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StockNews.com
StockNews.com
Business
Mangeet Kaur Bouns

2 Mattress Stocks to Buy, and 1 to Sell

Since the onset of the COVID-19 pandemic, the continuing remote working environment has benefited the mattress industry. The industry has witnessed noteworthy growth because people have been buying more stuff for their homes driven by the work from home new normal. The global mattress market and U.S. mattress market are valued at approximately $81 billion and $17.3 billion, respectively.

The growth in the mattress market has been stimulated by an increasing number of online mattress and bedding retailers and the high effectiveness of e-commerce sites. The mattress industry has been adopting digital channels lately to keep up with changing consumer shopping habits. Approximately 62% of consumers prefer buying mattresses online due to convenience and better prices.

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