CAGR: 6.5%Current Market Size: USD 32.6 BillionFastest Growing Region: North America
Largest Market: APACProjection Time: 2023-2030Base Year: 2022
The Global Children Mattress market is expected to grow from USD 32.6 billion in 2022 to USD 53.95 billion by 2030, at a CAGR of 6.5% during the Projection period 2023-2030. The growth of this market is mainly driven by an increase in the number of customers who are beauty-conscious.
Children as young as 18 months use a kid’s mattress since it is smaller than a conventional mattress. It is always advised to choose a little larger mattress because they need to accommodate growth spurts as well. The infant mattress was made with a baby's sleep cycle in mind. Because babies require uninterrupted sleep, the mattress is soft and cozy. The materials used to make the mattresses might include foam, coir, and latex. A firm mattress is crucial for your young one's safety when sleeping since newborns' spines and bones need considerably more support than adults because they are still growing. Parents today give their newborn children and toddlers particular attention in all aspects of their daily lives. No matter that parents have given their kids extra concern when it comes to food, clothing, and even mattress. Children's mattress is necessary because when a baby is sleeping on soft bedding or other surfaces (adult mattress), they may indent or mold to the contour of the child's head, increasing the risk that the child will breathe in his or her own exhaled air (carbon dioxide). Manufacturers are producing mattresses that target a certain demographic group. Children's mattresses, for instance, are available and designed specially for babies and toddlers. Children's mattresses are designed to offer a secure, pleasant resting surface and all the essential components, including the core, padding, chemicals and materials that are flame retardant, and the covering.
Sample Request: - Global Children Mattress Market
Market Dynamics:
Drivers:
The primary driver of market is the higher spending on Children's mattresses as parents today give their newborn children and toddlers particular attention in all aspects of their everyday lives. Children's mattresses are crucial for newborns because they are designed to offer a secure, pleasant resting surface as well as all the essential components, such as the core, cushioning, flame-retardant materials, and covering, that create a healthy, safe environment for children's growth.
Restraints:
It is difficult to get a good mattress at a fair cost. Finding the healthiest, most comfortable, and greatest overall mattress for your children is challenging. Local manufacturers trifle with the quality of mattress, which has caused the mattress industry to be restrained. Just because a mattress is more expensive doesn't necessarily indicate it's of higher quality.
Opportunities:
Many producers in the children's mattress industry are concentrating on enhancing their sales channels. In addition to this, a number of companies in the global children's mattress market are increasing their attention on product innovation. Because of this, they are increasing their spending on R&D projects. Aside from this, several businesses use the technique of charging market prices for their products. Players are able to keep their current consumer base while attracting new ones thanks to this change. Due to all these initiatives, the worldwide market for children's mattresses is anticipated to experience revenue growth in the upcoming years.
Challenges:
A painful mattress might make it more difficult to fall asleep and may result in frequent nightly awakenings. Children's physical and emotional health are impacted by their sleep habits. A good night's sleep has incomparable restorative advantages. A mattress has a major role in how well one sleeps, yet many people ignore this and continue to use an old mattress that doesn't offer enough support and comfort which can often be seen as a challenge for the growth of the market.
Segmentation Analysis:
The global Children Mattress market has been segmented based on Type, Material, Distribution Channel, and Regions.
By Type
The Type segment includes Foam Mattress, Toddler Mattress, Crib Mattress, Twin Mattress, and Others. The Toddler Mattress segment led the Children Mattress market with a market share of around 18% in 2022. To fit a toddler's reduced body size, a normal mattress is often thinner and shorter. In order to lessen the chance of harm if a kid falls out of bed, a toddler bed mattress may also have additional safety features like raised edges or corner guards. This makes toddler bed mattresses a popular choice with customers and is the main factor propelling the growth of this market.
By Material
The Material segment includes Memory-foam, Polyester, Cotton, Fabric, Vinyl, and Others. The Foam segment led the Children Mattress market with a market share of around 18% in 2022. On account of its advantages, including optimal spine alignment, pressure point relief, and resistance to dust mites and allergies, foam mattresses are predicted to have stable growth over the projected period. Foam mattresses are a popular option among customers and are the main element driving the growth of this market since they are compatible with a broad variety of adjustable beds.
By Distribution Channel
The Distribution Channel segment includes Hypermarket/Supermarket, Specialty Stores, Franchise Stores, and E-Retailers. The Specialty Stores segment led the Children Mattress market with a market share of around 18% in 2022. The offline distribution channel, which is a typical method for buying a mattress, includes specialty stores that sell mattresses. This makes buying a mattress more popular among customers, and this is the main driver driving the expansion of this market segment. When a customer visits a store, they may touch and feel the items and select from a variety of possibilities.
Global Children Mattress Market- Sales Analysis
The sale of Children Mattress types expanded at a CAGR of 4% from 2016 to 2022.
Manufacturers are now planning to improve the features of their existing goods to cater to their target customers' varied wants and requirements in light of the increase in demand for mattresses. Because of this, several government agencies—not just the mattress industry—have taken action and supported parents in their righteous goal of giving their children a secure and sanitary environment in which to develop and be nurtured.
By producing a variety of children's mattresses, including foam mattresses, toddler mattresses, and crib mattresses with extra personalization, manufacturers have been able to meet the wants and desires of their target market. Manufacturers have been planning to periodically add new features to children's mattresses in order to earn the confidence of their current customers and expand their market share internationally.
Thus, owing to the aforementioned factors, the global Children Mattress Market is expected to grow at a CAGR of 6.5% during the Projection period from 2022 to 2030.
By Regional Analysis:
The regions analyzed for the Children Mattress market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The Asia Pacific region dominated the Children Mattress market and held a 39% share of the market revenue in 2022.
Global Children Mattress Market- Country Analysis:
Germany’s Children Mattress market size was valued at USD 1.39 billion in 2022 and is expected to reach USD 3.20 billion by 2030, at a CAGR of 11% from 2023 to 2030. Germany is the country in Europe that contributes the biggest amount of income to the market for children mattress due to its extensive hospitality sector, which is driving the sale of children mattress. Innerspring mattresses are the most popular type of children's mattress sold in Germany because they provide a lot of edge support, bounce, and cooling.
China’s Children Mattress market size was valued at USD 1.52 billion in 2022 and is expected to reach USD 3.76 billion by 2030, at a CAGR of 12% from 2023 to 2030. In Asia-Pacific, China continues to be the largest market for Children Mattress. The market for Children Mattress in the area is being pushed by a number of reasons, including changing lifestyles, increased disposable income, product innovation, and marketing initiatives. China has become a significant industrial centre for making children's mattresses. The growing population of the country, rising income levels, and thriving housing industry all contributed to the rapid growth of China's children mattress market. The current expansion of international trade is one of the other main causes. China's children mattress manufacturing industry is profitable, with an increase in labor and affordable material prices, which led to the market's expansion.
India's Children Mattress market size was valued at USD 1.14 billion in 2022 and is expected to reach USD 2.27 billion by 2030, at a CAGR of 9% from 2023 to 2030. The market is anticipated to be significantly driven by shifting consumer dynamics and rising consumer awareness of the product. The market for mattress for children in India is mostly unorganized. The neighborhood ginner and a street-side store are included in this section. Cotton filler is typically used in mattresses from this unorganized market since it is the least expensive of the several alternatives now accessible. However, as Indian customers' desire for high-quality mattresses grows, the organized industry is currently expanding. When considering high-quality and modern items, Indian customers even favor purchasing from foreign companies.
Key Industry Players Analysis:
To increase their market position in the global Children Mattress business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, type developments, collaborations, partnerships, joint ventures, etc.
Latest Development:
Report Metrics
Report Attribute |
Details |
Study Period |
2022-2030 |
Base year |
2022 |
CAGR (%) |
6.5% |
Market Size |
32.6 billion in 2022 |
Projection period |
2023-2030 |
Projection unit |
Value (USD) |
Segments covered |
By Type, By Material, By Distribution Channel, and By Region. |
Report Scope |
Revenue Projection, competitive landscape, company ranking, growth factors, and trends |
Companies covered |
Tuft and Needle, Inter IKEA Systems B.V, Moonlight Slumber, Delta Children's Products Corp, John Lewis plc, Dreams Limited, Hunker, Bed King, and Simmons. |
By Type |
|
By Material |
|
By Distribution Channel |
|
Regional scope |
|
Scope of the Report
Global Children Mattress Market by Type:
Global Children Mattress Market by Material:
Global Children Mattress Market by Distribution Channel:
Global Children Mattress Market by Region:
The global Children Mattress market is expected to grow with a 6.5% CAGR during the Projection period.
The Asia Pacific Children Mattress market was projected to gain a global market share of 39% in 2022.
Procter & Gamble Company, Oribe Hair Care, LLC, Garnier LLC, Beiersdorf, Inc, Coty Inc, Unilever group (Sunsilk), Verb Products, Kline & Company, Henkel AG & Co KGaA and Others.
The growth of this market is mainly driven by increase in the number of customers who are beauty-conscious.
The Type segment includes Natural and Conventional.
Political Factors- In reality, political considerations have had the most influence on global Leading Change. In terms of human resource development, technological advancement, and the creation of institutions for advancing modern technologies, children mattress market specialises. In addition to these elements, the government announced a five-year strategy for the expansion of submicron innovation in 1990, which includes, in addition to the aforementioned responsibilities, the expansion of submicron growth labs.
Economical Factors- The Leading Change At children mattress market sector's financial problems are not limited to the fact that demand and supply are out of balance in the market. Manufacturers are experiencing cash flow problems as a result of the market's surplus supply and a cost that is below the cost of Leading Change at children mattress market. Given that it might result in lower production, the economic crisis is a big problem for the industry. Increased output from higher effectiveness levels might bring about a new slump in the economy due to excess supply and poor demand, which forces businesses to close due to lower profits.
Social Factors - The development of the Leading Change At children mattress market sector globally has also been influenced by social issues. Through trainings intended to increase market resources' understanding, the Taiwanese government has placed a strong emphasis on the improvement of human resources in the industry. One example of societal initiatives to improve the market is the founding of the Semiconductor Institute in 2003 to teach and develop talent. Although technology was imported, the federal government has done the work of making sources aware of the technology. The fact that global IC industry is the only one in the world with properly formed departments of labour serves as evidence of social efforts to enhance its reputation and quality.
Technological Factors - There are still significant technological issues in the Leading Change At children mattress market, especially as global Leading Change At children mattress market producers still rely on foreign technical partners and lack their own technology. In order to reduce this dependence, the government has really focused its market engagement on reforming the Leading Change At children mattress market sector.
Environmental Factors - The ease of capacity development in the Leading Change At children mattress market suggests that Taiwan is a complementary area for manufacturing, according to a broad assessment of the environment. This monitoring is strengthened by the fact that the location offers superior making capabilities.
Legal Factors-IP rights and legal agreements present challenges as well as opportunities in the Leading Change At children mattress market legal environment. A business has the legal protection necessary to protect its handling, cutting-edge technology, and intellectual property (IP), which might enhance others' reliance on it. Given that Micron's interest in Leading Change At children mattress market may not materialise due to the former company's legal agreement with Nanya and also Inotera, it is clear that the Leading Change At children mattress market sector likewise places a high value on legal contracts.
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