China Mattress Market Size (2024 - 2029)

The Chinese mattress market is experiencing significant growth, driven by factors such as an increasing population, rising income levels, and a booming housing market. As a key production hub, China benefits from international trade, although rising material and labor costs are squeezing profit margins. The market's expansion is influenced by the renovation and construction of new homes, as well as innovations in sleep concepts. Consumer demand for functional and healthy mattresses is rising, particularly due to changing lifestyles and sleep disorders. Social e-commerce channels are also contributing to market development. However, the COVID-19 pandemic posed challenges, disrupting supply chains and reducing product purchases during lockdowns.

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Market Size of China Mattress Industry

Chinese Mattress Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 15.21 Billion
Market Size (2029) USD 23.84 Billion
CAGR (2024 - 2029) 9.40 %
Market Concentration Low

Major Players

Chinese Mattress Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Chinese Mattress Market Analysis

The China Mattress Market size is estimated at USD 15.21 billion in 2024, and is expected to reach USD 23.84 billion by 2029, growing at a CAGR of 9.40% during the forecast period (2024-2029).

China emerged as an important production hub for mattress manufacturing. China's mattress market developed rapidly due to the growing population in China, increasing income levels, and the booming housing market. Other major reasons include the growth of international trade in current times. Mattress manufacturing is a highly profitable market in China, but margins are being squeezed due to rising material and labor costs, which can also hinder the growth of the market. China's mattress industry is still affected by other factors, such as the speed of renovation of existing houses, expansion of new houses, and innovation in traditional sleep concepts. Consumer groups are expanding in the Chinese mattress market and have the potential for further development. Consumers highly regard a functional and healthy mattress in the market due to changing lifestyles and sleep disorders among people. Replacement of bedding is forecasted to lead to the growth of the mattress market in China. Social e-commerce channels, such as Twitter, Tuoke, and Pinchao, are also playing a huge role in the development of the market studied.

The COVID-19 pandemic and lockdown acted as a massive restraint on the Chinese mattress market in 2020, as supply chains were disrupted due to trade restrictions. The purchase of these products was declined due to lockdowns imposed by the Indian government. The lockdown restrictions forced to stop the manufacturing of mattresses and reduced the purchasing of mattresses, which resulted in a decline in the overall ASEAN market.

Chinese Mattress Industry Segmentation

A mattress is a soft, airtight case that is designed to be inflated and used as a bed. The report covers a complete background analysis of the Chinese mattress market, which includes an assessment of the total market, emerging trends in the segments and regional market, and significant changes in market dynamics and market overview. The report also offers qualitative and quantitative assessments by analyzing the data gathered from industry analysts and market participants across various key points in the value chain. The report covers the Chinese foam mattress market, and it is segmented by type (innerspring mattresses, memory foam mattresses, latex mattresses, and other types (gel and hybrid) and distribution channel (offline and online). The report offers market size and forecasts for the Chinese mattress market in terms of revenue (USD) for all the above segments.

By Type
Innerspring Mattresses
Memory Foam Mattresses
Latex Mattresses
Other Types (Gel and Hybrid)
By End User
Residential
Commercial
By Distribution Channel
Offline
Online
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China Mattress Market Size Summary

The Chinese mattress market is experiencing significant growth, driven by factors such as an increasing population, rising income levels, and a booming housing sector. As a major production hub, China has seen rapid development in its mattress industry, bolstered by the expansion of international trade. However, the market faces challenges, including rising material and labor costs, which are squeezing profit margins. The industry is also influenced by the pace of housing renovations, new housing expansions, and innovations in sleep concepts. Consumer preferences are shifting towards functional and healthy mattresses, spurred by changing lifestyles and sleep disorders. The replacement of bedding is anticipated to further propel market growth, with social e-commerce platforms playing a crucial role in market development.

Despite the challenges posed by the COVID-19 pandemic, which disrupted supply chains and reduced purchases, China remains the world's largest mattress exporter, holding a significant share of global exports. The market is characterized by intense competition and product homogeneity, with a focus on brand awareness to drive growth. While memory foam mattresses have a low market share due to traditional consumption habits and income levels, urbanization and changing consumer preferences are expected to boost demand for various mattress types, including innerspring and latex. The market is fragmented, with high competition in low-range products and international companies dominating the high-end segment. Recent developments, such as Avocado Green Mattress expanding its wholesale presence and Tempur Sealy's acquisition of Mattress Firm, highlight ongoing market dynamics.

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China Mattress Market Size - Table of Contents

  1. 1. MARKET INSIGHTS AND DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increase in Disposable Income is Driving the Market

    3. 1.3 Market Restraints

      1. 1.3.1 Challenges in Distribution and Logistics

    4. 1.4 Market Opportunities

      1. 1.4.1 Demand for Premium and Customized Mattresses

    5. 1.5 Value Chain/Supply Chain Analysis

    6. 1.6 Porter's Five Forces Analysis

      1. 1.6.1 Bargaining Power of Suppliers

      2. 1.6.2 Bargaining Power of Buyers/Consumers

      3. 1.6.3 Threat of New Entrants

      4. 1.6.4 Threat of Substitute Products

      5. 1.6.5 Intensity of Competitive Rivalry

    7. 1.7 Insights into Government Regulations in the Market

    8. 1.8 Insights into Technological Disruptions in the Market

    9. 1.9 Insights into Different Sizes of Mattresses

    10. 1.10 Insights into Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Type

      1. 2.1.1 Innerspring Mattresses

      2. 2.1.2 Memory Foam Mattresses

      3. 2.1.3 Latex Mattresses

      4. 2.1.4 Other Types (Gel and Hybrid)

    2. 2.2 By End User

      1. 2.2.1 Residential

      2. 2.2.2 Commercial

    3. 2.3 By Distribution Channel

      1. 2.3.1 Offline

      2. 2.3.2 Online

China Mattress Market Size FAQs

The China Mattress Market size is expected to reach USD 15.21 billion in 2024 and grow at a CAGR of 9.40% to reach USD 23.84 billion by 2029.

In 2024, the China Mattress Market size is expected to reach USD 15.21 billion.

China Mattress Market Report Snapshots

Chinese Mattress Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)