Oman Mattress Market is expected to grow at a robust CAGR, owing to the increasing disposable income and rising awareness about healthy lifestyles: Ken Research
Oman Mattress Market is in the growing stage, owing to the increasing disposable income, increasing urbanization and a rise in awareness about healthy lifestyles. The Mattress Industry in Oman is moderately consolidated with key players such as IKEA, Sleep Ezze, Raha, Amazon, Flipkart etc.
- Oman Mattress Market was valued at USD ~ in 2022 and is projected to grow to USD ~ by 2027F, registering a CAGR of ~% during the forecast period (2022-2027F).
- Inner Spring Mattress accounted for the largest market share in the Mattress Market in Oman in 2022.
- COVID 19 pandemic period fueled the demand for the Oman Mattress Industry.
Growing Residential Sector: The residential sector is projected to grow at the highest rate during the forecast period. Due to increased internet sales and quick innovation, consumers are replacing mattresses more frequently. The rise in urbanization is a key factor boosting demand for domestic sleeping mattresses. Due to the rise in disposable income, consumers are also choosing better interior designs for their homes and adding more rooms, which has increased the demand for residential sleeping mattresses.
Increasing Demand for Personalized Mattresses: The consumer preference for customized mattresses is one of the major trends being observed in the Oman Mattress Market. People are choosing to upgrade their sleeping accommodations as a result of working from home, watching movies in bed, and spending more time at home. As each customer’s physical characteristics, such as height and weight, are unique, customization provides superior support for various body types as they sleep. Additionally, while most mattresses come in standard sizes, they frequently do not fit well in bed frames that are tailored; for such reasons, a personalized mattress is preferred.
Growing Online Channel: The increased use of online shopping websites is fueling the demand for the Mattress Market in Oman. The special discounts offered by the e-commerce websites are likely to drive the market. Also, websites like Amazon, Flipkart, and Walmart are likely to create various opportunities for manufacturers and retailers as they provide a wide range of consumers through their websites. Moreover, these websites provide a wide range of products which becomes suitable for consumers to find out their preferences.
Analysts at Ken Research in their latest publication “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)” observed that Oman Mattress Market showcased considerable growth in the last five years. In the upcoming years, it is predicted to expand more rapidly due to increasing disposable income, increasing urbanization and a rise in awareness about healthy lifestyles. The Mattress Market in Oman is expected to grow at ~% CAGR over the forecasted period 2022P-2027F.
Key Segments Covered in 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
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By Distribution Channel
Specialty Stores
Furniture Retailers
Owned Franchise Stores
Online
Others
Key Target Audience
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: 2017-2022P
Base Period: 2022P
Forecast Period: 2022P-2027F
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Companies Covered:-
IKEA
Sleep Ezze
Raha
Al Hosni Group International
JLH Mattress
Medical Mattress World
Amazon
Flipkart
Walmart
Key Topics Covered in the Report:-
Oman Mattress Market Overview
Oman Mattress Market Segmentation
Ecosystem of Oman Mattress Market
Market Share of Major Players in Oman Mattress Market
Industry Analysis of Oman Mattress Market
Value Chain of Mattress Market in Oman
Key Growth Drivers of Oman Mattress Market
End User Analysis of Oman Mattress Market
Key Challenges of Oman Mattress Market
SWOT Analysis of Oman Mattress Industry
Future Outlook of Oman Mattress Market
Trends and Development of Oman Mattress Market
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