Adjustable Bed Base and Bed Set Market Size, Share, Growth, And Industry Analysis By Type (Adjustable Bed Base, Adjustable Bed Set, and Adjustable Bed Base and Bed Set) By Application (Residential and Non-Residential) Regional Forecast By 2031

Updated On: 08 April 2024

Adjustable Bed Base and Bed Set Market Report Overview

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The global adjustable bed base and bed set market size were USD 9186 Million in 2022, as per our research, the market is expected to reach USD 18,176.07 million in 2031, exhibiting a CAGR of 7.9% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the adjustable bed base and bed set market growth, and demand returning to pre-pandemic levels once the pandemic is over. 

An adjustable bed foundation is a platform that can be raised or lowered to create various positions for sleeping, watching TV, or reading. The bed’s position may typically be changed with the touch of a button because they usually come with a remote control. Additionally, some models have USB ports and massage features.

On the other hand, a bed set is a whole sleep system consisting of a mattress, pillows, and an adjustable bed foundation. To offer the best possible sleeping experience, bed sets are made to coordinate. Several brands provide customizable alternatives to select the ideal firmness level for your mattress and the ideal features for your adjustable bed foundation.

COVID-19 Impact: The Majority of Businesses’ Decision to Opt for Working From Home Option for their Employees and People’s Less Interest Towards Spending Money on Discretionary Items Hampered the Market Growth

The Covid-19 epidemic has had a lot of negative repercussions on the world economy, with businesses in various industries feeling the effects. One industry severely affected by the epidemic is the market for adjustable bed bases and bed sets, with sales falling as people tighten their budgets. The most obvious factor contributing to this drop in demand is that people spend less on discretionary things like furniture in these uncertain times. Many customers work from home, so they don’t need to set up an extra bed in their office or spare room. But all is not lost for the market for adjustable bed bases and bed sets. These items continue to attract a lot of interest, especially from people who want better sleep. A rise in demand for adjustable bed bases and bed sets that enable people to work comfortably from home may also occur as more people work from home permanently.

Latest Trends

"Ability to Adjust the Head and Foot of the Bed Independently Boosts the Market Expansion"

The newest trend in adjustable bed bases and bed sets is the ability to adjust the head and foot of the bed individually. This enables more comfort and flexibility when resting or watching TV in bed. Because it enables each person to have their side of the bed with their controls, the split king size is also gaining favor. There is an adjustable option to fit your preferences, whether you want a bed set in a conventional or more contemporary design.

Adjustable Bed Base and Bed Set Market Segmentation

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• By Type Analysis

The adjustable bed base and bed set market can be segmented into adjustable bed base, adjustable bed set, and adjustable bed base and bed set. Among these, the adjustable bed base is projected to experience rapid growth through 2031.

• By Application Analysis

The market can be divided based on application into residential and non-residential. Residential is expected to hold the most significant adjustable bed base and bed set market share in the upcoming years.

Driving Factors

"The Rising Demand for Comfortable and Ergonomic Furniture To Propel the Market Expansion"

One of the significant reasons propelling the market for adjustable bed bases and bed sets is the growing desire for comfortable and ergonomic furniture. Another significant element driving the expansion of this market is the growing knowledge of the health advantages of adjustable beds.

"Health Benefits and the Growing Popularity of Homecare Among Elderly People Fuels the Market Growth"

Numerous health advantages of adjustable beds include reduced back pain, improved circulation, and pressure point relief. These mattresses are useful in supplying a cozy resting position for those who experience acid reflux or respiratory issues. Another significant element fueling this market’s expansion is the older population’s increased preference for at-home care.

Restraining Factors

"The Rising Cost of Raw Materials and the Need for Skilled Labour Hinder the Market Growth"

The problems faced by producers in this market include the rising cost of raw materials and the demand for trained labor. However, it is anticipated that significant players will increase their expenditure on research and development operations during the projected year.

Adjustable Bed Base and Bed Set Market Regional Insights

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"North America to Dominate Market Due to The Rising Demand for Comfortable and Ergonomic Furniture"

Between 2022 and 2031, the adjustable bed base and bed set market will be dominated by North America. Factors driving the market growth in this region include the rising demand for comfortable and ergonomic furniture.

Additionally, the market is anticipated to experience the fastest growth in European and Asian countries (India, China, Japan, and South East Asia). Health benefits and the growing popularity of homecare among elderly people fuels market expansion.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Ergomotion (U.S.)
• Serta Simmons Bedding (U.S.)
• Tempur Sealy International (U.S.)
• Leggett & Platt (U.S.)
• Select Comfort (U.S.)
• Adjustable Bed Enterprises (Craftmatic) (U.S.)
• Natural Form (U.S.)
• Boyd Specialty Sleep (U.S.)
• Gildeaway (U.S.)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.