Global latex mattress market set to grow at 15 percent 2014-2018
ERJ staff report (BC)
London – Analyst TechNavio expects the Global Latex Mattress market to grow at a CAGR of 14.87 percent over the period 2014-2018, with the need for environmentally friendly products (which reduce the risk of allergies and other contaminant-related diseases) as a key driver, and high cost as a potential limiter.
TechNavio's report, the “Global Latex Mattress Market 2014-2018”, covers the Americas, the APAC and the EMEA regions. It includes a discussion of the key vendors operating in this market.
The analyst said: “The need for vendors to produce innovative latex mattresses is leading to increased expenditure on R&D activities. The mattresses, although made from natural materials, are heavy, costly, and considered to be less comfortable than memory foam mattresses. In an effort to address these issues, vendors are introducing developments such as split firmness and crib mattresses into the market. Latex International uses its patented phase-change material in latex mattresses, with a view to enabling the sleeper to maintain a consistent body temperature. These innovations are expected to increase adoption of latex mattresses during the forecast period.”
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