Thailand Mattress Market Overview
According to SPER Market Research, the Thailand Mattress Market is estimated to reach USD 81.07 billion by 2032 with a CAGR of 8.14%.
A mattress is a sizable, typically rectangular pad that supports a person when they lie on it. It is intended to be used as a bed or as a part of a bed on a bed frame. A quilted or similarly secured container, typically made of thick fabric, may hold a mattress that is supported by a structure of metal springs or other materials like hair, straw, cotton, or foam rubber. Furthermore, air or water may be used to fill mattresses. A tick mattress is a sack composed of ticking, which is a kind of cloth, and filled with the appropriate stuffing. A tick mattress is what most futons and paillasses are made of. They are easily built and were historically created at home. They are piled to create a bed because they are quite light and thin. Usually, innerspring mattresses just include the top and bottom fabric layers and the spring core
The mattress's core supports the body of the sleeper. Modern spring mattress cores, often known as "innersprings," are constructed from steel coil springs. One aspect that impacts stiffness and support is the coils' gauge. Quarters are used to measure coils. The spring is thicker the lower the number. The mattress maintains its shape because to connections between the coils. Encased coils are not connected, however the fabric encasement aids in maintaining the shape of the mattress. Most coils are connected by interconnecting wires.
Impact of COVID-19 on the Thailand Mattress Market
The pandemic has caused disruptions to global supply chains, including those for mattresses. This has led to delays in the delivery of raw materials and finished products, which has affected the production and availability of mattresses in Thailand. The economic impact of the pandemic has led to reduced consumer spending, which has affected the demand for mattresses in Thailand. Consumers are cutting back on non-essential purchases, including home furnishings like mattresses.
With many brick-and-mortar stores closed due to the pandemic, there has been a shift towards online sales of mattresses. This has benefited companies that have a strong online presence and e-commerce infrastructure.
The pandemic has also led to changes in consumer preferences when it comes to mattresses. With people spending more time at home, there has been an increased focus on comfort and quality of sleep. This has led to a greater demand for high-quality, supportive mattresses. Increased competition: With the shift towards online sales, there has been an increase in competition in the mattress market in Thailand. This has led to companies offering more competitive pricing and marketing strategies to attract consumers.
Overall, the COVID-19 pandemic has had a mixed impact on the mattress market in Thailand. While there have been challenges, there are also opportunities for companies that are able to adapt to the changing market conditions.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Size, By Type, By Distribution Channel, By Market Structure
|
| Regions covered | Bangkok, Central region excluding Bangkok, North, North East, East, South
|
| Companies Covered | Darling Mattress Hugs Thailand, Dreammaster, Dunlopillo, Green latex, Patex Mattress, Sealy, Simmons, Sleephappy, Slumberland, Somphol Bedding, Springmate, Tempur
|
Target Audience-
- Mattress Raw Material Producers
- Mattress Manufactures
- Investors
- Distributor, Retailers, Stockist
- Mattress Specialist Retailers
- Mattress Internet Retailers
Thailand Mattress Market Segmentation:
1. By Size:
- King Size
- Queen Size
- Single Size
- Twin Size
2. By Type:
- Air based
- Foam
- Latex
- Orthopedic Mattress
- Rubber mattresses
- Spring
- Others
3. By Distribution Channel:
- Direct Sales
- Hospitals
- Hotels and Residential Sector
- Retail Sales
4. By Market Structure:
5. By Region:
- Bangkok
- Central Region excluding Bangkok
- North
- North East
- East
- South
Key Topics Covered in the Report:
- Thailand Mattress Market Size (FY’2019-FY’2032)
- Overview of Thailand Mattress Market
- Segmentation of Thailand Mattress Market By Size ( King Size, Queen Size, Single Size, Twin Size)
- Segmentation of Thailand Mattress Market By Type ( Air Based, Foam, Latex, Orthopedic Mattresses, Rubber Mattresses, Spring, Others)
- Segmentation of Thailand Mattress Market By Distribution Channel ( Direct sales, Hospitals, Hotels and Residential Sector, Retail Sales)
- Segmentation of Thailand Mattress Market By Market Structure ( Organized, Unorganized)
- Statistical Snap of Thailand Mattress Market
- Growth Analysis of Thailand Mattress Market
- Problems and Challenges in Thailand Mattress Market
- Competitive Landscape in the Thailand Mattress Market
- Impact of COVID-19 and Demonetization on Thailand Mattress Market
- Details on Recent Investment in Thailand Mattress Market
- Competitive Analysis of Thailand Mattress Market
- Key Players in the Thailand Mattress Market
- SWOT Analysis of Thailand Mattress Market
- Thailand Mattress Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Thailand Mattress Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Thailand Mattress Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Thailand Mattress Market
7. Thailand Mattress Market, By Size, 2019-2032 (USD Million)
7.1 King Size
7.2 Queen Size
7.3 Single Size
7.4 Twin Size
8. Thailand Mattress Market, By Type, 2019-2032 (USD Million)
8.1 Air based
8.2 Foam
8.3 Latex
8.4 Orthopedic Mattress
8.5 Rubber mattresses
8.6 Spring
8.7 Others
9. Thailand Mattress Market, By Distribution Channel, 2019-2032 (USD Million)
9.1 Direct Sales
9.2 Hospitals
9.3 Hotels and Residential Sector
9.4 Retail Sales
10. Thailand Mattress Market, By Market Structure, 2019-2032 (USD Million)
10.1 Organized
10.2 Unorganized
11. Thailand Mattress Market, By Region, 2019-2032 (USD Million)
11.1 Thailand Mattress Size and Market Share by Region (2019-2025)
11.2 Thailand Mattress Size and Market Share by Region (2026-2032)
11.3 Bangkok
11.4 Central Region excluding Bangkok
11.5 North
11.6 North East
11.7 East
11.8 South
12. Company Profiles
12.1 Darling Mattress Hugs Thailand
12.1.1 Company details
12.1.2 Financial outlook
12.1.3 Product summary
12.1.4 Recent developments
12.2 Dreammaster
12.2.1 Company details
12.2.2 Financial outlook
12.2.3 Product summary
12.2.4 Recent developments
12.3 Dunlopillo
12.3.1 Company details
12.3.2 Financial outlook
12.3.3 Product summary
12.3.4 Recent developments
12.4 Green latex
12.4.1 Company details
12.4.2 Financial outlook
12.4.3 Product summary
12.4.4 Recent developments
12.5 Patex Mattress
12.5.1 Company details
12.5.2 Financial outlook
12.5.3 Product summary
12.5.4 Recent developments
12.6 Sealy
12.6.1 Company details
12.6.2 Financial outlook
12.6.3 Product summary
12.6.4 Recent developments
12.7 Simmons
12.7.1 Company details
12.7.2 Financial outlook
12.7.3 Product summary
12.7.4 Recent developments
12.8 Sleephappy
12.8.1 Company details
12.8.2 Financial outlook
12.8.3 Product summary
12.8.4 Recent developments
12.9 Slumberland
12.9.1 Company details
12.9.2 Financial outlook
12.9.3 Product summary
12.9.4 Recent developments
12.10 Somphol Bedding
12.10.1 Company details
12.10.2 Financial outlook
12.10.3 Product summary
12.10.4 Recent developments
12.11 Springmate
12.11.1 Company details
12.11.2 Financial outlook
12.11.3 Product summary
12.11.4 Recent developments
12.12 Tempur
12.12.1 Company details
12.12.2 Financial outlook
12.12.3 Product summary
12.12.4 Recent developments
13. List of Abbreviations
14. Reference Links
15. Conclusion
16. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
