Last decade witnessed inordinate market growth and numerous success stories within the home textile and sleep industry. An added factor to this success is the wave of technology, which has revolutionised the sleep industry. The Indian mattress market is expected to grow at a CAGR of 10 percent.
Over the last couple of years, almost every industry has undergone technological disruptions, even the ones where you wouldn’t expect much innovation. Indian mattress market, just like any other industry, has witnessed an intense transformation. Taking into account the gradual shift in customer perspective and rising health consciousness, the trends are expected to persist and escalate further. The rising income levels, increased growth in the real estate and hospitality sector, and awareness among consumers towards stress management has resulted in a paradigm shift in market perception of sleep products..
The last decade has witnessed inordinate market growth and numerous success stories within the home textile and sleep industry. An added factor to this success is the wave of technology, which has revolutionised the sleep industry. The Indian mattress market is expected to grow at a CAGR of 10 percent and is enroute to attain a USD 2.5 Bn mark by the year 2022.
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