Luxury & Premium Mattress Market - Trends Forecast Till 2028

Luxury & Premium Mattress Market, by Size (Twin, Twin XL, Full, Full XL, Queen, King, California King, Other Specialty Sizes), by Thickness (Below 5 inches, 6 – 10 inches, 10 – 20 inches, Above 20 inches), by Product Type (Memory Foam Mattress, Latex Mattress, Hybrid Mattress, Innerspring Mattress, and Others), by End User (Residential and Commercial (Hotels, Resorts, and Others)) and Distribution Channel (Online (Company-owned Websites and eCommerce Websites) and Offline (Specialty Stores, Hypermarkets & Supermarkets, and Others) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: January, 2021

Base Year Estimate: 2020

Report ID: D-CG-LPMM-88

Format:  

Number of Pages: 344

Domain: Consumer Goods & Services

Luxury & Premium Mattress Market – Trends Forecast Till 2028

The global luxury & premium mattress market is anticipated to reach 31.8 billion in at a CAGR of 4.9% in the forecast period 2021-2028.

Rise in adoption or usage of mattresses made from natural materials having hypoallergic properties, rapid increase in trend of selling products such as luxury mattresses through online distribution channels especially on company-owned websites and on e-commerce websites, other regional e-commerce portals across the globe is expected to create significant opportunities for manufacturers and distributors that will support long-term expansion for Luxury & Premium Mattress market.

Luxury & Premium Mattress Market – Trends Forecast Till 2028

Global Luxury & Premium Mattress market is segmented into size, thickness, product type, end-user, distribution channel, and geography.

Size is segmented into Twin, Twin XL, Full, Full XL, Queen, King, California King, and Other Specialty Sizes.

Thickness is segmented into below 5 inches, 6 – 10 inches, 10 – 20 inches, and Above 20 inches.

Product Type is segmented into Memory Foam Mattress, Latex Mattress, Hybrid Mattress, Innerspring Mattress, and Others.

End-User is segmented into Residential and Commercial.

Distribution Channel is segmented into Online and Offline.

Geographically, the global Luxury & Premium Mattress market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Key players in the global luxury & premium mattress market are Dream Tress LLC., Harrison Spinks, King Koil, Kingsdown Inc., Kurlon, Magniflex, Serta Simmons Bedding LLC, Sherman Mattresses, Sleep Number Corporation, Tempur Sealy International Inc. among others.

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In addition to the market data for the Luxury & Premium mattresses market, Delvens offers client-centric reports and is customized according to the company’s specific demand and requirements.

Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conferences like Jefferies conference)—to identify and collect information useful for this study of the Luxury & Premium Mattress market. The purpose of secondary research is to identify and collection of extensive, technical, market-oriented, and commercial studies of the global Luxury & Premium Mattress market. Through secondary research, the market is classified and segmented as per industry trends, developments, regional markets, products, and technological development. 

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects. The following figure depicts the market research methodology used in drafting this report on the Luxury & Premium Mattress market.

Primary Respondent breakdown is given below:

Primary Respondents

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validate the total revenue of the Luxury & Premium mattresses market. This approach has also been used to derive the market for segmentation and sub-segmentation. 

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data, we contact primary respondents in order to gain a 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants 

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors
  • Gain authentic and granular data access for the Luxury & Premium Mattress market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 30.97 billion

Growth Rate

CAGR of 4.9% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year 

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

Size, Thickness, Product Type, Distribution Channel, End-User and Geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and the Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

Dream Tress LLC., Harrison Spinks, King Koil, Kingsdown Inc., Kurlon, Magniflex, Serta Simmons Bedding LLC, Sherman Mattresses, Sleep Number Corporation, Tempur Sealy International Inc. among others

Available Customization 

In addition to the market data for the Luxury & Premium mattresses market, Delvens offers client-centric reports and is customized according to the company’s specific demand and requirement.

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