Industry Overview - The inflatable mattress originated in sports training and event protection, later expanding into medical, outdoor leisure, and home use due to its portability [1][12] - The market size of China's inflatable mattress industry is projected to reach 13.8 billion yuan in 2024, with a year-on-year growth of 15.00% [12][14] - The demand for outdoor inflatable mattresses is increasing as outdoor camping and leisure tourism become more popular [12][10] Industry Development History - The inflatable mattress industry in China has gone through three stages: the initial stage before 2005, the development stage from 2006 to 2015, and the mature stage from 2016 to present [4][5] - In the initial stage, the industry was characterized by simple PVC inflatable mattresses produced by small factories [4] - The development stage saw an increase in demand due to the rise of outdoor sports and leisure tourism, with brands like "Toread" introducing automatic inflatable mattresses [4][5] - The mature stage has led to higher consumer expectations for comfort, functionality, and portability, alongside the rise of e-commerce platforms [5][6] Industry Supply Chain - The upstream of the inflatable mattress industry includes raw materials like PVC, TPU, and high polymer materials, as well as components like pumps and valves [8] - The midstream involves the manufacturing of inflatable mattresses, while the downstream applications include outdoor camping, home leisure, and medical care [8] Market Size - The inflatable mattress market is expected to grow significantly, driven by increased consumer spending and changing consumption concepts [12][10] - The outdoor camping economy is projected to reach a core market size of 213.97 billion yuan in 2024, with a year-on-year growth of 60.40% [10] Key Companies and Performance - The market concentration in the inflatable mattress industry is low but is showing an upward trend, with key players in the medical field including companies like Kefu Medical and Huachang Medical [18] - In the outdoor sector, brands like Naturehike and Mugaodi are rapidly emerging by combining outdoor functionality with stylish design [18] - Zhejiang Natural Technology Co., Ltd. is a leading company in the outdoor inflatable mattress sector, with a production volume of 3.4782 million units in 2024, representing a year-on-year growth of 25.80% [20] Industry Trends - The integration of IoT and AI technologies is reshaping product forms, with companies launching smart inflatable mattresses that can automatically adjust pressure and monitor health [24] - The medical field is seeing a rise in specialized inflatable mattresses for diabetes and post-operative recovery [25] - Environmental awareness is driving the use of eco-friendly materials and sustainable practices in the production of inflatable mattresses [27]