A mattress is an important piece of furniture in any home. A mattress provides a place to rest and can be used during the day as a sofa. There are many types of mattresses on the market, so make sure you choose the right one for your needs. Foam, latex and innerspring are the most popular types of mattress.
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The combination of rising disposable income and different government policies relative to reality has resulted in an increase in homeownership, which supports the growth of the mattress industry. Many governments view homeownership as a key policy goal. They encourage homeownership by offering interest rates on mortgages.
Industry Drivers
The rising demand from real estate to meet residential needs has resulted in an increase in sales of home furnishings like pillows, pillowcases and linen, which has boosted the product’s demand. The growth of the hospitality and healthcare industries is one of the main drivers of the global industry. Comfortable sleeping surfaces play an important role in increasing back problems. These mattresses are mainly used in new hospitals and renovated old healthcare facilities.
The rising global demand for luxury and customized products indicates a significant shift in consumer perception of mattresses beyond consumer durables to an indicator of social status and also the growth of the tourism industry, which is resulting in the rising number of hotels and, in turn, the increasing sale of mattresses.
Consumers’ growing health concerns have also fueled demand for mattresses and other everyday products. People are also willing to spend more on health-enhancing products as their disposable income increases.
Restraints
The raw materials needed to make mattresses are not easy to source for mattress producers. Large-scale producers have no difficulty sourcing the raw materials. Small-scale producers are often unable to obtain high-quality material for mattress manufacturing. This hinders growth in the global industry.
In 2020, mattress demand across the globe was adversely affected by the COVID-19 pandemic. Manufacturers in major European, North American and APAC countries were negatively affected by partial factory closings and quarantines. This has resulted in a shortage of raw material and finished product supply, which has had a significant impact on the growth of the mattress industry.
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Both the private and public sectors invest substantial amounts to expand and improve the healthcare sector. Pradhan Mantri Jana Aarogya Yajana, the Government of India’s flagship program, provides viability funding of up to 40% of all hospital project costs. This funding will allow for the purchase of more beds and mattresses in the future for both government and semi-government hospitals to improve the basic infrastructure.
Companies News Update 2022
Mar 2022 Latexco US will launch a sustainable and eco-friendly foam exclusively for mattress comfort toppers. NaturalFoam Pulse promotes ventilation and helps to maintain a healthy sleep environment. It is made from components that are responsibly derived from Hevea Brasiliensis rubber trees.
SonoCore is the company’s proprietary technique that produces approved foam. This saves energy. NaturalFoam Pulse is a complement to Latexco’s GOLS certified NaturalFoam. This includes a variety of Dunlop latex mattress cores, toppers and pillows. The company now offers natural latex in its Soul Spring hybrid mattress. The mattress is rolled up and features pocket springs with solid latex-encapsulated pockets.
The benefits of a good mattress
A good mattress is important for two reasons: comfort and support. A comfortable mattress will help you sleep through the night, and a supportive mattress will keep your spine in alignment.
A good mattress should be firm enough to support your body, but not so firm that it’s uncomfortable. The best way to find the perfect mattress is to lie down on it in the store and see how it feels.
If you have a bad back, you may want to consider a memory foam mattress. Memory foam contours to your body and provides extra support for your back and joints.
No matter what kind of mattress you choose, make sure it’s comfortable for you. A good night’s sleep is essential for your health and wellbeing.
Read more about Hybrid Mattress, Air Mattress, Latex Foam Mattress, and Bedding Protector (Mattress protector)
