Thailand Mattress Market

Thailand Mattress Market Share, Trends, Revenue, Demand, Growth Drivers, Challenges, CAGR Status and Future Investment Strategies Till 2032: SPER Market Research

Usually constructed of thick fabric and filled with different materials for support and comfort, mattresses have quilted or stitched covers. These fillings can include the conventional mattress filler, innerspring coils, which give a springy and supportive feel. Because memory foam adapts to the shape of the body, it can help relieve pressure spots and enhance the quality of sleep. Latex, this organic substance is renowned for its resilience and ability to release pressure. Air or water can also be inserted into mattresses. For short-term uses, including camping or serving as a guest bed, air mattresses are an excellent choice. Although they can offer a distinctive sleeping experience, waterbeds can be bulky and challenging to move.

According to SPER Market Research,Thailand Mattress Market Size- By Size, By Type, By Distribution Channel, By Market Structure- Regional Outlook, Competitive Strategies and Segment Forecast to 2032’ states that the Thailand Mattress Market is estimated to reach USD 81.07 billion by 2032 with a CAGR of 8.14%. 

Drivers: With the country’s economy growing, more people in Thailand can afford to buy mattresses and other luxuries. They can now purchase better mattresses, which will enhance their general well-being and quality of sleep. The benefits of adequate sleep for general health are becoming better recognized. A decent mattress is crucial in helping people achieve a restful night’s sleep, which in turn motivates people to prioritize getting enough sleep. Hotel and resort beds are always in demand thanks to Thailand’s robust tourism sector. To accommodate the growing number of tourists, there is an increasing demand for comfortable beds. In turn, this means that the hotel industry will sell more mattresses.\

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Restraints: There is fierce competition among local and foreign mattress brands for market share. Price wars and pressure on profit margins are frequently the results of this fierce competition. Because Thai consumers are often frugal with their spending, it can be difficult for luxury mattress brands to successfully enter the market. Thailand’s many geographical regions must be reached by means of effective distribution networks. The infrastructure for transportation and logistics can differ greatly between urban and rural locations. Consumer education regarding the value of restful sleep and the various ways that mattresses can improve sleep health is vital. Consumer preferences and purchase habits may be impacted by this education disparity.

COVID-19 Impact: The market for mattresses has been greatly influenced by the COVID-19 outbreak. Spending habits were impacted by changes in consumer behaviour during the pandemic and economic uncertainty. Sales of mattresses and other non-essential items were temporarily down because some customers gave priority to their important purchases. There has been a noticeable increase in mattress sales conducted online due to social distancing tactics and limitations on physical retail. E-commerce sites were essential for connecting with customers, which led many mattress companies to improve their online visibility. The pandemic increased people’s awareness of hygiene and health, which influenced their preferences for mattresses with antimicrobial qualities or those that improve sleep quality. Companies that highlighted these qualities did well in the marketplace.

Bangkok continues to be the market leader since it is the focal point for many important decisions and activities in the mattress sector. Some of the Key Players are Darling Mattress Hugs Thailand, Dreammaster, Dunlopillo, Green latex, Patex Mattress, Sealy, Simmons, Sleephappy, Slumberland and others.

Thailand Mattress Market Segmentation:

By Size: Based on the Size, Thailand Mattress Market is segmented as; King Size, Queen Size, Single Size, Twin Size.

By Type: Based on the Type, Thailand Mattress Market is segmented as; Air Based, Foam, Latex, Orthopedic Mattresses, Rubber Mattresses, Spring, Others.

By Distribution Channel: Based on the Distribution Channel, Thailand Mattress Market is segmented as; Direct sales, Hospitals, Hotels and Residential Sector, Retail Sales.

By Market Structure: Based on the Market Structure, Thailand Mattress Market is segmented as; Organized, Unorganized.

By Region: This report also provides the data for key regional segments of Bangkok, Central region excluding Bangkok, North, North East, East, South.

For More Information in Thailand Mattress Market refer to below link –

Thailand Mattress Market Share

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Thailand Mattress Market

Thailand Mattress Market Share-Size 2023, Growth, Competitive Analysis, Rise at a CAGR of 8.14%, Emerging Trends and Forecast 2022-2032: SPER Market Research

According to SPER Market Research, The demand for greater sleep quality, more disposable income, and a general trend towards healthier lives have all contributed to the steady growth of the mattress market in Thailand in recent years. The Thai market offers a wide selection of mattresses, such as memory foam, latex, innerspring, hybrid, and air beds. While innerspring mattresses are favoured by individuals who desire more support and bounce, foam and latex mattresses are popular due to their softness and longevity.

Thailand’s online mattress business is expanding, with a variety of e-commerce sites providing a selection of mattresses at reasonable costs. This has made it simpler for customers to compare various items and buy mattresses that suit their unique requirements and price range. Thailand’s major mattress manufacturers include Thailand Carpet Manufacturing Public Company Limited, Hilding Anders Thailand Co., Ltd., and Serta Thailand Co., Ltd. In addition to these large companies, there are many smaller manufacturers and distributors who are also operating in the market.

Thailand Mattress Market Overview:

  • Forecast CAGR (2022-2032): 8.14%
  • Forecast Market Size (2032): 81.07 billion

The availability of a wide selection of mattresses at various price ranges and rising consumer awareness of the value of getting enough sleep are projected to drive the growth of the Thailand mattress market overall in the years to come.

Like many other global businesses, the Thai mattress market has been impacted by the Covid-19 pandemic. Consumer behaviour and preferences have changed as a result of the pandemic, which has also caused supply chains and production procedures to be disrupted.

The pandemic’s main effects on Thailand’s mattress business include a move to internet shopping. Several customers have used e-commerce websites to buy mattresses and other household items as people have been urged to stay in and practice social seclusion. Online sales have increased as a result, whereas sales at conventional brick-and-mortar retailers have decreased. Supply chains and production procedures have been disrupted as a result of the pandemic. Due to travel restrictions and social segregation policies, many manufacturers have been forced to temporarily close their facilities or limit production. This has caused delivery timeframes to be delayed and a shortage of some mattress models.

Also, the pandemic’s effects on the economy have reduced consumer spending power, which has hurt sales of high-end goods like luxury beds. More cost-conscious and on the lookout for more economical solutions, consumers have become.

Despite various obstacles, the Thailand mattress market has responded to the pandemic with resiliency and adaptability. To safeguard both employees and customers, manufacturers have introduced new safety procedures, and many have moved their attention to online sales platforms. The market is anticipated to keep expanding as the nation recovers from the pandemic and consumer confidence grows, albeit at a slightly slower rate.

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Thailand Mattress Market Key Players:

The market study provides market data by competitive landscape, revenue analysis, market segments, and detailed analysis of key market players such as; Darling Mattress Hugs Thailand, Dreammaster, Dunlopillo, Green latex, Patex Mattress, Sealy, Simmons, Sleephappy, Slumberland, Somphol Bedding, Springmate, Tempur

Thailand Mattress Market Segmentation:

By Size: Based on the Size, Thailand Mattress Market is segmented as; King Size, Queen Size, Single Size, and Twin Size.

By Type: Based on the Type, Thailand Mattress Market is segmented as; Air Based, Foam, Latex, Orthopedic Mattresses, Rubber Mattresses, Spring, Others.

By Distribution Channel: Based on the Distribution Channel, Thailand Mattress Market is segmented as; Direct sales, Hospitals, Hotels and Residential Sector, Retail Sales.

By Market Structure: Based on the Market Structure, Thailand Mattress Market is segmented as; Organized, Unorganized.

By Region: This report also provides the data for key regional segments of Bangkok, Central region excluding Bangkok, North, North East, East, South.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

For More Information, refer to below link: –

Thailand Mattress Market Future Outlook

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Contact Us:

Sara Lopes, Business Consultant – U.S.A.

SPER Market Research

enquiries@sperresearch.com

+1-347-460-2899