Middle East & Africa Mattress Market Size & Outlook
Middle East & Africa mattress market, - ()
Related Markets
MEA mattress market highlights
- The MEA mattress market generated a revenue of USD 2,323.7 million in 2022.
- The market is expected to grow at a CAGR of 4% from 2023 to 2030.
- In terms of segment, foam was the largest revenue generating product in 2022.
- Hybrid is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 2,323.7 million |
| Market revenue in 2030 | USD 3,180.1 million |
| Growth rate | 4% (CAGR from 2022 to 2030) |
| Largest segment | Foam |
| Fastest growing segment | Hybrid |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Innerspring, Foam, Hybrid, Latex |
| Key market players worldwide | Tempur Sealy International Inc, Serta Simmons Bedding LLC, Sleep Number Corp, Sleep Country Canada Holdings Inc, Bollinger Industries Inc, Spring Air International, Southerland Sleep, Boll & Branch |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.0% of the global mattress market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 35,555.7 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Mattress Market Scope
Mattress Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa mattress market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mattress market will help companies and investors design strategic landscapes.
Foam was the largest segment with a revenue share of 34.67% in . Horizon Databook has segmented the Middle East & Africa mattress market based on innerspring, foam, hybrid, latex covering the revenue growth of each sub-segment from to .
Growing tourism in the region has resulted in an increase in the number of hotels and this is projected to have a tremendous impact on the demand for bedding products, including mattresses. The growing number of foreign residents in the region is also supporting the bedding products market.
The total number of home sales to locals in Turkey between 2013 and 2018 was 8 million, whereas the total number of home sales to foreigners was 134,000 million during the same period. This is expected to have a positive impact on the demand for mattresses.
The growth of the segment can be attributed to the rising tourism activities in the region, thereby driving the demand for bedding products, including mattresses.The growth of the tourism sector in the region is driving the spending on hotel interiors, furnishing products, and bedding. This is likely to have a positive impact on the demand for mattresses.
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Target buyers of Middle East & Africa mattress market databook
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Our clientele includes a mix of mattress market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa mattress market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa mattress market from to , including revenue numbers, major trends, and company profiles.
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Middle East & Africa mattress market
Middle East & Africa Mattress Market Outlook Share, & (US$M)
Middle East & Africa mattress market
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