Mattress Market by Type, Size, Business Model, Distribution, End User

List of Tables

[182 Pages Report] The Mattress Market size was estimated at USD 31.49 billion in 2023 and expected to reach USD 33.76 billion in 2024, at a CAGR 7.31% to reach USD 51.61 billion by 2030.

A mattress is a sleeping platform with various types and physical properties that significantly affect sleep quality and rest efficiency. The mattress properties have a remarkable effect on sleep behaviors, sleep quality, and a close relationship with sleeping postures. Therefore, a comfortable mattress is essential to providing sound sleep and can improve sleep quality and relieve pain. The increasing population, residential & construction activities, consumer disposable income & lifestyle are supporting the growth of the mattress market. On the other hand, the mattress market can face many obstacles due to fluctuations in economic conditions. The innovation in mattress materials and design, such as temperature control and natural materials, offers a brighter prospect for product penetration.

KEY MARKET STATISTICS
Base Year [2023]	USD 31.49 billion
Estimated Year [2024]	USD 33.76 billion
Forecast Year [2030]	USD 51.61 billion
CAGR (%)	7.31%

Type: Popularity of memory foam mattresses due to their balance of support and comfort

Designed primarily for medical applications, alternating pressure mattresses offer therapeutic benefits to prevent bedsores and enhance circulation for bedridden patients. Utilizing air cells that inflate and deflate, these mattresses are critical in healthcare settings. They are highly preferred in medical facilities and for home care for patients with long-term immobility. Gel mattresses utilize a gel-infused foam that aids in heat dissipation, offering a cooler sleeping surface. Hybrid mattresses combine the support of traditional innerspring coils with layers of foam to provide a balanced sleep experience. They offer an optimal blend of support, comfort, and breathability. Innerspring mattresses, known for their traditional coil support system, offer a bouncy, supportive feel. They are one of the oldest types of mattresses but remain popular due to their durability and airflow. Latex mattresses offer a responsive, eco-friendly option made from natural or synthetic rubber. They provide a unique blend of support and pressure relief, along with hypoallergenic properties. Memory foam mattresses are celebrated for their pressure-relieving contours. The viscoelastic foam responds to body heat and weight, offering an unrivaled personal fit.

End User: Emphasis on mattresses that prioritize brand and luxury in commercial segment

The commercial sector encompasses hotels, motels, and resorts that prioritize comfort, durability, and brand reputation in their mattress selections. Customers within this segment seek products that promise a luxurious sleep experience, contributing to high customer satisfaction and repeat business. Hospital mattresses are distinctively designed to meet healthcare requirements, focusing on patient comfort, hygiene, and the promotion of healing. These mattresses are often specialized to prevent pressure sores and support easy cleaning and disinfection. The residential segment encompasses individuals and families seeking mattresses for personal use. This segment prioritizes comfort, price, and specific needs such as back support and hypoallergenic materials.

Regional Insights

America showcases the advanced landscape for the mattresses market attributed to the growth in the residential and commercial construction industry and increased demand for luxury and innovative home furnishing products. In recent years, the U.S. has recorded an increased number of residential construction, which is favoring the adoption of mattresses for residential use. The Asia-Pacific region witnessed an increasing population and disposable income leading to higher penetration of mattresses. The growing European hospitality industry, consumer expenditure on household products, and manufacturers' focus on improving mattress materials are offering growth potential in the region for the mattress market.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Mattress Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Mattress Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Mattress Market, highlighting leading vendors and their innovative profiles. These include Araam Inc., Boll & Branch LLC, Brooklyn Bedding, LLC, Casper Sleep Inc., Coirfit Mattress, Corsicana Mattress Company, Emma Sleep GmbH, Foamite Industries Inc., Jinlongheng Furniture Co., Ltd., King Koil Mattress Company, Kingsdown, Inc., Leggett & Platt, Incorporated, MD Mattress, Paramount Bed Holdings Co., Ltd., Raenco Mills Private Limited, Relyon Beds Ltd., Restonic Mattress Corporation, Saatva, Inc., Serta Simmons Bedding, LLC, Sheela Foam Ltd., Silentnight Group Limited, Sleep Number Corporation, Sleepwell by AWI Industries, Inc., Slumbercorp, Slumberest Pty Ltd., Southerland Sleep, Springwel Mattresses Pvt. Ltd., Tempur Sealy International, Inc., The Sleep Company, and Wakefit Innovations Private Limited.

Market Segmentation & Coverage

This research report categorizes the Mattress Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Alternating Pressure Mattress
- Gel
- Hybrid Mattress
- Innerspring
- Latex Mattresses
- Memory Foam

Size
- Full
- King
- Queen
- Twin

Business Model
- Lease
- Outright Sale

Distribution
- Offline
- Online

End User
- Commercial
- Hospitals
  - Acute Care
  - Intensive Care
  - Long-term Care
  - Post-acute Care

Residential

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Mattress Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Mattress Market?

3. What are the technology trends and regulatory frameworks in the Mattress Market?

4. What is the market share of the leading vendors in the Mattress Market?

5. Which modes and strategic moves are suitable for entering the Mattress Market?

Product Code: MRR-437E8FA7420D

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing disposable income and changing lifestyle in developing economies
  - 5.1.1.2. Rising urbanization coupled with consumer preference for quality mattresses
  - 5.1.1.3. Increased availability of mattresses through offline and online channels
- 5.1.2. Restraints
  - 5.1.2.1. Limited affordability of premium mattresses among consumers
- 5.1.3. Opportunities
  - 5.1.3.1. Development of orthopedic and ergonomically designed products
  - 5.1.3.2. Emerging use of natural base materials for natural feel
- 5.1.4. Challenges
  - 5.1.4.1. Comfort and health issues associated with mattress
5.2. Market Segmentation Analysis
- 5.2.1. Type: Popularity of memory foam mattresses due to their balance of support and comfort
- 5.2.2. End User: Emphasis on mattresses that prioritize brand and luxury in commercial segment
5.3. Market Trend Analysis
- 5.3.1. Increasing demand of luxury home furnishing products in the United States and Canada
- 5.3.2. Focus on export-led growth and rise of organized mattress manufacturing sector in Asia-Pacific
- 5.3.3. Encouraging government certifications for greener mattresses with ongoing advancements in mattress manufacturing technologies
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. Mattress Market, by Type

6.1. Introduction
6.2. Alternating Pressure Mattress
6.3. Gel
6.4. Hybrid Mattress
6.5. Innerspring
6.6. Latex Mattresses
6.7. Memory Foam

7. Mattress Market, by Size

7.1. Introduction
7.2. Full
7.3. King
7.4. Queen
7.5. Twin

8. Mattress Market, by Business Model

8.1. Introduction
8.2. Lease
8.3. Outright Sale

9. Mattress Market, by Distribution

9.1. Introduction
9.2. Offline
9.3. Online

10. Mattress Market, by End User

10.1. Introduction
10.2. Commercial
10.3. Hospitals
10.4. Residential

11. Americas Mattress Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Mattress Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Mattress Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. Scott Brothers and Restonic Extend Partnership
- 14.3.2. SweetNight Launches "Starry Night" Hybrid Mattress for Amazon, Offering High-Quality and Affordable Sleep Experience for Astral Travelers
- 14.3.3. Serta Simmons Bedding Accelerates Supply Chain Digital Transformation
- 14.3.4. 3Z Brands Announces Acquisition of Leesa Sleep
- 14.3.5. Polysleep and Matelas Bonheur announce a new partnership
- 14.3.6. DeRUCCI, Top Premium Mattress Brand Brings Its Premium New Flagship Product to NYC
- 14.3.7. Italian mattress brand Magniflex eyes key hotel partnerships in India this year
- 14.3.8. Kingsdown Launches Sustainable Foam Mattress Inspired By Global Blue Zones
- 14.3.9. King Koil Building On Popularity Of SplitHead King Category
- 14.3.10. Kingsdown Debuts Blue Zone Mattress At Las Vegas Market
- 14.3.11. Casper to Unveil New Showroom and Innovative Product Offerings at Las Vegas Market
- 14.3.12. Serta Simmons Bedding Announces Updates to Key Lines in its Serta and Beautyrest Portfolio
- 14.3.13. King Koil Upcycles Denim for New Mattress Line
- 14.3.14. Sheela Foam to acquire rival mattress maker Kurlon for USD 267 million
- 14.3.15. MD Mattress continues growth with acquisition of former Corsicana factory
- 14.3.16. Belgian entrepreneur acquires latex bedding specialist
- 14.3.17. Leon's Furniture Limited Announces Exclusive Canadian Partnership With Resident, Owner Of The Award-Winning Nectar And Dreamcloud Mattress Brands
- 14.3.18. Investcorp to lead USD 45 M round in Wakefit at USD 303 M valuation
- 14.3.19. D2C startup The Sleep Company raises USD 21.3 million in round led by Premji Invest
- 14.3.20. Sealy Introduces Pressure-Relieving Gel Technology
- 14.3.21. Mattress Company Bryte Raises USD 20M In Tempur Sealy-Led Round
- 14.3.22. Ananta Capital acquires majority stake in mattress maker Springwel

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio