor activities: Camping, hiking, and other outdoor adventures are gaining popularity, driving the need for portable and comfortable sleeping solutions. Air mattresses offer a perfect blend of both.
  • Increasing urbanization and smaller living spaces: As cities become more crowded, living spaces tend to shrink. Air mattresses provide a convenient and space-saving option for guest accommodation or occasional use.
  • Technological advancements: Innovations like built-in pumps, self-inflating designs, and improved comfort features are making air mattresses more user-friendly and appealing to a wider audience.
  • Rising disposable incomes and changing consumer preferences: Consumers are increasingly prioritizing experiences and leisure activities, leading to a higher disposable income and a willingness to invest in comfortable and convenient products like air mattresses.
  • E-commerce boom: The convenience and wide selection offered by online platforms are driving sales and making air mattresses more accessible to a global audience.

Opportunities for Market Players:

  • Focus on innovation: Develop new features and technologies that enhance comfort, convenience, and durability.
  • Cater to diverse needs: Offer a variety of sizes, designs, and functionalities to cater to different user segments (camping, home use, guests, etc.).
  • Embrace sustainability: Use eco-friendly materials and manufacturing processes to appeal to environmentally conscious consumers.
  • Leverage online platforms: Partner with e-commerce giants and utilize digital marketing strategies to reach a wider audience.

Who is Winning?

Some of the leading players operating in the Air Mattress market are DeVilbiss Sidhil Ltd.; ALPS Mountaineering; SizeWise; LazerLazery; Sleepy Sleep; Restoration Goods; Bestway; Somnio LLC; American National Manufacturing, Inc.; Intex Development Co. Ltd.; and WENZEL Group, Coleman Company, Inc., Sound Asleep Products, Fox Air Beds, King Koil etc. As a result of increasing competition, companies are focusing on expanding their product portfolio with innovative offerings. In addition to this, mergers and acquisition remains a popular strategy among market players. Companies intend to expand their regional footprint through strategic collaborations.

  • Growing health concern related to the toxic elements used in air matters, have pushed the consumers towards nontoxic beds which in result also pushed the manufacturers to come up with new innovative nontoxic air mattress options such as lightweight PVC free air bed. Alps Mountaineering has introduced its velocity bed made of nontoxic elements.
  • In 2019, Coleman Queen had launched queen-size air mattress which provide built-in electric pump along with the air mattress.

Gain Immediate Access to Detailed Market Insights: https://www.futuremarketinsights.com/checkout/11103

Market Segmentation

The global air mattress market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.

By Product Type

  • Medicated
  • Non-medicated

By Size

  • Full
  • Twin
  • King
  • Queen
  • Other

By Pump Type

  • Electric
  • Battery Operated
  • Other

By Application

  • Residential
  • Commercial
    • Hotels
    • Hospitals
    • Others

By Price Range

  • High/premium
  • Mid-range/economy
Comments