Global latex mattress market forecast at $20 billion by 2032
Pune, India – The global latex mattress market is predicted to reach US$ 20 Billion by 2032, growing at a CAGR of 7% during the forecast period 2022-2032 according to Future Market Insights. As of 2021, the industry was valued at US$ 9.7 Billion, and is expected to reflect a Y-o-Y growth rate worth 5.1% to reach US$ 10.2 Billion by 2022.
Recently, a business intelligence research on the world market for latex mattresses was released by Future Market Insights (FMI). The study provides a comprehensive overview of the history, present, and future prospects for the market for latex mattresses. According to the worldwide industry analysis and opportunity assessment research by FMI, the market for latex mattresses is anticipated to increase strongly between 2022 and 2032.
The report offers in-depth analysis on significant trends and growth drivers which are having an impact on the Latex Mattress Market growth. New opportunities and challenges are also thoroughly analyzed to enable market players to make effective future business decisions.
According to the FMI’s report, the Latex Mattress Market is projected to record a CAGR of 7% over the forecast period. Significant changes in consumer behavior, robust product innovations, and a wealth of distribution networks continue to influence growth of the Latex Mattress Market. FMI’s analysts rely on modern-day research methods for the compilation of the Latex Mattress industry report and gather data from a wide range of primary and secondary sources.
The FMI’s Latex Mattress industry report provides a dashboard view of major players operating in the Latex Mattress Market. Some of the key players are: Sleep On Latex Company, Simmons Bedding Company LLC, Astrabeds LLC, Spindle Mattress Company, Dreamfoam Bedding Company, Sleep Number Corporation, PlushBeds, Inc., Royal-Pedic Mattress Manufacturing LLC, Spring Air International Inc. LLC, Organic Mattress Inc., Kinsdown, Inc., Pure LatexBliss LLC, Southerland, Inc., Relyon Company, Corsicana Bedding, Inc. and The Saatva Company, among others.