The global magnetic latex mattress market is anticipated to grow at a CAGR of 2.6% during the forecast period (2022-2028). The global magnetic latex mattress market is growing due to the increasing customer inclination towards customized mattresses. The increasing demand for comfort and functionality in the bed is boosting the growth of the market. The rising cases of backbone problems and the awareness to avoid backbone problems are propelling the demand for the global magnetic latex mattress market. The increasing growth of the real-estate and hospitality sector specifically residential apartments, boutique, and luxury hotels are also expected to propel the growth of the market. Increasing investment by major market manufacturers for the research and development of new launches and advancements in mattresses for health problems is further boosting the growth of the global magnetic latex mattress market.
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Furthermore, the increasing demand for magnetic latex mattresses owing to their advantages such as pain relief from backaches and migraines, fast wound and bone healing, improved overall blood circulation, and improved sleeping patterns is augmenting the growth of the global magnetic latex mattress market during the forecast period. The Asia-Pacific magnetic latex mattress market is anticipated to hold the prominent share in the global magnetic latex mattress market due to factors such as increasing urbanization along with changing consumer lifestyles in this region. The rise in disposable income in emerging economic such as India and China is expected to propel the growth of the market in this region. Additionally, huge investment by government and private organizations in the healthcare facilities with the launch of Ayushman Bharat and Pradhan Mantri Arogya Yojana initiatives is further boosting the growth of the Asia-Pacific magnetic latex mattress market.
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Some major players in the market include Astrabeds, Pure LatexBLISS, ROYAL-PEDIC MATTRESS MFG, Simmons Bedding Co., Sleeping Organic, and Sealy among others.The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new launches, to stay competitive in the market.
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Market Coverage
- The market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Astrabeds, Pure LatexBLISS, ROYAL-PEDIC MATTRESS MFG, Simmons Bedding Co., Sleeping Organic, and Sealy among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Magnetic Latex Mattress Market Report by Segment
By Type
- Artificial Latex Mattress
- Natural Latex Mattresses
By Application
- Household
- Commercial
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