According to the research report titled, ‘Global Latex Mattress Market Size study, by Product Type (Blended Mix, Natural and Synthetic), Application (Residential and Commercial) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global latex mattress market is anticipated to amass notable gains during 2021-2027.
 

Increasing prevalence of sleeping disorders and escalating demand for comfortable lifestyle driven by hectic work schedule are prime factors propelling the growth of global latex mattress market. According to the statistics released by startstanding.org, nearly 50% of the worldwide working population reported having severe back pain symptoms every year.
 

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For the unversed, latex mattresses are made of natural latex which create a supportive and durable sleep surface.
 

In addition, surging incidences of backache due to inappropriate sleep postures, rising commercial infrastructure development, introduction of innovative products, and rising adoption of smart mattresses are augmenting industry outlook.
 

On the contrary, high costs associated with the product is likely to hamper the remuneration scope of the market in the ensuing years.
 

Based on product type, global latex mattress market is bifurcated into blended mix, synthetic and natural, whereas classification based on application includes residential and commercial.
 

Moving on to the geographical landscape, regions like North America, Europe, Asia Pacific, and Latin America are considered to understand the dynamics of this business sphere. Among these, North America presently holds major portion of overall industry share due to rapid development of the hospitality sector, prompt urbanization, and emergence of innovative products.
 

Meanwhile, Asia Pacific market is projected to expand considerably over 2021-2027 owing to the presence of major industry players, large consumer base, and growing hospitality and residential sector.
 

Key players defining the competitive hierarchy of worldwide latex mattress market are The Organic Mattress, Inc, Spring Air International Inc. LLC, Royal-Pedic Mattress Mfg, PlushBeds, Inc, Sleep Number Corporation, Dream Foam Bedding, The Spindle Company, Inc, Astra Beds LLC, Simons Bedding Company LLC, and Sleep  On Latex.
 

The aforementioned companies are undertaking various strategies including mergers & acquisitions, collaboration, new product launches along with R&D initiatives to strengthen their position in the global market and generate significant revenues.