LONDON--(BUSINESS WIRE)--Technavio has been monitoring the adjustable bed base and bed set market and it is poised to grow by $ 3.44 bn during 2021-2025, progressing at a CAGR of over 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the adjustable bed base and bed set market. The market growth in 2021 is likely to Increase compared to the market growth in 2019.
Frequently Asked Questions:
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What are the major trends in the market?
Increased adoption of smart adjustable bed base and bed set is a major trend driving the growth of the market
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At what rate is the market projected to grow?
The market will accelerate at a CAGR of over 9% and the incremental growth of the market is anticipated to be $ 3.44 bn
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Who are the top players in the market?
Adjustable Bed Enterprises Inc., Advanced Sleep Technologies, Amerisleep, Boyd Sleep, Ergomotion Inc., Glideaway Sleep Products, Leggett & Platt Inc., Serta Simmons Bedding LLC, Southerland Sleep, and Tempur Sealy International Inc., are some of the major market participants.
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What is the key market driver?
The growing construction market is one of the major factors driving the market
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How big is the North America market?
The North America region will contribute 40% of the market share
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Adjustable Bed Enterprises Inc., Advanced Sleep Technologies, Amerisleep, Boyd Sleep, Ergomotion Inc., Glideaway Sleep Products, Leggett & Platt Inc., Serta Simmons Bedding LLC, Southerland Sleep, and Tempur Sealy International Inc. are some of the major market participants. The growing construction market will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this adjustable bed base and bed set market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Adjustable Bed Base and Bed Set Market 2021-2025: Segmentation
Adjustable Bed Base and Bed Set Market is segmented as below:
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End-user
- Residential
- Non-residential
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Distribution Channel
- Offline
- Online
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Geography
- North America
- Europe
- APAC
- South America
- MEA
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR70003
Adjustable Bed Base and Bed Set Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The adjustable bed base and bed set market report covers the following areas:
- Adjustable Bed Base and Bed Set Market Size
- Adjustable Bed Base and Bed Set Market Trends
- Adjustable Bed Base and Bed Set Market Industry Analysis
This study identifies increased adoption of the smart adjustable bed base and bed set as one of the prime reasons driving the adjustable bed base and bed set market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Adjustable Bed Base and Bed Set Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist adjustable bed base and bed set market growth during the next five years
- Estimation of the adjustable bed base and bed set market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the adjustable bed base and bed set market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of adjustable bed base and bed set market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- Residential - Market size and forecast 2020-2025
- Non-residential - Market size and forecast 2020-2025
- Market opportunity by End-user
- COVID-19 impact and recovery for end-user segment
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel
- Offline - Market size and forecast 2020-2025
- Online - Market size and forecast 2020-2025
- Market opportunity by Distribution channel
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Volume drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Adjustable Bed Enterprises Inc.
- Advanced Sleep Technologies
- Amerisleep
- Boyd Sleep
- Ergomotion Inc.
- Glideaway Sleep Products
- Leggett & Platt Inc.
- Serta Simmons Bedding LLC
- Southerland Sleep
- Tempur Sealy International Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
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List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.