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Mattress Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

February 2023 | 144 pages | ID: M4D517103670EN
IMARC Group

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The global mattress market size reached US$ 36.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 52.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.02% during 2023-2028. The increasing number of hotels, inns, guest houses, and motels in various travel destinations to accommodate tourists and guests; rising purchase of home furnishing products; and the growing construction of luxurious residential complexes represent some of the key factors driving the market.

A mattress refers to a quilted fabric case filled with resilient materials that are used on the bed frame. It comprises a wide variety of materials used as fillers, such as cotton fibers, feathers, and foam rubber, along with an arrangement of coiled springs to provide support and bounce and maintain the structure. It is often integrated with memory foam to soften and conform to the shape of the body and provide pressure relief, support, and motion isolation. A mattress is also manufactured with gel technology that is used for curing orthopedic conditions and keeping the spine aligned. It prevents the disruption of the circadian cycle, which assists in improving the metabolism rate and decreasing the risk of obesity and related diseases. It helps minimize the occurrence of irritation, headaches, and stress by facilitating uninterrupted sleep while relieving body pain and providing a better posture. Furthermore, as it is essential for comfortably sleeping, the demand for the mattress is rising around the world.

Mattress Market Trends:
At present, the increasing demand for mattresses in the residential sector due to the rising purchase of various home furnishing products represents one of the primary factors influencing the market positively. Besides this, the growing construction of luxurious residential complexes offering spacious apartments and other amenities to individuals is offering a favorable market outlook. Additionally, the increasing number of hotels, inns, guest houses, and motels in various travel destinations to accommodate tourists and guests is contributing to the growth of the market. Apart from this, there is an increase in the occurrence of various bone and posture-related complications, such as arthritis, osteoporosis, osteopenia, and osteomyelitis, among the masses. This, along with the rising geriatric population worldwide, is propelling the growth of the market. In addition, the increasing number of e-commerce businesses and online distribution channels enabling customers to purchase mattresses from their homes are supporting the market growth. Moreover, the increasing awareness about the benefits of maintaining a proper sleep cycle is strengthening the market growth. Furthermore, key market players are manufacturing hybrid mattresses with comfort foam, memory foam, transition layers with zoned support, and pocketed coils, which provide better spine support and comfort.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global mattress market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, size, application and distribution channel.

Product Insights:

Innerspring Mattresses
Memory Foam Mattresses
Latex Mattresses
Others

The report has provided a detailed breakup and analysis of the mattress market based on the product. This includes innerspring mattresses, memory foam mattresses, latex mattresses, and others. According to the report, innerspring mattresses represented the largest segment.

Distribution Channel Insights:
Online Distribution

Offline Distribution

A detailed breakup and analysis of the mattress market based on the distribution channel has also been provided in the report. This includes online distribution and offline distribution. According to the report, offline distribution accounted for the largest market share.

Size Insights:
Twin or Single Size
Twin XL Size
Full or Double Size
Queen Size
King Size Mattress
Others

A detailed breakup and analysis of the mattress market based on the size has also been provided in the report. This includes twin or single size, twin XL size, full or double size, queen size, king size mattress, and others. According to the report, king size mattress accounted for the largest market share.

Application Insights:

Domestic
Commercial

A detailed breakup and analysis of the mattress market based on the application has also been provided in the report. This includes domestic and commercial. According to the report, domestic accounted for the largest market share.

Regional Insights:

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for mattress. Some of the factors driving the Asia Pacific mattress market included its increasing demand for home furnishings, rising health- consciousness among the masses, increasing number of e-commerce brands, etc.

Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global mattress market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Kingsdown Inc., Kurlon Enterprise Ltd., Leggett & Platt Incorporated, Paramount Bed Co. Ltd., Tempur Sealy International, Serta Inc., Simmons Bedding Company LLC, Sleep Number Corporation, Southerland Inc., Spring Air International, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. What was the size of the global mattress market in 2022?
2. What is the expected growth rate of the global mattress market during 2023-2028?
3. What are the key factors driving the global mattress market?
4. What has been the impact of COVID-19 on the global mattress market?
5. What is the breakup of the global mattress market based on the product?
6. What is the breakup of the global mattress market based on the size?
7. What is the breakup of the global mattress market based on the application?
8. What is the breakup of the global mattress market based on the distribution channel?
9. What are the key regions in the global mattress market?
10. Who are the key players/companies in the global mattress market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL MATTRESS MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY PRODUCT

6.1 Innerspring Mattresses
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Memory Foam Mattresses
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Latex Mattresses
  6.3.1 Market Trends
  6.3.2 Market Forecast
6.4 Others
  6.4.1 Market Trends
  6.4.2 Market Forecast

7 MARKET BREAKUP BY DISTRIBUTION CHANNEL

7.1 Online Distribution
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Offline Distribution
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY SIZE

8.1 Twin or Single Size
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Twin XL Size
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Full or Double Size
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Queen Size
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 King Size Mattress
  8.5.1 Market Trends
  8.5.2 Market Forecast
8.6 Others
  8.6.1 Market Trends
  8.6.2 Market Forecast

9 MARKET BREAKUP BY APPLICATION

9.1 Domestic
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Commercial
  9.2.1 Market Trends
  9.2.2 Market Forecast

10 MARKET BREAKUP BY REGION

10.1 North America
  10.1.1 United States
    10.1.1.1 Market Trends
    10.1.1.2 Market Forecast
  10.1.2 Canada
    10.1.2.1 Market Trends
    10.1.2.2 Market Forecast
10.2 Asia Pacific
  10.2.1 China
    10.2.1.1 Market Trends
    10.2.1.2 Market Forecast
  10.2.2 Japan
    10.2.2.1 Market Trends
    10.2.2.2 Market Forecast
  10.2.3 India
    10.2.3.1 Market Trends
    10.2.3.2 Market Forecast
  10.2.4 South Korea
    10.2.4.1 Market Trends
    10.2.4.2 Market Forecast
  10.2.5 Australia
    10.2.5.1 Market Trends
    10.2.5.2 Market Forecast
  10.2.6 Indonesia
    10.2.6.1 Market Trends
    10.2.6.2 Market Forecast
  10.2.7 Others
    10.2.7.1 Market Trends
    10.2.7.2 Market Forecast
10.3 Europe
  10.3.1 Germany
    10.3.1.1 Market Trends
    10.3.1.2 Market Forecast
  10.3.2 France
    10.3.2.1 Market Trends
    10.3.2.2 Market Forecast
  10.3.3 United Kingdom
    10.3.3.1 Market Trends
    10.3.3.2 Market Forecast
  10.3.4 Italy
    10.3.4.1 Market Trends
    10.3.4.2 Market Forecast
  10.3.5 Spain
    10.3.5.1 Market Trends
    10.3.5.2 Market Forecast
  10.3.6 Russia
    10.3.6.1 Market Trends
    10.3.6.2 Market Forecast
  10.3.7 Others
    10.3.7.1 Market Trends
    10.3.7.2 Market Forecast
10.4 Latin America
  10.4.1 Brazil
    10.4.1.1 Market Trends
    10.4.1.2 Market Forecast
  10.4.2 Mexico
    10.4.2.1 Market Trends
    10.4.2.2 Market Forecast
  10.4.3 Others
    10.4.3.1 Market Trends
    10.4.3.2 Market Forecast
10.5 Middle East and Africa
  10.5.1 Market Trends
  10.5.2 Market Breakup by Country
  10.5.3 Market Forecast

11 SWOT ANALYSIS

11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats

12 VALUE CHAIN ANALYSIS

13 PORTERS FIVE FORCES ANALYSIS

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
  15.3.1 Kingsdown Inc.
    15.3.1.1 Company Overview
    15.3.1.2 Product Portfolio
  15.3.2 Kurlon Enterprise Ltd.
    15.3.2.1 Company Overview
    15.3.2.2 Product Portfolio
  15.3.3 Leggett & Platt Incorporated
    15.3.3.1 Company Overview
    15.3.3.2 Product Portfolio
    15.3.3.3 Financials
    15.3.3.4 SWOT Analysis
  15.3.4 Paramount Bed Co. Ltd.
    15.3.4.1 Company Overview
    15.3.4.2 Product Portfolio
  15.3.5 Tempur Sealy International
    15.3.5.1 Company Overview
    15.3.5.2 Product Portfolio
  15.3.6 Serta Inc.
    15.3.6.1 Company Overview
    15.3.6.2 Product Portfolio
  15.3.7 Simmons Bedding Company LLC
    15.3.7.1 Company Overview
    15.3.7.2 Product Portfolio
  15.3.8 Sleep Number Corporation
    15.3.8.1 Company Overview
    15.3.8.2 Product Portfolio
  15.3.9 Southerland Inc.
    15.3.9.1 Company Overview
    15.3.9.2 Product Portfolio
  15.3.10 Spring Air International
    15.3.10.1 Company Overview
    15.3.10.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Mattress Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Mattress Market Forecast: Breakup by Product (in Million US$), 2023-2028
Table 3: Global: Mattress Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 4: Global: Mattress Market Forecast: Breakup by Size (in Million US$), 2023-2028
Table 5: Global: Mattress Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 6: Global: Mattress Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Mattress Market: Competitive Structure
Table 8: Global: Mattress Market: Key Players

LIST OF FIGURES

Figure 1: Global: Mattress Market: Major Drivers and Challenges
Figure 2: Global: Mattress Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Mattress Market: Breakup by Product (in %), 2022
Figure 4: Global: Mattress Market: Breakup by Distribution Channel (in %), 2022
Figure 5: Global: Mattress Market: Breakup by Size (in %), 2022
Figure 6: Global: Mattress Market: Breakup by Application (in %), 2022
Figure 7: Global: Mattress Market: Breakup by Region (in %), 2022
Figure 8: Global: Mattress Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 9: Global: Mattress (Innerspring Mattresses) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Mattress (Innerspring Mattresses) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Mattress (Memory Foam Mattresses) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Mattress (Memory Foam Mattresses) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Mattress (Latex Mattresses) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Mattress (Latex Mattresses) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Mattress (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Mattress (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Mattress Market: Sales through Online Distribution (in Million US$), 2017 & 2022
Figure 18: Global: Mattress Market Forecast: Sales through Online Distribution (in Million US$), 2023-2028
Figure 19: Global: Mattress Market: Sales through Offline Distribution (in Million US$), 2017 & 2022
Figure 20: Global: Mattress Market Forecast: Sales through Offline Distribution (in Million US$), 2023-2028
Figure 21: Global: Mattress (Twin or Single Size) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Mattress (Twin or Single Size) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Mattress (Twin XL Size) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Mattress (Twin XL Size) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Mattress (Full or Double Size) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Mattress (Full or Double Size) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Mattress (Queen Size) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Mattress (Queen Size) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Mattress (King Size Mattress) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Mattress (King Size Mattress) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Mattress (Other Sizes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Mattress (Other Sizes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Mattress (Domestic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Mattress (Domestic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Mattress (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Mattress (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: North America: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: North America: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: United States: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: United States: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Canada: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Canada: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Asia Pacific: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Asia Pacific: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: China: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: China: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Japan: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Japan: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: India: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: India: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: South Korea: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: South Korea: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Australia: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Australia: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Indonesia: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Indonesia: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Others: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Others: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Europe: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Europe: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Germany: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Germany: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: France: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: France: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: United Kingdom: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: United Kingdom: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Italy: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Italy: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Spain: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Spain: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Russia: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Russia: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Latin America: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Latin America: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Brazil: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Brazil: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Mexico: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Mexico: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Others: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Others: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Middle East and Africa: Mattress Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Middle East and Africa: Mattress Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Global: Mattress Industry: SWOT Analysis
Figure 86: Global: Mattress Industry: Value Chain Analysis
Figure 87: Global: Mattress Industry: Porter’s Five Forces Analysis


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