LONDON–(BUSINESS WIRE)–Technavio projects the global air mattress and beds market to exceed USD 165 million by 2022. The reducing indoor spaces in urban areas is a key driver, which will impact market growth.
Air mattress and beds are considered travel and room-friendly in both indoor and outdoor environments. Space has become a major issue for apartment dwellers, thus increasing the demand for air mattress and beds. In such situations, air mattresses may be used in place of regular beds. Air mattresses are inflatable, due to which they can be deflated, folded and stored, thereby creating space in the same area where an air mattress may have been placed earlier.
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In this report, Technavio highlights the increasing participation in camping, trekking, and outdoor activities as one of the key emerging trends in the global air mattress and beds market:
Increasing participation in camping, trekking, and outdoor activities
Camping and trekking are growing trends among people, especially among the youth. A good night's sleep is essential when one is camping or going on long arduous treks. The air mattress can be handy during such activities as it is not just comfortable but can be easily carried around, which is a prerequisite when camping. The camping gear market provides a whole gamut of camping equipment such as camp kitchen, camp chairs, tents, and safety and survival gear that is compact and portable.
According to a senior analyst at Technavio for furniture and home furnishing research, “The air mattress is a practical option when choosing camping accessories. Moreover, many modern air mattresses come with inbuilt pillows, USB charging ports, and nightlights, which can be advantageous in outdoor adventure activities. Such innovative features of the air mattress are expected to drive demand during the forecast period.”
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Market segmentation and analysis through 2022
This market research report segments the global air mattress and beds market by product (air mattresses and air beds) and key regions (the Americas, APAC, and EMEA).
In 2017, the air mattresses segment accounted for over 53% of the market, and this trend is expected to continue during the forecast period due to the growing popularity of the product, especially for outdoor leisure activities.
APAC accounted for the largest share of the market in 2017, followed by the Americas, and EMEA. This trend is expected to continue during the forecast period due to the increasing popularity of outdoor adventure activities such as trekking and camping in APAC and the growing per capita income of people in countries such as Thailand, Indonesia, Japan, China, South Korea, and India.
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