Adjustable Beds & Mattress Market – Trends Forecast Till 2030

Market Snapshot

Market Overview

The global Adjustable Beds & Mattress market size was estimated at USD 7.3 billion in 2023 and is projected to reach USD 12.7 billion in 2030 at a CAGR of 8.3% during the forecast period 2023-2030.

Adjustable beds allow the user to recline at various angles and positions in accordance with their needs. This can alleviate the persistent pain that sciatica, arthritis, and other illnesses might cause. By giving the user a variety of leg and head positions to select from, the user may relieve pressure on injured joints as they sleep, leading to less discomfort and better movement the following day. Raising the lower body or upper back may assist the person in regaining mobility and improving circulation. Designs that enhance sleeping positions and can provide foot warming to draw in a larger customer base along with raising consumer awareness of the product's advantages will further contribute by creating enormous opportunities that will fuel the growth of the adjustable beds and Mattress market.

Age-related population growth is accelerating worldwide. According to UN estimates, 703 million people in the world were 65 or older in 2019. By 2050, 1.5 billion people are expected to be elderly citizens. Globally, the proportion of individuals 65 and older rose from 6% in 1990 to 9% in 2019. By 2050, the ratio is predicted to rise to 16%, which would indicate that 1 in 6 individuals worldwide will be 65 or older. The rising incidence of chronic sleep deprivation has a substantial influence on a person's quality of life. Several aspects, including jet lag, respiratory issues, and disruptions brought on by mattress discomfort owing to durability and stiffness, have been proven in numerous clinical trials. As a result, customers are spending a lot of money on high-quality mattresses, helping the sector to expand.

Because of the COVID-19 epidemic, individuals are staying at home more, which has led to furniture renovations and updates. Due to poor lumbar support, stiff spine curvature, and back pain, people commonly have sleep problems. In addition to working from home and working nights, this has increased product sales. Also, the hotel industry saw an increase in demand for adjustable beds and mattresses due to a spike in the number of individuals who began traveling again once the outbreak's effects subsided.

Delvens Industry Expert's Standpoint

One tactic used by hoteliers to entice more guests is the remodeling of hotels and restaurants, which has resulted in a sharp rise in retail furniture sales. Over the projected period, the adjustable beds category is expected to maintain its dominance. This section includes single and double beds of various sizes. In order to preserve the power reclining and the headrest, consumers choose adjustable bases that fit into the bed frames. North America accounted for the greatest revenue share in 2021 as a result of the global aging population and the growth in back pain patients. Manufacturers are offering cutting-edge technologies that offer good functionality and are put into a variety of bed and mattress designs. Due to advancements in mattresses like AirFoamTM, modern mattress technology and individual sleep goals may be harmonized.

Market Portfolio

Key Findings

• Based on Product segment, The market for adjustable beds and mattresses is divided into two categories based on the product: adjustable beds and adjustable mattresses. In 2021, the adjustable beds & mattress market had a substantial revenue share from the adjustable mattress sector. There are several options available for the adjustable mattress, including remote controllers for the bed, warranties that cover the cost of the bed's parts, and maintenance for a predetermined period of time.

• Based on End-User, The Adjustable Beds & Mattress Market is divided into Residential and Non-residential categories based on End User. In 2021, the non-residential market for adjustable beds and mattresses recorded a sizable revenue share. A motorized bed frame that can be adjusted so the user may change the mattress' position for standing up and sleeping is known as an adjustable bed or power bed. The user may choose their preferred posture by using the adjustable bed frame to change what seems to be a standard bed into a leaning bed with the head and feet lifted.
   
• Based on Distribution channel, The Adjustable Beds & Mattress Market is segmented into Offline and Internet based on Distribution Channel. In 2021, the market for adjustable beds and mattresses had the biggest revenue share earned by the offline sector. Specialist stores offer a number of benefits, such as the availability of knowledgeable and experienced staff, a broad selection of product lines, product demonstrations, and timely delivery of goods.
   
• The market for adjustable beds and mattresses is examined globally, including North America, Europe, Asia Pacific, and LAMEA. Major players operating in the US and other countries in this industry must adhere to safety standards created by the Business and Institutional Furniture Manufacturers Association and the American National Standards Institute (ANSI).

Regional Analysis

North America to Dominate the Market

• In terms of revenue, the market for adjustable beds and mattresses in 2021 was dominated by North America.
   
• the application of stringent regulations to the development of suitable equipment and infrastructure for local health systems.

Competitive Landscape

• Amerisleep
• Boyd Sleep
• Ergomotion
• Glideaway
• Leggett & Platt, Inc.
• Serta, Inc.
• Southerland Sleep
• Tempur Sealy International, Inc.
• The Sleepwell Company
• Sealy Technology LLC
• Sleep Number Corp.
• Craftmatic Adjustable Beds
• Reverie 
• Ergomotion 
• Primo International
• Rize 
• Classic Brands
• Kingsdown
• Silentnight group
• Simmons bedding Company LLC
• Casper Sleep
• Hilding Anders
• Saatva
• King koil

Recent Developments

• In March 2023, Serta Simmons Bedding announced the acquisition of a controlling interest in foam manufacturer, Carpenter Co.
   
• In January 2023, Adjustable bed manufacturer, Ergomotion, announced a partnership with purple to develop a new line of adjustable mattresses.

Reasons to Acquire

• Increase your understanding of the market for identifying the most suitable strategies and decisions based on sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors.
   
• Gain authentic and granular data access for the Adjustable Beds & Mattress Market to understand the trends and the factors involved in changing market situations.
   
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
   
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

Report Scope