Overview

Executive Summary
The Asia-Pacific mattress market has been experiencing significant growth, propelled by the region's substantial population and economic progress. Key drivers such as urbanization, the expanding middle class, and heightened spending on premium mattresses have been instrumental in the market's expansion.

Asia-Pacific has asserted its dominance, contributing more than one fourth to the global home bedding market revenue, with China singularly representing 70% of the region's total revenue. The dominance of key home textile markets such as China, India, and Japan has spurred the diversification of bedding textiles, leading to wider applications of bedding products across residential and commercial settings.

China dominates the mattress market, followed by India. The China mattress market is poised to grow by 10% in the coming years, with the premium segment anticipated to grow by more than 20% due to an expanding middle class and heightened demand for high-quality sleep products.

E-Commerce and Retail Expansion
Asia-Pacific stands as the second-largest region for online mattress sales, notably with China capturing the lion’s share. Disparities in online occurrences, mattress market sizes, and consumer preferences are more pronounced here compared to other geographical areas. South Korea exhibits one of the highest online penetration rates. Although India's volume may be lower, its online mattress market has been steadily growing and is expected to experience exponential growth in the coming years.

Upsurge in Premium Mattress Demand
Consumers across the Asia-Pacific region are increasingly favoring premium and specialized mattresses equipped with features such as orthopedic support, cooling technology, and eco-friendly materials.

Market Development Instances

In October 2018, King Koil China partnered with Serta China to establish the leading premium mattress platform in China, consolidating their presence across diverse distribution channels.
In September 2022, Saatva, Inc. introduced the Memory Foam Hybrid Mattress, aiming to broaden its customer base.
The hospitality industry is driving demand for mattresses in Japan. In 2021, Japan exported USD 41.1 million in mattresses, making it the 48th largest exporter of mattresses in the world.
Escalating property prices in major Chinese cities have compelled numerous young individuals to opt for rented apartments. With renting becoming a prevalent choice, mattress demand is expected to witness a surge.
In India, the number of residential units is increasing. Even the government has implemented many schemes, like House for all, whereby by 2022, the government is targeting to construct around 50 million new housing units. In which 30 million are proposed to be constructed in rural areas and 20 million in Urban areas.
In Australia, demand for memory foam mattresses has exhibited a consistent upward trend over the past five years.

Demand of Mattress by Type of Mattress
Based on mattress type, the Asia Pacific mattress market is segmented into Innerspring, Memory Foam, Latex, and Others, with Innerspring holding the major market share at 50%, followed by Memory Foam, Latex, and Others. The surge in demand for Spring Mattresses is attributed to the increasing prevalence of back problems and discomfort during sleep, particularly in emerging markets like India and China.

Regarding end-users, the market is segmented into Residential and Commercial sectors, with the Residential segment holding the lion’s share. Anticipated population growth in megacities by 2030, with 19 such cities in the Asia-Pacific region, is expected to drive mattress demand.

Future Prospects
According to Makreo, the Asia Pacific mattress market is forecasted to witness a Compound Annual Growth Rate (CAGR) of 9.6% between 2023 and 2030. The burgeoning urban population in Asia-Pacific cities, set to grow by 50% by 2050, will significantly intensify the demand for mattresses. Major brands from various countries have entered Vietnam's market, showcasing diversified mattress portfolios catering to diverse lifestyles.

Scope of the Study
The study conducted by Makreo Research on the “Asia Pacific Mattress Market Analysis (2018-2030)" provides a comprehensive analysis of the market, encompassing a wide range of factors. The report takes into account both qualitative and quantitative factors, indicating a well-rounded approach to analysis. The inclusion of both qualitative and quantitative factors in the study ensures that readers gain a more complete understanding of the Asia Mattress Market. It goes beyond mere numbers and incorporates insights into consumer behavior, industry trends, and market dynamics. This holistic approach enhances the overall analysis and makes the study a valuable resource for individuals or organizations interested in exploring the pricing of mattress, key players in the industry, trade performance, competitive Landscape of Asia Pacific Mattress Market. Moreover, the report's focus on past and present performance, as well as potential growth opportunities in the future, enables readers to identify key areas of interest and investment.

The report examines opportunity for the Asia-Pacific Mattress Market on various grounds, including

Asia Pacific Mattress Market revenue and performance

Further segmentation of the market is based on

Mattress Material
End user
Countries

Countries Covered

China
India
Japan
Australia
Vietnam

Key Questions Answered

What is the historical performance of the Asian economy, and what is the anticipated future growth outlook?
How has the Asia Pacific Mattress Industry fared in the past, and what is its current state?
What is the current performance of the mattress trade sector in Asia?
Which material is primarily contributing to the demand for mattresses?
Which end user is the major contributor to the demand for mattresses?
Which country is the primary contributor to the demand for mattresses?
Who are the key players in the market, and what is their current performance status?
What major mergers and acquisitions have occurred in the past within the Asia-Pacific mattress industry?
What is the funding scenario for various players in the Asian mattress market?

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Report Synopsis
Key Industry Highlights
Industry Overview
1.Research Methodology
1. 1.1Objective of the Study
2. 1.2Research Process
3. 1.3Data Collection Methods
4. 1.4Analytical Framework
2.Asia-Pacific Mattress Market- Past & Present Performance
1. 2.1Asia-Pacific Mattress Market: An Overview
2. 2.2Asia-Pacific Mattress Market Revenue: Past & Present Performance
3.Asia-Pacific Mattress Market Segmentation
1. 3.1Asia-Pacific Mattress Market Segmentation
2. 3.2Asia Pacific Mattress Market: By Mattress Type
3. 3.3Asia Pacific Mattress Market: By End Users
4. 3.4Asia Pacific Mattress Market: By Countries
4.Asia-Pacific Mattress Market Analysis – By Countries
1. 4.1China Mattress Market: An Overview
  1. 4.1.1China Mattress Market: Patents & R&D
  2. 4.1.2Competition Mapping by the Unit Price of Mattress
  3. 4.1.3China Mattress Market: Demand by Material
  4. 4.1.4China Mattress Trade Pricing Analysis
  5. 4.1.5China Mattress Market Revenue: Past & Present Performance
2. 4.2India Mattress Market: An Overview
  1. 4.2.1Key Developments in Indian Mattress Market
  2. 4.2.2Factors to Drive India Mattress Market
  3. 4.2.3India Organized Mattress Vs. Unorganized Mattress
  4. 4.2.4India Mattress Market: By Mattress Type
  5. 4.2.5India Mattress Market: By End Users
  6. 4.2.6India Mattress Market: By Distribution Channel
  7. 4.2.7India Mattress Trade Pricing Analysis
  8. 4.2.8India Mattress Market Revenue: Past & Present Performance
3. 4.3Australia Mattress Market: An Overview
  1. 4.3.1Australia Mattress Pricing Analysis
  2. 4.3.2Australia Mattress Market Revenue: Past & Present Performance
  3. 4.3.3Australia Mattress Market by Material Type
4. 4.4Vietnam Mattress Market: An Overview
  1. 4.4.1Key Players in Vietnam Mattress Market
  2. 4.4.2Vietnam Mattress Pricing Analysis
  3. 4.4.3Vietnam Mattress Market Revenue: Past & Present Performance
5. 4.5Japan Mattress Market: An Overview
  1. 4.5.1Japan Mattress Pricing Analysis
5.Asia-Pacific Mattress Market – Future Outlook
1. 5.1Asia-Pacific Mattress Market: Future Outlook
2. 5.2Asia-Pacific Mattress Market Revenue Forecast
3. 5.3China Mattress Market Revenue Forecast
4. 5.4India Mattress Market Revenue Forecast
5. 5.5Vietnam Mattress Market Revenue Forecast
6. 5.6Australia Mattress Market Revenue Forecast
7. 5.7Factors to Drive the Asia-Pacific Mattress Industry
6.Asia-Pacific Mattress Market- Trade Performance
1. 6.1Asia-Pacific Export Performance
2. 6.2Asia-Pacific Import Performance
3. 6.3China Mattress Export Statistics
  1. 6.3.1China Mattress Export Volume
  2. 6.3.2China Mattress Export by Countries
  3. 6.3.3China Mattress Import Statistics
  4. 6.3.4China Mattress Import by Countries
4. 6.4India Mattress Export Statistics
  1. 6.4.1India Mattress Export Statistics by countries
  2. 6.4.2India Mattress Import Statistics
  3. 6.4.3India Mattress Import Statistics by countries
5. 6.5Australia Mattress Export Statistics
  1. 6.5.1Australia Mattress Import Statistics
  2. 6.5.2Australia Mattress Export & Import Statistics by Countries
6. 6.6Vietnam Mattress Export Statistics
  1. 6.6.1Vietnam Mattress Import Statistics
  2. 6.6.2Vietnam Mattress Export & Import Statistics by Countries
7. 6.7Japan Mattress Export Statistics
  1. 6.7.1Japan Mattress Import Statistics
  2. 6.7.2Japan Mattress Export & Import Statistics by Countries
7.Asia-Pacific Mattress Market- Competitive Landscape
1. 7.1Asia-Pacific Mattress Market: Key Players
2. 7.2Asia-Pacific Mattress Industry Competitive Landscape
3. 7.3Emerging Startups in Asia-Pacific Mattress Industry
8.Asia-Pacific Mattress Market- Mergers and Acquisition 2018 - 2023
1. 8.1Market Mergers /Acquisitions/ Investments 2018-2023
9.Asia-Pacific Mattress Market- Funding Timeline 2018-2023
1. 9.1Funding Timeline
Limitations of the Study
List of Tables and Figures
Asia-Pacific Mattress Market Revenue, 2018-2022
Asia Pacific Mattress Market Revenue Contribution by Mattress Type, 2022
Asia Mattress Market By end User, 2022
Asia Pacific Mattress Market Revenue Contribution by Country, 2022
Key factors that prevent consumers from purchasing mattresses in China, 2018
China Mattress Patents, 2021
The Top 3 Mattresses on Taobao & Tmall by Materials
China Mattress Export Price, 2018- 2022
China Mattress Import Price, 2018- 2022
China Mattress Market Revenue, 2018-2022
India share of Organized & Unorganized Players, 2012
India share of Organized & Unorganized Players, 2022
Indian Organized Modern Mattress Market by Type of Mattress, 2022
India Organized Modern Mattress Market By Type Of Mattress, 2022
India Mattress Pricing, 2022
India Mattress Distribution Channel, H1 2023
India Mattress Export Price, 2018- 2022
India Mattress Import Price, 2018- 2022
India Mattress Market Revenue, 2018-2022
Monthly Website Visits to Top Australia Mattress Companies, Aug/23-Oct/23
Australia Mattress Import Price, Jun/22-May/23
Australia Mattress Market Revenue, 2018-2022
Australia Mattress Market Demand by Material Type, H1 2023
Mattress Pricing in Vietnam
Vietnam Average Export Price, Dec/20-Dec/21
Vietnam Average Import Price, Dec/20-Dec/21
Vietnam Mattress Market Revenue, 2020-2022
Japan Average Mattress Export Price, Apr/22- Apr/23
Japan Average Import Price, 2018-2022
Asia-Pacific Mattress Market Revenue Forecast, 2023E-2030F
China Mattress Market Revenue Forecast, 2023E-2030F
India Mattress Market Revenue Forecast, 2023E-2030F
Vietnam Mattress Market Revenue Forecast, 2023E-2030F
Australia Mattress Market Revenue Forecast, 2023E-2027F
Urban Population Growth in Asia Region, 2000-2030
Developing Asia Inflation Forecast, 2022-2024
Tourist Arrival in Asia-Pacific Region, 2021-2025
Major Exporting Countries in Asia-Pacific Region, 2022
Major Exporting Countries Share in Asia-Pacific Region, 2022
Major Importing Countries in Asia-Pacific Region, 2022
Major Importing Countries share in Asia-Pacific Region, 2022
China Mattress Export, 2019 - 2022
China Spring Mattress Export Volume , Q1/22-Q1/23
China Foam Mattress Export, Q1/22-Q1/23
China Mattress Export by Countries, 2019- 2022
China Mattress Import, 2019- 2022
China Mattress Import by Countries, 2019- 2022
India Mattress Export, 2019- 2022
India Mattress Export by Countries, 2019- 2022
India Mattress Import, 2019- 2022
India Mattress Import by Countries, 2019- 2022
Australia Mattress Exports, 2018-2022
Australia Mattress Import, 2018-2022
Australia Mattress Export by Countries, 2019- 2022
Australia Mattress Import by Countries, 2019- 2022
Vietnam Mattress Export, 2019- 2022
Vietnam Mattress Import, 2019- 2022
Vietnam Mattress Export by Countries, 2019- 2022
Vietnam Mattress Import by countries, 2019- 2022
Japan Mattress Export, 2019- 2022
Japan Mattress Import, 2019- 2022
Japan Mattress Export By Countries, 2019- 2022
Japan Mattress Import By Countries, 2019- 2022
Market Capitalization Of Mattress Companies as on 20 Nov, 2023