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 size reached US$ 7.6 billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 17.3 billion in 2032, exhibiting a growth rate (CAGR) of 9.6% during 2024-2032."

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.

Vital details of major companies in the market are provided in the company profile section of the report. Cover includes financials, recent developments, strategies, product launches, agreements, expansion, mergers & acquisitions, and others. 

The global adjustable bed base and bed set market report is segmented according to product type (adjustable bed base: split king, split queen, full size, twin Xl, others, and bed set: mattress, bed frame, pillows, others), distribution channel (offline retail stores, online retail channels), end user (residential, commercial), and regions and countries. Regional segmentation includes North America (United States and Canada); Europe (Germany, United Kingdom, France, Italy, Spain, Russia, Poland, BENELUX, NORDIC, and Rest of Europe); Asia Pacific (China, India, Japan, South Korea, ASEAN, Australia & New Zealand, & Rest of Asia Pacific); Latin America (Brazil, Mexico, Argentina, & Rest of Latin America); Middle East & Africa (Saudi Arabia, South Africa, United Arab Emirates, Egypt, Israel, and Rest of MEA).

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.

What Factors Are Restraining Growth of Adjustable Bed Base and Bed Set Market?  

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.

What are the Opportunities for Leading Adjustable Bed Base and Bed Set Manufacturers?  

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.

Region-wise Analysis of Adjustable Bed Base and Bed Set Market  

The global adjustable bed base and bed set market is expected to register substantial revenue growth during the forecast period. Regional analysis of the global market provides insights into the specific factors influencing market growth, consumer preferences, and emerging trends across different regions and countries.

What are the factors driving the Adjustable Bed Base and Bed Set demand in North America region?

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. Rapid technological advancements, product innovations by various companies operating in the market, and increasing consumer demand for premium sleeping solutions are other factors driving revenue growth of the market in the region.

What fuels Adjustable Bed Base and Bed Set Market demand in Europe?

Surge in demand for adjustable bed bases and bed sets 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.

What are the factors contributing to the significant of Asia Pacific Adjustable Bed Base and Bed Set Market?

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.

What are the aspects that are driving the Adjustable Bed Base and Bed Set Market demand in Latin America?  

Latin America market has been registering rising demand for adjustable bed bases and bed sets, driven by factors such as increasing urbanization, changing consumer preferences, and focus on health and wellbeing. The region has a developing supply chain, with both domestic and international manufacturers entering the market to meet growing demand. Increasing preference for comfort, affordability, and functionality in adjustable bed bases in countries in the region and for products that cater to specific health conditions, such as acid reflux or back pain and related issues is another factor driving revenue growth of market in this region.

What is the Stance on Adjustable Bed Base and Bed Set Market in Middle East and Africa?

The Middle East & Africa market revenue is expected to expand at a steady growth rate owing to growing demand for adjustable bed bases and bed sets, rising disposable incomes, urbanization, and focus on luxury and comfort. The region has seen an influx of international manufacturers expanding their presence to cater to demand for adjustable bed bases. Consumers in Middle East prioritize luxury, aesthetics, and functionality in adjustable bed bases. There is also a high preference for products that offer advanced features such as integrated massage and smart connectivity. In addition, economic development, changing lifestyles, and increasing consumer spending power are other primary factors supporting revenue growth of the market in this region.

Leading Adjustable Bed Base and Bed Set Manufacturers & 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
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, By Distribution Channel, By 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.

Market Segmentation:

The global adjustable bed base and bed set market report has been segmented on the basis of product type, distribution channel, end use, and region:

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)

Segmentation 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