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Mattress Market is Likely to Touch Around USD 43 Billion by 2024: Report

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Madrid, Spain – A new research report based on Mattress Market highlighting the product, size, end-user has been released. This report highlights the in-depth analysis of current business trends and the prospective growth of the Mattress market. And according to this report, this market will most probably reach a whopping figure of USD 43 Billion in the next 5 years. To drive at this figure, it has taken many factors such as key drivers, restraints, popular market players, etc. into account. The mattress market research report also focusses on the important factors responsible for the global Mattress Market and the popular players in this sector.

Using SWOT analysis, the report estimates the growth of Mattress Market globally. Analysis of the recent enhancement and the expansion of key Mattress Market players have been mentioned in a detailed manner in the report. Also, the key product category, revenue segmentation, and various helpful information such as product offerings have been covered under this report. Apart from the current trends, the report highlights various opportunities regarding the growth of the Mattress Market in the coming time. The report simply does so by using various methodological tools to predict the growth in future time. Mattress reviews available online have also contributed to study the current growth trends in the mattress market.

In order to classify the global Mattress Market, various factors such as types of product, application segments, and end-user have been taken into consideration. The segmental study of the growth prospects of the future helps to analyze this market well. The data has been collected from the regulatory organizations and also the estimation of future growth is taken into consideration on the basis of various regions. Various other key points such as joint ventures, strategic alliances, mergers and acquisitions, R&D in the mattress market industry have been considered in this report. People all across the world are giving special importance to buy mattresses and CPAP cleaners to keep their house well-furnished in order to have a sound sleep.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

This Canadian Entrepreneur Tells Us The Highs and Lows of Running A Successful Hemp Company

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East of Toronto lies a Canadian hemp company called The Hemp Spot which offers over fifty plus products.

CEO and founder, Jacob Moore started the company in 2018. Moore’s interest in hemp began when he was looking for a healthier protein product that would help with recovery and pain remedy. Moore has an autoimmune disease called Ankylosing Spondylitis, which can cause some of the small bones in someone’s spine (vertebrae) to fuse. This can cause less flexibility and can result in someone having a hunched posture.

His discovery of hemp protein helped with the pain however, he realized there were not a lot of Canadian hemp products readily available. Knowing there might be others who were also suffering from joint pains or who were looking for safer, healthier options to help with recovery, Moore created The Hemp Spot.

“We are your local one-stop-shop for all things Canadian hemp. We have a variety of Canadian hemp products supplied by various Canadian hemp farmers and small Canadian hemp businesses,” said Moore.

Even though Moore found a natural product that would help many Canadians, he faced

numerous obstacles to get his business started. Banks gave Moore a hard time because of the misconceptions and stigmas surrounding hemp. Banks deemed hemp as marijuana. Although growing industrial hemp has been legal since 1998.

“When hemp was grouped in with marijuana it was declared an illegal substance. Slowly people began to ignore the benefits for the environment and for themselves. Till this day many people believe hemp is marijuana and has a high amount of THC,” said Moore.

To clarify, hemp comes from the same species of plant as cannabis however, it has lower levels of tetrahydrocannabinol (THC) compared to cannabis. The first license to grow industrial hemp for commercial purposes in Canada was issued in May 1998. Unlike its sister plant (cannabis) hemp takes around 90-120 days to grow, compared to four to eight months growth time for cannabis.

Moore continues to have problems advertising his company online because social media platforms such as Facebook bundle hemp with marijuana under their advertising regulations. As of 2019, Facebook has made some adjustments to their advertisement laws, which allows hemp companies in the U.S. to promote their businesses, as long as they’re promoting non-ingestible hemp.

“It may say hemp companies can advertise on Facebook/social media but hemp companies (in Canada) like myself are not allowed to promote, even when we try to promote our Hemp Face cloths. I’ve been flagged for selling illegal substances. I wish we were allowed to advertise however, we’re not able to,” said Moore.

Similar to advertising companies, Moore had to prove to banks that hemp was not a marijuana product. Nonetheless, Moore’s resilient spirit has allowed him to mount a thriving business and also to educate the public.

His company has helped many Canadian hemp farmers. Hemp expels four times more carbon dioxide than trees, and helps reduce greenhouse gases in the air. “We want everyone to experience hemp for all that it is; to utilize it as a food supplement, to clothe ourselves, to help transportation grow, and to help shelter families,” said Moore.

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