Commonly known as memory foam, this type of foam is made of petroleum-based polyurethane and other chemicals and is now being used in mattresses, pillows, and other bedding products. China and USA are the biggest production areas, with about 54.02% and 27.13% market share separately in 2016.
City of Industry, CA -- (SBWIRE) -- 08/17/2018 -- This report studies the Global Memory Foam Market status and forecast, categorizes the global Memory Foam market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, India, Southeast Asia and other regions (Central & South America, and Middle East & Africa). Memory foam mattresses are new-generation mattresses with the ability to recover their shape. They are manufactured from a chemical substance called memory foam (polyurethane along with other added chemicals). Memory foam was invented by NASA in 1966 and was called temper foam.
While USA and Europe are still the biggest consumption areas in 2016. There is a big price difference in developed and developing countries which cannot be ignored, in USA and Europe, average sales price of a Memory Foam Mattress is around 950 USD/Unit, while in China the average sales price is only 200 USD/Unit. Under current market status, the price of raw materials may keep rising in a few years, bring a forecast price rising trend in 2017-2022.
The market is relatively concentrated. Three types of players are exist in this market?OEM, ODM and OBM. Key brands in this market are Tempur Sealy, Mlily, Serta Simmons, Sinomax, Corsicana Bedding and some others. There are also many big OEM manufactures like Carpenter, Recticel, Foamex, ZINUS and etc. The market is expected to witness a boost during the forecast period and there may be more new entrants and product models. The ability of memory foam mattress to provide comfortable sleep is a major factor, which is driving the demand for these mattresses. Residential users are the major end-users. With the recovery in the economy and the increase in disposable income, there is growing demand for memory foam mattress.
The global Memory Foam market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major manufacturers covered in this report
Request To buy Full Report @ https://www.qyresearch.com/settlement/pre/0c1632dadb29dc7b2bfc5e47a8363a17,0,1
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Below 10 cm
Above 30 cm
By Application, the market can be split into
The study objectives of this report are:
To analyze and study the global Memory Foam capacity, production, value, consumption, status (2013-2017) and forecast (2018-2025);
Focuses on the key Memory Foam manufacturers, to study the capacity, production, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Memory Foam are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
Request Sample Copy of Report @ https://www.qyresearch.com/sample-form/form/575336/global-memory-foam-market
QYResearch always pursuits high product quality with the belief that quality is the soul of business. Through years of effort and supports from huge number of customer supports, QYResearch consulting group has accumulated creative design methods on many high-quality markets investigation and research team with rich experience. Today, QYResearch has become the brand of quality assurance in consulting industry.