About this market
The global housing market has grown at a significant rate over the last three years. New residential constructions and purchases are on the rise, even though growth momentum is still sluggish, especially in developed countries. End- users of adjustable bed bases and bed sets have become popular among almost all newly- built residential establishments for enhancing the aesthetic of the interiors. The growing construction market globally will also drive the demand for adjustable bed bases and bed sets. The analysts have predicted that the adjustable bed base and bed set market will register a CAGR of almost 9% by 2023.
Market Overview
Growing residential construction market
Rising investments in the residential construction industry mostly ensue from strong demand for single- family units and growing population numbers with rising disposable incomes.
Long product replacement cycle
The long replacement cycles restrict frequent sales of adjustable bed base and bed sets, thereby hampering the growth of the market.
For the detailed list of factors that will drive and challenge the growth of the adjustable bed base and bed set market during the 2019-2023, view our report.
Competitive Landscape
The adjustable bed base and bed set market is moderately fragmented. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.