Global Mattress Market- Market Overview:

The global mattress market is expected to grow from USD 35.2 billion in 2022 to USD 58.2 billion by 2030, at a CAGR of 6.5% during the Projection period 2023-2030. The growth of the mattress market is mainly driven by rising consumer demand.

A mattress is a quilted fabric case packed with durable materials that place on top of a bed frame. It is composed of a variety of fillers, including feathers, cotton fibers, and foam rubber, as well as an arrangement of coiled springs to provide support and bounce, to keep the structure in place. It is frequently combined with memory foam to soften and adjust to the body's contour, providing support, pressure relief, and motion isolation. A mattress can also be made with gel technology, which is used to treat orthopedic issues and maintain the spine upright. It helps to improve metabolism and lowers the risk of obesity and related disorders by preventing disruption of the circadian cycle. Furthermore,  It reduces the occurrence of irritability, headaches, and stress by allowing uninterrupted sleep while easing physical discomfort and improving posture. In addition, the demand for mattresses is increasing globally as it is necessary for restful sleep. At the moment, one of the key factors influencing the market favorably is the rising demand for mattresses in the residential sector as a result of increased purchases of various home furnishing products. Aside from that, the increasing construction of premium residential complexes with big apartments and other amenities for individuals is providing a positive market outlook. Furthermore, the growing number of hotels, inns, guest homes, and motels in various travel areas to accommodate tourists and guests is fueling market expansion.

Sample Request: - Global Mattress Market

Market Dynamics:

Drivers:                          

• Increase Usage of Mattress

The need for home improvement and interior design is a major driving force in the mattress market. People are remodeling their homes to make them healthier and more practical. People prefer changing their mattresses as the market players release new types of mattresses. People will make adjustments to their living areas to increase the utility and productivity of these spaces during the pandemic year of 2020 and its subsequent years of 2021 and 2022. Home remodeling and renovations, for example, increased by 58 percent for interior design firms in 2020 as people sought to add value to their residential spaces. As living spaces transition to new home concepts, market growth will accelerate in the future.

Restraints:                                             

• Lack of Raw Materials

Raw materials for the manufacturing of mattresses are difficult to find. While large-scale producers can easily obtain resources, small-scale producers struggle to obtain high-quality raw materials for mattress production. As a result, equal prospects for expansion in the global market are hampered.

Opportunities:

• Health Benefits

People are finally seeing the relationship between enough sleep and good health. More and more people are interested in adopting healthy lifestyles for greater health. People are replacing their mattresses since updating their mattresses can result in various health benefits. People's willingness to make tiny changes in their living spaces for greater health presents an opportunity for the mattress sector.

Challenges:

• Availability of Homemade Mattresses

The prevalence of homemade mattresses is one of the key issues that factory-made mattresses face. Many poor and working-class families continue to choose homemade mattresses. This slows the growth of the mattress market revenue. Despite rising living standards, many people still do not purchase commercial factory-made mattresses. Apart from being inexpensive, homemade mattresses are also incredibly pleasant, and many people choose not to use commercial mattresses. As a result, the mattress market will face challenges in this area.

Segmentation Analysis:

The global mattress market has been segmented based on type, size, application, and region.

By Type

The type segment is hybrid, foam, innerspring, and others. The foam segment led the largest share of the mattress market with a market share of around 39.7% in 2022. The segment is expected to increase at the fastest rate, maintaining its lead throughout the Projection period. Because of its benefits, including pressure point alleviation, optimal spine alignment, and resistance to dust mites and allergies, foam mattresses are expected to increase steadily during the Projection period. Foam mattresses are compatible with a wide range of adjustable beds, making them a popular choice among consumers.

By Size

The size segment is king, queen, double and single. The queen segment led the largest share of the mattress market with a market share of around 40.3% in 2022. The adoption of queen mattresses has increased the popularity of queen-size beds. A queen mattress fits comfortably in the majority of bedrooms, and because of its popularity, this size is available with a wide range of accessories and linens.

By Application

The application segment is domestic and commercial. The domestic segment led the largest share of the mattress market with a market share of around 61.2% in 2022. Mattresses are being replaced more frequently as a result of greater internet sales and rapid innovation. Urbanization is a major factor driving the demand for home sleeping mattresses. Consumers are choosing superior interior designs for their homes and adding more rooms as their disposable income rises, this increasing demand for residential sleeping mattresses.

Global Mattress Market - Sales Analysis.

The sale of the mattress market expanded at a CAGR of 5.1% from 2016 to 2022.

Foam is the fastest-growing product class due to its compatibility with a wide range of adjustable beds, making it a popular choice among consumers. Mattresses are being replaced more frequently by consumers as a result of greater internet sales and quick innovation, according to end users.

Domestic sleeping mattress demand is being driven up by increased urbanization. As disposable income improves, consumers are choosing better interior designs for their homes and adding more rooms, increasing demand for residential sleeping beds. Buyers are encouraged to purchase or borrow economical sleeping arrangements when the cost of urban real estate rises.

Thus, owing to the aforementioned factors, the global mattress market is expected to grow at a CAGR of 6.5% during the Projection period from 2023 to 2030.

By Regional Analysis:

The regions analyzed for the mattress market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America region dominated the mattress market and held a 38.1% share of the market revenue in 2022.

• The North America region witnessed a major share. Consumers' home remodeling initiatives in the region are increasing demand for high-end mattresses. According to the 2019 budget, the Canada Mortgage and Housing Corporation will spend USD 943 million from 2019 to 2022 to support first-time home buyers. This program aided the growth of the mattress industry by aiding the growth of the residential construction sector.
• Asia-Pacific is anticipated to experience significant growth during the Projection period. In the healthcare industry, mattresses are in high demand, notably in nursing homes, clinics, and hospitals. The leading Asia Pacific mattress manufacturers have launched multipurpose hospital beds with height adjustment and electrical connectivity.

Global Mattress Market- Country Analysis:

• Germany

Germany's mattress market size was valued at USD 2.5 billion in 2022 and is expected to reach USD 4.16 billion by 2030, at a CAGR of 6.6% from 2023 to 2030. The region's mattress market is expected to develop significantly as disposable income rises and the number of homes increases. There is also an increase in demand for real estate, which stimulates the sale of household goods such as mattresses, pillowcases, and other items.

• China

China’s mattress market size was valued at USD 2.73 billion in 2022 and is expected to reach USD 4.6 billion by 2030, at a CAGR of 6.9% from 2023 to 2030. Substantial growth in the home textile business in nations such as China has resulted in an abundance of bedding textiles on the market. As a result, product use in the residential and commercial sectors has increased.

• India

India's mattress market size was valued at USD 2.1 billion in 2022 and is expected to reach USD 3.5 billion by 2030, at a CAGR of 6.8% from 2023 to 2030.  Mattress sales in the region will rise as people become more health-conscious and recognize the value of good sleep. Furthermore, instead of typical mattresses, individuals will purchase innovatively constructed mattresses that provide various benefits and are long-lasting.

Key Industry Players Analysis:

To increase their market position in the global mattress market business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.       

• Tempur Sealy International, Inc.
• Casper Sleep Inc.
• Serta Simmons Bedding LLC
• Sleep Number Corp.
• Spring Air International
• Southerland Sleep
• Kingsdown, Inc.
• Boll & Branch

Latest Development:

• In April 2021, Serta Simmons Bedding, LLC, one of North America's largest sleep companies, announced organizational improvements as part of its transformation and growth strategy, including changes to its leadership team.
• In October 2022, Tempur Sealy International, Inc. (NYSE: TPX, "Company" or "Tempur Sealy"), the firm synonymous with mattress innovation, announced the release of Sealy® FlexGridTM, a new mattress series featuring a proprietary and unique hyper-elastic polymer pressure-relieving layer.

Report Metrics

Report Attribute	Details
Study Period	2022-2030
Base year	2022
CAGR (%)	6.5%
Market Size	35.2 billion in 2022
Projection period	2023-2030
Projection unit	Value (USD)
Segments covered	By Type, By Size, By Application, and By Region.
Report Scope	Revenue Projection, competitive landscape, company ranking, growth factors, and trends
Companies covered	Tempur Sealy International, Inc., Casper Sleep Inc., Serta Simmons Bedding LLC, Sleep Number Corp., Spring Air International, Southerland Sleep, Kingsdown, Inc., and Boll & Branch.
By Type	Hybrid Foam Innerspring Others
By Size	King Queen Double  Single
By Application	Domestic Commercial
Regional scope	North America Europe Asia-Pacific South America Middle East and Africa

Scope of the Report

Global Mattress Market By Type:

• Hybrid
• Foam
• Innerspring
• Others

Global Mattress Market By Size:

• King
• Queen
• Double
• Single

Global Mattress Market By Application:

• Domestic
• Commercial

Global Mattress Market By Region:

• North America
  • USA
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
• Asia-Pacific
  • Japan
  • China
  • India
  • Korea
  • Southeast Asia
• South America
  • Brazil
  • Peru
• Middle East and Africa
  • UAE
  • South Africa
  • Saudi Arabia

Political Factors- Political forces have had a significant impact in the improvement of the Mattress sector in terms of human resource advancement, technological advancement, and the establishment of institutes for pushing innovation. In addition to these considerations, the government created a 5-year strategy for the progress of submicron technology in 1990, which included the expansion of labs for submicron advancement as well as the roles mentioned above. The government has been working tirelessly to make the Mattress market in line with global needs, and the gap in design and growth has been filled by the introduction of Mattress with the purpose of bringing about a technological change via this new initiative.

Economical Factors- Economic downturns are a big issue in the sector since they can cause lower manufacturing. Increases in performance levels can lead to increased manufacturing, which leads to an economic crisis owing to excess supply, and reduced demand can lead to the closure of businesses due to lower earnings. From 1991 to 2007, the Mattress market saw three economic downturns, indicating that there is a strong possibility for economic downturn due to excess szupply and decreasing company revenues.

Social Factor- The global government has focused on human funding advancement in the market through trainings aimed at improving awareness of sources in the sector. Social efforts to improve the image and quality of the IC sector may be observed in the fact that it is the only industry with professionally designed labour departments all over the world. Economic misery in numerous emerging and developed economies is tearing at these countries' social fabric. Sri Lanka is a prime illustration of how economic mismanagement and external factors lead not just to default, but also to economic hardship and protests. This, like the Arab Spring, can be duplicated in a variety of other emerging and developed economies due to growing living costs, higher gasoline prices, food shortages, housing shortages, and rationing.

Technological Factors- There are still some technical issues in the Mattress market, notably because Mattress suppliers in globally lack current technology and rely on international technical partners. The government's involvement in the industry has been focused on changing the mattress sector to reduce this reliance. This gives them a competitive advantage and boosts the value of the brand. Online payments represent a big advancement, and the matress industry is actively evaluating this technology in order to make it available to customers.

Environmental Factors- A general examination of the environment suggests that globally it is a complementary place for Mattress production, as evidenced by the ease with which capability development in the Mattress industry may be accomplished. Furthermore, the fact that the location has manufacturing capabilities helps this monitoring. As concerns about geopolitics and the environment rise among government agencies and the general public, there will be an increasing desire for government intervention in the shape of more and tougher laws. This will raise the cost of doing business for businesses, particularly those in environmentally sensitive industries such as mining and fossil fuels.

Legal Factors- Mattress's legal environment includes concerns as well as opportunities in the form of intellectual property civil liberties and legal contracts. A company has legal protection to protect its intellectual property (IP), processing, and contemporary technology, which might increase the reliance of others on it. The Mattress sector places a great value on legal contracts, as evidenced by the fact that Micron's interest in Mattress may not materialise due to the former company's legal contract with Nanya and Inotera.

1. Introduction
   • 1. Objectives of the Study
   • 2. Market Definition
   • 3. Research Scope
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
   • 1. Porter’s Five Forces Analysis
   • 2. Value Chain Analysis
   • 3. Top Investment Pockets
     • 3.1. Market Attractiveness Analysis by Type
     • 3.2. Market Attractiveness Analysis by Size
     • 3.3. Market Attractiveness Analysis by Application
     • 3.4. Market Attractiveness Analysis by Region
   • 4. Industry Trends
5. Market Dynamics
   • 1. Market Evaluation
   • 2. Drivers
     • 2.1. Increase Usage of Mattress
   • 3. Restraints
     • 3.1. Lack of Raw Materials
   • 4. Opportunities
     • 4.1. Health Benefits
   • 5. Challenges
     • 5.1. Availability of Homemade Mattresses

6. Global Mattress Market Analysis and Projection, By Type
   • 1. Segment Overview
   • 2. Hybrid
   • 3. Foam
   • 4. Innerspring
   • 5. Others
7. Global Mattress Market Analysis and Projection, By Size
   • 1. Segment Overview
   • 2. King
   • 3. Queen
   • 4. Double
   • 5. Single
8. Global Mattress Market Analysis and Projection, By Application
   • 1. Segment Overview
   • 2. Domestic
   • 3. Commercial
9. Global Mattress Market Analysis and Projection, By Regional Analysis
   • 1. Segment Overview
   • 2. North America
     • 2.1. U.S.
     • 2.2. Canada
     • 2.3. Mexico
   • 3. Europe
     • 3.1. Germany
     • 3.2. France
     • 3.3. U.K.
     • 3.4. Italy
     • 3.5. Spain
   • 4. Asia-Pacific
     • 4.1. Japan
     • 4.2. China
     • 4.3. India
   • 5. South America
     • 5.1. Brazil
   • 6. Middle East and Africa
     • 6.1. UAE
     • 6.2. South Africa

10. Global Mattress Market-Competitive Landscape
    • Overview
    • Market Share of Key Players in the Mattress Market
      • 2.1. Global Company Market Share
      • 2.2. North America Company Market Share
      • 2.3. Europe Company Market Share
      • 2.4. APAC Company Market Share
    • Competitive Situations and Trends
      • 3.1. Technology Launches and Developments
      • 3.2. Partnerships, Collaborations, and Agreements
      • 3.3. Mergers & Acquisitions
      • 3.4. Expansions

11. Company Profiles
    • Tempur Sealy International, Inc.
      • 1.1. Business Overview
      • 1.2. Company Snapshot
      • 1.3. Company Market Share Analysis
      • 1.4. Company Technology Portfolio
      • 1.5. Recent Developments
      • 1.6. SWOT Analysis
    • Casper Sleep Inc.
      • 2.1. Business Overview
      • 2.2. Company Snapshot
      • 2.3. Company Market Share Analysis
      • 2.4. Company Technology Portfolio
      • 2.5. Recent Developments
      • 2.6. SWOT Analysis
    • Serta Simmons Bedding LLC
      • 3.1. Business Overview
      • 3.2. Company Snapshot
      • 3.3. Company Market Share Analysis
      • 3.4. Company Technology Portfolio
      • 3.5. Recent Developments
      • 3.6. SWOT Analysis
    • Sleep Number Corp.
      • 4.1. Business Overview
      • 4.2. Company Snapshot
      • 4.3. Company Market Share Analysis
      • 4.4. Company Technology Portfolio
      • 4.5. Recent Developments
      • 4.6. SWOT Analysis
    • Spring Air International
      • 5.1. Business Overview
      • 5.2. Company Snapshot
      • 5.3. Company Market Share Analysis
      • 5.4. Company Technology Portfolio
      • 5.5. Recent Developments
      • 5.6. SWOT Analysis
    • Southerland Sleep
      • 6.1. Business Overview
      • 6.2. Company Snapshot
      • 6.3. Company Market Share Analysis
      • 6.4. Company Technology Portfolio
      • 6.5. Recent Developments
      • 6.6. SWOT Analysis
    • Kingsdown, Inc.
      • 7.1. Business Overview
      • 7.2. Company Snapshot
      • 7.3. Company Market Share Analysis
      • 7.4. Company Technology Portfolio
      • 7.5. Recent Developments
      • 7.6. SWOT Analysis
    • Boll & Branch
      • 8.1. Business Overview
      • 8.2. Company Snapshot
      • 8.3. Company Market Share Analysis
      • 8.4. Company Technology Portfolio
      • 8.5. Recent Developments
      • 8.6. SWOT Analysis

List of Table

1. Global Mattress Market, By Type, 2023–2030 (USD Billion)
2. Global Hybrid, Mattress Market, By Region, 2023–2030 (USD Billion)
3. Global Foam, Mattress Market, By Region, 2023–2030 (USD Billion)
4. Global Innerspring, Mattress Market, By Region, 2023–2030 (USD Billion)
5. Global Others, Mattress Market, By Region, 2023–2030 (USD Billion)
6. Global Mattress Market, By Size, 2023–2030 (USD Billion)
7. Global King, Mattress Market, By Region, 2023–2030 (USD Billion)
8. Global Queen, Mattress Market, By Region, 2023–2030 (USD Billion)
9. Global Double, Mattress Market, By Region, 2023–2030 (USD Billion)
10. Global Single, Mattress Market, By Region, 2023–2030 (USD Billion)
11. Global Mattress Market, By Application, 2023–2030 (USD Billion)
12. Global Domestic, Mattress Market, By Region, 2023–2030 (USD Billion)
13. Global Commercial, Mattress Market, By Region, 2023–2030 (USD Billion)
14. Global Mattress Market, By Region, 2023–2030 (USD Billion)
15. North America Mattress Market, By Type, 2023–2030 (USD Billion)
16. North America Mattress Market, By Size, 2023–2030 (USD Billion)
17. North America Mattress Market, By Application, 2023–2030 (USD Billion)
18. USA Mattress Market, By Type, 2023–2030 (USD Billion)
19. USA Mattress Market, By Size, 2023–2030 (USD Billion)
20. USA Mattress Market, By Application, 2023–2030 (USD Billion)
21. Canada Mattress Market, By Type, 2023–2030 (USD Billion)
22. Canada Mattress Market, By Size, 2023–2030 (USD Billion)
23. Canada Mattress Market, By Application, 2023–2030 (USD Billion)
24. Mexico Mattress Market, By Type, 2023–2030 (USD Billion)
25. Mexico Mattress Market, By Size, 2023–2030 (USD Billion)
26. Mexico Mattress Market, By Application, 2023–2030 (USD Billion)
27. Europe Mattress Market, By Type, 2023–2030 (USD Billion)
28. Europe Mattress Market, By Size, 2023–2030 (USD Billion)
29. Europe Mattress Market, By Application, 2023–2030 (USD Billion)
30. Germany Mattress Market, By Type, 2023–2030 (USD Billion)
31. Germany Mattress Market, By Size, 2023–2030 (USD Billion)
32. Germany Mattress Market, By Application, 2023–2030 (USD Billion)
33. France Mattress Market, By Type, 2023–2030 (USD Billion)
34. France Mattress Market, By Size, 2023–2030 (USD Billion)
35. France Mattress Market, By Application, 2023–2030 (USD Billion)
36. UK Mattress Market, By Type, 2023–2030 (USD Billion)
37. UK Mattress Market, By Size, 2023–2030 (USD Billion)
38. UK Mattress Market, By Application, 2023–2030 (USD Billion)
39. Italy Mattress Market, By Type, 2023–2030 (USD Billion)
40. Italy Mattress Market, By Size, 2023–2030 (USD Billion)
41. Italy Mattress Market, By Application, 2023–2030 (USD Billion)
42. Spain Mattress Market, By Type, 2023–2030 (USD Billion)
43. Spain Mattress Market, By Size, 2023–2030 (USD Billion)
44. Spain Mattress Market, By Application, 2023–2030 (USD Billion)
45. Asia Pacific Mattress Market, By Type, 2023–2030 (USD Billion)
46. Asia Pacific Mattress Market, By Size, 2023–2030 (USD Billion)
47. Asia Pacific Mattress Market, By Application, 2023–2030 (USD Billion)
48. Japan Mattress Market, By Type, 2023–2030 (USD Billion)
49. Japan Mattress Market, By Size, 2023–2030 (USD Billion)
50. Japan Mattress Market, By Application, 2023–2030 (USD Billion)
51. China Mattress Market, By Type, 2023–2030 (USD Billion)
52. China Mattress Market, By Size, 2023–2030 (USD Billion)
53. China Mattress Market, By Application, 2023–2030 (USD Billion)
54. India Mattress Market, By Type, 2023–2030 (USD Billion)
55. India Mattress Market, By Size, 2023–2030 (USD Billion)
56. India Mattress Market, By Application, 2023–2030 (USD Billion)
57. South America Mattress Market, By Type, 2023–2030 (USD Billion)
58. South America Mattress Market, By Size, 2023–2030 (USD Billion)
59. South America Mattress Market, By Application, 2023–2030 (USD Billion)
60. Brazil Mattress Market, By Type, 2023–2030 (USD Billion)
61. Brazil Mattress Market, By Size, 2023–2030 (USD Billion)
62. Brazil Mattress Market, By Application, 2023–2030 (USD Billion)
63. Middle East and Africa Mattress Market, By Type, 2023–2030 (USD Billion)
64. Middle East and Africa Mattress Market, By Size, 2023–2030 (USD Billion)
65. Middle East and Africa Mattress Market, By Application, 2023–2030 (USD Billion)
66. UAE Mattress Market, By Type, 2023–2030 (USD Billion)
67. UAE Mattress Market, By Size, 2023–2030 (USD Billion)
68. UAE Mattress Market, By Application, 2023–2030 (USD Billion)
69. South Africa Mattress Market, By Type, 2023–2030 (USD Billion)
70. South Africa Mattress Market, By Size, 2023–2030 (USD Billion)
71. South Africa Mattress Market, By Application, 2023–2030 (USD Billion)

List of Figures 

1. Global Mattress Market Segmentation
2. Mattress Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Mattress Market Attractiveness Analysis by Type
9. Global Mattress Market Attractiveness Analysis by Size
10. Global Mattress Market Attractiveness Analysis by Application
11. Global Mattress Market Attractiveness Analysis by Region
12. Global Mattress Market: Dynamics
13. Global Mattress Market Share by Type (2023 & 2030)
14. Global Mattress Market Share by Size (2023 & 2030)
15. Global Mattress Market Share by Application (2023 & 2030)
16. Global Mattress Market Share by Regions (2023 & 2030)
17. Global Mattress Market Share by Company (2021)