Bed Mattress Market Trends

Growth Drivers

• Growing geriatric population - Life expectancy is increasing across the world. Nowadays, large number of people are predicted to live into their sixties or beyond. This tendency is apparent in several countries across the world.
  
  For instance, according to the World Health Organization, 1 in 6 people in the world by 2030, is poised to be aged 60 years or over..
  
  However, given the continuing growth of the elderly population, it is important to consider the significance of a dependable mattress for long-term care. This is particularly pertinent since the elderly are more inclined to develop bedsores and other difficulties as a result of sleeping on an unsuitable mattress. Therefore, the bed mattress market is poised to rise over the coming years.
• Surging demand for bed mattresses from health-conscious customers - The growing number of health-conscious consumers would also provide advantageous business prospects for the bed mattresses market in the anticipated years. The increasing need has created possibilities for organic, non-toxic, and environmentally friendly mattresses.
  
  The middle-aged population, in particular, is becoming more mindful of their health, which has raised the demand for orthopedic mattresses. Customers nowadays are inclined to carry out comprehensive online research prior to completing a purchase, including pricing comparisons and reviews. In order to satisfy changing market demands, mattress manufacturers are making investments in research and development to develop unique and inventive products that cater to individual client tastes.
  
  For instance, some companies are developing mattresses with cutting-edge cooling abilities to prevent overheating while sleeping, whereas other businesses are proposing ecologically sound and sustainable options to meet the growing demand for eco-friendly products.
• Rising adoption of bed mattresses from the e-commerce platform - The e-commerce companies have grown substantially over the past many years. In 2023, over 2 billion people made online purchases in the world. The Internet as a sales channel and e-commerce industry has provided a profitable business opportunity for expansion for mattress merchants and manufacturers, who have invested in new and established products to boost their online market presence.

Challenges

• Lack of durability in mattress - Bedding items have durability difficulties. It is believed that each item is durable, and this applies as well to bed mattresses. Each bed mattress has a median lifespan that may be increased or reduced depending on usage, handling properties, the consumer's body weight, and other factors.
• Availability of counterfeit mattresses - The creation and sale of counterfeit mattresses is an additional obstacle that will impede the growth of the bed mattress market in the years to come. These matrices generally fail to offer the same quality of sleep as memory foam mattresses and could be harmful to one's health. In addition, these counterfeit or phony items lack in providing any fire retardant or resistant properties.
• High price of bed mattress