How Big is the Mattress Market ? :
The latest report by IMARC Group, titled “Mattress Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the mattress market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. 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.
What is Mattress ? :
Mattress represents an encased fabric filled with resilient materials designed for use on a bed frame. It encompasses a diverse range of filler materials, including cotton fibers, feathers, and foam rubber, along with an arrangement of coiled springs to offer support, bounce, and structural integrity. Many mattresses incorporate memory foam, which conforms to the body’s shape, offering pressure relief, support, and motion isolation. Some product variants feature gel technology that helps address orthopedic conditions and maintain spinal alignment. By preventing disturbances to the circadian rhythm, mattresses contribute to enhanced metabolic rates and a reduced risk of obesity and related ailments. They even aid in minimizing irritations, headaches, and stress by promoting uninterrupted sleep, relieving bodily pain, and facilitating improved posture. Consequently, they are in extensive demand across the globe.
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Top companies in Mattress Market:
- Kingsdown Inc.
- Kurlon Enterprise Ltd.
- Leggett & Platt Incorporated
- Paramount Bed Co. Ltd.
- Sealy Corporation
- Serta Inc.
- Simmons Bedding Company LLC
- Sleep Number Corporation
- Southerland Inc.
- Spring Air Company
- Tempur-Pedic International, Inc
Mattress Market Growth and Demand:
The mattress market is primarily driven by the increasing construction of luxurious residential complexes that provide spacious apartments and a range of amenities. Additionally, the rising number of hotels, inns, guest houses, and motels in popular travel destinations catering to the accommodation needs of tourists and guests is acting as another significant growth-inducing factor. Besides this, the escalating prevalence of bone and posture-related complications, such as arthritis, osteoporosis, osteopenia, and osteomyelitis, among the general population and the expanding geriatric population are further propelling the market growth.
Moreover, the elevating number of e-commerce businesses and online distribution channels, which allow customers to conveniently purchase mattresses from the comfort of their homes, is also positively influencing the global market. Apart from this, the introduction of hybrid mattresses that combine comfort foam, memory foam, transition layers with zoned support, and pocketed coils, providing superior spine support and comfort, is expected to bolster the mattress market over the forecasted period.
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Key Market Segmentation:
Breakup by Product:
- Innerspring
- Memory Foam
- Latex
- Others
Breakup by Size:
- Twin or Single
- Twin XL
- Full or Double
- Queen
- King
- Others
Breakup by Application:
- Domestic
- Commercial
Breakup by Distribution Channel:
- Online
- Offline
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
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