Malaysia Rental Mattress Market Size By Mattress Type (Soft and Firm), By Product (Memory Foam, Latex, Inner Spring), By Application (Domestic and Commercial), And Forecast

Malaysia Rental Mattress Market Size And Forecast

Malaysia Rental Mattress Market size was valued at USD 23.72 Million in 2021 and is estimated to reach USD 74.55 Million by 2030, registering a CAGR of 13.32% from 2023 to 2030.

The development of the tourism industry, which is resulting in the increasing number of hotels and, in turn, the growing sale of mattresses is anticipated to boosted the Malaysian Rental . The Malaysia Rental Mattress Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

What is Rental Mattress?

The rental mattress is referred to as the rental property mattress that is required to combine comfort, cost-effectiveness, and durability for the widest range of sleeping styles available. Mattresses in guest houses and rented rooms take more abuse than normal mattresses. Bed suitcases, careless handling, or long periods of sitting should be considered. The mattress constantly suggests a pocket spring core mattress with wide-edge support.

Major types of mattresses for rental property include

• Airflow
• Durability
• Innerspring
• Mattress protectors.

The industry has developed several folds in terms of mattress developments, market size, and total number of mattresses being sold. The growth showed by the market was contributed by factors such as a growing number of hotels and increasing construction activities of both non-residential and residential units together with growing demand for premium quality mattresses and rising consumer spending on household items.

Malaysia Rental Mattress Market Overview

The development of the tourism industry, which is resulting in the increasing number of hotels and, in turn, the growing sale of mattresses is anticipated to boost the Malaysian rental mattress market. Decreasing supply costs by major latex and natural rubber manufacturers is likely to boost market growth over the forecast period.

The sector has developed exponentially in terms of mattress development and market size. The prevalence of specialty mattresses such as foam-based, waterbeds, and airbeds mattresses is expected to be surged by increased back problems mostly owing to uncomfortable sleeping surfaces.

Moreover, growing product demand from the real estate industry to serve the requirements of the residential segment has resulted in a surge in the sales of home furnishings, such as bed linen, pillowcases, and mattress products, among others. Also, there has been a significant number of investments by several governments in the healthcare industry to expand healthcare facilities and develop infrastructure. Also, the development of the tourism industry is resulting in the increasing number of hotels and, in turn rising the sale of mattresses.

Malaysia Rental Mattress MarketSegmentation Analysis

The Malaysia Rental Mattress Market is segmented on the basis of Mattress Type, Product, and Application.

Malaysia Rental Mattress Market By Mattress Type

• Soft• Firm

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Based on Mattress Type, the market is bifurcated into Soft and Firm. Soft accounted for the largest market share in 2021. A soft mattress is the perfect place to dream and relax after a long day out and about. Soft mattresses simply mould to one’s body shape, keeping one comfortable no matter what position one lies on. They are also perfect for couples, as the soft material covers up all the other partner’s movements. Thus, the increased comfort due to soft mattress lead to its increased adoption.

Malaysia Rental Mattress Market By Product

• Memory Foam• Latex• Inner Spring• Others

On the basis of Product, the Malaysia Rental Mattress Market has been segmented into Memory Foam, Latex, Inner Spring, and Others. Memory Foam dominated the Gene Panel market in 2021. Memory Foam detects conforms and pressure to the contour of the body. Memory foam mattress can be considered to be a personalized mattress for the body. A memory foam mattress has the benefit of uniformly supporting every part of the body. Hence, there is growing adoption of memory foam mattress.

Malaysia Rental Mattress Market By Application

• Domestic• Commercial

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On the basis of Application, the Malaysia Rental Mattress Market has been segmented into Domestic and Commercial. Domestic is expected to dominate the Gene Panel market over the forecast period. Housing is observing more accessibility, as per the Organization for Economic Co-operation and Development (OECD), owing to government measures and the worldwide average annual growth rate of disposable income of more than 2% in 2019. This is expected to boost the growth of the segment.

Key Players

The “Malaysia Rental Mattress Market” study report will provide valuable insight with an emphasis on the market including some of the major players such as Coway, CUCKOO International (MAL) Sdn. Bhd, BMEC, and Khemah Camping. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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