Mattress Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Mattress Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A2008
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Market Overview: 

The global mattress market size reached US$ 36.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 52.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.02% during 2023-2028. The increasing number of hotels, inns, guest houses, and motels in various travel destinations to accommodate tourists and guests; rising purchase of home furnishing products; and the growing construction of luxurious residential complexes represent some of the key factors driving the market.

A mattress refers to a quilted fabric case filled with resilient materials that are used on the bed frame. It comprises a wide variety of materials used as fillers, such as cotton fibers, feathers, and foam rubber, along with an arrangement of coiled springs to provide support and bounce and maintain the structure. It is often integrated with memory foam to soften and conform to the shape of the body and provide pressure relief, support, and motion isolation. A mattress is also manufactured with gel technology that is used for curing orthopedic conditions and keeping the spine aligned. It prevents the disruption of the circadian cycle, which assists in improving the metabolism rate and decreasing the risk of obesity and related diseases. It helps minimize the occurrence of irritation, headaches, and stress by facilitating uninterrupted sleep while relieving body pain and providing a better posture. Furthermore, as it is essential for comfortably sleeping, the demand for the mattress is rising around the world.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Mattress Market Trends:

At present, the increasing demand for mattresses in the residential sector due to the rising purchase of various home furnishing products represents one of the primary factors influencing the market positively. Besides this, the growing construction of luxurious residential complexes offering spacious apartments and other amenities to individuals is offering a favorable market outlook. Additionally, the increasing number of hotels, inns, guest houses, and motels in various travel destinations to accommodate tourists and guests is contributing to the growth of the market. Apart from this, there is an increase in the occurrence of various bone and posture-related complications, such as arthritis, osteoporosis, osteopenia, and osteomyelitis, among the masses. This, along with the rising geriatric population worldwide, is propelling the growth of the market. In addition, the increasing number of e-commerce businesses and online distribution channels enabling customers to purchase mattresses from their homes are supporting the market growth. Moreover, the increasing awareness about the benefits of maintaining a proper sleep cycle is strengthening the market growth. Furthermore, key market players are manufacturing hybrid mattresses with comfort foam, memory foam, transition layers with zoned support, and pocketed coils, which provide better spine support and comfort.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global mattress market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, size, application and distribution channel.

Product Insights:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Innerspring Mattresses
  • Memory Foam Mattresses
  • Latex Mattresses
  • Others
     

The report has provided a detailed breakup and analysis of the mattress market based on the product. This includes innerspring mattresses, memory foam mattresses, latex mattresses, and others. According to the report, innerspring mattresses represented the largest segment.

Distribution Channel Insights:

  • Online Distribution

  • Offline Distribution
     

A detailed breakup and analysis of the mattress market based on the distribution channel has also been provided in the report. This includes online distribution and offline distribution. According to the report, offline distribution accounted for the largest market share.

Size Insights:

  • Twin or Single Size
  • Twin XL Size
  • Full or Double Size
  • Queen Size
  • King Size Mattress
  • Others
     

A detailed breakup and analysis of the mattress market based on the size has also been provided in the report. This includes twin or single size, twin XL size, full or double size, queen size, king size mattress, and others. According to the report, king size mattress accounted for the largest market share.

Application Insights:

  • Domestic
  • Commercial
     

A detailed breakup and analysis of the mattress market based on the application has also been provided in the report. This includes domestic and commercial. According to the report, domestic accounted for the largest market share.

Regional Insights:

 

 
 

 

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  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa
     

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for mattress. Some of the factors driving the Asia Pacific mattress market included its increasing demand for home furnishings, rising health- consciousness among the masses, increasing number of e-commerce brands, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global mattress market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Kingsdown Inc., Kurlon Enterprise Ltd., Leggett & Platt Incorporated, Paramount Bed Co. Ltd., Tempur Sealy International, Serta Inc., Simmons Bedding Company LLC, Sleep Number Corporation, Southerland Inc., Spring Air International, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Product, Size, Application, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Kingsdown Inc., Kurlon Enterprise Ltd., Leggett & Platt Incorporated, Paramount Bed Co. Ltd., Tempur Sealy International, Serta Inc., Simmons Bedding Company LLC, Sleep Number Corporation, Southerland Inc., and Spring Air International
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the mattress market from 2017-2028.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the global mattress market.
  • The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the mattress industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
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  • For further assistance, please connect with our analysts.
Mattress Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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