From the available evidence, it seems certain that the concept of the mattress originated during prehistoric times. By lying on piles of leaves, straw, and animal skins, early humans were able to sleep more comfortably and more soundly than they could have on hard surfaces. As greater numbers of people left a nomadic, hunting existence for a settled, agrarian lifestyle, primitive furnishings, including the bed, began to develop. With the increasing technological advancements and disposable income, currently, an average consumer replaces a mattress every 8 years. The purchase decision for a good mattress depends on many factors such as price, availability, and the material. This has a huge impact on the type of mattress preferred by buyers. Increased incidences of back problems caused mainly by uncomfortable sleeping surfaces are likely to play a major role in the growth of specialty mattresses such as airbed, waterbed, and foam-based mattresses. It is majorly used by new hospitals, along with renovated old healthcare institutions, that have contributed significantly to the demand for such mattresses to provide comfort to in-patients, out-patients, and caretakers. Willingness to explore newer options is the reason for the growth of the different types of mattresses. Even though the market seems to be opportunistic, the challenges of less spacious houses and a high dominance of the unorganized market in the developing countries hamper the growth.
According to the research report, "Global Mattress Market Outlook, 2029," published by Bonafide Research, the Global Mattress market was valued at more than USD 45.86 Billion in 2023, and expected to reach a market size of more than USD 72.11 Billion by 2029 with the CAGR of 7.90% from 2024-2029. For instance, Serta Inc. launched the iComfort hybrid mattress with TempActiv cooling technology and a new coil support system, which infuses copper into materials such as natural latex. This provides immediate body contact or closeness to the element itself as copper relieves pain, reduces arthritis-related inflammation, helps to cure several other medical problems, and increases the overall energy level. Both the private and government sectors are making substantial investments in the healthcare industry to develop infrastructure and expand healthcare facilities. For instance, according to the Government of India’s flagship program of Pradhan Mantri Jan Aarogya Yojana (AB-PMJAY), all hospitals under the Ayushman Bharat scheme are to be provided with viability gap funding of the total project cost. This will hence, lead to the acquisition of more beds and mattresses for government and semi-government hospitals in the near future to upgrade the basic infrastructure as per the aforesaid scheme. However, massive focus on good sleep for enhancing health of an individual has accounted majorly towards the overall market size in the recent years. In addition to this, humungous popularity of natural & organic mattresses across the globe will propel the business space in the years to come.
In the global mattress market, the Asia Pacific region stands out as the leading contributor, accounting for 38% of the market share in 2024. This dominance is primarily driven by rapid population growth and urbanization in countries like China and India, leading to increased demand for housing and, consequently, bedding products. Rising income levels across the region have also empowered consumers to invest more in home furnishings, including quality mattresses. Additionally, there's a growing awareness about the importance of sleep health, prompting consumers to seek better sleep solutions. The market is further bolstered by the expansion of the hospitality industry, with numerous hotels and guesthouses requiring high-quality mattresses to enhance guest experiences. As urban centers continue to develop and disposable incomes rise, the Asia Pacific region is expected to maintain its leading position in the global mattress market in the foreseeable future. In the global floor cleaning equipment market, North America holds the largest revenue share. This leadership is attributed to several factors, including the presence of key industry players and the availability of vast commercial spaces that necessitate regular and efficient cleaning solutions. The widespread use of floor carpets in residential buildings also contributes to the demand for specialized cleaning equipment.