The ghost mattress industry is booming in the United States, with sales up 18% in the past year and a half, according to a new report.
According to the latest data from NPD Group, a market research firm, the sales of ghost mattresses, also known as “ghostbeds,” reached $2.2 billion in 2015.
The market is growing fast in the U.S., especially for the second year in a row.
It was up 18.9% year over year, up from $1.4 billion in 2014.
In addition, sales of the mattresses rose 15.5% in 2015, compared with a 7.3% increase in 2014, according the report.
Sales have been booming in recent months as the economic recovery is coming to an end and as people are finding work.
In the first half of 2016, the industry grew by more than 3% year-over-year.
This year, sales are expected to top $4.5 billion, NPD said.NPD said the industry is expected to expand at a faster rate than any other sector in the next few years, due in part to the growing popularity of the industry among consumers.
According the NPD report, the growth rate of the market for ghost mattress was driven by a combination of the rising popularity of ghost beds, the growing demand for mattresses and the growing interest among consumers to get their furniture delivered, especially to homes.
The growth of the ghost mattress market is also driven by increased demand from people who are moving out of their homes to live with family and friends, and by people wanting to keep their furniture when they move.
NPD attributed the growth in the market to the rise in the popularity of traditional mattresses.
“These are some of the first-time experiences for many new families, who have never been able to afford traditional mattress-related services,” said Greg Luech, vice president of research and research and analysis at NPD.
“The growth in demand for ghost bed-related products was largely driven by this growth in first-timers wanting to return to their old homes and start living more independently, said Lueche.”
With the growing trend for first- time homebuyers to get into the mattress industry, it is important to remember that these trends are largely driven primarily by the increasing popularity of high-end mattresses,” he added.