[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.
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
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- 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.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Mattress Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Mattress Market?
- What are the technology trends and regulatory frameworks in the Mattress Market?
- What is the market share of the leading vendors in the Mattress Market?
- Which modes and strategic moves are suitable for entering the Mattress Market?
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