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3 Best Mattress Stocks to Add to Your Portfolio -Breaking

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© Reuters. The 3 Best Mattress Stocks To Add to Your Portfolio

The continuing expansion of healthcare facilities and growing residential demand for personalized and advanced mattresses are driving the mattress industry’s growth. So we believe that Tempur Sealy, a major player in this market, is able to do so. The Sleep Number Culp, (NASDAQ:), and Culp(CULP), may deliver strong returns over the next months. Keep reading. Increased construction and expansion of healthcare facilities, changing consumer preferences, increasing disposable income, growing market share, and rising prices are all driving growth in the mattress market. A 8% annual growth rate is predicted for the global mattress market to be $17.48billion by 2025.

Furthermore, the availability of personalized mattresses, with alternative materials for customers with back and posture-related problems and/or who need an upgraded sleeping solution, is propelling the market’s growth. Market for U.S. memory-foam mattresses is expected to grow at a rate of 6.35% annually by 2026. The sale of mattresses is also driven by the availability of bedding products online and in-store.

We believe it would be prudent to invest in quality mattresses stocks Tempur Sealy International, Inc., Sleep Number Corporation, (SNBR), Culp, Inc., (CULP). Based on solid financials and strong market positions, these names should deliver substantial returns over the short term.

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