The global mattress market is anticipated to exceed USD 72.11 billion by 2029, with a CAGR of 7.90% from 2024 to 2029, driven by rising disposable incomes and health-conscious cons
The global mattress market is witnessing robust expansion, projected to reach significant valuations over the next few years, largely fueled by evolving consumer lifestyles and preferences. Increasing awareness of the critical role sleep plays in overall health and well-being has prompted consumers to invest more in high-quality sleep solutions. Innovations are at the forefront of this growth, with manufacturers introducing cutting-edge technologies like gel-infused memory foam, latex mattresses, and hybrid designs that combine the best of various materials to enhance comfort and support. Moreover, the rise of e-commerce has transformed distribution channels, allowing consumers greater access to a wider range of products and enabling them to make informed choices through online reviews and comparisons. Consumer demand is also shifting towards sustainability, with many seeking mattresses made from organic materials and produced through environmentally friendly processes. Regulatory policies significantly impact the mattress industry, with various countries enforcing safety and environmental standards. In the United States, for example, the Consumer Product Safety Commission (CPSC) mandates stringent flammability standards, while also monitoring the use of potentially harmful chemicals such as volatile organic compounds (VOCs) in mattress production. Meanwhile, in Europe, the REACH regulation restricts hazardous substances in consumer products, compelling manufacturers to adopt safer, more sustainable materials. These regulations not only enhance consumer safety but also drive innovation as companies strive to comply while minimizing their environmental footprint.
According to the research report "Global Mattress Market Outlook, 2029," published by Bonafide Research, the Global Mattress market was expected to reach a market size of more than USD 72.11 Billion by 2029 with the CAGR of 7.90% from 2024-2029. Factors such as increasing disposable incomes, urbanization, and a growing awareness of the importance of sleep quality are contributing to this upward trajectory. Additionally, the COVID-19 pandemic has accelerated demand for home furnishings, including mattresses, as more individuals prioritize comfort and wellness in their living spaces. Key players in the global mattress market include well-established brands such as Tempur-Pedic, Sealy, Serta Simmons Bedding, Purple Innovation, and IKEA, alongside emerging direct-to-consumer (DTC) companies like Casper and Leesa. These companies are innovating and expanding their product lines to capture a broader market share. For instance, Tempur-Pedic continues to enhance its memory foam technology, while Purple is known for its unique hyper-elastic polymer grid design that promotes airflow and comfort. Furthermore, established brands are increasingly focusing on sustainability, with many introducing eco-friendly materials and manufacturing processes in response to consumer demand for greener options. Trends shaping the market include the rising popularity of hybrid mattresses that combine innerspring and foam technologies to provide enhanced support and comfort. The increasing prevalence of online shopping is also transforming the landscape, with many consumers preferring the convenience and extensive selection offered by e-commerce platforms. Developments within the market are marked by strategic mergers and acquisitions, as companies aim to bolster their product offerings and expand their market presence. For instance, the acquisition of Tuft & Needle by Serta Simmons Bedding exemplifies how established players are looking to innovate and capture new segments of the market. Furthermore, as global awareness of sleep health continues to grow, manufacturers are investing in research and development to create products that not only enhance comfort but also promote better sleep hygiene.
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Innerspring mattresses are among the most traditional and widely used options, consisting of a network of coils that provide support and bounce. Brands like Sealy and Serta are well-known for their innerspring offerings, which appeal to consumers seeking affordability and a familiar feel. Despite facing competition from newer technologies, innerspring mattresses remain popular due to their durability and cooling properties, making them a staple in many households. Latex mattresses, crafted from natural or synthetic latex, are gaining traction due to their eco-friendliness and responsiveness. They offer excellent pressure relief and support while being hypoallergenic, making them suitable for allergy sufferers. Leading brands such as Saatva and Avocado are recognized for their high-quality latex products, appealing to environmentally conscious consumers. The demand for latex mattresses is growing as more people prioritize sustainability and natural materials in their sleep products. Memory foam mattresses have revolutionized the industry with their ability to contour to the body, providing personalized comfort and support. Brands like Tempur-Pedic and Purple are at the forefront, known for their innovative foam technologies that reduce motion transfer and enhance sleep quality. The demand for memory foam mattresses has surged, particularly among consumers seeking solutions for back pain and enhanced sleep experiences, as they are often marketed for their therapeutic benefits. In addition to these popular types, there are other mattresses that have carved out niche markets, including air, water, and hybrid mattresses. Air mattresses, like those offered by Sleep Number, allow users to adjust firmness levels for personalized comfort. Water mattresses provide a unique floating sensation and are often preferred by those with specific back issues. Hybrid mattresses combine innerspring and foam technologies to offer the best of both worlds, appealing to a broad audience. Brands such as Layla and Helix are leading the hybrid mattress segment, responding to consumer demand for versatility and innovative features.
The domestic application refers to residential use, where consumers prioritize comfort, support, and sleep quality for personal spaces like bedrooms. As awareness of sleep health increases, demand for high-quality mattresses, particularly those offering advanced features such as adjustable firmness, cooling technologies, and smart functionalities, is on the rise. Innovations in this sector include eco-friendly materials, like organic cotton and natural latex, catering to environmentally conscious consumers. Brands are also investing in technology to create smart mattresses equipped with sleep tracking capabilities, enabling users to monitor their sleep patterns and make adjustments for optimal rest. Conversely, the commercial application encompasses hotels, hospitals, and other institutions where mattresses are utilized for multiple users. In this sector, demand is driven by the need for durability, hygiene, and comfort, as establishments aim to enhance guest experiences and meet health standards. Innovations in commercial mattresses include antimicrobial treatments, which prevent bacteria and allergens, and modular designs that allow for easy maintenance and replacement. Brands specializing in commercial-grade mattresses, such as Tempur-Pedic and Simmons Hospitality, are developing products tailored to the specific needs of hotels and healthcare facilities, focusing on durability and comfort.
The online distribution channel has seen exponential growth in recent years, driven by the convenience of e-commerce platforms and the ability to compare products easily. Consumers appreciate the extensive selection, competitive pricing, and user-friendly reviews available online. Brands like Casper, Purple, and Saatva have capitalized on this trend by establishing strong online presences, offering direct-to-consumer sales models that allow for personalized marketing and improved customer engagement. The demand for online purchases has surged, especially during the COVID-19 pandemic, as consumers sought safe and convenient shopping options from the comfort of their homes. Additionally, innovations in online shopping, such as augmented reality tools that allow customers to visualize mattresses in their spaces and flexible return policies, have further boosted consumer confidence in online purchases. On the other hand, the offline distribution channel remains essential, particularly for consumers who prefer to physically test mattresses before making a purchase. Brick-and-mortar retailers, including specialized mattress stores and large home goods retailers like IKEA and Ashley HomeStore, provide an opportunity for hands-on experience, enabling customers to assess comfort levels and support options in person. The offline market continues to demand knowledgeable sales staff who can guide consumers through the selection process, enhancing the shopping experience. Despite the rise of online shopping, many consumers still value the immediacy of purchasing a mattress in-store and taking it home the same day, especially for larger purchases.
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Manmayi Raval
Research Consultant
In 2019, the global hotel industry was worth USD 570 Billion. This incline in the hotel industry has a great influence on the mattress market. Commercial grade mattresses are designed for the extra abuse that hotels and resorts get. They have higher coil counts and reinforcements that are only found in commercial grade designs. In addition, the various government policies related to real estate and growing disposable income have led to a surge in the home ownership rate, thereby supporting the growth of the market.
CONSIDERED IN THE REPORT
• Geography: Global
• Base year: 2023
• Historical year: 2018
• Forecasted year: 2029
REGIONS COVERED:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
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ASPECTS COVERED IN THE REPORT
• Market Size By Value for the historic period (2016-2021)
• Market Size By Value for the forecast period (2022-2027)
• Market Size By Value for Innerspring Mattress (2016-2027)
• Market Size By Value for Latex Mattress (2016-2027)
• Market Size By Value for Memory Foam Mattress (2016-2027)
• Market Size By Value for Other types of Mattress (2016-2027)
• Market Share by Application (2016, 2021 & 2027F)
• Market Share by Mattress Type (2016, 2021 & 2027F)
• Market Share by Mattress Size (2016, 2021 & 2027F)
• Market Share by Region (2016, 2021 & 2027F)
• Market Share by Country (2016, 2021 & 2027F)
• Market Share by End User (2016, 2021 & 2027F)
• Market Share by Sales Channel (2016, 2021 & 2027F)
• Market Share by Company (2021)
RESEARCH APPROACH
While doing the research, we combine the expertise of our analysts and the capabilities of artificial intelligence. We take into consideration the inputs by the industry experts and leaders gathered through our primary research. We do go through the available secondary data, to understand the business analysts, discover deep insights and ideas from the marketing data. Then to finalize the market, we start collecting financials of each player present in the market including limited, private limited, and LLPs. Moreover, we perform cross-industry, cross-region analysis of the product, and based on collected primary inputs and using statistical modeling we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but giving more weight age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, and PEST analysis, etc. Once the data expert verifies the data, the team together crosscheck the segmentations, validates the market.
COVID-19 IMPACT
We are in a continuous process of evaluating the impact of the Covid-19 outbreak on the world mattress sector. The first results are already taken into account in this report.
INTENDED AUDIENCE
This report can be useful to industry consultants, manufacturers, suppliers, associations, & organizations related to the industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Companies Mentioned
Coirfoam (India) Private Limited
Duroflex Private Limited
Kurlon Enterprise Limited
Peps Industries Private Limited
Sheela Foam Limited
Casper Sleep INC
Corsicana Bedding
Innocor Inc.
Kingsdown Inc.
Leggett and Platt,Inc.
Serta Simmon Bedding
Silent Night Group Ltd
Sleep Number Corp
Spring Air International LLC
Tempur Sealy International
Sleemon Xilinmen Furniture Co Ltd
Dunlopillo GmbH
Novosbed Inc
Simba Sleep Limited
Sleepeezee
Table of Contents
1. Executive Summary
2. Market Dynamics
2.1. Market Drivers & Opportunities
2.2. Market Restraints & Challenges
2.3. Market Trends
2.3.1. XXXX
2.3.2. XXXX
2.3.3. XXXX
2.3.4. XXXX
2.3.5. XXXX
2.4. Covid-19 Effect
2.5. Supply chain Analysis
2.6. Policy & Regulatory Framework
2.7. Industry Experts Views
3. Research Methodology
3.1. Secondary Research
3.2. Primary Data Collection
3.3. Market Formation & Validation
3.4. Report Writing, Quality Check & Delivery
4. Market Structure
4.1. Market Considerate
4.2. Assumptions
4.3. Limitations
4.4. Abbreviations
4.5. Sources
4.6. Definitions
5. Economic /Demographic Snapshot
6. Global Mattress Market Outlook
6.1. Market Size By Value
6.2. Market Share By Region
6.3. Market Size and Forecast, By Mattress Type
6.4. Market Size and Forecast, By Application
6.5. Market Size and Forecast, By Sales Channel
6.6. Market Size and Forecast, By Bed Size
7. North America Mattress Market Outlook
7.1. Market Size By Value
7.2. Market Share By Country
7.3. Market Size and Forecast, By Mattress Type
7.4. Market Size and Forecast, By Application
7.5. Market Size and Forecast, By Sales Channel
7.6. Market Size and Forecast, By Bed Size
8. Europe Mattress Market Outlook
8.1. Market Size By Value
8.2. Market Share By Country
8.3. Market Size and Forecast, By Mattress Type
8.4. Market Size and Forecast, By Application
8.5. Market Size and Forecast, By Sales Channel
8.6. Market Size and Forecast, By Bed Size
9. Asia-Pacific Mattress Market Outlook
9.1. Market Size By Value
9.2. Market Share By Country
9.3. Market Size and Forecast, By Mattress Type
9.4. Market Size and Forecast, By Application
9.5. Market Size and Forecast, By Sales Channel
9.6. Market Size and Forecast, By Bed Size
10. South America Mattress Market Outlook
10.1. Market Size By Value
10.2. Market Share By Country
10.3. Market Size and Forecast, By Mattress Type
10.4. Market Size and Forecast, By Application
10.5. Market Size and Forecast, By Sales Channel
10.6. Market Size and Forecast, By Bed Size
11. Middle East & Africa Mattress Market Outlook
11.1. Market Size By Value
11.2. Market Share By Country
11.3. Market Size and Forecast, By Mattress Type
11.4. Market Size and Forecast, By Application
11.5. Market Size and Forecast, By Sales Channel
11.6. Market Size and Forecast, By Bed Size
12. Competitive Landscape
12.1. Competitive Dashboard
12.2. Business Strategies Adopted by Key Players
12.3. Key Players Market Positioning Matrix
12.4. Porter's Five Forces
12.5. Company Profile
12.5.1. Coirfoam (India) Private Limited
12.5.1.1. Company Snapshot
12.5.1.2. Company Overview
12.5.1.3. Financial Highlights
12.5.1.4. Geographic Insights
12.5.1.5. Business Segment & Performance
12.5.1.6. Product Portfolio
12.5.1.7. Key Executives
12.5.1.8. Strategic Moves & Developments
12.5.2. Duroflex Private Limited
12.5.3. Kurlon Enterprise Limited
12.5.4. Peps Industries Private Limited
12.5.5. Sheela Foam Limited
12.5.6. Casper Sleep INC
12.5.7. Corsicana Bedding
12.5.8. Innocor Inc.
12.5.9. Kingsdown Inc.
12.5.10. Leggett and Platt,Inc.
12.5.11. Serta Simmon Bedding
12.5.12. Silent Night Group Ltd
12.5.13. Sleep Number Corp
12.5.14. Spring Air International LLC
12.5.15. Tempur Sealy International
12.5.16. Sleemon Xilinmen Furniture Co Ltd
12.5.17. Dunlopillo GmbH
12.5.18. Novosbed Inc
12.5.19. Simba Sleep Limited
12.5.20. Sleepeezee
13. Strategic Recommendations
14. Annexure
14.1. FAQ`s
14.2. Notes
14.3. Related Reports
15. Disclaimer
Table 1: Global Mattress Market Snapshot, By Segmentation (2023 & 2029) (in USD Billion)
Table 2: Influencing Factors for Mattress Market, 2023
Table 3: Top 10 Counties Economic Snapshot 2022
Table 4: Economic Snapshot of Other Prominent Countries 2022
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: Global Mattress Market Size and Forecast, By Mattress Type (2018 to 2029F) (In USD Billion)
Table 7: Global Mattress Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 8: Global Mattress Market Size and Forecast, By Sales Channel (2018 to 2029F) (In USD Billion)
Table 9: Global Mattress Market Size and Forecast, By Bed Size (2018 to 2029F) (In USD Billion)
Table 10: North America Mattress Market Size and Forecast, By Mattress Type (2018 to 2029F) (In USD Billion)
Table 11: North America Mattress Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 12: North America Mattress Market Size and Forecast, By Sales Channel (2018 to 2029F) (In USD Billion)
Table 13: North America Mattress Market Size and Forecast, By Bed Size (2018 to 2029F) (In USD Billion)
Table 14: Europe Mattress Market Size and Forecast, By Mattress Type (2018 to 2029F) (In USD Billion)
Table 15: Europe Mattress Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 16: Europe Mattress Market Size and Forecast, By Sales Channel (2018 to 2029F) (In USD Billion)
Table 17: Europe Mattress Market Size and Forecast, By Bed Size (2018 to 2029F) (In USD Billion)
Table 18: Asia-Pacific Mattress Market Size and Forecast, By Mattress Type (2018 to 2029F) (In USD Billion)
Table 19: Asia-Pacific Mattress Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 20: Asia-Pacific Mattress Market Size and Forecast, By Sales Channel (2018 to 2029F) (In USD Billion)
Table 21: Asia-Pacific Mattress Market Size and Forecast, By Bed Size (2018 to 2029F) (In USD Billion)
Table 22: South America Mattress Market Size and Forecast, By Mattress Type (2018 to 2029F) (In USD Billion)
Table 23: South America Mattress Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 24: South America Mattress Market Size and Forecast, By Sales Channel (2018 to 2029F) (In USD Billion)
Table 25: South America Mattress Market Size and Forecast, By Bed Size (2018 to 2029F) (In USD Billion)
Table 26: Middle East & Africa Mattress Market Size and Forecast, By Mattress Type (2018 to 2029F) (In USD Billion)
Table 27: Middle East & Africa Mattress Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 28: Middle East & Africa Mattress Market Size and Forecast, By Sales Channel (2018 to 2029F) (In USD Billion)
Table 29: Middle East & Africa Mattress Market Size and Forecast, By Bed Size (2018 to 2029F) (In USD Billion)
Figure 1: Global Mattress Market Size (USD Billion) By Region, 2023 & 2029
Figure 2: Market attractiveness Index, By Region 2029
Figure 3: Market attractiveness Index, By Segment 2029
Figure 4: Global Mattress Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 5: Global Mattress Market Share By Region (2023)
Figure 6: North America Mattress Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 7: North America Mattress Market Share By Country (2023)
Figure 8: Europe Mattress Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 9: Europe Mattress Market Share By Country (2023)
Figure 10: Asia-Pacific Mattress Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 11: Asia-Pacific Mattress Market Share By Country (2023)
Figure 12: South America Mattress Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 13: South America Mattress Market Share By Country (2023)
Figure 14: Middle East & Africa Mattress Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 15: Middle East & Africa Mattress Market Share By Country (2023)
Figure 16: Competitive Dashboard of top 5 players, 2023
Figure 17: Porter's Five Forces of Global Mattress Market
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