Mattresses, Blinds And Shades Global Market Report 2024

The mattresses, blinds and shades market size has grown strongly in recent years. It will grow from $127.1 billion in 2023 to $137.13 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth during the historical period can be ascribed to factors such as consumer preferences, developments in the housing market, evolving health and wellness trends, and the prevailing economic conditions.

The mattresses, blinds and shades market size is expected to see strong growth in the next few years. It will grow to $179.77 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The anticipated growth in the forecast period can be linked to e-commerce and online retail, the aging population, advancements in home automation and smart homes, as well as a growing focus on health and well-being. Key trends expected in the forecast period encompass innovation and technology, sustainability and eco-friendliness, customization, trends in color and design, and advancements in materials.

The mattresses, blinds, and shades manufacturing market is poised for growth, thanks to the increasing demand for online shopping. Manufacturers now have the opportunity to reach a broader customer base across different geographical locations, driving the expansion of the market. Notably, e-commerce portals have played a significant role in countries such as India, where they have provided blinds and shades manufacturers with broader exposure, breaking down geographical limitations.

The primary categories within the realm of mattresses, blinds, and shades are mattresses, blinds, and shades. A mattress is a broad, usually rectangular cushion designed for a person to recline upon, commonly used as a bed or integrated into a bed frame. These mattresses can be crafted from a variety of materials, including organic cotton, wool, natural latex, organic latex, plant-based foams, and more, and they find applications in both residential and commercial settings.

The mattresses, blinds and shades market research report is one of a series of new reports that provides mattresses, blinds and shades market statistics, including mattresses, blinds and shades industry global market size, regional shares, competitors with a mattresses, blinds and shades market share, detailed mattresses, blinds and shades market segments, market trends and opportunities, and any further data you may need to thrive in the mattresses, blinds and shades industry. This mattresses, blinds and shades market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The rapid expansion and surging popularity of e-commerce platforms are significant drivers for the mattresses, blinds, and shades market's future growth. E-commerce, or electronic commerce, involves the buying and selling of products and services over the Internet. It offers consumers the convenience of exploring various mattress options from the comfort of their homes, with easy access via computers, tablets, smartphones, and other smart devices. This convenience allows potential buyers to browse, compare, and purchase mattresses online, eliminating the need for in-person shopping. For example, in 2021, the International Trade Administration (ITA) reported that 82% of UK citizens made at least one online purchase, with the UK having the highest prevalence of online purchases compared to other countries. Furthermore, consumer e-commerce constitutes a substantial 30% of the UK's retail industry, with annual e-commerce revenue exceeding $120 billion. Hence, the ever-expanding and popular e-commerce platforms will be a driving force for the mattresses, blinds, and shades market.

The outbreak of the COVID-19 disease (COVID-19) in 2022 posed a significant restraint on the mattresses, blinds, and shades manufacturing market. Supply chains were disrupted due to trade restrictions, and consumption declined as governments globally imposed lockdowns to curb the virus's spread. COVID-19, an infectious disease with flu-like symptoms, led to the halt of manufacturing activities and a decline in economic activity as countries entered a state of lockdown. The impact was felt negatively by businesses throughout 2021 and into 2021. Nevertheless, the market is expected to rebound from this setback throughout the forecast period, as it is considered a 'black swan' event not linked to ongoing or fundamental market weaknesses.

The market is witnessing an increasing demand for organic and eco-friendly mattresses in both developed and developing economies. This shift in consumer preference is driven by the desire for healthier products and concerns about harmful chemicals, pesticides, and allergies. Organic and eco-friendly mattresses are crafted from natural and organic materials, reducing health and environmental risks. To meet this growing demand, numerous mattress manufacturers are transitioning to alternative materials such as organic cotton, wool, natural latex, organic latex, plant-based foams, and other botanical materials. Companies like Sealy and Simmons are among those using plant-based foams and latex in mattress production.

Major companies in the mattresses, blinds, and shades market are concentrating on innovative mattress offerings, such as Premium and Luxe mattresses, to gain a competitive edge. For example, in May 2023, Purple Innovation Inc., a US-based comfort innovation company specializing in mattress creation, introduced the Premium and Luxe Collections. These collections feature nine brand-new mattresses, underscoring the brand's commitment to making restful sleep easily accessible to customers nationwide. The Premium Collection has been scientifically proven to excel in heat dissipation, outperforming competing mattress brands by 2x to 4x. Additionally, a third-party clinical study revealed that participants experienced a 20% faster sleep onset when resting on the GelFlex Grid, showcasing the innovation in these mattress offerings.

Major companies operating in the mattresses, blinds and shades market include Tempur Sealy International Inc., Hunter Douglas NV, Leggett & Platt Incorporated, Sleep Number company, Invacare Corporation, Casper Sleep Inc., Sheela Foam Limited, Recticel NV/SA, Suzhou Gold Mantis Construction Decoration Co. Ltd., Ace Bed Co. Ltd., Purple Innovation Inc., Tuft & Needle, Saatva Inc., Leesa Sleep LLC, Nectar Sleep Ltd., Avocado Green Brands LLC, Springs Window Fashions LLC, Comfortex Window Fashions, Levolor Inc., Norman Window Fashions, MechoShade Systems LLC, Lutron Electronics Co Inc., Somfy Systems Inc., Rollease Acmeda Inc., QMotion Shades, Insolroll Window Shading Systems, Coulisse BV, Draper Inc., BTX Intelligent Fashion LLC, Mermet Corporation, Phifer Incorporated, SWFcontract.

Asia-Pacific was the largest region in the mattresses, blinds and shades market in 2023. Western Europe was the second largest region in the mattresses, blinds and shades market. The regions covered in the mattresses, blinds and shades market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the mattresses, blinds and shades market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa

The mattresses, blinds, and shades market consist of sales of woven shades, vertical blinds, and rolling blinds. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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