Report Overview

Global Mattress Market- Industry Trends & Forecast Report 2027

The global mattress market was worth USD 31.7 billion in 2020 and is further projected to reach USD 50.2 billion by the year 2027, growing at a CAGR of 6.9% in the forecast period. In recent years, there has been a strong emphasis on having proper sleep to improve one's health, which has contributed significantly to the market’s overall growth. Furthermore, the increasing prevalence of sciatica and low back pain is also driving people to purchase orthopedic mattresses. Also, the increasing disposable income of people worldwide has improved their living standards, which creates a demand for comfort and convenience. Additionally, as home sales rise, so does the demand for mattresses. Thus, there is a growing demand for luxury furnishing around the world, including mattresses, which in turn is driving its market growth.

Source: BlueWeave Consulting

Global Mattress Market- Overview

A mattress is a rectangular pad or fabric case that is typically used to support a person who is laying down. It is usually made of soft yet firm material to support and keep the body straight. Mattresses not only provide support  to the body but also prevents it from slouching that may cause severe back pains. It can function as both a bed and a part of a bed. Mattresses are typically made of heavy cloth and filled with cotton, hair, straw, foam rubber, and often have a framework of metal.

Global Mattress Market Forecast and Trends

Growth Drivers

Development In Healthcare Infrastructure

Modern mattresses provide customers with a variety of features and options that can aid in providing a comfortable and restful sleeping experience. The increasing investment towards the healthcare infrastructure is emerging as one of the major factors driving the growth of the global mattress market. As the government is investing in establishing new hospitals and medical facilities, especially in developing countries, the need for more beds and single and double-sized mattresses is going to rise. Furthermore, the already established hospitals are looking to expand their patient capacities, especially after the COVID-19 pandemic, which is projected to boost the market demand for mattresses during the forecast period.

Launch Of Innovative and Smart Mattresses

With increasing competition in the market, mattress makers around the world are offering innovative and smart mattresses to attract consumers and gain a competitive edge. The market players are also launching smart mattresses with advanced features like sleep tracking, automatic firmness adjustment, climate control, adjustable bed bases, anti-snoring features, etc. Certain market players, such as Avocado Green Mattress, are also launching vegan mattresses that replace the use of animal products, such as wool, with vegan-certified, PETA-approved cotton. Such innovations are anticipated to drive the market growth during the forecast period.

Restraints

Existence Of Unorganized and Local Players

The presence of local players offering low-cost mattresses acts as a major restraining factor for the market’s growth. The local products have very deep penetration especially in emerging economies and low-income countries, such as India, China, Thailand, Malaysia, etc. The low cost of these products significantly attracts customers. Furthermore, the lack of strict government regulations in these countries to control the local product market eventually sabotages the growth of the global mattress market.

Impact of COVID-19 on Global Mattress Market

The growth of the global mattress market was negatively impacted by the sudden outbreak of the COVID-19 pandemic. The lockdown imposed by the countries affected the purchasing power of consumers, as a result of which they started prioritizing essential items of daily use such as ration. This resulted in a sharp decline in the demand for mattresses. Furthermore, due to restrictions in the tourism sector, market demand for mattresses witnessed a sharp decline. However, the healthcare industry is expected to see a sharp increase in the market as the number of hospitals grows and medical facilities invest in expanding their bedding facilities.

Global Mattress Market - By Type

Based on types, the global mattress market is segmented into memory foam mattresses, innerspring mattresses, latex mattresses, and others. The innerspring mattress accounts for the largest market share as these types of mattresses are highly durable with a long lifetime and offer good ventilation. Innerspring mattresses are not only comfortable for sleeping but also budget-friendly since they are usually made of inexpensive material, which makes them highly affordable for price-sensitive markets like India. This is why they are popular among middle and lower-income groups.

Global Mattress Market - By Distribution Channel

Based on distribution channels, the global mattress market is segmented into offline, and online. The offline distribution channel holds the largest market share as the consumers prefer self-inspecting the product, its quality and comfort before making the final purchase. However, the online segment is projected to witness the highest growth rate during the forecast period. The emergence of trusted websites, such as Mattress Firm, Bed Bath & Beyond, Sleep Number, etc., is gaining quite an attention from the consumers, especially from the younger demographics.

Global Mattress Market - Regional Insights

Geographically, the global mattress market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Asia-Pacific has the largest market share due to its large population, which means large numbers of consumers. Furthermore, increasing disposable income of consumers in emerging economies like India, China, Brazil, etc, along with the improving living standards also plays a favorable factor for the market growth. Additionally, the flourishing tourism sector and the construction of hotels are anticipated to fuel the market growth in Asia-Pacific during the forecast period.

Source: BlueWeave Consulting

Competitive Landscape

The leading players in the global mattress market are Simmons Bedding Company LLC, Serta Inc., Sealy Corporation, Tempur-Pedic International, Inc., Kingsdown, Inc., Relyon Limited, Sherwood Bedding Group, LLC, E.S. Kluft & CO., Therapedic, Symbol Mattress of Pennsylvania, Inc., Paramount Bed Holdings Co., Ltd., King Koil, Inc., Corsicana Bedding, LLC, Select Comfort, Southerland Bedding Co., McRoskey Mattress Company, Sleep Number Corporation, American National Manufacturing, Inc., Exxel Outdoors, LLC., and other prominent players.

The market is highly fragmented, with the presence of several industry players. The companies launch a wide range of products of various sizes, designs, and materials offering maximum comfort to cater to consumer needs. Furthermore, the adoption of competitive strategies such as partnerships, mergers & acquisitions, joint ventures, etc., is also prominent in this market.

Recent Developments

• In November 2021, Nest Bedding, a US-based mattress company, announced its one-time, lifetime renewal exchange program for its top-tier mattress models for its US consumers.
• In October 2021, Duroflex, an Indian mattress company, announced to have raised USD 60 million from investment firm Norwest Venture Partners.

Scope of the Report

By Type

• Memory Foam Mattress
• Innerspring Mattress
• Latex Mattresses
• Others

By Size

• Single
• Double
• Queen
• King

By Distribution Channel

• Offline
• Online

By Application

• Commercial

1. Hotels
2. Hospitals
3. Others

• Residential

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa

1. Research Framework
   1. Research Objective
   2. Product Overview
   3. Key Market Segments
2. Research Methodology
   1. Qualitative Research
   2. Methodology
   3. Regional Split of Primary & Secondary Research
   4. Secondary Research
   5. Primary Research
      1. Breakdown of Primary Research Respondents, By Region
      2. Breakdown of Primary Research Respondents, By Industry Participants
   6. Market Size Estimation
   7. Assumptions for the Study
   8. Market Breakdown & Data Triangulation
3. Executive Summary
4. Industry Insight and Growth Strategy
   1. Value Chain Analysis
   2. DROC Analysis
      1. Market Drivers
         1. Development In Healthcare Infrastructure
         2. Launch Of Innovative And Smart Mattresses
      2. Market Restraints
         1. Existence Of Unorganized And Local Players
      3. Market Challenges
         1. Volatility in the Raw Material Prices
      4. Market Opportunity
         1. Increasing Popularity Of Online Sales Channels
         2. Increasing Demand For Queen Size Mattress
   3. Recent Developments
   4. Porter’s Five Forces Analysis
      1. Bargaining Power of Buyers
      2. Bargaining Power of Suppliers
      3. Intensity of Rivalry
      4. Threat of New Entrants
      5. Threat of Substitutes
5. Global Mattress Market Overview
   1. Market Size & Forecast by Value, 2017-2027
   2. Market Size and Forecast, By Segment
      1. By Type
         1. Memory Foam Mattress
         2. Innerspring Mattress
         3. Latex Mattresses
         4. Others
      2. By Size
         1. Single
         2. Double
         3. Queen
         4. King
      3. By Distribution Channel
         1. Offline
         2. Online
      4. By Application
         1. Commercial
            1. Hotels
            2. Hospitals
            3. Others
         2. Residential
      5. By Region
         1. North America
         2. Europe
         3. Asia-Pacific
         4. Latin America
         5. Middle East & Africa
6. North America Mattress Market Overview
   1. Market Size and Forecast
      1. By Value (USD Billion), 2020-2027
   2. Market Share and Forecast
      1. By Type
      2. By Size
      3. By Distribution Channel
      4. By Application
      5. By Country
         1. U.S.
         2. Canada
7. Europe Mattress Market Overview
   1. Market Size and Forecast
      1. By Value (USD Billion), 2020-2027
   2. Market Share and Forecast
      1. By Type
      2. By Size
      3. By Distribution Channel
      4. By Application
      5. By Country
         1. Germany
         2. U.K.
         3. Russia
         4. France
         5. Italy
         6. Spain
         7. Rest of Europe
8. APAC Mattress Market Overview
   1. Market Size and Forecast
      1. By Value (USD Billion), 2020-2027
   2. Market Share and Forecast
      1. By Type
      2. By Size
      3. By Distribution Channel
      4. By Application
      5. By Country
         1. China
         2. India
         3. Japan
         4. South Korea
         5. Rest of APAC
9. LATAM Mattress Market Overview
   1. Market Size and Forecast
      1. By Value (USD Billion), 2020-2027
   2. Market Share and Forecast
      1. By Type
      2. By Size
      3. By Distribution Channel
      4. By Application
      5. By Country
         1. Mexico
         2. Brazil
         3. Rest of LATAM
10. MEA Mattress Market Overview
    1. Market Size and Forecast
       1. By Value (USD Billion), 2020-2027
    2. Market Share and Forecast
    3. By Type
    4. By Size
    5. By Distribution Channel
    6. By Application
    7. By Country
       1. Saudi Arabia
       2. UAE
       3. South Africa
       4. Rest of MEA
11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis (2020)
    3. Competitive Benchmarking by Operating Parameters
12. Impact of COVID-19 on Global Mattress Market
13. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
    1. Simmons Bedding Company LLC
    2. Serta Inc.
    3. Sealy Corporation
    4. Tempur-Pedic International, Inc.
    5. Kingsdown, Inc.
    6. Relyon Limited
    7. Sherwood Bedding Group, LLC
    8. E.S. Kluft & CO.
    9. Therapedic
    10. Symbol Mattress of Pennsylvania, Inc.
    11. Paramount Bed Holdings Co., Ltd.
    12. King Koil, Inc.
    13. Corsicana Bedding, LLC
    14. Select Comfort
    15. Southerland Bedding Co.
    16. McRoskey Mattress Company
    17. Sleep Number Corporation
    18. American National Manufacturing, Inc.
    19. Exxel Outdoors, LLC.
    20. Other Prominent Players
14. Key Strategic Recommendations

List of Figures

Figure 1: Global Mattress Market Segmentation

Figure 2: Global Mattress Market Value Chain Analysis,

Figure 3: Company Market Share Analysis, 2020

Figure 4: Global Mattress Market Size, By Value (USD Billion), 2017-2027

Figure 5: Global Mattress Market Share (%), By Type, By Value, 2017-2027

Figure 6: Global Mattress Market Share (%), By Size, By Value, 2017-2027

Figure 7: Global Mattress Market Share (%), By Distribution Channel, By Value, 2017-2027

Figure 8: Global Mattress Market Share (%), By Application, By Value, 2017-2027

Figure 9: Global Mattress Market Share (%), By Region, By Value, 2017-2027

Figure 10: North America Mattress Market Size, By Value (USD Billion), 2017-2027

Figure 11: North America Mattress Market Share (%), By Type, By Value, 2017-2027

Figure 12: North America Mattress Market Share (%), By Size, By Value, 2017-2027

Figure 13: North America Mattress Market Share (%), By Distribution Channel, By Value, 2017-2027

Figure 14: North America Mattress Market Share (%), By Application, By Value, 2017-2027

Figure 15: North America Mattress Market Share (%), By Country, By Value, 2017-2027

Figure 16: Europe Mattress Market Size, By Value (USD Billion), 2017-2027

Figure 17: Europe Mattress Market Share (%), By Type, By Value, 2017-2027

Figure 18: Europe Mattress Market Share (%), By Size, By Value, 2017-2027

Figure 19: Europe Mattress Market Share (%), By Distribution Channel, By Value, 2017-2027

Figure 20: Europe Mattress Market Share (%), by Application, By Value, 2017-2027

Figure 21: Europe Mattress Market Share (%), By Country, By Value, 2017-2027

Figure 22: Asia-Pacific Mattress Market Size, By Value (USD Billion), 2017-2027

Figure 23: Asia-Pacific Mattress Market Share (%), By Type, By Value, 2017-2027

Figure 24: Asia-Pacific Mattress Market Share (%), By Size, By Value, 2017-2027

Figure 25: Asia-Pacific Mattress Market Share (%), By Distribution Channel, By Value, 2017-2027

Figure 26: Asia-Pacific Mattress Market Share (%), By Application, By Value, 2017-2027

Figure 27: Asia-Pacific Mattress Market Share (%), By Country, By Value, 2017-2027

Figure 28: Latin America Mattress Market Size, By Value (USD Billion), 2017-2027

Figure 29: Latin America Mattress Market Share (%), By Type, By Value, 2017-2027

Figure 30: Latin America Mattress Market Share (%), By Size, By Value, 2017-2027

Figure 31: Latin America Mattress Market Share (%), By Distribution Channel, By Value, 2017-2027

Figure 32: Latin America Mattress Market Share (%), By Application, By Value, 2017-2027

Figure 33: Latin America Mattress Market Share (%), By Country, By Value, 2017-2027

Figure 34: Middle East & Africa Mattress Market Size, By Value (USD Billion), 2017-2027

Figure 35: Middle East & Africa Mattress Market Share (%), By Type, By Value, 2017-2027

Figure 36: Middle East & Africa Mattress Market Share (%), By Size, By Value, 2017-2027

Figure 37: Middle East & Africa Mattress Market Share (%), By Distribution Channel, By Value, 2017-2027

Figure 38: Middle East & Africa Mattress Market Share (%), By Application, By Value, 2017-2027

Figure 39: Middle East & Africa Mattress Market Share (%), By Region, By Value, 2017-2027

List of Tables

Table 1: Global Mattress Market Size, By Type, By Value, 2017-2027

Table 2: Global Mattress Market Size, By Size, By Value (USD Billion), 2017-2027

Table 3: Global Mattress Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

Table 4: Global Mattress Market Size, By Application, By Value (USD Billion), 2017-2027

Table 5: Global Mattress Market Size, By Region, By Value (USD Billion), 2017-2027

Table 6: North America Mattress Market Size, By Type, By Value (USD Billion), 2017-2027

Table 7: North America Mattress Market Size, By Size, By Value (USD Billion), 2017-2027

Table 8: North America Mattress Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

Table 9: North America Mattress Market Size, By Application, By Value (USD Billion), 2017-2027,

Table 10: Europe Mattress Market Size, By Type, By Value (USD Billion), 2017-2027

Table 11: Europe Mattress Market Size, By Size, By Value (USD Billion), 2017-2027

Table 12: Europe Mattress Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

Table 13: Europe Mattress Market Size, By Application, By Value (USD Billion), 2017-2027

Table 14: the Asia-Pacific Mattress Market Size, By Type, By Value (USD Billion), 2017-2027

Table 15: the Asia-Pacific Mattress Market Size, By Size, By Value (USD Billion), 2017-2027

Table 16: the Asia-Pacific Mattress Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

Table 17: the Asia-Pacific Mattress Market Size, By Application, By Value (USD Billion), 2017-2027

Table 18: Latin America Mattress Market Size, By Type, By Value (USD Billion), 2017-2027

Table 19: Latin America Mattress Market Size, By Size, By Value (USD Billion), 2017-2027

Table 20: Latin America Mattress Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

Table 21: Latin America Mattress Market Size, By Application, By Value (USD Billion), 2017-2027

Table 22: The Middle-East & Africa Mattress Market Size, By Type, By Value (USD Billion), 2017-2027

Table 23: The Middle-East & Africa Mattress Market Size, By Size, By Value (USD Billion), 2017-2027

Table 24: The Middle-East & Africa Mattress Market Size, By Distribution Channel, By Value (USD Billion), 2017-2027

Table 25: The Middle-East & Africa Mattress Market Size, By Application, By Value (USD Billion), 2017-2027

Table 26: Simmons Bedding Company LLC Financial Analysis

Table 27: Simmons Bedding Company LLC Business Overview

Table 28: Serta Inc. Financial Analysis

Table 29: Serta Inc. Business Overview

Table 30: Sealy Corporation Corporation Financial Analysis

Table 31: Sealy Corporation Corporation Business Overview

Table 32: Tempur-Pedic International, Inc. Financial Analysis

Table 33: Tempur-Pedic International, Inc. Business Overview

Table 34: Kingsdown, Inc. Financial Analysis

Table 35: Kingsdown, Inc. Business Overview

Table 36: Relyon Limited Financial Analysis

Table 37: Relyon Limited Business Overview

Table 38: Sherwood Bedding Group, LLC Financial Analysis

Table 39: Sherwood Bedding Group, LLC Business Overview

Table 40: E.S. Kluft & CO. Financial Analysis

Table 41: E.S. Kluft & CO. Business Overview

Table 42: Therapedic Financial Analysis

Table 43: Therapedic Business Overview

Table 44: Symbol Mattress of Pennsylvania, Inc. Financial Analysis

Table 45: Symbol Mattress of Pennsylvania, Inc. Business Overview

Table 46: Paramount Bed Holdings Co., Ltd. Financial Analysis

Table 47: Paramount Bed Holdings Co., Ltd. Financial Analysis

Table 48: King Koil, Inc. Financial Analysis

Table 49: King Koil, Inc. Business Overview

Table 50: Corsicana Bedding, LLC Financial Analysis

Table 51: Corsicana Bedding, LLC Business Overview

Table 52: Select Comfort Financial Analysis

Table 53: Select Comfort Business Overview

Table 54: Southerland Bedding Co. Financial Analysis

Table 55: Southerland Bedding Co. Business Overview

Table 56: McRoskey Mattress Company Financial Analysis

Table 57: McRoskey Mattress Company Business Overview

Table 58: Sleep Number Corporation Financial Analysis

Table 59: Sleep Number Corporation Business Overview

Table 60: American National Manufacturing, Inc. Financial Analysis

Table 61: American National Manufacturing, Inc. Business Overview

Table 62: Exxel Outdoors, LLC. Financial Analysis

Table 63: Exxel Outdoors, LLC. Business Overview