Air Mattress and Beds Market to grow by USD 95.23 million from 2022 to 2027

NEW YORK, Aug. 25, 2023 /PRNewswire/ -- The air mattress and beds market size is estimated to increase by USD 95.23 million, from 2022 to 2027. The market's growth momentum will progress at a CAGR of 8.8% during the forecast period. The market is fragmented due to the presence of diversified international and regional companies. The rise in online retailing drives the market growth during the forecast period. There is an increase in consumer access to online shopping platforms due to the increasing availability of the Internet and the high availability of smartphones. Several market players are leveraging online platforms to expand their geographical reach and increase their consumer base. Factors such as the convenience of shopping over the Internet, as well as additional business transaction capabilities available through e-commerce platforms, are significantly fuelling the growth of online air mattresses and beds. Hence, such factors are expected to drive market growth during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request sample report

Air Mattress and Beds Market 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The air mattress and beds market report covers the following areas:

Air Mattress And Beds Market 2023-2027: Company Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Alps Brands, Bestway Inflatables and Material Corp., Drive DeVilbiss Healthcare Ltd., Elanor Surgicals, Englander Sleep Products, Exxel Outdoors LLC, Hospital Equipment Manufacturing Co., King Koil Licensing Co. Inc., LunoLife Inc., Newell Brands Inc., Relief-Mart Inc., Restwell Sleep Products, Saif Care, Silverline Meditech Pvt. Ltd., Sleep Judge, SoundAsleep Products, Spring Air International, STE, Tempur Sealy International Inc., and Wenzel are among some of the major market participants.

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Air Mattress and Beds Market 2023-2027: Market Dynamics

Key Trends - The growing preference for customized air mattresses and beds is an emerging trend in the market during the forecast period.

Major challenges -

Fluctuation in raw material prices is a significant challenge hindering the market growth during the forecast period. The price volatility of raw materials across the world has increased the complexity of manufacturing air mattresses and beds. This volatility in price can result in a lack of predictability in the implementation of production plans. Furthermore, it can negatively impact the market and thereby cause a demand-supply imbalance. Additionally, the high cost of manufacturing can result in a high cost of end products. Moreover, the raw material prices of the global air mattress and beds market highly rely on the global petrochemicals market. Hence, such fluctuations in related industries can hinder market growth during the forecast period.

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Air Mattress and Beds Market 2023-2027: Segmentation

Air Mattress and Beds Market is segmented as below:

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Air Mattress and Beds Market 2023-2027: Key Highlights

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