Market Size of Saudi Arabia Mattress Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 1.17 Billion |
Market Size (2029) | USD 1.77 Billion |
CAGR (2024 - 2029) | 8.45 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Saudi Arabia Mattress Market Analysis
The Saudi Arabia Mattress Market size is estimated at USD 1.17 billion in 2024, and is expected to reach USD 1.77 billion by 2029, growing at a CAGR of 8.45% during the forecast period (2024-2029).
The quarantines and partial industry closures due to the COVID-19 epidemic negatively influenced mattress consumption in Saudi Arabia in 2020. The pandemic also resulted in a scarcity of raw materials and finished goods, which hampered the mattress industry's expansion.
The rising population of Saudi Arabia, as well as the rise in the number of households and nuclear families, are experiencing a surge in homeownership, which will result in higher mattress sales in the Saudi market. The market has seen an increase in demand for orthopedic and therapeutic mattresses due to the rising trend of health-related disorders, particularly those linked to joint aches, back problems, and cervical disorders. The market will be ready to meet future demand thanks to significant investment proposed in key segments such as residential housing and the institutional sector, which includes hospitals, hotels, and college hostels, as well as an increase in consumer spending and the development of the hospitality sector. Aside from that, rising consumer spending combined with increased public awareness of the need for good sleep quality will drive higher mattress demand during the forecast period.
During the early study period, the king-size mattress category dominated the Saudi Arabia mattress market since Saudi Arabians have larger families and an average height of 5 feet, 8 inches. The queen-size and single-mattress sectors combined to acquire the remaining market share. The retail sales channel accounted for most of the sales volume, while the direct sales channel had a small portion of the overall market. Direct sales are mostly aimed at hospitals, hotels, and other significant institutions, whereas home consumers are aimed at retail sales. Increased direct sales to hotels, resorts, and hospitals because of enhanced government initiatives contributed significantly to the rapid growth of mattresses in the market, resulting in the emergence of various mattress manufacturers. The most prevalent type of mattress was found to be a spring mattress, with the pocket spring type being the most popular within the spring category. Foam, latex, and other mattress segments took the remaining market share in Saudi Arabia.
Popular mattress manufacturers mostly operating in Saudi Arabia's urban areas who distribute their products through a structured distribution channel are represented by the organized market. Due to the large presence of both local and international businesses, the organized sector dominated the Saudi Arabian mattress industry. On the other hand, the unorganized sector only had a small share of the country's mattress market during the early study period.
Due to an increase in occurrences of back discomfort, body aches, and sores, orthopaedic health problems in the country are on the rise, particularly among women, leading companies to continue to innovate in the types of mattresses they offer. More people are worried about their health, so they want mattresses that can do more than one thing and have therapeutic features.
Saudi Arabia Mattress Industry Segmentation
A complete background analysis of the Saudi Arabia mattress market, which includes an assessment of emerging trends by segment and significant changes in market dynamics, and a market overview, is covered in the report. The report also features a qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across various key points in the industry's value chain. The Saudi Arabia Mattress Market is segmented by Type (Innerspring Mattress, Memory Foam Mattress, Latex Mattress, and Others), By Application (Residential, and Commercial), and By Distribution Channel (Online, and Offline). For each segment, the market sizing and forecasts have been done on the basis of revenue (USD million).
By Type | |
Inner Spring | |
Memory Foam | |
Latex | |
Other Types |
By Application | |
Residential | |
Commercial |
By Distribution Channel | |
Online | |
Offline |
Saudi Arabia Mattress Market Size Summary
The Saudi Arabia mattress market is poised for significant growth, driven by factors such as increasing homeownership, a rising population, and the trend towards nuclear families. The demand for mattresses, particularly orthopedic and therapeutic types, is on the rise due to health-related concerns like joint aches and back problems. The market is further bolstered by substantial investments in residential housing and the institutional sector, including hospitals, hotels, and college hostels. Consumer spending is increasing, and there is a growing awareness of the importance of quality sleep, which is expected to further fuel mattress demand. The market is characterized by a strong preference for king-size mattresses, with retail sales channels dominating the market, although direct sales to institutions like hotels and hospitals are also significant.
The organized sector, comprising both local and international businesses, dominates the Saudi Arabian mattress industry, with a structured distribution channel ensuring widespread availability. The market is highly concentrated, with major players such as SleepHigh, Sealy, King Koil, Intercoil, and others leading the way. Innovations in mattress technology, such as those introduced by King Koil and Intercoil, are catering to the evolving consumer preferences for multifunctional and therapeutic features. The government's Saudi Vision 2030 initiative, aimed at boosting tourism and increasing homeownership, is expected to further drive mattress demand as more housing and hospitality projects are developed. The market's competitive landscape presents challenges for new entrants due to the established presence of prominent manufacturers.
Saudi Arabia Mattress Market Size - Table of Contents
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1. MARKET INSIGHTS AND DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain Analysis
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1.5 Porter's Five Forces Analysis
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1.5.1 Threat of New Entrants
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1.5.2 Bargaining Power of Buyers
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1.5.3 Bargaining Power of Suppliers
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1.5.4 Threat of Substitutes
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1.5.5 Intensity of Competitive Rivalry
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1.6 Insights into Technological Innovation in the Industry
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1.7 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Inner Spring
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2.1.2 Memory Foam
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2.1.3 Latex
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2.1.4 Other Types
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2.2 By Application
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2.2.1 Residential
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2.2.2 Commercial
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2.3 By Distribution Channel
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2.3.1 Online
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2.3.2 Offline
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Saudi Arabia Mattress Market Size FAQs
How big is the Saudi Arabia Mattress Market?
The Saudi Arabia Mattress Market size is expected to reach USD 1.17 billion in 2024 and grow at a CAGR of 8.45% to reach USD 1.77 billion by 2029.
What is the current Saudi Arabia Mattress Market size?
In 2024, the Saudi Arabia Mattress Market size is expected to reach USD 1.17 billion.