Adjustable Bed Base and Bed Set Market Report, By Product Type (Adjustable Bed Base, Bed Set), By Distribution Channel (Offline Retail Stores, Online Retail Channels),By End Use (Residential, Commercial (Hotels, Hospitals, Others)) and Regions 2024-2032

Market Overview:

"The global adjustable bed base and bed set market was valued at US$ 7.6 Billion in 2023 and is expected to register a CAGR of 9.6% over the forecast period and reach US$ 17.3 Bn in 2032."

Report Attributes	Details
Base Year	2023
Forecast Years	2024-2032
Historical Years	2021-2023
Adjustable Bed Base and Bed Set Market Growth Rate (2024-2032)	9.6%

The global adjustable bed base and bed set market research report provides comprehensive insights into driving factors, restraints, opportunities, and trends, with provision of in-depth supporting information, data, and statistics and actionable insights. Though covered and provided extensively across the report, the data and information format are simple, yet dynamic in order to ensure ease of reading and understanding, as well as presenting and maximizing leverage and use.

Revenues and market share are provided in detail for previous years in order to showcase the evidence upon which our estimations and forecasts are based. Revenue growth rates and differences, as well as comparisons and relatable data are provided to further support all findings. Data points are provided for each year – from historical to end of forecast period – and this format is followed for each segment region and respective countries, as well as sub-segments and others.

Adjustable Bed Base and Bed Set Market Trends and Drivers:

Growing Consumer Focus on Sleep Quality: In recent years, focus on sleep disorders and sleep quality, and the impact these have on overall health and well-being has increased significantly. Adjustable bed bases are designed for adjustability according to preference of the user as well as to customize positions as per their sleeping positions, thereby alleviating discomfort and improving sleep quality. Increasing prevalence of sleep disorders and poor sleep hygiene and resulting negative health impacts are expected to drive demand for products that help to alleviate these conditions and improve sleep hygiene and quality, and this is projected to continue to drive revenue growth of the global adjustable bed base and bed set market.

Increasing Prevalence of Sleep Disorders: Prevalence of sleep disorders such as sleep apnea, insomnia, circadian rhythm disorders, movement disorders, and parasomnias among others, has been increasing globally. Adjustable bed bases offer features that can help individuals manage these conditions or effectively reduce potential occurrence of these conditions. The ability to elevate the head section of the bed can provide relief to those suffering from some sleep disorders. Increasing number of individuals with sleep disorders opting for more unique and emerging solutions is driving demand for adjustable bed bases and bed sets.    

Rising Disposable Income: Increasing disposable income is another key factor resulting in an increasing number of consumers investing in premium sleeping solutions to enhance personal comfort and sleep quality and this is expected to contribute to revenue growth of the market.

Aging Population: Demand for products to address sleep issues and wellbeing of elderly individuals is driven by rapidly increasing aging population. Adjustable bed bases, in particular, are beneficial for elderly individuals who require additional support while reclining or those with mobility issues. The aging demographic is expected to support revenue growth of the global adjustable bed base and bed set market to a significant extent over the forecast period.

Adjustable Bed Base and Bed Set Market Restraining Factors:  

High Cost Associated with Adjustable Bed Bases: Cost of adjustable bed bases is relatively higher compared to traditional bed frames. This factor can deter price-sensitive consumers, particularly in developing economies, and restraint market growth.

Limited Awareness in Developing Regions: Availability of adjustable bed base bed sets has been gaining steady traction in developed economies, but this is not the same in a number of developing economies due to low awareness and visibility of products. This is a key factor hampering revenue growth of markets in such regions. However, increasing urbanization and improving living standards are factors expected to have a positive impact on the market in developing countries over the forecast period owing to campaigns and increasing visibility of products on social media platforms and the trend of online purchasing and visibility of such products on such channels.

Adjustable Bed Base and Bed Set Market Opportunities:  

Technological Advancements: Rapid technological advancements have opened up new revenue streams for companies in the adjustable bed base and bed set market. Integration of smart home technology, wireless connectivity, sleep tracking capabilities, and compatibility with mobile apps have enhanced the functionality and convenience of these products. Consumers are keener on investing in technologically advanced and smart options, and this adjustable bed base and bed set market trend is creating opportunities for increased revenue streams.

Premium and Luxury Segment: Rise in demand for premium and luxury adjustable bed bases and bed sets among consumers with higher disposable incomes and that seek high-quality products with superior comfort and advanced features are expected to create revenue opportunities for market players in the global market. Manufacturers can target this consumer audience by offering premium options with luxurious designs, high-quality materials, and exclusive features.

Hospitality and Healthcare Sectors: The hospitality and healthcare sectors present significant opportunities for suppliers to increase potential revenue generation. Investment in premium sleep solutions across hotels, resorts, and wellness and health-related facilities to enhance comfort and experience of guests or patients is rising currently. Establishing partnerships with these sectors can result in bulk orders and long-term contracts, and ensure new, steady revenue streams.

E-commerce and Online Retail: The rise of e-commerce and online retail platforms has opened up new channels for revenue generation in the market. A wide range of adjustable bed bases and bed sets are available through online platforms and provide potential consumers enhanced convenience and accessibility, as well as favorable payment options. Manufacturers and retailers can leverage these platforms to reach a broader consumer audience, expand market presence, and increase sales.

Global Market Expansion: Adjustable bed base and bed set sales are not limited to specific regions. There is opportunity for manufacturers to expand their operations and tap into emerging markets, where demand for sleep solutions is expected to rise in the years to come. By establishing a global presence and targeting untapped markets, companies can diversify their revenue streams and open up newer opportunities.

Adjustable Bed Base and Bed Set Market Segmentation:

By Product Type:

• Adjustable Bed Base
• Split King
• Split Queen
• Full Size
• Twin XL
• Others
• Bed Set
• Mattress
• Bed Frame
• Pillows
• Others

By Distribution Channel:

• Offline Retail Stores
• Online Retail Channels

By End Use:

• Residential
• Commercial (Hotels, Hospitals, Others)

By Region:

North America

• United States
• Canada

Europe

• Germany
• The U.K.
• France
• Spain
• Italy
• Russia
• Poland
• BENELUX
• NORDIC
• Rest of Europe

Asia Pacific

• China
• India
• Japan
• Australia & New Zealand
• ASEAN
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Argentina
• Rest of Latin America

Middle East & Africa

• Saudi Arabia
• South Africa
• United Arab Emirates
• Israel

Adjustable bed bases and bed sets market demand in North America has been steadily increasing due to factors such as rising consumer focus on improving sleep hygiene and sleep quality, growing aging population, and high her disposable income. The region has a well-established supply chain network, with several key manufacturers and retailers catering to demand for adjustable bed bases and bed sets. In addition, consumers prioritize comfort, customization, and advanced features in adjustable bed bases in countries in the region. Preference for smart beds that offer connectivity, sleep tracking, and personalized settings and features is also rising.

Surge in demand for adjustable bed bases and bed sets in Europe due to factors such as an aging population, increasing disposable incomes, and focus on wellness and comfort are some of the major factors driving Europe market revenue growth. In addition, strong supply chain, with both domestic and international manufacturers in countries in this region are catering to the demand. In addition, consumers prefer adjustable bed bases that offer ergonomic designs, massage features, and customizable sleep positions. Market growth is also driven by product innovations, health-conscious consumer preference for adjustable bed base and beds, and expansion of online retail channels.

Asia Pacific is emerging as a lucrative market for adjustable bed bases and bed sets, driven by factors such as increasing urbanization, improving living standards, and a growing middle class with higher disposable incomes. The region has seen an increase in number of local and international manufacturers catering to rising demand for adjustable bed bases. Consumers in countries in this region value space-saving designs, durability, and affordability in adjustable bed bases. The market in Asia Pacific is also expected to register robust growth owing to rapid economic development, changing lifestyle among consumers, and increasing awareness of good sleep hygiene and health and wellness benefits.

Japan Adjustable Bed Base and Bed Set Market Analysis and Overview:

The Japan adjustablе bеd basе and bеd sеt market was valued at US$ 1.6 Billion in 2023 and is expected to register a CAGR of 2.5% over the forecast period and reach US$ 2.0 Bn in 2032. Thе adjustablе bеd basе and bеd sеt markеt in Japan is growing stеadily, drivеn by thе incrеasing importancе of hеalth and wеllnеss as wеll as innovations in slееp solutions. Japanеsе consumеrs arе particularly drawn to bеds that еnhancе slееp quality and ovеrall wеll bеing, rеflеcting a strong cultural еmphasis on hеalth. Lеading manufacturеrs in this markеt includе Ningbo Shuanеr Mеdical Equipmеnt Co. Ltd., and Ecosa, each known for thеir еmphasis on еrgonomic comfort and advancеd tеchnology.

Thе Japan adjustablе bеd basе and bеd sеt markеt growth is drivеn by Japan's aging population as еldеrly individuals incrеasingly sееk bеds that offеr еnhancеd comfort and support, including adjustablе positions to aid in mobility and hеalth managеmеnt. Also, rising hеalth awarеnеss and prеfеrеncеs for pеrsonalizеd slееp solutions arе driving dеmand for adjustablе bеds, which offеr customizablе sеttings to improvе slееp quality and ovеrall wеll bеing.

In addition, innovations such as smart bеd basеs with intеgratеd slееp tracking and automatеd adjustmеnts arе attracting tеch savvy consumеrs. Morеovеr, thе growing popularity of homе automation and thе intеgration of adjustablе bеds with smart homе systеms arе furthеr еnhancing markеt growth.

Furthеrmorе, Japan adjustablе bеd basе and bеd sеt markеt growth is drivеn by an innovativе dеsign and high-quality manufacturing. Lеading brands likе Simmons Japan, Nitori, and Tеmpur Pеdic Japan highlight thе Japanеsе markеt's prеfеrеncе for high quality, customizablе slееp solutions that blеnd advancеd tеchnology with comfort and dеsign, further drive the Japan adjustablе bеd basе and bеd sеt markеt growth.

Leading Companies in Adjustable Bed Base and Bed Set Market & Competitive Landscape:

The landscape of the global adjustable bed base and bed set market is characterized by presence of several key players competing for market share. These companies focus on product innovation, quality, distribution networks, and customer satisfaction to gain a competitive edge. Companies also engage in strategic initiatives such as mergers and acquisitions, partnerships, and collaborations to expand market presence and enhance product offerings. Also, companies invest in research and development to introduce new features and technologies to meet evolving consumer demands.

Company List:

• Leggett & Platt, Incorporated
• Sleep Number Corporation
• Tempur Sealy International, Inc.
• Serta Simmons Bedding, LLC
• Reverie
• Ergomotion
• Craftmatic
• Rize Adjustable Beds
• Glideaway
• Fashion Bed Group
• PragmaBed
• Boyd Sleep
• Classic Brands
• Mantua Manufacturing Co.
• Adjustable Comfort

Research Scope

Report Metric	Report Details
Adjustable Bed Base and Bed Set Market size available for the years	2021-2032
Base Year	2023
Forecast Period	2024-2032
Compound Annual Growth Rate (CAGR)	9.6%
Segment covered	By Product Type, Distribution Channel, End Use, and Region
Regions Covered	North America:  The U.S. & Canada Latin America: Brazil, Mexico, Argentina, & Rest of Latin America Asia Pacific: China, India, Japan, Australia & New Zealand, ASEAN, & Rest of Asia Pacific Europe: Germany, The U.K., France, Spain, Italy, Russia, Poland, BENELUX, NORDIC, & Rest of Europe The Middle East & Africa:  Saudi Arabia, United Arab Emirates, South Africa, Egypt, Israel, and Rest of MEA
Fastest Growing Country in Europe	Germany
Largest Market	North America
Key Players	Leggett & Platt, Incorporated, Sleep Number Corporation, Tempur Sealy International Inc, Serta Simmons Bedding, LLC, Reverie, Ergomotion, Craftmatic, Rize Adjustable Beds, Glideaway, Fashion Bed Group, PragmaBed, Boyd Sleep, Classic Brands, Mantua Manufacturing Co, Adjustable Comfort and amongst others.