Air Mattress Products Market Size, Share, & Trends Analysis Report (2023 – 2030)

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Report Overview

The global air mattress products market was valued at USD 3.3 billion in 2022 and is projected to expand at a CAGR of 5.2% from 2023 to 2030. Air mattress products are gaining popularity in the market due to their lightweight and portable nature. Furthermore, the increasing demand for air mattresses for both recreational and therapeutic purposes is driving the growth of the market.

The increasing demand for camping and outdoor activities is boosting the demand for air mattress products. Outdoor activities are becoming increasingly popular among the younger generation, which is driving the demand for air mattress products. For instance, in January 2021, the National Park Service reported that over 327 million people visited the parks in 2020, despite the restrictions due to the COVID-19 pandemic. Furthermore, the increasing trend of staycations, which involves taking a vacation in one’s hometown or nearby locations, is also driving the demand for air mattresses, as they provide comfort and convenience.

The rising trend of minimalism is also expected to be a major factor driving the growth of the market in the near future. Minimalism is a lifestyle choice where people limit their possessions to the essential items and focus more on experiences. Air mattress products are the ideal choice for minimalists, as they are portable and can be easily stored. Furthermore, the growing popularity of tiny homes is also driving the demand for air mattress products, as they provide a comfortable sleeping solution in small spaces.

In addition, the increasing demand for technologically advanced products is expected to propel the growth of the market in the coming years. Manufacturers are focusing on introducing air mattresses with advanced features such as adjustable firmness, built-in pumps, and soundproofing. For instance, in August 2021, Luft introduced an air mattress with an adjustable firmness feature, which allows users to customize the firmness of the mattress according to their comfort level. This product is expected to gain traction in the market owing to its innovative features.

Moreover, the availability of air mattress products on e-commerce platforms is driving the growth of the market. Online retailers are providing various discounts and offers on these products, which is driving the demand for them. Furthermore, the availability of a wide range of air mattress products on these platforms is also boosting the demand. For instance, Amazon offers a variety of air mattress products with different features, such as self-inflating and soundproofing, which are gaining traction in the market.

Product Insights

The air mattress segment is expected to expand at the fastest CAGR of 7.1% over the forecast period. Increasing demand for air mattresses due to their lightweight construction, portability, and easy setup is driving the growth of the segment. Furthermore, air mattresses are also becoming popular due to their comfort and convenience as compared to other mattresses. According to a survey conducted by Sleep Foundation, in November 2020, 66% of people prefer to use an air mattress for camping or in temporary settings.

The inflatable mattress segment is projected to account for the largest share of the market in 2022. Increasing demand for inflatable mattresses due to their comfort, convenience, and affordability is driving the growth of the segment. Furthermore, inflatable mattresses are also becoming popular due to their lightweight construction and easy setup. According to an article published by The Sleep Judge, in June 2020, inflatable mattresses are becoming more and more popular due to the comfort and convenience they offer.

Distribution Channel Insights

The retail stores segment held the major share of over 44% in 2022. The increasing number of retail stores in the emerging economies, such as India and China, is expected to boost the growth of the segment. For instance, in November 2020, Sleepy’s, a major mattress retailer in the United States, opened a 10,000-square-foot store in Brooklyn, New York, to display a variety of air mattresses. The store also provides customers with the option of testing the mattresses before buying them.

The e-commerce segment is anticipated to expand at the highest CAGR of 14.3% during the forecast period. The availability of a wide range of air mattresses, discounts, and offers on online platforms such as Amazon and Flipkart, is expected to drive the segment. Moreover, customers can compare various products and their prices on the internet. In addition, the rising trend of online shopping, especially among millennials, is expected to drive the segment.

Type Insights

The traditional air mattress segment held the largest revenue share of 61.4% in the year 2022. The increasing popularity of camping and outdoor activities such as camping, fishing, and hiking is driving the demand for traditional air mattresses. Moreover, the declining cost of these mattresses has increased the affordability of traditional air mattresses, which has further enhanced their popularity.

The self-inflating air mattress segment is projected to register the highest CAGR of 8.3% during the forecast period. The increasing demand for self-inflating air mattresses is attributed to their convenience and ease of use. Additionally, the ability to adjust firmness as per the user’s preference is projected to further drive the product demand in the forecast period. Furthermore, the increasing availability of these mattresses in various sizes and shapes is anticipated to bolster their popularity.

Regional Insights

The Asia Pacific region dominated the air mattress market in 2022 and accounted for a revenue share of 35.2%. The region is expected to witness the fastest growth during the forecast period. This growth can be attributed to the increasing demand for air mattresses from countries such as China, Japan, and India. Growing disposable incomes and an increase in the standard of living are some of the factors that are expected to drive the growth of the market in the region.

North America is expected to witness significant growth during the forecast period. The U.S. is expected to be the major contributor to the market in the region. This is due to the increasing demand for air mattresses, particularly among young adults and millennials. Moreover, the growing popularity of camping and outdoor activities is expected to propel the market growth in the region. Additionally, the presence of prominent players in the region offering a wide range of air mattresses is expected to further drive the market growth.

Financial Projections

In this part of the air mattress products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions
The main source of revenues for an air mattress products business comes from the sale of air mattresses and related accessories. Other possible sources of profit include online sales, wholesale orders, sponsorships, and advertising.

Projecting Expenses
In this section, all the regular expenses related to keeping the air mattress products business running will be described. The list of operating expenses includes wages, rent, utilities, advertising, inventory costs, shipping fees, and other miscellaneous expenses. Insurance policies should also be taken into consideration.

Key companies & market share insights

Some of the key companies operating in the air mattress market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In January 2022, Sleep Number Corporation launched the Sleep Number 360 Smart Bed, an air mattress with advanced sleep tracking technology.

– In June 2022, Intex Recreation Corp launched the Comfort Plush Elevated Dura-Beam air mattress, a deluxe air bed with a built-in pillow.

– In August 2022, Coleman Co. launched the Quickbed air mattress, a convenient air bed with built-in electric pump.

Some of the prominent players in the air mattress market include:

– Sleep Number Corporation
– Intex Recreation Corp
– Coleman Co.
– Insta-Bed
– King Koil
– SoundAsleep Products
– AirBedz
– AeroBed
– Serta Mattress Company
– Simmons Bedding Company

Global Air Mattress Market Segmentation

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global air mattress products market based on product type, distribution channel, and region:

1. Product Type Outlook (Revenue, USD Million, 2017 – 2030)

– Inflatable
– Self-Inflating
– Others

2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Online
– Others

3. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

Frequently Asked Questions

[Q]: What are the factors driving the air mattress products market?
[A]: The air mattress products market is driven by factors such as the increasing demand for comfortable beds, growing popularity of camping and outdoor activities, and increasing disposable income. Moreover, technological advancements such as the introduction of automatic inflation and deflation systems are also boosting the growth of the market.

[Q]: Who are the major players in the air mattress products market?
[A]: Major players in the air mattress products market include Intex, Aerobed, Coleman, Serta, and Simmons.

[Q]: What is the potential for product innovation in the air mattress products market?
[A]: With the increasing demand for comfortable beds, the potential for product innovation in the air mattress products market is high. Companies are introducing various features such as automatic inflation and deflation systems, adjustable air chambers, and waterproof features. Moreover, the introduction of air mattresses with built-in adjustable air beds are also gaining traction in the market.

[Q]: Which regions offer the largest opportunity for sales of air mattress products?
[A]: North America is expected to offer the largest opportunity for sales of air mattress products due to the increasing popularity of camping and outdoor activities in the region.

[Q]: What are the key trends in the air mattress products market?
[A]: Key trends in the air mattress products market include the increasing use of e-commerce platforms, the introduction of customized air mattresses, and the increasing demand for air mattresses with built-in adjustable air beds.

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Air Mattress Products Market Size, Share, & Trends Analysis Report (2023 – 2030)

Report Overview

The global air mattress products market was valued at USD 3.3 billion in 2022 and is projected to expand at a CAGR of 5.2% from 2023 to 2030. Air mattress products are gaining popularity in the market due to their lightweight and portable nature. Furthermore, the increasing demand for air mattresses for both recreational and therapeutic purposes is driving the growth of the market.

The increasing demand for camping and outdoor activities is boosting the demand for air mattress products. Outdoor activities are becoming increasingly popular among the younger generation, which is driving the demand for air mattress products. For instance, in January 2021, the National Park Service reported that over 327 million people visited the parks in 2020, despite the restrictions due to the COVID-19 pandemic. Furthermore, the increasing trend of staycations, which involves taking a vacation in one’s hometown or nearby locations, is also driving the demand for air mattresses, as they provide comfort and convenience.

The rising trend of minimalism is also expected to be a major factor driving the growth of the market in the near future. Minimalism is a lifestyle choice where people limit their possessions to the essential items and focus more on experiences. Air mattress products are the ideal choice for minimalists, as they are portable and can be easily stored. Furthermore, the growing popularity of tiny homes is also driving the demand for air mattress products, as they provide a comfortable sleeping solution in small spaces.

In addition, the increasing demand for technologically advanced products is expected to propel the growth of the market in the coming years. Manufacturers are focusing on introducing air mattresses with advanced features such as adjustable firmness, built-in pumps, and soundproofing. For instance, in August 2021, Luft introduced an air mattress with an adjustable firmness feature, which allows users to customize the firmness of the mattress according to their comfort level. This product is expected to gain traction in the market owing to its innovative features.

Moreover, the availability of air mattress products on e-commerce platforms is driving the growth of the market. Online retailers are providing various discounts and offers on these products, which is driving the demand for them. Furthermore, the availability of a wide range of air mattress products on these platforms is also boosting the demand. For instance, Amazon offers a variety of air mattress products with different features, such as self-inflating and soundproofing, which are gaining traction in the market.

Product Insights

The air mattress segment is expected to expand at the fastest CAGR of 7.1% over the forecast period. Increasing demand for air mattresses due to their lightweight construction, portability, and easy setup is driving the growth of the segment. Furthermore, air mattresses are also becoming popular due to their comfort and convenience as compared to other mattresses. According to a survey conducted by Sleep Foundation, in November 2020, 66% of people prefer to use an air mattress for camping or in temporary settings.

The inflatable mattress segment is projected to account for the largest share of the market in 2022. Increasing demand for inflatable mattresses due to their comfort, convenience, and affordability is driving the growth of the segment. Furthermore, inflatable mattresses are also becoming popular due to their lightweight construction and easy setup. According to an article published by The Sleep Judge, in June 2020, inflatable mattresses are becoming more and more popular due to the comfort and convenience they offer.

Distribution Channel Insights

The retail stores segment held the major share of over 44% in 2022. The increasing number of retail stores in the emerging economies, such as India and China, is expected to boost the growth of the segment. For instance, in November 2020, Sleepy’s, a major mattress retailer in the United States, opened a 10,000-square-foot store in Brooklyn, New York, to display a variety of air mattresses. The store also provides customers with the option of testing the mattresses before buying them.

The e-commerce segment is anticipated to expand at the highest CAGR of 14.3% during the forecast period. The availability of a wide range of air mattresses, discounts, and offers on online platforms such as Amazon and Flipkart, is expected to drive the segment. Moreover, customers can compare various products and their prices on the internet. In addition, the rising trend of online shopping, especially among millennials, is expected to drive the segment.

Type Insights

The traditional air mattress segment held the largest revenue share of 61.4% in the year 2022. The increasing popularity of camping and outdoor activities such as camping, fishing, and hiking is driving the demand for traditional air mattresses. Moreover, the declining cost of these mattresses has increased the affordability of traditional air mattresses, which has further enhanced their popularity.

The self-inflating air mattress segment is projected to register the highest CAGR of 8.3% during the forecast period. The increasing demand for self-inflating air mattresses is attributed to their convenience and ease of use. Additionally, the ability to adjust firmness as per the user’s preference is projected to further drive the product demand in the forecast period. Furthermore, the increasing availability of these mattresses in various sizes and shapes is anticipated to bolster their popularity.

Regional Insights

The Asia Pacific region dominated the air mattress market in 2022 and accounted for a revenue share of 35.2%. The region is expected to witness the fastest growth during the forecast period. This growth can be attributed to the increasing demand for air mattresses from countries such as China, Japan, and India. Growing disposable incomes and an increase in the standard of living are some of the factors that are expected to drive the growth of the market in the region.

North America is expected to witness significant growth during the forecast period. The U.S. is expected to be the major contributor to the market in the region. This is due to the increasing demand for air mattresses, particularly among young adults and millennials. Moreover, the growing popularity of camping and outdoor activities is expected to propel the market growth in the region. Additionally, the presence of prominent players in the region offering a wide range of air mattresses is expected to further drive the market growth.

Financial Projections

In this part of the air mattress products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions
The main source of revenues for an air mattress products business comes from the sale of air mattresses and related accessories. Other possible sources of profit include online sales, wholesale orders, sponsorships, and advertising.

Projecting Expenses
In this section, all the regular expenses related to keeping the air mattress products business running will be described. The list of operating expenses includes wages, rent, utilities, advertising, inventory costs, shipping fees, and other miscellaneous expenses. Insurance policies should also be taken into consideration.

Key companies & market share insights

Some of the key companies operating in the air mattress market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In January 2022, Sleep Number Corporation launched the Sleep Number 360 Smart Bed, an air mattress with advanced sleep tracking technology.

– In June 2022, Intex Recreation Corp launched the Comfort Plush Elevated Dura-Beam air mattress, a deluxe air bed with a built-in pillow.

– In August 2022, Coleman Co. launched the Quickbed air mattress, a convenient air bed with built-in electric pump.

Some of the prominent players in the air mattress market include:

– Sleep Number Corporation
– Intex Recreation Corp
– Coleman Co.
– Insta-Bed
– King Koil
– SoundAsleep Products
– AirBedz
– AeroBed
– Serta Mattress Company
– Simmons Bedding Company

Global Air Mattress Market Segmentation

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global air mattress products market based on product type, distribution channel, and region:

1. Product Type Outlook (Revenue, USD Million, 2017 – 2030)

– Inflatable
– Self-Inflating
– Others

2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Online
– Others

3. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

Frequently Asked Questions

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