Market Overview:
The global coconut palm mattress market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for natural and environment-friendly products across the globe. Coconut palm mattresses are made up of natural materials such as coconut fiber, latex foam, and wool which makes it an eco-friendly product. These mattresses are also known for their durability and long life span which is another factor contributing to the growth of this market. The global coconut palm mattress market by type is segmented into soft mattresses and hard mattresses. The soft mattress segment is anticipated to account for a larger share in terms of revenue in 2018 as compared to hard mattress segment owing to its high comfort level offered by these mattresses.
Product Definition:
A coconut palm mattress is a natural fiber mattress made from the fibers of the coconut palm. They are durable, breathable, and hypoallergenic. Coconut palm mattresses are often used in tropical climates because of their ability to cool and ventilate.
Soft Mattress:
The soft mattress is a type of bedding product that comprises a layer of springs, foam or other material designed to provide support and comfort. Soft mattresses are usually used in beds, sofas and chairs. The growth factor for the market is increasing demand from developing countries such as India, China and Brazil among others where coconut palm mattress is widely used as an alternative to traditional beds.
Hard Mattress:
Hard mattress is a type of bedding product made up of solid material like wood, metal, or plastic. The hardness of the mattress depends on the materials used in its making. A normal hard mattress has a firmness level between 5 (firm) and 50 (soft). It can be used as an alternative to air mattresses but it is more durable and less likely to lose its shape after frequent use.
Application Insights:
The commercial application segment held the largest share of over 70.0% in 2017. The growth can be attributed to increasing demand for premium and luxury bedding products in hotels, hospitals, and other similar institutional places. Coconut palm mattress is a natural product; hence it does not cause any allergic reaction or skin irritation like other synthetic materials do. As a result, the product finds huge applications in these types of institutions across the globe.
Household application is expected to grow at fastest rate owing to rising consumer awareness regarding health benefits associated with this natural product coupled with growing preference for eco-friendly products that are free from harmful chemicals and pesticides used during production process of conventional mattresses. Moreover, coconut palm mattress helps improve blood circulation by reducing pressure on veins thus improving overall health as well as beauty appearance which further boosts its demand among consumers globally since past few years now!.
Regional Analysis:
Asia Pacific dominated the global coconut palm mattress market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing consumer spending on home and bedding products. Increasing disposable income coupled with growing awareness regarding quality sleep is anticipated to drive demand for mattresses in this region.
The Asia Pacific has been one of the largest producers of coconuts and coconut oil since forever, which has made it a natural choice as a manufacturing hub for these products especially when considering its low cost compared with other regions. Coconut trees are indigenous to tropical areas, thus making it an ideal raw material for manufacturing mattresses in this region due to its abundant supply at cheaper rates along with easy availability of skilled labor force and proper infrastructure at lower costs than developed countries such as the U.S., U.K., Germany, Japan etc.
Growth Factors:
- Increasing demand for natural and organic mattresses: The global market for natural and organic mattresses is expected to grow at a CAGR of 9.5% from 2016 to 2021. This growth can be attributed to the increasing awareness about the health benefits of using natural and organic products, especially among consumers in developed countries. Coconut palm mattress is made from all-natural materials, such as coconut fiber, latex foam, wool, cotton batting, and jute webbing. Thus, it qualifies as a natural mattress and is likely to benefit from the growing demand for such products.
- Rising disposable income: A key driver for the growth of any consumer goods market is rising disposable income levels in emerging markets across the world. Coconut palm mattress falls into this category given that it is relatively expensive compared to other types of mattresses available in the market today (although prices are dropping). As more people join the middle class in countries such as India and China – where demand for coconut palm mattresses is high – sales are likely to increase significantly in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Coconut Palm Mattress Market Research Report
By Type
Soft Mattress, Hard Mattress
By Application
Household Application, Commercial Application
By Companies
Palmpring, Sleemon, DeRucci, Airland, QuanU, Suibao, Bell Land, Sweetnight, Asnug, Good Night Home Furnishing, Palmpring, Kalon, Natuzzi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Coconut Palm Mattress Market Report Segments:
The global Coconut Palm Mattress market is segmented on the basis of:
Types
Soft Mattress, Hard Mattress
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household Application, Commercial Application
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Palmpring
- Sleemon
- DeRucci
- Airland
- QuanU
- Suibao
- Bell Land
- Sweetnight
- Asnug
- Good Night Home Furnishing
- Palmpring
- Kalon
- Natuzzi
Highlights of The Coconut Palm Mattress Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Soft Mattress
- Hard Mattress
- By Application:
- Household Application
- Commercial Application
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Coconut Palm Mattress Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A coconut palm mattress is a type of natural latex mattress that is made from the dried leaves and husks of coconuts. Coconut palm mattresses are often considered to be more comfortable and durable than other types of mattresses, due to their natural latex content.
Some of the key players operating in the coconut palm mattress market are Palmpring, Sleemon, DeRucci, Airland, QuanU, Suibao, Bell Land, Sweetnight, Asnug, Good Night Home Furnishing, Palmpring, Kalon, Natuzzi.
The coconut palm mattress market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Coconut Palm Mattress Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Coconut Palm Mattress Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Coconut Palm Mattress Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Coconut Palm Mattress Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Coconut Palm Mattress Market Size & Forecast, 2018-2028
4.5.1 Coconut Palm Mattress Market Size and Y-o-Y Growth
4.5.2 Coconut Palm Mattress Market Absolute $ Opportunity
Chapter 5 Global Coconut Palm Mattress Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Coconut Palm Mattress Market Size Forecast by Type
5.2.1 Soft Mattress
5.2.2 Hard Mattress
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Coconut Palm Mattress Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Coconut Palm Mattress Market Size Forecast by Applications
6.2.1 Household Application
6.2.2 Commercial Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coconut Palm Mattress Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Coconut Palm Mattress Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Coconut Palm Mattress Analysis and Forecast
9.1 Introduction
9.2 North America Coconut Palm Mattress Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Coconut Palm Mattress Market Size Forecast by Type
9.6.1 Soft Mattress
9.6.2 Hard Mattress
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Coconut Palm Mattress Market Size Forecast by Applications
9.10.1 Household Application
9.10.2 Commercial Application
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Coconut Palm Mattress Analysis and Forecast
10.1 Introduction
10.2 Europe Coconut Palm Mattress Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Coconut Palm Mattress Market Size Forecast by Type
10.6.1 Soft Mattress
10.6.2 Hard Mattress
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Coconut Palm Mattress Market Size Forecast by Applications
10.10.1 Household Application
10.10.2 Commercial Application
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Coconut Palm Mattress Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Coconut Palm Mattress Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Coconut Palm Mattress Market Size Forecast by Type
11.6.1 Soft Mattress
11.6.2 Hard Mattress
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Coconut Palm Mattress Market Size Forecast by Applications
11.10.1 Household Application
11.10.2 Commercial Application
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Coconut Palm Mattress Analysis and Forecast
12.1 Introduction
12.2 Latin America Coconut Palm Mattress Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Coconut Palm Mattress Market Size Forecast by Type
12.6.1 Soft Mattress
12.6.2 Hard Mattress
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Coconut Palm Mattress Market Size Forecast by Applications
12.10.1 Household Application
12.10.2 Commercial Application
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Coconut Palm Mattress Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Coconut Palm Mattress Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Coconut Palm Mattress Market Size Forecast by Type
13.6.1 Soft Mattress
13.6.2 Hard Mattress
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Coconut Palm Mattress Market Size Forecast by Applications
13.10.1 Household Application
13.10.2 Commercial Application
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Coconut Palm Mattress Market: Competitive Dashboard
14.2 Global Coconut Palm Mattress Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Palmpring
14.3.2 Sleemon
14.3.3 DeRucci
14.3.4 Airland
14.3.5 QuanU
14.3.6 Suibao
14.3.7 Bell Land
14.3.8 Sweetnight
14.3.9 Asnug
14.3.10 Good Night Home Furnishing
14.3.11 Palmpring
14.3.12 Kalon
14.3.13 Natuzzi
