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Report
US Adjustable Bed Bases - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2020 - 2029
Market Report I 2024-02-17 I 150 Pages I Mordor Intelligence
The United Kingdom adjustable bed bases market has generated revenue of USD 1.21 billion in the current year. It is poised to achieve a CAGR of more than 4% for the forecast period.
Key Highlights
-Numerous people in the United States are suffering from various sleep problems. In 2022, according to the National Library of Medicine, 23% of people in the United States have sleeping trouble. Irregular sleeping patterns result in a wide range of adverse effects. Insomnia is one of the many sleeping problems which is seen among people in the United States that can seriously disrupt a person's lifestyle.
-The growing population in United States, increase in the construction of new privately-owned housing units, rising demand for furniture and furnishing products such as adjustable bed base and bed set, increasing adoption of smart adjustable bed base and bed set, growing demand for multi-functional adjustable bed base, increasing levels of disposable income of the people, rising preferences in the residential and commercial sector to enhance the aesthetics of interiors of newly-built establishments are some of the major factors which enhances the growth of the adjustable bed base market during forecasted time period.
-The post-COVID-19 era has witnessed an unprecedented and global impact, and smart bed products have played a pivotal role in benefiting all regions during the pandemic. Smart beds cater to both residential and commercial needs, offering a variety of features that elevate the user experience. The market is being driven by a growing demand for enhanced comfort, particularly in developed regions.
-The increase in population, rapid urbanization, and growing disposable income levels are boosting product adoption. Increasing sales of trending products is also boosting Europe's adjustable bed market. In addition, the growing trend of smart homes will contribute to industry expansion over the forecast period.
US Adjustable Bed Bases Market Trends
Online sales Adjustable Beds
- According to the report, internet shopping is more popular in the United States than in any other country. People continue to look online for the best deals and prices. Adjustable bed bases have different peculiarities in features of technological advancement in production and transport.
- The most significant contribution to the online sales of the adjustable bed market is by the e-tailers, where they launch new products and form partnerships with other online mattress brands. Online mattress companies provide a number of trial nights, years of warranty, in-home delivery, and setup. Therefore, online shopping is a driving force for the adjustable bed base company.
Increasing demand for smart homes is driving the growth of adjustable bed bases
- One of the major driving factors for the United States smart home market is the rising need for energy-saving and low-carbon emission-oriented solutions. Moreover, in the United States, a person's quality of life is significantly impacted by the growing prevalence of chronic sleep deprivation.
- Numerous clinical studies have shown a variety of factors, including jet lag, breathing problems, and disturbances brought on by discomfort of the mattress due to durability and firmness. As a result, consumers are investing heavily in good-quality sleeping solutions, thereby supporting the growth of the industry.
US Adjustable Bed Bases Industry Overview
Adjustable beds are becoming popular in the United States due to their ability to customize sleep positions. They allow users to adjust the bed's head and foot position, providing comfort and relief for conditions such as sleep apnea, acid reflux, and back pain. The major companies operating in the market include Helix Adjustable Base, Nolah Adjustable Base With Massage, Purple Ascent Adjustable Base, Tempur-Pedic Ease Power Base, and Sealy Ease Power Base,
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing number of nuclear families
4.2.2 Customizing appearances of the room
4.3 Market Restraints
4.3.1 Availability of alternatives
4.3.2 Breaking or Detaching of wall beds from the wall
4.4 Market Opportunities
4.4.1 Online sales of Adjustable Beds
4.4.2 Increasing demand for smart homes is driving the growth of adjustable bed bases.
4.5 Industry Value Chain Analysis
4.6 Industry Attractiveness - Porters' Five Forces Analysis
4.6.1 Threat of New Entrants
4.6.2 Bargaining Power of Buyers
4.6.3 Bargaining Power of Suppliers
4.6.4 Threat of Substitutes
4.6.5 Intensity of Competitive Rivalry
4.7 Insights on technology innovation in the Market.
4.8 Impact of COVID-19 on the Market
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Split
5.1.2 Non - Split
5.2 By Size
5.2.1 Full size
5.2.2 Twin size
5.2.3 Queen Size
5.2.4 King size
5.2.5 Other Sizes
5.3 By End-User
5.3.1 Residential
5.3.2 Commercial
5.4 By Distribution Channel
5.4.1 Multi brands store
5.4.2 Speciality Store
5.4.3 Online
5.4.4 Other Distribution Channels
6 COMPETITIVE LANDSCAPE
6.1 Market Concetration Overview
6.2 Company Profiles
6.2.1 Helix Adjustable Base
6.2.2 Nolah Adjustable Base With Massage
6.2.3 Purple Ascent Adjustable Base
6.2.4 Tempur-Pedic Ease Power Base
6.2.5 Sealy Ease Power Base
6.2.5.1 Sleepwell
6.2.5.2 Leggett & Platt
6.2.5.3 Innova sleep systems
6.2.5.4 Ergomotion
6.2.5.5 Flex - USA*
7 MARKET FUTURE TRENDS
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