UAE-based Future Mattress has announced its plans to capture a 20 percent market share in the mattresses sector in the UAE. According to the news report by Khaleej Times, Muhammad Adil Mirza, CEO, of Phoenix Medicines and Future Mattress recently informed the media in Dubai, adding that his company is also keen to tap a 15 percent market share in the pillow segment. He mentioned that the country presents a favourable business environment for investors and excellent infrastructural facilities coupled with professional expertise and personalised services give the UAE an edge over other countries. The product line of the company includes Bonnell Spring, Pillow Top, Euro Top, Pocket Spring and Memory Foam Mattress. The company also manufactures medicated mattresses.
Somnus Mattress International LLC establishing operations in Cherokee County
Somnus Mattress International LLC, a manufacturer of hybrid, memory foam mattresses, announced plans to establish operations in Cherokee County. The company’s $13 million investment will create 55 new jobs. Somnus Mattress International LLC produces multi-layer mattresses that combine memory foam with an innerspring system. The mattresses are compressible and roll-packable, which leads to more efficient shipping.
GLOBAL HYBRID MATTRESS MARKET 2022-2026: The market is poised to grow by $1.42 billion
The “Global Hybrid Mattress Market 2022-2026” report has been added to ResearchAndMarkets.com’s offering. The publisher has been monitoring the hybrid mattress market and the report says it is poised to grow by $1.42 bn during 2022-2026, progressing at a CAGR of 8.2 percent. The market is driven by an increase in online retailing, the highly developed offline retail sector in developed countries, and the growth of the real estate and construction industry. Also, the growing demand for eco-friendly mattresses and the growing need for multifunctional beds will lead to sizable demand in the market.
Sealy introduces the Eco-Friendly and Responsibly-sourced Sealy Naturals Collection
Tempur Sealy International announced that it is introducing Sealy Naturals, a new eco-friendly mattress collection made with responsibly sourced materials.
The new Sealy Naturals mattresses combine environmental responsibility with the comfort and quality that consumers have come to expect from Sealy. The mattresses are created with 100 percent natural latex and ethically-harvested wool—for comfort, breathability and support—and a cover made from a blend of materials including soft hemp and organic cotton. Each Sealy Naturals mattress is also built using a hybrid innerspring and latex design and uses techniques such as hand-tufting, for a beautiful, durable and environmentally-friendly construction.
“The introduction of the Sealy Naturals collection embodies our commitment to sustainability and environmental responsibility,” said Scott Thompson, Tempur Sealy Chairman and CEO. “We are proud to offer these new mattresses to the growing number of consumers who are interested in natural and sustainable products, and who also look to Sealy for a great night’s sleep.”