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Smart Mattress Market Size
The smart mattress market size was valued at around USD 1.7 billion in 2023 and is estimated to register a CAGR of around 3.7% between 2024 and 2032. As consumers place greater emphasis on their health and well-being, the significance of sleep becomes paramount. Smart mattresses, with features like adjustable firmness, temperature control, and sleep tracking, present tailored solutions that resonate with this focus.
Additionally, an aging population, seeking specialized sleep solutions for pain relief and improved posture, bolsters this trend.
Report Attributes | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 1.7 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 3.7% |
2024 – 2032 Value Projection: | USD 2.3 Billion |
Historical Data for: | 2021 - 2023 |
No. of Pages: | 150 |
Tables, Charts & Figures: | 380 |
Segments covered: | Product Type, Size, Height, Firmness Level, Price Range, Application, Distribution Channel, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Smart mattresses command a premium over traditional ones, primarily due to their incorporation of cutting-edge technologies such as sensors, AI, and IoT features. This price point restricts their appeal to affluent consumers, hindering widespread adoption, particularly in regions sensitive to pricing. Furthermore, the electronic components of smart mattresses could pose durability challenges when juxtaposed with their traditional counterparts. Concerns about the lifespan of these electronic elements may make potential buyers hesitant to invest. Moreover, apprehensions regarding potential malfunctions, coupled with the expenses tied to repairs or replacements, further act as deterrents.
Smart Mattress Market Trends
Smart mattresses leverage cutting-edge technologies, including the Internet of Things (IoT), Artificial Intelligence (AI), and sensors, to track sleep patterns, monitor body movements, and even assess biometrics like heart rate and breathing. These features appeal to tech-savvy consumers who are increasingly embracing smart home ecosystems, seamlessly integrating smart mattresses into their connected home environments.
Smart Mattress Market Analysis
Based on the product type, the market is segmented into foam mattresses, innerspring mattresses, hybrid mattresses, latex mattresses, and others. In 2023, the foam mattresses segment accounted market share of around 47% and is expected to reach USD 1 billion by 2032. Memory foam and latex foam mattresses are particularly well-suited for the incorporation of smart technologies. Their design facilitates the easy integration of sensors and electronic components, enabling the tracking of sleep patterns, body movements, and temperature regulation. Additionally, memory foam mattresses are generally more cost-effective to produce than hybrid or innerspring alternatives.
Based on application, the smart mattress market is segmented into residential and commercial. In 2023, the residential segment emerged dominant, commanding a market share of around 83%, and is expected to reach 84% by 2032. As awareness grows about the vital role of sleep in health and well-being, consumers are increasingly turning to smart mattresses. These mattresses enhance sleep quality through features like sleep tracking, analytics, and personalized adjustments.
The residential sector, already witnessing a surge in smart home technology adoption—think smart thermostats, lights, and security systems—now sees a rising interest in smart mattresses. Beyond just tracking, these mattresses boast customizable features: adjustable firmness, temperature control, and position adjustments. Such tailored solutions not only cater to individual preferences but also address specific sleep needs, making them a top choice for those seeking a personalized sleep experience.
North America held the largest market share of around 43% in 2023 and will reach USD 1 billion by 2032. North America, especially the U.S. and Canada, leads in technology adoption. Consumers here swiftly adopt innovative products, from smart home devices to tech-enhanced mattresses, prioritizing comfort and convenience. With a robust smart home market, North America sees widespread use of devices such as thermostats, lighting systems, and security cameras. Given this backdrop, smart mattresses seamlessly integrate, attracting consumers eager for a fully connected home.
The U.S. dominated the North America smart mattress market with share of 78% in 2023 and is expected to grow at a CAGR of 4.1% during the forecast period. The U.S. stands at the forefront of global technology and innovation, showcasing a pronounced adoption rate of smart home devices. This landscape not only nurtures but also accelerates the evolution of smart mattresses, incorporating cutting-edge features like sleep tracking, adjustable firmness, and temperature control. With disposable incomes typically outpacing those in other regions, U.S. consumers are more inclined to splurge on premium offerings, including smart mattresses. This financial prowess not only facilitates individual purchases but also propels the broader growth trajectory of the market.
Germany dominated the Europe smart mattress market with market share of around 24% in 2023 and is expected to grow at a CAGR of 4.1% from 2024 to 2032. Germany, renowned for its engineering prowess and technological innovations, is making significant strides in the smart mattress industry. German firms are at the forefront, pioneering technologies like integrated sleep tracking, adjustable firmness, and temperature regulation. Bolstered by a robust economy and a high standard of living, German consumers are increasingly turning to premium products. Moreover, with a rising emphasis on health and wellness, there's a heightened awareness among Germans about the vital role of quality sleep in overall well-being.
China dominated the Asia Pacific smart mattress market with market share of around 33% in 2023 and is expected to grow at a CAGR of 3.7% from 2024 to 2032. China's swift urbanization is leading to a surge in its urban population. Renowned for its swift tech adoption and innovation, China nurtures the development and integration of smart technologies across various products, mattresses included. With Chinese consumers readily embracing new tech, there's a pronounced demand for smart mattresses boasting features like sleep tracking and adjustable firmness. Furthermore, China's booming e-commerce landscape, dominated by giants like Alibaba and JD.com, is reshaping retail dynamics. This online shopping surge not only broadens consumer access to diverse smart mattress offerings but also propels market expansion.
Smart Mattress Market Share
The market is fragmented, with several regional companies operating on a global scale. In 2023, the Sleep Number Corporation, Eight Sleep, ReST (Responsive Surface Technology), Tempur Sealy International, Inc., Kingsdown, Inc. led the market. To expand their customer base, broaden their product offerings, and establish a stronger foothold in the market, these corporations strategically deploy mergers, acquisitions, partnerships, and facility expansions. They also leverage their vast distribution networks and resources to investigate new markets.
Smart Mattress Market Companies
Major players operating in the market are:
- Amerisleep
- Casper Sleep Inc.
- Eight Sleep
- Hilding Anders
- iOBED
- Kingsdown, Inc.
- Leesa Sleep
- Nolah Sleep
- Purple Innovation, LLC
- ReST (Responsive Surface Technology)
- Serta Simmons Bedding, LLC
- Sleep Number Corporation
- Tempur Sealy International, Inc.
- Xiaomi
- Zeeq by REM-Fit
Smart Mattress Industry News
- In December 2021, Kingsdown unveiled its revamped Sleep Smart mattress, boasting cutting-edge design upgrades for personalized support. Central to the mattress is Kingsdown's proprietary 3×2-zone air chamber technology, featuring three reinforced support zones on each side for customized comfort. A newly streamlined app further elevates user experience and personalization.
- In January 2020, Tempur Sealy International, Inc. secured an 80% stake in a newly established limited liability company, which holds nearly all assets of Sherwood Bedding. As a leading player in the U.S. private label and OEM bedding market, Sherwood Bedding's majority stake acquisition signifies our strategic entry into the private label domain.
The smart mattress market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Billion) and volume (Million Units) from 2021 to 2032, for the following segments:
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Market, By Product Type
- Foam Mattresses
- Innerspring Mattresses
- Hybrid Mattresses
- Latex Mattress
- Others
Market, By Size
- Small
- Medium
- Large
Market, By Height
- Below 5 inch
- 5 inch - 10 inch
- Above 10 inch
Market, By Firmness Level
- Soft
- Medium
- Firm
Market, By Price Range
- Low
- Medium
- High
Market, By Application
- Residential
- Commercial
Market, By Distribution Channel
- Online
- Offline
The above information is provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Malaysia
- Indonesia
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
- Saudi Arabia
- UAE
Frequently Asked Questions (FAQ) :