Mattress Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

Mattress Industry Experiencing Robust Growth Driven by Consumer Trends, Innovation, and Healthcare Demand

The global mattress market, which generated US$ 72 Bn in revenue in 2024, is poised for substantial expansion, with a projected CAGR of 9% from 2024 to 2031. Mattresses have evolved beyond consumer durables and are now seen as symbols of social status. Domestic players offering unique products are driving consumer adoption trends, and recent successful product introductions are expected to significantly boost sales in the coming years.

Key Drivers of Mattress Market Growth

The mattress market is being propelled by several key factors. One of the primary drivers is the escalating global competition among industry players, leading to product quality enhancements. Increasing consumer concern for personal appearance and well-being is also contributing to market growth.

Manufacturers are shifting from standard to premium production techniques, using organic raw materials, which is transforming distributors into mainstream retailers. This shift encourages players to diversify their product portfolios, driving demand for mattresses.

However, the outbreak of COVID-19 disrupted industries, resulting in shutdowns, reduced workforce, and supply chain disruptions, temporarily impacting the demand for mattresses.

E-commerce and Millennials Fueling Mattress Sales

The proliferation of smartphones and internet access in untapped markets is expected to significantly boost mattress sales. E-commerce platforms provide consumers with the ability to compare products transparently, driving global sales.

Millennials, who seek affordable yet stylish beds, are a significant target audience for mattress manufacturers. Leading producers are focusing on marketing their products to millennials through social and digital content.

Healthcare and Hospitality Sectors Drive Demand

The healthcare and hospitality sectors aim to expand by offering the facilities and services that end-users require, including mattresses that complement room decor. The proliferation of premium hotels and medical facilities is significantly fueling the global mattress market.

Orthopedic Mattresses Gain Popularity

Orthopedic mattresses, recommended by doctors to enhance sleep quality and reduce pain, are gaining popularity due to increasingly busy and sedentary lifestyles. Sales of orthopedic mattresses have surged as consumers seek relief from back discomfort.

Demand for Airbeds and Waterbeds Rises

Sales of waterbeds and airbeds are rising in the US, Australia, UK, and Europe due to their health benefits, including reducing bedsores and body strain. Demand for these beds is expected to drive the mattress industry.

Shift Towards Natural Mattresses

Consumers are increasingly choosing natural mattresses like latex foam over chemically-based PU foam due to health concerns. However, the limited availability of organic materials to meet the rising demand poses a challenge to the market.

Country-wise Insights

US: The aging affluent population is driving mattress adoption, with back pain being a prevalent issue. Mattress use is expected to help alleviate these issues, boosting market growth.
Germany: The European mattress industry is influenced by recycling practices. Demand for mattresses is rising in healthcare facilities, contributing to market expansion.
China: China is a key growth driver with a booming property market, rising income levels, and an expanding population.
Brazil: The Brazilian mattress market is growing progressively, with a rising preference for box-type mattresses and a growing market for smart mattresses.

Competitive Landscape

The global mattress market presents a stable competitive environment, with top competitors prioritizing product quality and variety. Leading manufacturers are focusing on R&D and new product launches to enhance comfort.

Key Companies Profiled

Spring Air International
King Koil
Paramount Bed Co., Ltd.
Relyon Beds
Casper
Simba Sleep Limited
Dormeo UK Limited
Dreams Ltd.
Kurl-on
Jinboama Furniture Manufacturers
Ministry of Sleep
Duroflex Pvt. Ltd.
M.H. Polymers Pvt Ltd.
Talalay Global
Latex Global
Sheela Foam Limited
And Others

Key Segments Covered in Mattress Industry Research

By Product Type

Foam
Hybrid
Innerspring
Latex
Others

By Size

Twin and Single Size
Twin XL Size
Full or Double Size
Queen Size
King Size
Others

By Sales Channel

Hypermarkets/Supermarkets
Direct Sales
Wholesalers/ Distributors
Specialty Mattress Stores
Online Retailers
Other Sales Channel

1. Executive Summary

1.1. Global Mattress Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Mattress Market Outlook, 2018 - 2031

3.1. Global Mattress Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Foam
  - 3.1.1.2. Hybrid
  - 3.1.1.3. Innerspring
  - 3.1.1.4. Latex
  - 3.1.1.5. Others
3.2. Global Mattress Market Outlook, by Size, Value (US$ Bn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Twin and Single Size
  - 3.2.1.2. Twin XL Size
  - 3.2.1.3. Full or Double Size
  - 3.2.1.4. Queen Size
  - 3.2.1.5. King Size
  - 3.2.1.6. Others
3.3. Global Mattress Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Mattress Market Outlook, 2018 - 2031

4.1. North America Mattress Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Foam
  - 4.1.1.2. Hybrid
  - 4.1.1.3. Innerspring
  - 4.1.1.4. Latex
  - 4.1.1.5. Others
4.2. North America Mattress Market Outlook, by Size, Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Twin and Single Size
  - 4.2.1.2. Twin XL Size
  - 4.2.1.3. Full or Double Size
  - 4.2.1.4. Queen Size
  - 4.2.1.5. King Size
  - 4.2.1.6. Others
4.3. North America Mattress Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 4.3.1.2. U.S. Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 4.3.1.3. Canada Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 4.3.1.4. Canada Mattress Market by Size, Value (US$ Bn), 2018 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Mattress Market Outlook, 2018 - 2031

5.1. Europe Mattress Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Foam
  - 5.1.1.2. Hybrid
  - 5.1.1.3. Innerspring
  - 5.1.1.4. Latex
  - 5.1.1.5. Others
5.2. Europe Mattress Market Outlook, by Size, Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Twin and Single Size
  - 5.2.1.2. Twin XL Size
  - 5.2.1.3. Full or Double Size
  - 5.2.1.4. Queen Size
  - 5.2.1.5. King Size
  - 5.2.1.6. Others
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Mattress Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.2. Germany Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 5.3.1.3. U.K. Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.4. U.K. Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 5.3.1.5. France Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.6. France Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 5.3.1.7. Italy Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.8. Italy Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 5.3.1.9. Turkey Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.10. Turkey Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 5.3.1.11. Russia Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.12. Russia Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 5.3.1.13. Rest of Europe Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 5.3.1.14. Rest of Europe Mattress Market by Size, Value (US$ Bn), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Mattress Market Outlook, 2018 - 2031

6.1. Asia Pacific Mattress Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Foam
  - 6.1.1.2. Hybrid
  - 6.1.1.3. Innerspring
  - 6.1.1.4. Latex
  - 6.1.1.5. Others
6.2. Asia Pacific Mattress Market Outlook, by Size, Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Twin and Single Size
  - 6.2.1.2. Twin XL Size
  - 6.2.1.3. Full or Double Size
  - 6.2.1.4. Queen Size
  - 6.2.1.5. King Size
  - 6.2.1.6. Others
- 6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Mattress Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.2. China Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 6.3.1.3. Japan Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.4. Japan Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 6.3.1.5. South Korea Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.6. South Korea Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 6.3.1.7. India Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.8. India Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 6.3.1.9. Southeast Asia Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.10. Southeast Asia Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 6.3.1.11. Rest of Asia Pacific Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 6.3.1.12. Rest of Asia Pacific Mattress Market by Size, Value (US$ Bn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Mattress Market Outlook, 2018 - 2031

7.1. Latin America Mattress Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Foam
  - 7.1.1.2. Hybrid
  - 7.1.1.3. Innerspring
  - 7.1.1.4. Latex
  - 7.1.1.5. Others
7.2. Latin America Mattress Market Outlook, by Size, Value (US$ Bn), 2018 - 2031
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Mattress Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 7.3.1.2. Brazil Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 7.3.1.3. Mexico Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 7.3.1.4. Mexico Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 7.3.1.5. Argentina Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 7.3.1.6. Argentina Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 7.3.1.7. Rest of Latin America Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 7.3.1.8. Rest of Latin America Mattress Market by Size, Value (US$ Bn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Mattress Market Outlook, 2018 - 2031

8.1. Middle East & Africa Mattress Market Outlook, by Product Type, Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Foam
  - 8.1.1.2. Hybrid
  - 8.1.1.3. Innerspring
  - 8.1.1.4. Latex
  - 8.1.1.5. Others
8.2. Middle East & Africa Mattress Market Outlook, by Size, Value (US$ Bn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Twin and Single Size
  - 8.2.1.2. Twin XL Size
  - 8.2.1.3. Full or Double Size
  - 8.2.1.4. Queen Size
  - 8.2.1.5. King Size
  - 8.2.1.6. Others
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Mattress Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 8.3.1.2. GCC Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 8.3.1.3. South Africa Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 8.3.1.4. South Africa Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 8.3.1.5. Egypt Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 8.3.1.6. Egypt Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 8.3.1.7. Nigeria Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 8.3.1.8. Nigeria Mattress Market by Size, Value (US$ Bn), 2018 - 2031
  - 8.3.1.9. Rest of Middle East & Africa Mattress Market by Product Type, Value (US$ Bn), 2018 - 2031
  - 8.3.1.10. Rest of Middle East & Africa Mattress Market by Size, Value (US$ Bn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Manufacturer vs by Size Heatmap
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. Spring Air International
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Product Type Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Development
- 9.4.2. King koil, paramount Bed Co., Ltd.
  - 9.4.2.1. Company Overview
  - 9.4.2.2. Product Type Portfolio
  - 9.4.2.3. Financial Overview
  - 9.4.2.4. Business Strategies and Development
- 9.4.3. Relyon Beds
  - 9.4.3.1. Company Overview
  - 9.4.3.2. Product Type Portfolio
  - 9.4.3.3. Financial Overview
  - 9.4.3.4. Business Strategies and Development
- 9.4.4. Casper
  - 9.4.4.1. Company Overview
  - 9.4.4.2. Product Type Portfolio
  - 9.4.4.3. Financial Overview
  - 9.4.4.4. Business Strategies and Development
- 9.4.5. Simba Sleep limited
  - 9.4.5.1. Company Overview
  - 9.4.5.2. Product Type Portfolio
  - 9.4.5.3. Financial Overview
  - 9.4.5.4. Business Strategies and Development
- 9.4.6. Dormeo UK Limited
  - 9.4.6.1. Company Overview
  - 9.4.6.2. Product Type Portfolio
  - 9.4.6.3. Financial Overview
  - 9.4.6.4. Business Strategies and Development
- 9.4.7. Kurl-on
  - 9.4.7.1. Company Overview
  - 9.4.7.2. Product Type Portfolio
  - 9.4.7.3. Financial Overview
  - 9.4.7.4. Business Strategies and Development
- 9.4.8. Jinboama Furniture Manufacturers
  - 9.4.8.1. Company Overview
  - 9.4.8.2. Product Type Portfolio
  - 9.4.8.3. Financial Overview
  - 9.4.8.4. Business Strategies and Development
- 9.4.9. Ministery of Sleep
  - 9.4.9.1. Company Overview
  - 9.4.9.2. Product Type Portfolio
  - 9.4.9.3. Financial Overview
  - 9.4.9.4. Business Strategies and Development
- 9.4.10. Duroflex, Pvt. Ltd.
  - 9.4.10.1. Company Overview
  - 9.4.10.2. Product Type Portfolio
  - 9.4.10.3. Financial Overview
  - 9.4.10.4. Business Strategies and Development
- 9.4.11. M.H. Polymers Pvt Ltd.
  - 9.4.11.1. Company Overview
  - 9.4.11.2. Product Type Portfolio
  - 9.4.11.3. Financial Overview
  - 9.4.11.4. Business Strategies and Development
- 9.4.12. Talalay Global
  - 9.4.12.1. Company Overview
  - 9.4.12.2. Product Type Portfolio
  - 9.4.12.3. Financial Overview
  - 9.4.12.4. Business Strategies and Development
- 9.4.13. Latex Global
  - 9.4.13.1. Company Overview
  - 9.4.13.2. Product Type Portfolio
  - 9.4.13.3. Financial Overview
  - 9.4.13.4. Business Strategies and Development
- 9.4.14. Sheela Foam limited
  - 9.4.14.1. Company Overview
  - 9.4.14.2. Product Type Portfolio
  - 9.4.14.3. Financial Overview
  - 9.4.14.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations