Oman Mattress Market Outlook to 2027F

Oman Mattress Market Outlook to 2027F

The report provides a comprehensive analysis of the potential of the Mattress Market in Oman. The report covers an overview and genesis of the industry, market size in terms of revenue generated.

The Oman Mattress Market segmentations include by product type, by size, by end user and by distribution channel; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.

Market Overview:

According to Ken Research estimates, the Oman Mattress Market was valued at ~USD and a CAGR of ~% in the period of 2017-2022P and is forecasted to grow at a CAGR of ~% in the period of 2022-2027F, owing to the increasing disposable income, increasing urbanization and a rise in awareness about healthy lifestyles.

The rise in online and offline retail channels and increased use of online shopping websites fueling the demand for the Oman Mattress Market.

In 2021, after three years of growth, there was decline in the Oman Mattress Market. Overall consumption, however, continues to indicate a resilient increase.

COVID-19 pandemic period fueled the demand for the Mattress Industry in Oman.

Key Trends by Market Segment:

By Product Type:

The innerspring category accounted for the largest share in the Oman Mattress Market in 2022. This is because innerspring mattresses are getting popular among people in Oman as these mattresses cater to a variety of consumers preferring bounce, cooling, and strong edge support.

By End User: Household held the largest share in the Oman Mattress Market in 2021. This happened due to the Covid-19 pandemic, as people were forced to stay inside their homes for a large period of time, which in turn increased the demand for the Mattress Industry in Oman.

Competitive Landscape

In Oman Mattress Market there are about ~ players operating in the overall market, and top ~ players accounted ~% share in the market in terms of revenue. The major parameters on which these players compete includes Year Established, Product Quality, Price and others.

Future Outlook

The Oman Mattress Market is expected to show a growth of CAGR ~% in the forecasted period of 2022P-2027F reaching ~ USD, with the the increasing disposable income, increasing urbanization and a rise in awareness about healthy lifestyles. The increase in accommodation facilities and the hospitality sector, as well as infrastructural development, are expected to fuel the demand for the Oman Mattress Market in the forecast period.

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