Oman Mattress Market Outlook to 2027F
By Product Type (Innerspring Mattresses, Memory Foam Mattresses, Latex, Alternating Pressure, Gel and Hybrid), By Size (Single, Double, Queen-size and King-size), By End User (Residential and Commercial)
Region:Middle East
Product Code:KROD116
January 2023
70
About the Report
The report provides a comprehensive analysis of the potential of the Mattress Market in Oman. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
The Oman Mattress Market segmentations include by product type, by size, by end user and by distribution channel; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview:
According to Ken Research estimates, the Oman Mattress Market was valued at ~USD and a CAGR of ~% in the period of 2017-2022P and is forecasted to grow at a CAGR of ~% in the period of 2022-2027F, owing to the increasing disposable income, increasing urbanization and a rise in awareness about healthy lifestyles.
- The rise in online and offline retail channels and increased use of online shopping websites fueling the demand for the Oman Mattress Market.
- In 2021, after three years of growth, there was decline in the Oman Mattress Market. Overall consumption, however, continues to indicate a resilient increase.
- COVID-19 pandemic period fueled the demand for the Mattress Industry in Oman.
Key Trends by Market Segment:
By Product Type: The innerspring category accounted for the largest share in the Oman Mattress Market in 2022. This is because innerspring mattresses are getting popular among people in Oman as these mattresses cater to a variety of consumers preferring bounce, cooling, and strong edge support.
By End User: Household held the largest share in the Oman Mattress Market in 2021. This happened due to the Covid-19 pandemic, as people were forced to stay inside their homes for a large period of time, which in turn increased the demand for the Mattress Industry in Oman.
Competitive Landscape
In Oman Mattress Market there are about ~ players operating in the overall market, and top ~ players accounted ~% share in the market in terms of revenue. The major parameters on which these players compete includes Year Established, Product Quality, Price and others.
Future Outlook
The Oman Mattress Market is expected to show a growth of CAGR ~% in the forecasted period of 2022P-2027F reaching ~ USD, with the the increasing disposable income, increasing urbanization and a rise in awareness about healthy lifestyles. The increase in accommodation facilities and the hospitality sector, as well as infrastructural development, are expected to fuel the demand for the Oman Mattress Market in the forecast period.
Scope of the Report
|
By Product Type |
Innerspring Memory Foam Latex Alternating Pressure Gel Hybrid |
|
By Size |
Single Double Queen-size King-size |
|
By End User |
Household Healthcare Hospitality |
|
By Distribution Channel |
Specialty Stores​ Furniture Retailers​ Owned Franchise Stores​ Online Others |
Products
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Government Bodies and Regulatory Authority
- Fintech Companies
- Investors and Financiers
- Venture Capitalist
- New Market Entrants
- Mattress Manufacturers
- Commercial Users
Time Period Captured in the Report
- Historical Period: 2017-2022
- Base Year: 2022
- Forecast Period: 2022-2027F
Companies
Major Players
- IKEA
- Sleep Ezze
- Raha
- Al Hosni Group International
- JLH Mattress
- Medical Mattress World
- Amazon
- Flipkart
- Walmart
Table of Contents
1. Executive Summary
2. Oman Mattress Market Overview
2.1 Taxonomy of the Oman Mattress Market
2.2 Industry Value Chain
2.3 Ecosystem
2.4 Government Regulations/Initiatives for the Oman Mattress Market
2.5 Growth Drivers of the Oman Mattress Market
2.6 Issues and Challenges of the Oman Mattress Market
2.7 Impact of COVID-19 on the Oman Mattress Market
2.8 SWOT Analysis
3. Oman Mattress Market Size, 2017 – 2022
4. Oman Mattress Market Segmentation
4.1 By Product Type, 2017 - 2022
4.2 By Mattress Size, 2017 - 2022
4.3 By Regional Split (North/East/West/South/Central), 2017 - 2022
5. Competitive Landscape
5.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
5.2 Strategies Adopted by Leading Players
5.3 Company Profiles – (Top 5 - 7 Major Players)
5.3.1 IKEA
5.3.2 Sleep Ezze
5.3.3 Raha
5.3.4 Al Hosni Group International
5.3.5 JLH Mattress
5.3.6 Medical Mattress World
5.3.7 Amazon
6. Oman Mattress Future Market Size, 2022-2027
7. Oman Mattress Future Market Segmentation
7.1 By Product Type 2022 - 2027
7.2 By Mattress Size, 2027 - 2027
7.3 By Regional Split (North/East/West/South/Central), 2022 - 2027
8. Analyst Recommendations
9. Research Methodology
10. Disclaimer
11. Contact Us
Research Methodology
Step 1: Identifying Key Variables:
Our team will initially create an ecosystem for all the entities in the Mattress Market that are providing mattresses in the Oman Market.
Step 2: Market Building:
In the next step, we have referred to multiple secondary and proprietary databases to perform deck research around the market and collate industry-level information to create an initial level hypothesis. We also explore company-level info by referring press releases, annual reports, financial statements, and other documents to understand basic information about the companies and market level.
Step 3: Validating and Finalizing:
Later our team conducts a series of Interviews with multiple C-Level Executive and other stakeholders belonging to different companies to confirm the market hypothesis, validate statistics and seek operational and financial information from company representatives.
Step 4: Research Output:
Furthermore, to validate this data our team pitches each company as a potential customer through a mystery shopping exercise and confirms the operational and financial performance of Oman Mattress Market Entities which have been shared by company executives and available on secondary databases. We also conduct another set of CATIs with the respective entities to understand customer behaviour, channel preference, and other factors. We assess customer analysis in terms of their preferences and pain points.
Frequently Asked Questions
01 What is the Study Period of this Market Report?
The Oman Mattress Market is covered from 2017–2027 in this report.
02 What is the Forecast Period of this Market Report?
The forecast period for the Oman Mattress Market Report is 2022P–2027F.
03 What are the Key Factors Driving the Oman Mattress Market?
Increasing disposable income, rising urbanization, favourable government policies regarding real estate development and the rising healthcare and hospitality sectors.
04 What was the CAGR of the Oman Mattress Market for 2017-2022?
The Oman Mattress Market saw a CAGR of ~% in the period of 2017-2022.
05 Who are the Key Players in the Oman Mattress Market?
IKEA, Sleep Ezze, Raha, Al Hosni Group International, JLH Mattress, Medical Mattress World and Others.
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