Mattress Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 7.10 % |
| Fastest Growing Market | Europe |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Mattress Market Analysis
The global mattress market is projected to grow at a CAGR of 7.1% during the forecast period (2019 - 2024).
Today’s mattress system offers consumers with a wide range of features and options that can help to provide a comfortable and restful sleeping experience.
Advanced mattress choices now extend to include models and sleeping systems that offer alternative materials and construction methods, as well as integrated controls that enable consumers to personalize their mattresses to their own unique requirements. Surging personalization trend is expected to drive the market over the forecast period (2019-2024).
Mattress Market Trends
This section covers the major market trends shaping the Mattress Market according to our research experts:
Rapidly Increasing Mattress Sales through Online Retailers
Today, consumers are more comfortable making big purchases over the internet, which is constantly changing the way people think about buying durable consumer products such as mattress. Internet penetration across the globe has recorded an average of 56.8% in March 2019. By selling directly to the consumers, the companies eradicate the middlemen and control costs by avoiding sales commissions and showroom fees. Online mattress retailers have tried to overcome consumer hesitation of ending up buying damaged or undesired product by offering free returns within a window that can be as long as three months, and it’s working to the extent that the online mattress space is growing.
Economic factors in the Country are Supporting the Growth of Mattress in India
Rising household spending, growth in real estate and hospitality sectors and booming population rate are driving the market growth of the mattress market in India. The Indian startup companies are also contributing to the growth of the mattress market, like these, such as Oyo Rooms, Fab Hotels are opening budget hotels, which can be booked online. Thus, increasing the applicability of mattresses in their low cost or affordable hotels. The growth of the country's tourism and hospitality industries has witnessed strong growth in the past couple of years (According to an Article published by Pacific Asia Travel Association). This, in turn, has strongly accelerated the demand for mattresses across the region, resulting emergence of many small scale local players
Mattress Industry Overview
The global mattress market is highly competitive. Major players account for significant shares in the market. With the presence and expansion of these numerous local players, the market is highly competitive, wherein the players are leveraging the potential demand for the mattress, globally.
The most adopted strategies by the key players in the mattress market are geographic expansion and new product launches, followed by a few partnerships.
Mattress Market Leaders
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Paramount Bed Holdings Co. Ltd
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KING KOIL Inc.
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Kingsdown Inc.
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Southerland Bedding Co
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Sealy corporation
*Disclaimer: Major Players sorted in no particular order
Mattress Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Product Type
- 5.1.1 Innerspring Mattresses
- 5.1.2 Memory Foam Mattresses
- 5.1.3 Latex Mattresses
- 5.1.4 Airbed Mattresses
- 5.1.5 Other Product Types
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5.2 By End User
- 5.2.1 Household
- 5.2.2 Commercial
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5.3 By Distribution Channel
- 5.3.1 Offline Retail
- 5.3.2 Online Retail
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5.4 Geography
- 5.4.1 North America
- 5.4.1.1 United States
- 5.4.1.2 Canada
- 5.4.1.3 Mexico
- 5.4.1.4 Rest of North America
- 5.4.2 Europe
- 5.4.2.1 Spain
- 5.4.2.2 United Kingdom
- 5.4.2.3 Germany
- 5.4.2.4 France
- 5.4.2.5 Italy
- 5.4.2.6 Russia
- 5.4.2.7 Rest of Europe
- 5.4.3 Asia Pacific
- 5.4.3.1 China
- 5.4.3.2 Japan
- 5.4.3.3 India
- 5.4.3.4 Australia
- 5.4.3.5 Rest of Asia-Pacific
- 5.4.4 South America
- 5.4.4.1 Brazil
- 5.4.4.2 Colombia
- 5.4.4.3 Rest of South America
- 5.4.5 Middle East and Africa
- 5.4.5.1 South Africa
- 5.4.5.2 United Arab Emirates
- 5.4.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Most Active Companies
- 6.2 Most Adopted Strategies
- 6.3 Market Share Analysis
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6.4 Company Profiles
- 6.4.1 Paramount Bed Holdings Co. Ltd
- 6.4.2 KING KOIL Inc.
- 6.4.3 Kingsdown Inc.
- 6.4.4 Southerland Bedding Co.
- 6.4.5 Sealy Corporation
- 6.4.6 Spring Air Company
- 6.4.7 Select Comfort
- 6.4.8 Simmons Bedding Company LLC
- 6.4.9 Tempur-Pedic International Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityMattress Industry Segmentation
The scope of the market includes innerspring mattresses, memory foam mattresses, latex mattresses, airbed mattresses, other product yypes. By end user market is classified into household and commerical. On the basis of distribution channel market is further segmented into offline retail and online retail.
| By Product Type | Innerspring Mattresses | |
| Memory Foam Mattresses | ||
| Latex Mattresses | ||
| Airbed Mattresses | ||
| Other Product Types | ||
| By End User | Household | |
| Commercial | ||
| By Distribution Channel | Offline Retail | |
| Online Retail | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | Spain |
| United Kingdom | ||
| Germany | ||
| France | ||
| Italy | ||
| Russia | ||
| Rest of Europe | ||
| Geography | Asia Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| Geography | South America | Brazil |
| Colombia | ||
| Rest of South America | ||
| Geography | Middle East and Africa | South Africa |
| United Arab Emirates | ||
| Rest of Middle East and Africa |
Mattress Market Research FAQs
What is the current Mattress Market size?
The Mattress Market is projected to register a CAGR of 7.10% during the forecast period (2024-2029)
Who are the key players in Mattress Market?
Paramount Bed Holdings Co. Ltd, KING KOIL Inc., Kingsdown Inc., Southerland Bedding Co and Sealy corporation are the major companies operating in the Mattress Market.
Which is the fastest growing region in Mattress Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Mattress Market?
In 2024, the Asia Pacific accounts for the largest market share in Mattress Market.
What years does this Mattress Market cover?
The report covers the Mattress Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Mattress Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Mattress Industry Report
Statistics for the 2024 Mattress market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Mattress analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
