Market Overview:
The global electric adjustable bed market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric adjustable beds from both, household and commercial applications. Additionally, the rising awareness about the health benefits of using electric adjustable beds is also contributing to the growth of this market. Some of the major factors that are restraining the growth of this market are high cost and lack of standardization across different regions. The global electric adjustable bed market can be segmented on the basis of type into single beds and double beds. On the basis of application, it can be divided into household and commercial applications. Geographically, it can be segmented into North America, Latin America, Europe Asia Pacific and Middle East & Africa (MEA).
Product Definition:
An electric adjustable bed is a bed that can be electronically adjusted to different angles and positions. This allows the user to find a comfortable position without having to manually adjust the bed. Electric adjustable beds are often used by people who have medical conditions that require them to sleep in specific positions, such as those with chronic back pain or GERD.
Single Beds:
Single beds are also known as single mattresses or single bed frames. They are used for sleeping by one person and can be either portable or fixed in place. Single beds do not have any drawers, but some models do have storage space under the bed for storing personal belongings such as clothing, shoes, etc. The most common use of a single bed is to sleep by itself; however it is also used in various residential applications such as living rooms and dens (in case of students).
Double Beds:
Double beds are used in electric adjustable bed market to provide support for two people. These products have a mechanism which can raise and lower the bed at the same time. It is also possible to adjust one person at a time using these products. The double beds are available with different sizes, shapes, and colors according to consumer requirements.
Electric adjustable double beds have gained popularity among consumers due to their ease of use.
Application Insights:
The household segment held the largest share of more than 70.0% in 2017. The rising number of nuclear families in the western countries including U.S., Canada, and France is expected to be a key factor for product demand in this segment over the forecast period. Moreover, rapid urbanization coupled with increasing disposable income has led to an increase in bedroom requirements at a domestic level which is further anticipated to drive industry growth over the coming years.
The commercial application segment is expected register a CAGR of XX% from 2018 to 2030 owing to an increase in demand for electric adjustable beds from hospitals and hotels among other segments such as healthcare centers.
Regional Analysis:
North America dominated the global market in 2017 owing to high demand for quality sleep solutions. The region is expected to witness a CAGR of XX% over the forecast period, which can be attributed to increasing geriatric population and subsequently rising insomnia cases. Moreover, growing awareness regarding sleep disorders among people is anticipated to fuel product demand in this region.
Asia Pacific electric adjustable bed market is expected witness significant growth during the forecast period due to rapid urbanization and increasing disposable income levels of consumers coupled with rising number of hotels & resorts across countries such as China, India, Thailand & Malaysia etc.; thereby driving product sales significantly over next eight years from 2018 till 2030 time frame. In addition, improving healthcare infrastructure along with rise in medical tourism will also boost regional growth further on account of positive impact it has on overall industry dynamics; positively influencing sales volume as well as revenue generation for key participants operating within Asia Pacific electric adjustable bed market space during the same timeframe mentioned above).
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increase in demand for electric adjustable beds, as they are more comfortable for elderly people than traditional beds.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as arthritis, heart disease, and diabetes is increasing globally due to changing lifestyles and aging populations. This is leading to an increased demand for electric adjustable beds, as they can help improve the quality of life for patients with chronic diseases by providing them with relief from pain and discomfort.
- Growing awareness about benefits of electric adjustable beds: There is growing awareness among consumers about the benefits of using electric adjustable beds over traditional bed frames or mattresses. Some key benefits include improved sleep quality, reduced back pain, and prevention or treatment of conditions such as GERD (gastroesophageal reflux disease) and snoring/sleep apnea .This is resulting in an increase in demand for electric adjustable beds worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Adjustable Bed Market Research Report
By Type
Single Beds, Double Beds
By Application
Household, Commercial
By Companies
L&P, Ergomotion, Primo International, Reverie, Keeson, Beautyrest, Tempur-Pedic, Easy Rest, Serta, Natural Form, L&P, Luffabenz, Boyd Specialty Sleep, Dreams
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Electric Adjustable Bed Market Report Segments:
The global Electric Adjustable Bed market is segmented on the basis of:
Types
Single Beds, Double Beds
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, Commercial
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:
- L&P
- Ergomotion
- Primo International
- Reverie
- Keeson
- Beautyrest
- Tempur-Pedic
- Easy Rest
- Serta
- Natural Form
- L&P
- Luffabenz
- Boyd Specialty Sleep
- Dreams
Highlights of The Electric Adjustable Bed 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:
- Single Beds
- Double Beds
- By Application:
- Household
- Commercial
- 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 Electric Adjustable Bed 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?
An electric adjustable bed is a type of bed that can be raised and lowered using motors. This allows people with disabilities or medical conditions to have more control over their sleeping environment.
Some of the key players operating in the electric adjustable bed market are L&P, Ergomotion, Primo International, Reverie, Keeson, Beautyrest, Tempur-Pedic, Easy Rest, Serta, Natural Form, L&P, Luffabenz, Boyd Specialty Sleep, Dreams.
The electric adjustable bed market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Adjustable Bed 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 Electric Adjustable Bed Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Adjustable Bed 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 Electric Adjustable Bed 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 Electric Adjustable Bed Market Size & Forecast, 2018-2028
4.5.1 Electric Adjustable Bed Market Size and Y-o-Y Growth
4.5.2 Electric Adjustable Bed Market Absolute $ Opportunity
Chapter 5 Global Electric Adjustable Bed 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 Electric Adjustable Bed Market Size Forecast by Type
5.2.1 Single Beds
5.2.2 Double Beds
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Adjustable Bed 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 Electric Adjustable Bed Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Adjustable Bed 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 Electric Adjustable Bed 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 Electric Adjustable Bed Analysis and Forecast
9.1 Introduction
9.2 North America Electric Adjustable Bed 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 Electric Adjustable Bed Market Size Forecast by Type
9.6.1 Single Beds
9.6.2 Double Beds
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 Electric Adjustable Bed Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
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 Electric Adjustable Bed Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Adjustable Bed 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 Electric Adjustable Bed Market Size Forecast by Type
10.6.1 Single Beds
10.6.2 Double Beds
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 Electric Adjustable Bed Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
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 Electric Adjustable Bed Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Adjustable Bed 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 Electric Adjustable Bed Market Size Forecast by Type
11.6.1 Single Beds
11.6.2 Double Beds
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 Electric Adjustable Bed Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
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 Electric Adjustable Bed Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Adjustable Bed 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 Electric Adjustable Bed Market Size Forecast by Type
12.6.1 Single Beds
12.6.2 Double Beds
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 Electric Adjustable Bed Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
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) Electric Adjustable Bed Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Adjustable Bed 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) Electric Adjustable Bed Market Size Forecast by Type
13.6.1 Single Beds
13.6.2 Double Beds
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) Electric Adjustable Bed Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
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 Electric Adjustable Bed Market: Competitive Dashboard
14.2 Global Electric Adjustable Bed Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 L&P
14.3.2 Ergomotion
14.3.3 Primo International
14.3.4 Reverie
14.3.5 Keeson
14.3.6 Beautyrest
14.3.7 Tempur-Pedic
14.3.8 Easy Rest
14.3.9 Serta
14.3.10 Natural Form
14.3.11 L&P
14.3.12 Luffabenz
14.3.13 Boyd Specialty Sleep
14.3.14 Dreams
