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The urban households are smaller in size, thus, convenient products that are lightweight, easy to fit, and lightweight are preferable by them. The growth in the working population in South Korea, India, and China along with urban development is predicted to boost the purchasing power of the consumers. The awareness among individuals for a healthy lifestyle is encouraging the consumers to spend more on sleeping beds and accessories.Īsia Pacific is predicted to register the fastest CAGR of 10.0% for the period of 2019 to 2025. The rising importance of a balanced sleeping pattern due to a stressed lifestyle is expected to drive the air mattress market over the years. North America held the dominant position accounting for a share of over 35.0% in 2018. Moreover, individuals with limited mobility due to the risk of pressure wounds and bedsores are predicted to drive the demand for these air mattresses. The companies aim at providing electronically air filling technology to minimize human efforts. The rising real estate price is forcing consumers to purchase affordable and convenient bedding options.
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The household application is expected to grow at a CAGR of 9.4% over the forecast period. Additionally, commercial institutes like hotels, holiday homes, and hospitals stock up air mattresses to accommodate additional guests. Observing this, several hospitals and hotels focus on installing these mattresses. The customers usually prefer an extra bedding mattress to refrain from paying extra bed charges. The commercial application segment accounted for revenue of USD 78.1 million in 2018. Moreover, king-size air mattresses provide a larger space with a better sleeping experience. The companies use superior quality cover materials like high GSM spun polyester fabric to develop air mattresses. Luxury hotel chains like Hilton Hotels and Resorts, JW Marriott, InterContinental Hotels Group (HIG), and Hyatt Hotel Corporation focus on installing air mattresses in their gardens and rooms. Changing consumer interests for luxury beds in resorts and hotels is a key factor for the market growth. Normal king-sized segment ranges with a height of 6.5 to 25 inches and measures 76x 80 inches. The king-size air mattress is predicted to register a CAGR of 10.5% for the period of 2019 to 2025. Consumer preference for nuclear families along with the hike in real estate prices is encouraging people to prefer small living rooms, which, in turn, are fueling the demand for the air mattress market. The majority of consumers are inclined towards these products due to their easy availability and affordable prices. Twin products accounted for revenue of USD 54.5 million in 2018. due to the rising number of foreign travelers coupled with the growing concept of wellness tourism is predicted to fuel the demand for air mattresses in different hospitals and hotels. Further, growth in the hotel industry in the U.S. Additionally, the product’s ability to change pressure points through position shifting provides relief to back pain patients.
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Moreover, air mattresses are also used as back seat support during road journeys.Īir mattresses have the ability to help in better blood circulation and relief to the individual sleeping on them. Mattresses are foldable and can also be used as a guest beds for visitors. There is a rising trend of using twin-sized beds for outdoor camping in countries like Germany, U.S., France, and U.K. The mattresses are largely preferred for sharing bed issues and are available in different sizes for both outdoor and indoor usage. The full-size products consist of two different inner chambers that can divide the bed into two sides, where one side can be softer as compared to the other as per the requirements. Moreover, these products adjust their firmness in time to prove beneficial to people with joint-related and back pain problems, thus, prove to be more convenient to the customers.
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The increase in popularity of these products is attributed to their odor-free nature, ability to inflate in full size, and durability. The global air mattress market size was worth USD 127.6 million in the year 2018.