The global mattress market is set for significant expansion, driven by a variety of product types, applications, distribution methods, and regional influences. Key factors like consumer preferences, technological advancements, and changing trends in the commercial and residential sectors shape the market's trajectory. The comprehensive analysis underscores essential aspects, emphasizing the dynamic nature of the market and its potential for substantial growth. The market's resilience is evident across diverse product types, including innerspring, memory foam, and latex and coir, offering consumers a wide range of choices to cater to individual comfort preferences.
Regional Performance of the Mattress Industry
The mattress industry involves a significant level of international trade, with various countries engaged in the import and export of mattresses. This trade is influenced by factors like cost competitiveness, quality standards, and regional demand variations. The global mattress market had a growth rate of 6% in the last five years. Out of the global mattress market, North America contributes a share of more than 30%, with the Asia-Pacific market showing the most promising growth rate in the coming decades with an estimated growth rate of more than 7%.
North America: The developed mattress market has sustained demand, driven by lifestyle changes and a focus on sleep quality. North America has an overall growth rate of 5% in the coming years.
Europe: Increasing awareness of health and wellness drives the European market, with a preference for premium and innovative mattress solutions. Europe has shown a positive trend after the pandemic, with a growth rate of more than 8% until 2030.
Asia-Pacific: Rapid urbanization and a rising middle class contribute to the Asia-Pacific region's dynamic growth, with a surge in demand for diverse mattress types. Asia Pacific has a growth rate of 7% in the coming decade.
MENA (Middle East and North Africa): Emerging economies in the MENA region witness a growing residential and hospitality sector, propelling the demand for mattresses. The MENA region has an overall growth rate of more than 7% in the coming years.
Major Developments in the Global Mattress Market
Recent Innovations in the Global Mattress Market
The global mattress market is poised for continued growth, with technological innovations, sustainability trends, and evolving consumer preferences shaping the industry landscape. Stakeholders should closely monitor regional dynamics, embrace e-commerce trends, and invest in product innovation to capitalize on emerging opportunities in this dynamic market.
Scope of the Study
The study conducted by Makreo Research on the "Global Mattress Market Size and Forecast (2019-2030): Segmentation by Product Type (Innerspring, Memory Foam, Latex, and Coir) by Application (Commercial and Residential) by Distribution (Online & Offline) by Region (North America, Europe, Asia-Pacific, and MENA)" focuses on the specific sector of the mattress industry. The market has witnessed many shifts in the recent past after the COVID-19 outburst and the Russia-Ukraine war that hampered the market. The report 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 Global Mattress Market. It goes beyond mere numbers and incorporates insights into consumer behavior, industry trends, and market dynamics. 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 competition has also been carefully examined in terms of significant M&A transactions that have occurred in the market and recent financial infusions, offering an extensive overview of key players in the mattress market.
The report delves into critical facets of these companies and the industry at large, encompassing mergers and acquisitions, funding activities, and detailed company profiles. In essence, the report furnishes a thorough and enlightening examination of the competitive scenario in the global mattress market, encompassing well-established companies and their financial undertakings. This comprehensive information serves to empower stakeholders and industry experts with a profound comprehension of the evolving dynamics within this rapidly expanding and dynamic sector.
Period of Study:
Segmentation by Product
Segmentation by Application
Segmentation by Distribution
Segmentation by Region
Key Questions Answered:
Table of Content
Report Synopsis
Industry overview
1. Research Methodology
1.1. Objective of the Study
1.2. Research Process
1.3. Data Collection Methods
1.4. Analytical Framework
2. Global Mattress Market- Past and Present Performance Analysis
2.1. Global Mattress Market: An Overview
2.1.1. Global Online Mattress Sales
2.2. Global Mattress Market Revenue: Past & Present Performance
2.3. Evolving Trend and Innovation in Mattress Industry
2.4. Emerging Startups in Mattress Industry
3. Global Mattress- Market Segmentation
3.1. Global Mattress: Market Segmentation
3.2. Global Mattress Market: By Product (Innerspring, Memory Foam, Latex & Coir)
3.3. Global Mattress Market: By Distribution Channel (Online & Offline)
3.4. Global Mattress Market: By Distribution Channel (Online & Offline)
3.5. Global Mattress Market: By Region (North America, Europe, Asia Pacific, Middle East & Africa)
4. North America Mattress Market- Past & Present Performance Analysis
4.1. North America Mattress Industry: An Overview
4.2. North America Mattress Market Revenue: Past & Present Performance
5. Europe Mattress Market: Past & Present Performance Analysis
5.1. Europe Mattress Market: An Overview
5.1.1. Share of Mattress Companies in Europe by Province
5.2. Europe Mattress Market Revenue: Past & Present Performance
6. Asia-Pacific Mattress Market- Past & Present Performance Analysis
6.1. Asia-Pacific Mattress Market: An Overview
6.2. Asia-Pacific Mattress Market Revenue: Past & Present Performance
7. Middle East & Africa Mattress Market- Past & Present Performance Analysis
7.1. Middle East & Africa Region: An Overview
7.2. Middle East & Africa Market Revenue: Past & Present Performance
8. Global Mattress Industry– SWOT Analysis
8.1. Global Mattress Industry: SWOT Analysis
9. Global Mattress Market Competitive Landscape
9.1. Global Mattress Industry Competitive Landscape
10. Global Mattress Market- Mergers /Acquisitions/ Investments
10.1. Market Mergers /Acquisitions/ Investments 2018-2023
11. Global Mattress Market- Funding Timeline
11.1. Funding Timeline
12. Global Mattress Market- Company Profiles
12.1. Company Profile: Spring Air International LLC
12.2. Company Profile: Sleep Number Corporation
12.3. Company Profile: Paramount Bed Holdings Co., Ltd.
12.4. Company Profile: Leggett & Platt, Incorporated
12.5. Company Profile: Tempur Sealy International, Inc.
12.6. Company Profile: Serta Simmons Bedding LLC
12.7. Company Profile: Boll & Branch LLC
12.8. Company Profile: Kingsdown Inc
12.9. Company Profile: Southerland Inc.
13. Global Mattress Market Industry– Future Outlook
13.1. Global Mattress Industry: Future Outlook
13.1.1. Global Mattress Market Future Revenue
13.2. North America Mattress Industry: Future Outlook
13.2.1. North America Mattress Future Market Revenue
13.3. Europe Mattress Market: Future Outlook
13.3.1. Emerging Trends Influencing the Mattress Industry's Future
13.3.2. Europe Mattress Market Future Revenue
13.4. Asia-Pacific Mattress Market: Future Outlook
13.4.1. Asia-Pacific Mattress Market Future Revenue
13.5. Middle East & Africa Market Revenue: Future Outlook
13.6. Factors to drive the Global Mattress Market
Limitations of the Study
List of of Figures and Tables
World Share of E-Commerce Mattress Sales (%), 2019-2023
Global Mattress Market Revenue, 2019-2023
Global Mattresses Market Segmentation by Product, 2023
Global Mattresses Market Segmentation by Distribution Channels, 2023
Global Mattresses Market Segmentation by Application, 2023
Global Mattresses Market Revenue By Region, 2023
Global Mattresses Market Segmentation by Region, 2023
North America Mattress Market Revenue, 2019-2022
Percentage Mattress Companies in Europe by Province
Europe Mattress Market Revenue, 2019-2023
Asia-Pacific Mattress Market Revenue, 2018-2022
Middle East & Africa Market Revenue, 2019-2023
Market Capitalization of Mattress Company, Nov 2023
Sleep Number Nine Months Ended Net Sales, 2022/9-2023/9
Sleep Number Nine Months Ended Net Operating Income, 2022/9-2023/9
Sleep Number Nine Months Ended Net Sales By Channel, 2022/9- 2023/9
Sleep Number Net sales, 2018-2022
Paramount Bed Holding Net Sales, 2021/22 – 2022/23
Paramount Bed Holding Operating, Ordinary & Net Profit, 2021/22- 2022/23
Paramount Bed Holding Sales Share by Product, 2022/23, (%)
Paramount Bed Holding Sales by Product, 2022/23
Paramount Bed Holding Nursing Care Segment Net Sales, 2019/20 – 2022/23
Paramount Bed Holding Nursing Care Segment Number of Beds Sold, 2019/20 – 2022/23
Paramount Bed Holding Health Promotion Segment Net Sales, 2019/20 – 2022/23
Paramount Bed Holding Health Promotion Segment Number of Beds Sold, 2019/20 – 2022/23
Paramount Bed Holding Sales Share by Product, 2022/23
Leggett & Platt, Incorporated Manufacturing Locations
Leggett & Platt, Incorporated Trade Sales, 2021-2022
Leggett & Platt, Incorporated Revenue by Product, 2020-2022
Leggett & Platt, Incorporated Trade Sales by Region, 2020-2022
Tempur Sealy International, Inc. Net Sales, 2021-2022
Tempur Sealy International, Inc. Net Sales by Channel, 2021-2022
Tempur Sealy International, Inc. Net Sales by Region & channel, 2021-2022
Tempur Sealy International, Inc. Net Sales in North America, 2021-2022
Tempur Sealy International, Inc. Net Sales by Region & Product, 2021-2022