Market Size of Adjustable Bed Bases Industry
![Adjustable Bed Bases Market Summary](https://s3.mordorintelligence.com/global-adjustable-bed-bases-market/1692851282058_global-adjustable-bed-bases-market_Market_Summary.webp)
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 8.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Americas |
Market Concentration | Medium |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Adjustable Bed Bases Market Analysis
The Adjustable Bed Bases Market has generated gross premiums of USD 7 billion in the current year, and it is poised to achieve a CAGR of more than 8% for the forecast period.
Post-COVID, people are sleeping less due to back pain, lumbar spasms, and stiffening of the spine. This has resulted in an increase in product sales. In addition to working at home and on night shifts, people also spent more time traveling. As a result, there is an increase in demand for adjustable bed and mattress. The hospitality sector has also seen an increase in demand due to a rise in people going out to travel as the effects of the pandemic abated.
The growing population around the world, the construction of new private housing units, the increasing demand for furniture and furnishing products like adjustable bed base and bed set, the increasing adoption of intelligent adjustable bed base/bed set, the growing demand for multi-functional adjustable bed base, the rising disposable income of people, the increasing preferences in the residential and commercial sector to improve the appearance of newly built establishments, etc., are some of the key and vital factors that are likely to increase the growth of the market for adjustable bed bases in the forecast period.
On the other hand, the introduction of functional and therapeutic products like designs that improve sleeping positions and can also offer foot warming will attract a larger customer base and increase awareness of the product benefits, which in turn will create massive opportunities for the adjustable bed bases market.
Adjustable Bed Bases Industry Segmentation
With an adjustable base bed, the sleeper can move the bed position to better support the spine's natural curve. By supporting the body in the correct position, customers can get better and more restful sleep. If someone has difficulty breathing or poor blood circulation, you can use an adjustable base to lift your head off the bed.
The Adjustable Bed Bases Market is segmented By Material (Wood, Metal, and Other Materials (including upholstery, wrought iron, plywood, etc.)), Size (Full Size, Twin-size, Twin-XL size, Queen-size, King-size, and Special Size (California King)), and Geography (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The report offers the market size in value terms in USD for all the abovementioned segments.
By Material | |
Wood | |
Metal | |
Other Materials |
By Size | |
Full Size | |
Twin Size | |
Twin-XL size | |
Queen Size | |
King Size | |
Special Size |
By Geography | |
North America | |
Europe | |
Asia-Pacific | |
South America | |
Middle-East and Africa |
Adjustable Bed Bases Market Size Summary
The Adjustable Bed Bases Market is experiencing significant growth, driven by increasing consumer awareness and demand for products that enhance sleep quality and comfort. The post-COVID era has seen a rise in back pain and spinal issues, leading to a surge in sales of adjustable bed bases. The hospitality sector is also witnessing increased demand as travel resumes. Key factors contributing to market expansion include the growing global population, new housing developments, and rising disposable incomes. The market is further bolstered by the adoption of intelligent and multi-functional bed bases, which are becoming popular in both residential and commercial sectors. The integration of smart features, such as wireless controls and sleep tracking, is attracting a broader customer base and creating substantial opportunities for market growth.
The market is characterized by the presence of major players like Tempur Sealy International, Serta Simmons Bedding, Leggett & Platt, Reverie, and Sleep Number Corporation, who are enhancing their market presence through technological advancements and product innovations. The introduction of therapeutic products designed to improve sleep positions and offer additional comfort features is expected to attract more consumers. As chronic diseases and sleep-related issues become more prevalent, the demand for adjustable bed bases that improve quality of life is increasing. Recent innovations, such as Southerland's wall-hugging capability and Ergomotion's Bed Diagnostic function, highlight the ongoing advancements in the industry, further driving market growth.
Adjustable Bed Bases Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Advancement of Technology
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1.2.2 Health and Wellness Awareness
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1.3 Market Restraints
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1.3.1 Fluctuation of Raw Material Price
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1.4 Industry Attractiveness - Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitutes
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1.4.5 Intensity of Competitive Rivalry
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1.5 Insights into Current Trends and Innovations in the Market
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1.6 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Material
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2.1.1 Wood
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2.1.2 Metal
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2.1.3 Other Materials
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2.2 By Size
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2.2.1 Full Size
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2.2.2 Twin Size
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2.2.3 Twin-XL size
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2.2.4 Queen Size
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2.2.5 King Size
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2.2.6 Special Size
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2.3 By Geography
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2.3.1 North America
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2.3.2 Europe
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2.3.3 Asia-Pacific
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2.3.4 South America
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2.3.5 Middle-East and Africa
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Adjustable Bed Bases Market Size FAQs
What is the current Adjustable Bed Bases Market size?
The Adjustable Bed Bases Market is projected to register a CAGR of greater than 8% during the forecast period (2024-2029)
Who are the key players in Adjustable Bed Bases Market?
Tempur Sealy International, Serta Simmons Bedding, Leggett & Platt, Reverie and Sleep Number Corporation are the major companies operating in the Adjustable Bed Bases Market.