Polyurethane Foam Mattress Market Growth Outlook Through 2024-2033

Overview and Scope
A polyurethane foam mattress is a type of mattress made primarily from polyurethane foam, a synthetic material known for its resilience and support. These mattresses typically consist of multiple layers of polyurethane foam of varying densities, with models incorporating additional materials such as memory foam or latex for enhanced comfort and support. Polyurethane foam mattresses offer good durability, pressure relief, and motion isolation, making them popular for sleepers seeking a balance of comfort and support.

Sizing and Forecast
The polyurethane foam mattress market size has grown strongly in recent years. It will grow from $8.99 billion in 2023 to $9.44 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to changing lifestyles and demographics, durability, health benefits, comfort and support, and regulatory changes.

The polyurethane foam mattress market size is expected to see strong growth in the next few years. It will grow to $11.68 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to growing demand for comfortable and supportive bedding solutions, rising adoption of eco-friendly and sustainable mattress materials, increasing focus on sleep quality among aging populations, and growth in online retail channels. Major trends in the forecast period include a focus on sleep technology, hybrid mattresses, enhanced comfort features, smart mattresses, and innovative packaging and delivery methods.

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Segmentation & Regional Insights
The polyurethane foam mattress market covered in this report is segmented –

1) By Type: King Size, Queen Size, Single Size
2) By Application: Private Households, Hotels, Hospitals, Other Applications
3) By Distribution Channel: Supermarket And Hypermarket, Specialty Stores, Online Retails, Other Distribution Channels

North America was the largest region in the polyurethane foam mattress market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the polyurethane foam mattress market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth
The expansion of the hospitality industry is expected to propel the growth of the polyurethane foam mattress market going forward. The hospitality industry comprises businesses offering guests accommodation, food, beverages, entertainment, and related services, encompassing hotels, restaurants, bars, resorts, and event planning companies. The hospitality industry is rising due to the increasing demand for experiential travel, changing consumer preferences, focus on wellness and sustainability, and cultural and culinary diversity. Polyurethane foam mattresses are preferred in the hospitality industry due to their lasting durability, comfort, and affordability, meeting varied guest requirements and providing sustained returns on investment. For instance, in January 2024, according to Eurostat, a Luxembourg-based statistical office of the European Union, during the third quarter of 2023, guests stayed for a total of 309.4 million nights in short-term rental accommodations across the European Union (EU), marking a 13.4% increase compared to the corresponding period in 2022. Therefore, the expansion of the hospitality industry is driving the growth of the polyurethane foam mattress market.

Key Industry Players

Major companies operating in the polyurethane foam mattress market report are Leggett & Platt Inc.; Tempur Sealy International Inc.; Sheela Foam Limited; Sinomax Group Limited; Corsicana Bedding Inc.; Restonic (M) Sdn Bhd; Southerland Inc.; Kingsdown Inc.; Tuft & Needle LLC; Zinus Inc.; Nectar Sleep; Spring Air Bedding Co Ltd.; Peps Industries Private Limited; ENGLANDER COMPANY LIMITED; Brooklyn Bedding; Layla Sleep Inc.; Amerisleep LLC; Dunlopillo GmbH; Innocor Inc; Sealy Corporation; Serta Inc; Duroflex Private Limited

The polyurethane foam mattress market report table of contents includes:

1. Executive Summary
2. Polyurethane Foam Mattress Market Characteristics
3. Polyurethane Foam Mattress Market Trends And Strategies
4. Polyurethane Foam Mattress Market – Macro Economic Scenario
5. Global Polyurethane Foam Mattress Market Size and Growth
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31. Polyurethane Foam Mattress Market Other Major And Innovative Companies
32. Global Polyurethane Foam Mattress Market Competitive Benchmarking
33. Global Polyurethane Foam Mattress Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Polyurethane Foam Mattress Market
35. Polyurethane Foam Mattress Market Future Outlook and Potential Analysis
36.Appendix

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