Global Mattress Market Forecasts 2023-2030 - ResearchAndMarkets.com

The "Global Mattress Market by Type (Alternating Pressure Mattress, Gel, Hybrid Mattress), Size (Full, King, Queen), Business Model, Distribution, End User - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.

The Mattress Market size was estimated at USD 29.37 billion in 2022, USD 31.49 billion in 2023, and is expected to grow at a CAGR of 7.29% to reach USD 51.61 billion by 2030.

A mattress is a sleeping platform with various types and physical properties that significantly affect sleep quality and rest efficiency. The mattress properties have a remarkable effect on sleep behaviors, sleep quality, and a close relationship with sleeping postures. Therefore, a comfortable mattress is essential to providing sound sleep and can improve sleep quality and relieve pain.

The increasing population, residential & construction activities, consumer disposable income & lifestyle are supporting the growth of the mattress market. On the other hand, the mattress market can face many obstacles due to fluctuations in economic conditions. The innovation in mattress materials and design, such as temperature control and natural materials, offers a brighter prospect for product penetration.

Type: Popularity of memory foam mattresses due to their balance of support and comfort

Designed primarily for medical applications, alternating pressure mattresses offer therapeutic benefits to prevent bedsores and enhance circulation for bedridden patients. Utilizing air cells that inflate and deflate, these mattresses are critical in healthcare settings. They are highly preferred in medical facilities and for home care for patients with long-term immobility.

Gel mattresses utilize a gel-infused foam that aids in heat dissipation, offering a cooler sleeping surface. Hybrid mattresses combine the support of traditional innerspring coils with layers of foam to provide a balanced sleep experience. They offer an optimal blend of support, comfort, and breathability. Innerspring mattresses, known for their traditional coil support system, offer a bouncy, supportive feel. They are one of the oldest types of mattresses but remain popular due to their durability and airflow.

Latex mattresses offer a responsive, eco-friendly option made from natural or synthetic rubber. They provide a unique blend of support and pressure relief, along with hypoallergenic properties. Memory foam mattresses are celebrated for their pressure-relieving contours. The viscoelastic foam responds to body heat and weight, offering an unrivaled personal fit.

End User: Emphasis on mattresses that prioritize brand and luxury in the commercial segment

The commercial sector encompasses hotels, motels, and resorts that prioritize comfort, durability, and brand reputation in their mattress selections. Customers within this segment seek products that promise a luxurious sleep experience, contributing to high customer satisfaction and repeat business.

Hospital mattresses are distinctively designed to meet healthcare requirements, focusing on patient comfort, hygiene, and the promotion of healing. These mattresses are often specialized to prevent pressure sores and support easy cleaning and disinfection. The residential segment encompasses individuals and families seeking mattresses for personal use. This segment prioritizes comfort, price, and specific needs such as back support and hypoallergenic materials.

Regional Insights

America showcases the advanced landscape for the mattresses market attributed to the growth in the residential and commercial construction industry and increased demand for luxury and innovative home furnishing products. In recent years, the U.S. has recorded an increased number of residential construction, which is favoring the adoption of mattresses for residential use.

The Asia-Pacific region witnessed an increasing population and disposable income leading to higher penetration of mattresses. The growing European hospitality industry, consumer expenditure on household products, and manufacturers' focus on improving mattress materials are offering growth potential in the region for the mattress market.

Recent Developments

Scott Brothers and Restonic Extend Partnership

Scott Brothers Global and Restonic recently announced an extension of their strategic partnership, extending a successful union between the two companies. This five-year partnership provides customers with increased access to some of the highest quality and most innovative mattresses on the market and access to products combined with outstanding reliability, customer service, and warranty coverage that each company is known for. With several mattress options, such as models featuring locally sourced materials and unique foam constructions that help promote energy efficiency, this partnership continues to deliver a great selection at competitive prices.

SweetNight Launches "Starry Night" Hybrid Mattress for Amazon, Offering High-Quality and Affordable Sleep Experience for Astral Travelers

SweetNight's exclusive Starry Night Hybrid Mattress is here to make your wildest astral travel dreams come true! This mattress combines the best of three individual sleep technologies into one revolutionary solution to enjoy unparalleled comfort and deep, undisturbed sleep. Indulge in its signature Smart Layer Memory Foam which contours to your body for better pressure relief, add on the quilted padding for superior breathability, and sink into the individually wrapped encased coils for superior motion isolation - all at an affordable price. [Published On: 2023-03-17]

Serta Simmons Bedding Accelerates Supply Chain Digital Transformation

Serta Simmons Bedding, one of the world's leading mattress manufacturers and retailers, is revolutionizing its supply chain with a digital transformation. By leveraging the power of tech-enabled tracking systems, they can better understand their operations, optimize delivery times, and increase cost savings.

This new approach allows them to gain real-time visibility into their entire inventory chain and proactive insights on elements hindering operational performance. With greater accuracy in understanding how their mattresses move from production to point-of-sale, Serta Simmons Bedding can ensure better customer satisfaction with faster deliveries worldwide. Their innovative supply chain methods consolidate data across multiple platforms creating a more efficient workflow for their global partner networks. [Published On: 2023-03-16]

Key Attributes:

Market Dynamics

Drivers

• Increasing disposable income and changing lifestyle in developing economies
• Rising urbanization coupled with consumer preference for quality mattresses
• Increased availability of mattresses through offline and online channels

Restraints

• Limited affordability of premium mattresses among consumers

Opportunities

• Development of orthopedic and ergonomically designed products
• Emerging use of natural base materials for natural feel

Challenges

• Comfort and health issues associated with mattress
• Market Segmentation Analysis

Market Trend Analysis

• Increasing demand of luxury home furnishing products in the United States and Canada
• Focus on export-led growth and rise of organized mattress manufacturing sector in Asia-Pacific
• Encouraging government certifications for greener mattresses with ongoing advancements in mattress manufacturing technologies

Business Analysis

• Cumulative Impact of COVID-19
• Cumulative Impact of Russia-Ukraine Conflict
• Cumulative Impact of High Inflation
• Porter's Five Forces Analysis
• Value Chain & Critical Path Analysis
• Regulatory Framework
• Client Customization

Companies Featured

• Araam Inc.
• Boll & Branch LLC
• Brooklyn Bedding, LLC
• Casper Sleep Inc.
• Coirfit Mattress
• Corsicana Mattress Company
• Emma Sleep GmbH
• Foamite Industries Inc.
• Jinlongheng Furniture Co., Ltd.
• King Koil Mattress Company
• Kingsdown, Inc.
• Leggett & Platt, Incorporated
• MD Mattress
• Paramount Bed Holdings Co., Ltd.
• Raenco Mills Private Limited
• Relyon Beds Ltd.
• Restonic Mattress Corporation
• Saatva, Inc.
• Serta Simmons Bedding, LLC
• Sheela Foam Ltd.
• Silentnight Group Limited
• Sleep Number Corporation
• Sleepwell by AWI Industries, Inc.
• Slumbercorp
• Slumberest Pty Ltd.
• Southerland Sleep
• Springwel Mattresses Pvt. Ltd.
• Tempur Sealy International, Inc.
• The Sleep Company
• Wakefit Innovations Private Limited

Market Segmentation & Coverage

Type

• Alternating Pressure Mattress
• Gel
• Hybrid Mattress
• Innerspring
• Latex Mattresses
• Memory Foam

Size

• Full
• King
• Queen
• Twin

Business Model

• Lease
• Outright Sale

Distribution

• Offline
• Online

End User

• Commercial
• Hospitals
• Acute Care
• Intensive Care
• Long-term Care
• Post-acute Care
• Residential

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