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Mattress Market – By Product Type, By Size, By Price Range, By Firmness Level, By Material, By End Use, By Distribution Channel, Analysis, Share, Growth Forecast, 2025 - 2034

  • Report ID: GMI12738
  • Published Date: Dec 2024
  • Report Format: PDF

Mattress Market Size

The global mattress market size was valued at USD 48.6 billion in 2024 and is estimated to grow at a CAGR of over 5.3% from 2025 to 2034.
 

Mattress Market

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As environmental awareness rises, consumers are increasingly opting for mattresses crafted from organic and eco-friendly materials like natural latex and organic cotton. This shift underscores a heightened demand for sustainable products, prompting manufacturers to ramp up innovations in this arena.
 

Mattress Market Trends

Tech-savvy consumers are increasingly drawn to smart mattresses, which boast features such as adjustable firmness, temperature control, and sleep tracking. These advancements are redefining mattress design, delivering a tailored sleep experience that aligns with individual preferences.
 

As online shopping gains traction, the market feels the ripple effects. Shoppers are increasingly drawn to the convenience, competitive pricing, and flexible return policies of online mattress purchases. This trend shows no signs of slowing, fueled by the surging appeal of direct-to-consumer models and online retail platforms.
 

High-end mattresses, especially those boasting features like memory foam, cooling properties, or smart technologies, often come with a price tag that limits their accessibility to a wider audience. Moreover, the mattress industry faces stiff competition from alternative sleep solutions, including air beds, futons, and convertible beds. In regions with economic constraints, consumers frequently gravitate towards these more affordable options.
 

Mattress Market Analysis

Mattress Market Size, By Product Type, 2021 – 2034 (USD Billion)
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Based on product type, the market can be segmented into innerspring mattresses, memory foam mattresses, latex mattresses, hybrid mattresses, gel mattresses, down alternative mattresses, and others. The innerspring mattresses segment accounted for revenue of around USD 16.9 Billion in the year 2024 and is estimated to grow at a CAGR of around 5.6% from 2025 to 2034.
 

Budget-conscious consumers often gravitate towards innerspring mattresses, which typically come at a lower price point than their memory foam or hybrid counterparts. This cost-effectiveness has bolstered sales across diverse income brackets, particularly in emerging markets where price sensitivity is paramount. Renowned for their durability, innerspring mattresses excel in delivering firm support. Their coil systems adeptly distribute body weight, ensuring a consistently supportive sleep surface.
 

Mattress Market Share, By End-Use, (2024)
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Based on the end-use, the global mattress market is categorized as residential and commercial. The residential segment held around 79% of the total market share in 2024 and is anticipated to grow at a CAGR of 5.3% during the forecast period. With a growing focus on health, consumers are prioritizing quality sleep.
 

Many are turning to premium mattresses, aiming to boost sleep quality, enhance posture, and alleviate back pain. There's a noticeable shift towards personalized comfort in mattress choices. Furthermore, residential buyers are gravitating towards mattresses equipped with cutting-edge features like temperature control, adjustable firmness, and sleep monitoring.
 

U.S. Mattress Market Size, 2021 – 2034, (USD Billion)
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The U.S. mattress market accounted for revenue of around USD 14 billion in the year 2024 in North America and is estimated to grow at a CAGR of around 5.6% from 2025 to 2034.
 

North America: In the U.S., a wealthy consumer base is increasingly seeking premium mattresses, such as memory foam, hybrid, and adjustable models. As disposable incomes rise, consumers are more inclined to invest in top-tier sleep solutions. Heightened awareness of sleep's significance and its health implications has led many Americans to prioritize mattresses that promise enhanced comfort, support, and longevity.
 

Europe: In Germany mattress market, consumers are increasingly prioritizing sleep quality and wellness, resulting in a surge in spending on premium mattresses. This trend is evident in the rising demand for luxury and customized options, with products such as memory foam, latex, and hybrid mattresses leading the charge. Additionally, online mattress retailers have seen significant progression in their presence across Germany. With direct-to-consumer brands and major platforms providing convenient purchasing avenues, sales have flourished across a diverse range of price points.
 

Asia Pacific: As disposable incomes rise, a burgeoning middle class is increasingly seeking higher-quality mattresses. Urban consumers, in particular, are gravitating towards products that prioritize sleep comfort and health. Meanwhile, China's booming e-commerce landscape has transformed the mattress sector. Major online platforms, including Alibaba, JD.com, and niche mattress brands, are broadening product accessibility. Coupled with flexible payment plans and enticing promotional discounts, these platforms are driving sales to new heights.
 

Middle East: Saudi Arabia's Vision 2030 is not just a blueprint for the nation's future; it's a catalyst for growth across various sectors. As the country diversifies its economy, the residential and hospitality sectors are witnessing a boom, leading to a surge in mattress demand. With disposable incomes on the rise, Saudis are increasingly opting for premium sleep solutions.
 

The online retail scene in Saudi Arabia is flourishing, with numerous platforms now selling mattresses straight to consumers. These platforms, bolstered by flexible return policies and competitive pricing, are making mattresses more accessible, particularly to the younger demographic.
 

Mattress Market Share

The global market showcases a competitive landscape teeming with a mix of players, from multinational giants to regional manufacturers and specialized niche companies. Predominantly fragmented, the market sees major players like IKEA, Tempur Sealy International, Inc., Sleep Number Corporation, Ashley Furniture Industries, and Dorel Industries Inc.
 

These companies command significant market shares, bolstered by their vast product portfolios and robust brand recognition. The surge of e-commerce has broadened online sales channels, allowing brands to tap into wider audiences and boost customer engagement via digital marketing.
 

Mattress Market Companies

Major players operating in the mattress industry are:

  • Ashley Furniture Industries
  • Casper Sleep Inc.
  • Dorel Industries Inc.
  • Hastens Sängar AB
  • Healthcare Co., Ltd. (MLILY)
  • IKEA
  • Kingsdown, Inc.
  • Magniflex S.p.A.
  • Purple Innovation, Inc.
  • Restonic Mattress Corporation
  • Saatva, Inc.
  • Serta Simmons Bedding, LLC
  • Simmons Bedding Company
  • Sleep Number Corporation
  • Tempur Sealy International, Inc.
     

Mattress Industry News

  • In September 2024, Tempur Sealy International, Inc. acquired Mattress Firm, the U.S.'s largest mattress specialty retailer. This move is set to bolster Tempur Sealy's foothold in the U.S. market. By merging Mattress Firm's vast network of 2,300+ stores with its own direct-to-consumer operations, Tempur Sealy aims to amplify its consumer engagement. The acquisition promises strategic benefits, such as heightened consumer-focused innovation, streamlined supply chain management, and an expanded omni-channel strategy.
     
  • In May 2024, Serta Simmons Bedding (SSB) unveiled its latest addition to the premium mattress line, the Beautyrest Black series. This revamped collection promises enhanced comfort and support, rolling out four distinct models—Beautyrest Black Series One through Four. Each model boasts SSB's proprietary Pocketed Coil technology, ensuring tailored support and outstanding motion separation. This feature is particularly beneficial for couples or anyone easily disturbed during sleep.
     

This mattress market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) & volume (Million Units) from 2021 to 2034, for the following segments:

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Market, By Product Type

  • Innerspring mattresses
  • Memory foam mattresses
  • Latex mattresses
  • Hybrid mattresses
  • Gel mattresses
  • Down alternative mattresses
  • Others (water beds, etc.)

Market, Size

  • Twin or single size
  • Twin XL Size
  • Full or double size
  • Queen size
  • Others

Market, Price Range

  • Low
  • Medium
  • High

Market, Firmness Level

  • Soft
  • Medium
  • Firm

Market, Material

  • Wool
  • Cotton
  • Polyester
  • Bamboo
  • Silk
  • Others (kapok, etc.)

Market, End-Use

  • Residential
  • Commercial
    • Hotel
    • Hospital
    • Others (educational institutions, etc.)

Market, Distribution Channel

  • Online
    • E-Commerce website
    • Company owned website 
  • Offline
    • Hypermarket/supermarket
    • Specialized stores
    • Other retail stores

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia 
  • Latin America
    • Brazil
    • Mexico 
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global mattress industry was valued at USD 48.6 billion in 2024 and is projected to grow at a CAGR of over 5.3% from 2025 to 2034, driven by increasing consumer awareness and demand for sleep comfort.
The innerspring mattress segment recorded USD 16.9 billion in revenue in 2024 and is expected to grow at a CAGR of around 5.6% from 2025 to 2034, as budget-conscious consumers prefer its affordability compared to memory foam or hybrid options.
The U.S. market generated approximately USD 14 billion in 2024 and is forecasted to grow at a CAGR of around 5.6% from 2025 to 2034, supported by rising disposable incomes and demand for premium sleep solutions.
Key players in the industry include Ashley Furniture Industries, Casper Sleep Inc., Dorel Industries Inc., Hästens Sängar AB, Healthcare Co., Ltd. (MLILY), IKEA, Kingsdown, Inc., Magniflex S.p.A., Purple Innovation, Inc., and Restonic Mattress Corporation.

Mattress Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 15
  • Tables & Figures: 180
  • Countries covered: 18
  • Pages: 220
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