Summary
Major companies in the mattresses, blinds and shades market include Tempur Sealy International Inc., Hunter Douglas N.V., Leggett & Platt Incorporated, Sleep Number company, Invacare Corporation, Casper Sleep Inc., Sheela Foam Limited, Recticel NV/SA, Suzhou Gold Mantis Construction Decoration Co. Ltd. And Ace Bed Co Ltd.
The global mattresses, blinds and shades market grew from $114.74 billion in 2022 to $122.91 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The mattresses, blinds and shades market is expected to grow to $155.85 billion in 2027 at a CAGR of 6.1%.
The mattresses, blinds, and shades market consists 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.
Mattresses refer to a bedstead or an individual fabric casing filled with resilient material (such as cotton, hair, feathers, foam rubber, or a set of coil springs). While shades are a single solid window treatment composed of softer materials, blinds are structured window treatments with slats that may be tilted open or closed, like shades.
Asia-Pacific was the largest region in the mattresses, blinds and shades market in 2022.Western Europe was the second largest region in the mattresses, blinds and shades market.
The regions covered in the mattresses, blinds and shades report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The main types of mattresses, blinds, and shades are mattresses, blind, and shade.A mattress is a wide, generally rectangular pad that is used to assist a person who is lying down.
It is intended to be employed as a bed or as part of a bed frame. The different types of materials include organic cotton, wool, natural latex, organic latex, plant-based foams, and others and is used in various applications such as residential, and commercial.
Increasing demand for online shopping is expected to help the mattresses, blinds and shades manufacturing market grow.Manufacturers can now sell their products on a larger platform than before, which will increase their customer base geographically driving the growth of the mattresses, blinds and shades manufacturing market.
In countries such as India, for instance, e-commerce portals have boosted the sales of blinds and shades manufacturers by giving larger exposure to producers who were confined to one geography.
The outbreak of Corona virus disease (COVID-19) has acted as a massive restraint on the mattresses, blinds, and shades manufacturing market in 2022 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally.COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing.
The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia.Steps by national governments to contain the transmission have resulted in halting of manufacturing activities and a decline in economic activity with countries entering a state of ‘lock down’ and the outbreak had a negative impact on businesses throughout 2021 and into 2021.
However, it is expected that the mattresses, blinds and shades manufacturing market will recover from the shock across the forecast period as it is a ’black swan’ event and not related to ongoing or fundamental weaknesses in the market or the global economy.
The demand for organic and eco-friendly mattresses is increasing in many developed and developing economies.This is mainly due to growing consumer preference for healthier products and increasing concerns about harmful chemicals, pesticides, and allergies.
Organic and eco-friendly mattresses are manufactured using organic and natural materials, which reduce both health and environmental risks.To cater to the growing consumer demand for organic and eco-friendly products, several mattresses manufacturers have switched over to alternative materials such as organic cotton, wool, natural latex, organic latex, plant-based foams, and other plant materials.
Some of the companies that use plant-based foams and latex to produce mattresses include Sealy and Simmons.
The countries covered in the mattresses, blinds and shades market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
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.
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.
