Saudi Arabia Mattress Market Outlook To 2023

The report titled "Saudi Arabia Mattress Market Outlook To 2023 - By Size of Mattress (King Size, Queen Size, and Single), By Type of Mattress (Spring, Foam and Latex, and Others), By Type of Distribution Channel (Retail and Direct Sales), and By Market Structure (Organized and Unorganized)" provides a comprehensive analysis on the mattress industry covering various aspects including introduction and value chain analysis, market size by revenue and sales volume, segmentation by size of mattress, type of mattress, region, and type of distribution channel and by market structure. It also covers trade scenario, growth drivers, trends and developments, issues and challenges, porter five forces analysis, 4P analysis, comparative landscape and regulatory framework of the industry. The report concludes with market projections and analyst recommendations highlighting major opportunities and cautions.

 

Saudi Arabia Mattress Market Overview and Size: Saudi Arabia Mattress market witnessed a decline in the growth rate from 20% to 15.8% for the year 2014 due to the economic slowdown as well slow growth in personal disposable income in the country. Tough fiscal environment has been the main constraint with subdued oil prices leading to slower growth. Increasing accommodation facilities (hotels, guesthouse, service apartments and others) due to rise in tourism was one of the major growing trends in Saudi Arabia. As infrastructure and property development including hotels, hospitals and houses being undertaken increased, the demand for mattresses has gradually increased. Rising population and their inclination towards urbanization and modernization were also proved as factors that were impelling growth in the Saudi Arabia mattress market. The number of households had risen from 3,143,324 in the year 2013 to 3,591,098 in the year 2018.

 

By Size of Mattresses (King Size, Queen Size and Single Size): King size mattress segment was observed to dominate the Saudi Arabia mattress market during the year 2018 driven due to larger family size demand. King size mattresses are well equipped in master bedrooms which are mostly found in hotels and luxury bedrooms. Surge in domestic and international tourist in the country has led to surge in demand for hotel rooms leading to higher demand for mattresses in the country. The remaining market share was collectively captured by queen size and single mattress segments in the year 2018.

By Type (spring, Foam and Latex and Others) : Spring mattress was observed as the most popular type of mattress. Under the spring category, the pocket spring type was the most selling type in the country. These mattresses are available in a variety of sizes, ranging from single size to California king size. Rising awareness among the people regarding the role of a mattress in maintaining a proper health and for a good sleep also augment the sales of spring mattress. The remaining market share was captured by foam and latex and other mattress segment in Saudi Arabia during 2018.

By Organized and Unorganized Sector: Organized market in Saudi Arabia represents the popular mattress manufacturers majorly operating in the urban areas that distribute their products through a structured distribution channel. Organized market players are known for producing high quality mattress by using spring, foam, premium foam combinations and other quality materials. Mattress manufacturers such as Sleephigh, Raha, and Sealy, Serta, Kingcoil, Intercoil, Al Rajhi and other small players come under organized market.

By Region (Central, Western, Eastern, Northern, Southern): The Central and Western region had captured maximum sales volume in 2018. It is the headquarters of decision-makers and financial and business centers where the most important international and Arab conferences and exhibitions are held beside major national festivals and events. The capital of Saudi Arabia, Riyadh and one of the most populated cities of the country, Dammam is located in these regions which are one of the largest Arab capitals. It is the headquarters of decision-makers and financial and business centers where the most important international and Arab conferences and exhibitions are held beside major national festivals and events.

By Mode of Distribution (Retail and Direct Sales): Retail sales channel accounted for the majority of the sales volume while direct sales channel had a limited share in the overall market during 2018. Retail sales is majorly directed towards home users whereas, direct sales is directed towards hospitals and hotels and other major institutions. 

Comparative Landscape in Saudi Arabia Mattress Market: Saudi Arabia mattress market is highly concentrated with presence of major players such as SleepHigh, Raha, Tempur, Sealy International Inc, King Koil Saudi Arabia, Inter Coil, Serta Saudi Arabia, Al Mazro Mattress Manufactures Saudi Arabia, Al-Mutlaq, Royal Mattresses, American Bed, SleepNice and Al Rajhi.  Increase in Direct sales to Hotels and Resorts along with Hospitals due to increase in government initiatives majorly contributed towards the rapid growth of mattresses in the industry which led to emergence of several mattress manufacturers in this sector. Technical advancements in sleep technology such as hybrid mattresses with responsive coils and mattresses with climate control systems for recording ideal sleep temperature majorly contributed towards the rapid growth in demand of premium of mattresses in the industry which led to emergence of several mattress manufacturers in this sector.

 

Saudi Arabia mattress market will prepare itself to meet the future demand expected from substantial investment proposed in key segments such as residential housing and institutional sector including hospitals, hotels and college hostels, increase in the consumer expenditure, increase in the hotel rooms and the development of the hospitality sector. Growing health concerns such as mental tiredness and fatigue are affecting an individual’s sleep quality; one of the major driving forces which is expected to create demand for premium mattresses in the country.

 

The report titled "Saudi Arabia Mattress Market Outlook To 2023 - By Size of Mattress (King Size, Queen Size, and Single), By Type of Mattress (Spring, Foam and Latex, and Others), By Type of Distribution Channel (Retail and Direct Sales), and By Market Structure (Organized and Unorganized)" provides a comprehensive analysis on the mattress industry covering various aspects including introduction and value chain analysis, market size by revenue and sales volume, segmentation by size of mattress, type of mattress, region, and type of distribution channel and by market structure. It also covers trade scenario, growth drivers, trends and developments, issues and challenges, porter five forces analysis, 4P analysis, comparative landscape and regulatory framework of the industry. The report concludes with market projections and analyst recommendations highlighting major opportunities and cautions.Saudi Arabia Mattress Market Overview and SizeSaudi Arabia Mattress market witnessed a decline in the growth rate from 20% to 15.8% for the year 2014 due to the economic slowdown as well slow growth in personal disposable income in the country. Tough fiscal environment has been the main constraint with subdued oil prices leading to slower growth. Increasing accommodation facilities (hotels, guesthouse, service apartments and others) due to rise in tourism was one of the major growing trends in Saudi Arabia. As infrastructure and property development including hotels, hospitals and houses being undertaken increased, the demand for mattresses has gradually increased. Rising population and their inclination towards urbanization and modernization were also proved as factors that were impelling growth in the Saudi Arabia mattress market. The number of households had risen from 3,143,324 in the year 2013 to 3,591,098 in the year 2018.Saudi Arabia Mattress Market SegmentationBy Size of Mattresses (King Size, Queen Size and Single Size)King size mattress segment was observed to dominate the Saudi Arabia mattress market during the year 2018 driven due to larger family size demand. King size mattresses are well equipped in master bedrooms which are mostly found in hotels and luxury bedrooms. Surge in domestic and international tourist in the country has led to surge in demand for hotel rooms leading to higher demand for mattresses in the country. The remaining market share was collectively captured by queen size and single mattress segments in the year 2018.By Type (spring, Foam and Latex and Others) Spring mattress was observed as the most popular type of mattress. Under the spring category, the pocket spring type was the most selling type in the country. These mattresses are available in a variety of sizes, ranging from single size to California king size. Rising awareness among the people regarding the role of a mattress in maintaining a proper health and for a good sleep also augment the sales of spring mattress. The remaining market share was captured by foam and latex and other mattress segment in Saudi Arabia during 2018.By Organized and Unorganized Sector Organized market in Saudi Arabia represents the popular mattress manufacturers majorly operating in the urban areas that distribute their products through a structured distribution channel. Organized market players are known for producing high quality mattress by using spring, foam, premium foam combinations and other quality materials. Mattress manufacturers such as Sleephigh, Raha, and Sealy, Serta, Kingcoil, Intercoil, Al Rajhi and other small players come under organized market.By Region (Central, Western, Eastern, Northern, Southern)The Central and Western region had captured maximum sales volume in 2018. It is the headquarters of decision-makers and financial and business centers where the most important international and Arab conferences and exhibitions are held beside major national festivals and events. The capital of Saudi Arabia, Riyadh and one of the most populated cities of the country, Dammam is located in these regions which are one of the largest Arab capitals. It is the headquarters of decision-makers and financial and business centers where the most important international and Arab conferences and exhibitions are held beside major national festivals and events.By Mode of Distribution (Retail and Direct Sales)Retail sales channel accounted for the majority of the sales volume while direct sales channel had a limited share in the overall market during 2018. Retail sales is majorly directed towards home users whereas, direct sales is directed towards hospitals and hotels and other major institutions. Comparative Landscape in Saudi Arabia Mattress MarketSaudi Arabia mattress market is highly concentrated with presence of major players such as SleepHigh, Raha, Tempur, Sealy International Inc, King Koil Saudi Arabia, Inter Coil, Serta Saudi Arabia, Al Mazro Mattress Manufactures Saudi Arabia, Al-Mutlaq, Royal Mattresses, American Bed, SleepNice and Al Rajhi.  Increase in Direct sales to Hotels and Resorts along with Hospitals due to increase in government initiatives majorly contributed towards the rapid growth of mattresses in the industry which led to emergence of several mattress manufacturers in this sector. Technical advancements in sleep technology such as hybrid mattresses with responsive coils and mattresses with climate control systems for recording ideal sleep temperature majorly contributed towards the rapid growth in demand of premium of mattresses in the industry which led to emergence of several mattress manufacturers in this sector.Saudi Arabia Mattress Market Future Outlook and ProjectionsSaudi Arabia mattress market will prepare itself to meet the future demand expected from substantial investment proposed in key segments such as residential housing and institutional sector including hospitals, hotels and college hostels, increase in the consumer expenditure, increase in the hotel rooms and the development of the hospitality sector. Growing health concerns such as mental tiredness and fatigue are affecting an individual’s sleep quality; one of the major driving forces which is expected to create demand for premium mattresses in the country.

Key Topics Covered in the Report

• Executive Summary
• Research Methodology
• Saudi Arabia Mattress Market Introduction and Value Chain Analysis
• Saudi Arabia Mattress Market Size, 2013-2018
• Saudi Arabia Mattress Market Segmentation, 2018
• Trade Scenario in Saudi Arabia Mattress Market (Import and Export), 2013-2018
• Decision Making Process before purchasing Mattresses in Saudi Arabia
• Trends and Developments in Saudi Arabia Mattress Market
• Issues and Challenges in Saudi Arabia Mattress Market
• Porter's Five Forces Analysis for Saudi Arabia Mattress Market
• Regulatory Framework in Saudi Arabia Mattress Market
• 4 P Analysis in Saudi Arabia Mattress Market
• Comparative Landscape in Saudi Arabia Mattress Market
• Saudi Arabia Mattress Market Future Outlook and Projections, 2019-2023
• Analyst Recommendations