PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1247401
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1247401
China Mattress Market Overview
According to SPER Market Research, the China Mattress Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
China mattress market is expected to expand during the forecast period due to the country's expanding population, rising income levels, and booming housing industry. Due to changing lifestyles and an increase in sleep disorders, customers place a high value on a functional and healthful mattress. The Chinese mattress market is expected to expand as more people replace their bedding. Social e-commerce platforms like Twitter, Tuoke, and Pinchao are also significantly influencing the market's growth.
China has become a significant mattress manufacturing centre. Due to the country's expanding population, rising income levels, and flourishing property market, China's mattress business grew quickly. The current expansion of international trade is one of the other main causes. China's mattress manufacturing industry is quite profitable, but as labour and material prices rise, margins are getting tighter, which might possibly impact the market's expansion. Other factors, such as the rate of home remodelling, the size of new homes, and innovations in conventional sleep concepts continue to have an impact on China's mattress market. In the Chinese mattress market, consumer groups are growing and have room for future growth. Due to changing lifestyles and an increase in sleep disorders, customers place a high value on a functional and healthful mattress. The Chinese mattress market is expected to expand as more people replace their bedding.
Impact of COVID-19 on the China Mattress Market
All seven continents have been affected by the COVID-19 pandemic. The COVID-19 pandemic has exacerbated the global economic, political, and social crises while also causing a health crisis. Supply chain disruption has also resulted from decreased goods mobility as a result of international restrictions. Additionally, it is projected that this will result in lost income and jobs. The consumer products industry is experiencing an unheard-of crisis as a result of the coronavirus outbreak. Consumers are staying in their homes and seeking comfort as a result of the COVID-19 pandemic. This has altered the dynamics of the market and raised demand for mattresses. Also, customers' growing desire for luxurious mattresses is associated with their interest in premium and customized mattresses. The COVID-19 outbreak has significantly affected the mattress industry.
However, the mattress business has recently seen a surge in demand due to the availability of internet shopping and doorstep delivery. Also, the market is now reliant on domestic manufacturing and output due to restrictions on the transportation of goods. Also, a lot of buyers want comfort features in their homes. As a result, the market survived the year-long epidemic era thanks to a boom in demand for sleeping mattresses. It is also evident that branded mattresses have amassed a larger following on social media platforms, but the impact of knockoff products has continued to be felt heavily since consumers demand mattresses with affordable prices, superior designs, and adequate durability.
Scope of the Report
Report Metric Details:
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered
By Type, By Distribution Channel, By End User
Regions covered East China, Middle China, North China, Northeast China, Northwest China, South China, Southwest China
Companies Covered
Jiaxing YuanChang Furniture Supplies Co., Ltd., KukaHome, Man Wah, Mlily, Red Apple, Simmons, Sleemon Xilinmen Furniture Co., Ltd.
China Mattress Market Segmentation:
By Type: Based on the Type, China Mattress Market is segmented as; Innerspring Mattresses, Latex Mattresses, Memory Foam Mattresses, Others.
By Distribution Channel: Based on the Distribution Channel, China Mattress Market is segmented as; Offline, Online.
By End User: Based on the End User, China Mattress Market is segmented as; Commercial, Residential.
By Region: This report also provides the data for key regional segments of East China, Middle China, North China, Northeast China, Northwest China, South China, Southwest China.