Air Beds Market Size, Share, Growth, and Industry Analysis, By Type (PVC, Rubber and others), By Application (In-Door, Out-Door and others) Covid-19 Impact, Latest Trends, Segmentation, Driving Factors, Restraining Factors, Key Industry Players, Regional Insights, and Forecast From 2022 To 2030

Updated On: 15 May 2023

Air Beds Market Report Overview

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The global air beds market size was USD 2.582 billion in 2021 and is expected to reach USD 3.183 billion in 2028, exhibiting a CAGR of 3.0% during the forecast period.

An air bed is an inflatable bed consisting of rubber, plastic, and polyvinyl chloride (PVC) materials. These inflatable beds can be folded up and save room in daily life. These beds are incredibly lightweight and convenient to transport while travelling. One of the main factors driving growth in the air mattress market value is the rising popularity of air bed due to its tenacity, adaptability, portability, ease of handling, and odour-free nature. Global demand for air beds is increasing as people become more aware of their health advantages. Additionally creating lucrative potential for the industry are rising wellness tourism and never-ending vacations or excursions.

Electric pumps are used to blast air into these to inflate them. While the pads of the bed are being inflated, air enters various chambers and forms layers, improving the sleeping experience and providing extraordinary comfort to its users. In a variety of industries, including the tourism, medical, and healthcare sectors, they are utilised as regular beds.

COVID-19 Impact: Economic Imbalance Causes Market Distortion

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

The Air bed market was among those affected by the economic crisis during COVID-19. Government officials ordered a nationwide lockdown to stop the corona virus sickness from spreading, which seriously disrupted the flow of raw materials, labour, and manufacturing cycles. One of the main causes of the reduction in demand for the product is the pandemic's restrictions on the tourism industry. People fear travelling even after the constraints have been removed because of the corona virus sickness. This is a significant component lowering the market's demand.  In addition, the outbreak has a negative impact on the business operations of the enterprises, which affects the market as a whole. The industry has been somewhat impacted by this.

LATEST TRENDS

"Increase in Research & Development Process to Boost the Market Growth"

In order to compete with competing products, significant firms are engaging in R&D processes and attempting to create inventive and new items. The development of new innovations has resulted in the addition of some amazing new features that make using them hassle-free for end customers.  Their Demand is increased by the advent of remote control and one-touch automated inflating technology. Thus, a key trend that is opening up potential for the industry to grow is the development of R and D process. These new developments are mostly to blame for the Air beds market overall growth.

Air Beds Market Segmentation

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• By Type

Based on type, the market is classified into PVC, Rubber and others.

• By Application

Based on application, the market is categorised into In-Home, Out-Door and others.

DRIVING FACTORS

"Increase in the travel and tourism that Gives the Market Extra boost"

Younger people are travelling more frequently, which is helping the tourist industry flourish. Air beds are useful and popular travel accessories since they are lightweight, portable, and make it easier for individuals to sleep on uncomfortable surfaces. They can also be easily inflated by electric pumps utilising automobile charging outlets, which improves passengers' trip experiences. These are the main elements that affect the market expansion. As a result, the growth, and the increasing advance technologies will boost the market. It will contribute to the expansion of the consumer goods industry and it will improve the overall Air beds market growth. 

"Increasing demand in hospitals to Encourage Market Expansion"

Most often, air beds are utilised as a safety blanket. These beds are permanently fixed on patient beds that have been vacated. For greater air circulation, patients with third-degree burn injuries and skin conditions prefer to lie on air beds. Consequently, these beds are required in hospital wards. As a result, these factors are collectively promoting market expansion, increasing company revenues. As a result, the increasing demand in hospitals will help the market to boost.

RESTRAINING FACTORS

"Maintenance of the Product to Impede Market Expansion"

If you intend to purchase a larger inflatable bed for fixed or permanent use, be aware that assembly may take two people and 30 to 60 minutes. But after it's put together, the only decision you'll have to make is whether to add more or less air (for a stiffer or softer feel) in accordance with your preferences. For other folks, noise can be a drawback because the mattress might be shaky or the pump itself might produce noise when it's operating. The market expansion of air bed would face significant obstacles due to the sensitivity of air leaks in outdoor conditions. The majority of air mattresses are constructed from PVC. This implies that it has the potential to release harmful particles into the air, which will inevitably harm people's health. This poses a significant obstacle to market growth during the projection period. This may be a significant issue limiting market expansion. If this problem is fixed, the market will start to grow right away.

Air Beds Market Regional Insights

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"North America Dominating the Market Across the Globe"

The market for Air beds in North America has benefited from the region's expanding industrial development, and various driving factors which has increased the potential sectors as this region is the largest user of the product. The key factor driving the growth of the Air beds market share is the growing demand of product in In-Door and Out-Door industry is one of the major reasons to drive the market. Rapid urbanization developments will further boost the overall market.

KEY INDUSTRY PLAYERS

Leading Manufacturers to Boost Product Demand

The analysis covers data on market participants and their positions within the industry. Through appropriate research, mergers, technological development, expanding production facilities, and collaboration, data is being gathered and made available. Information on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more is provided in the study on materials.

List of Market Players Profiled

• INTEX (U.S.)
• Jilong (China)
• Best way (U.K.)
• Insta-bed (U.S.)
• Simmons (U.S.)
• Coleman (U.S.)
• Fox (U.S.)

REPORT COVERAGE

The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost Air beds market share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.