Mattress Market by Type (Alternating Pressure Mattress, Gel, Hybrid Mattress), Size (Full, King, Queen), Business Model, Distribution, End User - Global Forecast 2024-2030

Mattress Market by Type (Alternating Pressure Mattress, Gel, Hybrid Mattress), Size (Full, King, Queen), Business Model, Distribution, End User - Global Forecast 2024-2030

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.

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.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Mattress Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Increasing disposable income and changing lifestyle in developing economies
    • Rising urbanization coupled with consumer preference for quality mattresses
    • Increased availability of mattresses through offline and online channels
    • Market Restraints
      • Limited affordability of premium mattresses among consumers
      • Market Opportunities
        • Development of orthopedic and ergonomically designed products
        • Emerging use of natural base materials for natural feel
        • Market Challenges
          • Comfort and health issues associated with mattress
          • Market Segmentation Analysis
            • Type: Popularity of memory foam mattresses due to their balance of support and comfort
            • End User: Emphasis on mattresses that prioritize brand and luxury in commercial segment
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Mattress Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment 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, namely 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 assessment of the current state of vendors in the Mattress Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. 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 these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • Scott Brothers and Restonic Extend Partnership
              
              Scott Brothers Global and Restonic recently announced an extension of their strategic partnership, extending a successful union between the two companies. This five-year partnership provides customers with increased access to some of the highest quality and most innovative mattresses on the market and access to products combined with outstanding reliability, customer service, and warranty coverage that each company is known for. With several mattress options, such as models featuring locally sourced materials and unique foam constructions that help promote energy efficiency, this partnership continues to deliver a great selection at competitive prices.
              
              SweetNight Launches Starry Night Hybrid Mattress for Amazon, Offering High-Quality and Affordable Sleep Experience for Astral Travelers
              
              SweetNight's exclusive Starry Night Hybrid Mattress is here to make your wildest astral travel dreams come true! This mattress combines the best of three individual sleep technologies into one revolutionary solution to enjoy unparalleled comfort and deep, undisturbed sleep. Indulge in its signature Smart Layer Memory Foam which contours to your body for better pressure relief, add on the quilted padding for superior breathability, and sink into the individually wrapped encased coils for superior motion isolation - all at an affordable price.
              
              Serta Simmons Bedding Accelerates Supply Chain Digital Transformation
              
              Serta Simmons Bedding, one of the world's leading mattress manufacturers and retailers, is revolutionizing its supply chain with a digital transformation. By leveraging the power of tech-enabled tracking systems, they can better understand their operations, optimize delivery times, and increase cost savings. This new approach allows them to gain real-time visibility into their entire inventory chain and proactive insights on elements hindering operational performance. With greater accuracy in understanding how their mattresses move from production to point-of-sale, Serta Simmons Bedding can ensure better customer satisfaction with faster deliveries worldwide. Their innovative supply chain methods consolidate data across multiple platforms creating a more efficient workflow for their global partner networks.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Mattress Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            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
                                  
                                  
                                  Please Note: PDF & Excel + Online Access - 1 Year