Market Insights
The Global Plumbing Mattress Market is expected to grow from USD xx million in 2020 to USD xx million by 2026 at a CAGR of over 5% during the forecast period.
Figure: Global Plumbing Mattress Market Size, 2020-2026 (USD Million)
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What is Plumbing mattress?
A plumbing mattress helps to reduce noise and interferes with your dreams. It has temperature control which can be adjusted freely. Also, it applies to people who are cold and weak, the elderly, women, and those who require heat treatment. The mattress temperature is constant and the human body is comfortable, does not affect the air temperature, and helps to prevent the body from losing water.
Key Players
Key players operating in the global plumbing mattress market are-
- AO Smith (The U.S)
- CHANITEX (Taiwan)
- Lonmon (The U.S)
- Gino (Italy)
- Rainbow (The U.S)
- LIVEN (Australia)
- Tihemei (The U.S)
- Sunmum (The U.S)
- Mymfom (India)
- NAVIEN (The U.S).
Market Dynamics
Plumbing mattresses are highly popular among kids, elderly, and pregnant women as it provides comfort and sound sleep, thus propels the product demand.
Moreover, these blankets are suitable for use as an extra layer of a chair, sofa, and beds- for indoor use. Thus, harsh winters in North America and Europe are likely to spur the need for plumbing mattresses. Also, as these mattresses provide continuous warmth in cold weather, especially during picnics and camping and during outings in festivals such as New Year’s and Christmas, thus is highly opportune to the market players during festivities.
However, limited product awareness is likely to hinder market growth.
Segment Analysis
Application Trends
Based on application, the global plumbing mattress market has been bifurcated into children and adult.
- The adult segment held the largest market share in 2020 and is projected to register the highest CAGR during the assessment period.
- This is majorly attributed due to rising geriatric population and pregnant women as they need extra care and sound sleep, plumbing mattresses offer a warm temperature-controlled blanket.
- Moreover, increasing purchasing power coupled with harsh winters, further drives the segment growth.
Regional Trends
By region, the European market dominated the market and is estimated to register a healthy CAGR during the forecast period.
- Most of the European countries such as Scandinavian countries, the UK, Russia, etc. experience heavy snowfall and unbearable winters.
- Furthermore, the demography in Europe has a large number of elderly people, thus augments the need for plumbing mattresses.
- Moreover, growing product awareness in the region coupled with an increasing standard of living bolsters the regional market growth.
COVID-19 Impact on Global Plumbing Mattress Market
During the Covid-19 outbreak, governments across various countries enforced lockdown to curb the spread of the virus. This has led to supply disruptions, travel restrictions, and temporary or complete shutdown of production facilities. Moreover, the consumer shift towards buying essential goods is likely to affect the sales of plumbing mattresses across the globe.
Critical Questions Answered in the Report
- What are the key trends in the global plumbing mattress market?
- How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
- What is the impact of COVID-19 on the global plumbing mattress market?
- What are the key strategies adopted by the major vendors to lead in the global plumbing mattress market?
- What is the market share of the top vendors?
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Target Audience
The following is a list of the customers that the market aims to convert the most:
- Plumbing mattresses companies
- Plumbing mattresses vendors
- Winter clothes companies
- Textile companies
- Sweater based companies
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