Mattress Market Expected To Expand At USD 43.2 Billion By 2025 : Grand View Research Inc.
San Francisco, 31 October 2019: The Report Mattress Market Size, Share & Trends Analysis Report By Product (Innerspring, Latex, Memory Foam), By Application (Domestic & Commercial), By Region, And Segment Forecasts, 2019 – 2025 The global mattress market size is expected to reach USD 43.2 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.7% over the forecast period. Growing demand from the hospitality and real-estate sectors, especially in developing and emerging countries such as India, China, and Brazil will create robust demand for the product over the forecast period. A major factor boosting the growth of the global market is changing demographics. Rise in disposable income of growing middle class, especially residing in the urban areas or the ones moving from the rural areas to these regions in search of better education and job opportunities is anticipated to drive the market. Millennial consumers in countries s