According to Technavio, the Global Mattress Market is expected to experience a substantial increase of USD 30.6 billion, growing at a CAGR of 10.57% from 2023 to 2028. This growth is attributed to the rising popularity of memory foam mattresses, known for their exceptional comfort and support. The shift towards online shopping, especially for latex mattresses, highlights a move towards digital retail platforms. Technological innovations, including roll-pack technology, and the wide use of mattresses in diverse settings such as residential homes, luxury hotels, and healthcare facilities are key growth drivers. However, the market faces challenges from counterfeit products, which could affect genuine sales. Technavio’s in-depth report explores these dynamics and offers insights into the market’s future trajectory.
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