Market Size of US Adjustable Bed Bases Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 4.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Adjustable Bed Bases Market Analysis
The United Kingdom adjustable bed bases market has generated revenue of USD 1.21 billion in the current year. It is poised to achieve a CAGR of more than 4% for the forecast period.
- Numerous people in the United States are suffering from various sleep problems. In 2022, according to the National Library of Medicine, 23% of people in the United States have sleeping trouble. Irregular sleeping patterns result in a wide range of adverse effects. Insomnia is one of the many sleeping problems which is seen among people in the United States that can seriously disrupt a person's lifestyle.
- The growing population in United States, increase in the construction of new privately-owned housing units, rising demand for furniture and furnishing products such as adjustable bed base and bed set, increasing adoption of smart adjustable bed base and bed set, growing demand for multi-functional adjustable bed base, increasing levels of disposable income of the people, rising preferences in the residential and commercial sector to enhance the aesthetics of interiors of newly-built establishments are some of the major factors which enhances the growth of the adjustable bed base market during forecasted time period.
- The post-COVID-19 era has witnessed an unprecedented and global impact, and smart bed products have played a pivotal role in benefiting all regions during the pandemic. Smart beds cater to both residential and commercial needs, offering a variety of features that elevate the user experience. The market is being driven by a growing demand for enhanced comfort, particularly in developed regions.
- The increase in population, rapid urbanization, and growing disposable income levels are boosting product adoption. Increasing sales of trending products is also boosting Europe's adjustable bed market. In addition, the growing trend of smart homes will contribute to industry expansion over the forecast period.
