Global Air Mattress Market By Product (Twin, King, Queen, Full, and Others), By Application (Household and Commercial), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032

Air Mattress Market Overview

The 2021 global air mattress market was valued at US$ 162.14 million. This market is expected to expand at an 8.4% compound annual growth rate (CAGR), between 2023-2032.

This product is likely to continue to be a popular choice due to its odor-free nature and high durability. It can also inflate to full size in just minutes. These products also adjust the firmness which can help people suffering from back pain or bone joint-related issues. These products are expected to be more convenient for customers because they can adjust the firmness quickly.

Two separate inner chambers are available for full-size products. These can separate beds into 2 sides. Customers can choose to have one side firmer or more flexible depending on their preference. Many people prefer this product because it provides the best solution for sharing their beds. These mattresses come in various sizes making them ideal for indoor and outdoor usage.

It has been found that outdoor camping is more popular in developed countries like the U.S., U.K. Germany, and France. These products can be easily rolled up and stored in a place where they can be used in a guest room. Consumers may also choose to roll an air mattress and place it on their backs during road trips.

It can provide pressure relief and improved blood circulation for those who are sleeping on it. Because position shifting it can change pressure points. Back-pain patients can feel refreshed after they have slept on it. The positive outlook for the U.S. hotel sector due to increasing international travel and growing awareness of Wellness Tourism will encourage air mattress use in many establishments such as hospitals and hotels.

Global Air Mattress Market

Product Analysis

In 2021, Twin products generated US$ 54.5 million in revenue. Due to their low prices and availability at convenience stores, hypermarkets, grocery stores, and other outlets, many consumers choose to buy twin products. Due to the increasing cost of urban real property, the consumer trend toward a small families and a growing desire for a more intimate lifestyle is encouraging people to use air mattresses.

The average king-size air cushion will expand at a 10.5% annual growth rate between 2023 and 2032. The average king-sized product will measure between 6.5 and 25 inches. This is due to the shift in consumer preference towards super-luxurious beds in hotels and resorts. JW Marriott Hotels and Resorts (Hillilton Hotels and Resorts), Hyatt Hotel Corporation (IHG), and InterContinental Hotels Groups (IHG) are all keen to have air mattresses installed in their rooms and gardens. Air mattresses are made from premium quality materials, including spun polyester fabric that is high in GSM. The king-size size air mattress is ideal for camping as it provides ample space and offers a comfortable sleeping experience.

Application Analysis

In 2021, the revenue from commercial applications was US$ 78.1 million. In order to save money on bedding, customers prefer extra bedding. The majority of hospitals and hotels have this product installed in their rooms. In order to provide additional guests with comfort, hotels, hospitals, and holiday houses keep stock of air mattresses.

The market for household applications is expected to grow at 9.4% annually between 2032-2032. The rising cost of urban real property is driving buyers to look for more affordable bedding options. You can store your air mattress in a corner of the room when you are not using it. Manufacturers offer electronic air filling technology to reduce human effort. People with restricted mobility and high-pressure wounds will continue to be the main buyers of air mattresses.

Key Market Segments

Product

• Twin
• King
• Queen
• Full
• Others

Application

• Household
• Commercial

Market Dynamics

The majority of the air mattress market is controlled by the commercial sector. Air mattress sales will grow due to the increased demand for hotel extra beds. There is limited space due to the increasing number of nuclear families as well as smaller rooms in metro areas. Market growth is expected to be fueled by a further increase in space-saving. Air mattresses, also known as inflatable mattresses, take up less space than traditional mattresses. This in turn drives the market.

They are also highly appealing due to their low odor and ability to inflate to full strength. These products can be modified to soften over time to help people with back or joint pain. According to the Health Policy Institute, about 65 million Americans have back pain.

The outdoor susceptibility to air leaks is expected to limit the market for air mattresses. Air mattresses are mainly made up of polyvinyl chloride material. These mattresses can be hazardous to the health of people and the environment by releasing harmful chemicals into the air. However, the industry has seen lucrative opportunities thanks to increased public awareness of the physical benefits of using air mattresses as well as increased tourism and extended vacations.

Regional Analysis

North America held a dominant position in the global air mattress market as it accounted for over 35.0%. Market growth will be boosted by growing awareness about sleep disorders among consumers who live a stressful lifestyle. The region’s consumers are becoming more conscious of healthy living and spending more on their sleeping bags and accessories. As they are less painful than traditional mattresses, air mattresses will be in high demand over the next few years.

The Asia Pacific will be the fastest-growing region. It is projected to grow at a 10.0% CAGR between 2023-2032. The rising working population in China and South Korea as well as the expansion of urban infrastructure are expected to increase consumers’ purchasing power. Air mattresses are preferred by urban consumers because of their small size and ability to be converted into small spaces. To capitalize on this market opportunity, companies increase spending on innovation to expand their market reach. Kurlon, an Indian mattress manufacturer, introduced kurlopedic technology that uses unique airflow technology in September 2016.

Key Regions and Countries covered іn thе rероrt:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share Analysis

In order to expand their market reach, companies have used mergers and acquisitions in the last few years. For example, “Kurlon”, a company based in India, purchased the luxury mattress brand “Spring Air”, which is based in the U.S., for US$ 10 million. This acquisition will increase the company’s overall revenue. New product launches with advanced features will be a key strategy for industry participants in the future.

Key Market Players

Some of the key industry participants

• ALPS Mountaineering
• Drive DeVilbiss Sidhil Ltd.
• SizeWise
• Sleepy Sleep
• LazerLazery
• Restoration Goods
• Somnio LLC
• Bestway
• Other Key Players

For the Air Mattress Market research study, the following years have been considered to estimate the market size: