Global Natural Latex Mattress Market: Size & Trends Shows a Rapid Growth by 2028.
The global natural latex mattress market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The increasing application of natural latex mattresses in hotels owing to the rise in the number of hotels is anticipated to drive the growth of the global latex mattress market. According to the data published by India Brand Equity Foundation (IBEF) 2022, the foreign tourist arrivals in India had stood at 10.93 million in 2019. Between January 2021 and April 2021, the foreign tourist arrivals accounted for 376,083.
Further, by 2028, international tourist arrivals are projected to reach 30.5 billion and generate revenue of over $ 59 billion. In addition, international hotel chains are surging their presence in the country and are anticipated to account for 47.0% share in the tourism and hospitality sector in India by 2020 and 50.0% by 2022. Moreover, the Indian hotel market including domestic inbound and outbound is estimated at $32 billion in 2020 and is projected to reach $52 billion by 2027, driven by surging demand from travelers.
Competitive Landscape-
Veldeman Group, Select Comfort, and Hilding Anders among others
By Type
- Dunlop Latex Mattress
- Talalay Latex Mattress
- Comnined Latex Mattress
- Others
By Application
- Households
- Hotels
- Hospitals
- Others
Scope of the Report
The research study analyzes the Global Natural Latex Mattress industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Global Natural Latex Mattress Market Report
1. What was the Global Natural Latex Mattress Market size in 2019 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Global Natural Latex Mattress Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Global Natural Latex Mattress Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Global Natural Latex Mattress market.
- The market share of the Global Natural Latex Mattress market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Global Natural Latex Mattress market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Global Natural Latex Mattress market.
The report will be delivered within 48-72 hours after payment confirmation