Market revenue in 2022 | USD 706.5 million |
Market revenue in 2030 | USD 1,052.0 million |
Growth rate | 5.1% (CAGR from 2022 to 2030) |
Largest segment | Foam |
Fastest growing segment | Hybrid |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 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 |
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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 35.09% in . Horizon Databook has segmented the Spain mattress market based on innerspring, foam, hybrid, latex covering the revenue growth of each sub-segment from to .
Increasing instances of sleep disorders and insomnia in the country have led to increased consumer awareness regarding the quality of mattresses one uses. According to an article published by the Asociación Española de Pediatría, 38.5% adolescents perceived poor quality of sleep in March 2017.
This is likely to have a positive impact on mattress market and result in an increased demand for high-quality products over the forecast period. This product is expected to reach a value of USD 350.2 million by 2025.
Increased prominence for high-end innerspring mattresses with low-density foam has popularized the product in the country, thereby witnessing the highest penetration. According to International Sleep Products Association, there are 3 million mattresses shipped every year in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain mattress market , including forecasts for subscribers. This country databook contains high-level insights into Spain mattress market from to , including revenue numbers, major trends, and company profiles.
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