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The global mattress market attained a value of approximately USD 35.13 Billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 6.90%, reaching a value of around USD 64.04 Billion by 2032.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2024-2032
Mattress Market Outlook
*this image is indicative*
Global Mattress Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 35.13 |
Market Size 2032 | USD Billion | 64.04 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 6.9% |
CAGR 2024-2032 - Market by Region | Asia Pacific | 7.7% |
CAGR 2024-2032 - Market by Country | India | 7.9% |
CAGR 2024-2032 - Market by Country | China | 7.4% |
CAGR 2024-2032 - Market by Application | Household | 7.5% |
CAGR 2024-2032 - Market by Distribution Channel | Online Retail | 9.4% |
Market Share by Country 2023 | Brazil | 2.6% |
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A mattress is a rectangular pad designed to be used as a bed or as a part of a bed to support the reclining body. Mattresses may consist of a quilted or attached case and generally a heavy cloth, containing products like hair, straw, cotton, foam rubber, or a metal spring frame. A mattress topper is often added to complement the comfort provided by the mattresses.
The development of the healthcare and hospitality sectors is one of the main factors contributing to the mattress market expansion. Rising disposable incomes along with an increase in global homeownership are other factors that can boost the demand for mattresses over the forecast period. This is because increasing demand from the real estate industry to serve the housing requirements has resulted in a rise in the sale of home furniture such as mattresses, pillowcases, and bed linen, thus, aiding in the market growth.
Development of custom made mattresses, rising use of organic fabrics in mattresses, and increasing adoption of marketing strategies by companies are factors shaping the mattress market outlook.
Emma Sleep, an iconic Australian mattress brand, has launched its EOFY sale, offering up to 66% off best-selling products, like the Comfort Adapt and Luxe Breeze. This strategic move aims to drive sales of quality mattresses.
Wakefit, a direct-to-consumer mattress and furniture maker, has launched India's first AI-powered sleep solutions, Regul8 and Track8. Regul8 is a mattress temperature controller, while Track8 is a non-wearable sleep tracker providing detailed insights into sleep patterns.
Spring Air to launch Four Seasons collection at Winter Las Vegas Market. The new line will feature five mattresses with advanced materials like Joma wool, serene foam, and Talalay latex, designed for year-round temperature regulation.
Spring Air International expanded its international network by signing a deal with Irish manufacturer Briody Bedding Limited to cover the consumer’s demand for sleep solutions in Republic of Ireland and Northern Ireland.
The market share is also growing due to the robust marketing strategies adopted by major players, like discounts, offers, and sales, which are expected to bring further stability to the market. The availability of different mattress sizes and types, to suit the demands of the consumers is driving the market growth further. Expansion of stores and outlets specialising in mattresses and growing penetration of online distribution channels are other factors propelling the mattress market growth.
Moreover, the rising standards of 5-star and 7-star hotels in hospitality industry are further fuelling the demand for high-quality mattresses as these hotels are investing in premium mattresses to bolster the comfort of occupants. In addition, rising investments in healthcare infrastructure in countries worldwide are increasing the demand for mattresses. Hospitals as well as other healthcare treatment facilities typically have beds with specialised mattresses to examine patients and for patients requiring overnight stay within hospital premises.
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The EMR’s report titled “Mattress Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by Application
Market Breakup by Distribution Channel
Market Breakup by Region
CAGR 2024-2032 - Market by | Country |
India | 7.9% |
China | 7.4% |
Saudi Arabia | 7.4% |
Mexico | 7.3% |
UK | 6.8% |
USA | 6.5% |
Canada | XX% |
Germany | XX% |
France | XX% |
Japan | XX% |
Australia | XX% |
Brazil | XX% |
Italy | 6.2% |
Households use mattresses on a large scale for elevating their sleeping comfort
The household segment accounts for the largest share of the market. This segment includes mattresses used in residential settings, such as homes and apartments. The demand for household mattresses is driven by several factors, including increasing disposable income, growing awareness of sleep quality, rising back ache issues, and the expansion of online retail.
Companies like Tempur-Pedic and Sleep Number have seen significant growth in their household mattress sales due to their focus on providing high-quality and comfortable mattresses. Similarly, online retailers like Casper and Purple have disrupted the traditional mattress market by offering affordable, high-quality orthopaedic mattresses directly to consumers.
The commercial segment includes mattresses used in hotels, hospitals, and other institutional settings. This segment is driven by factors such as the growing hospitality industry, increasing focus on customer experience, and rising number of patients in hospitals. For instance, hotels like Marriott and Hilton have invested in high-quality mattresses to enhance customer satisfaction and loyalty. Similarly, hospitals and healthcare facilities prioritise mattresses that provide optimal back support and comfort for patients, driving demand for commercial mattresses.
Innerspring mattresses have a strong presence due to their widespread familiarity, while memory foam mattresses dominate due to consumer preferences for advanced support
Innerspring mattresses are the traditional mattress type, featuring a coil system that provides support and comfort. As per mattress market analysis, this segment accounts for a significant portion of the market, driven by consumer familiarity and preference for the classic innerspring design.
Memory foam mattresses have gained immense popularity in recent years due to their ability to conform to the body's shape, providing pressure liberation, relief from back ache, and improved sleep quality. This segment has experienced robust growth, catering to consumer demand for advanced comfort and support. Reportedly, a significant proportion of consumers (66%) believe that memory foam mattresses are the best type of foam available.
Latex mattresses are known for their natural, eco-friendly properties and responsive support. This segment appeals to consumers seeking more sustainable and healthier sleep solutions. Latex mattresses have witnessed steady growth as consumers have become more conscious of their environmental impact.
Market players are investing in eco-friendly and multi-functional mattresses to cater to the growing demand for sustainable products
Is the world's largest bedding provider, founded in 1992 and headquartered in Minnesota, United States. The company offers mattresses, adjustable bases, pillows, and other sleep and relaxation products. Its portfolio includes well-known brands such as Tempur, Tempur-Pedic, Cocoon by Sealy, Sealy, and Stearns & Foster.
Was founded in 1987 and is headquartered in Minnesota, United States. The company focuses on developing next-g...
Was established in 1883 and is headquartered in Missouri, United States. The company is recognised for its inn...
Is a handcrafted mattress manufacturer founded in 1904 and headquartered in North Carolina, United States. The...
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the global mattress market include Southerland, Inc and Sleep Number Corporation, among others.
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Asia Pacific leads the market due to rising demand for comfortable mattresses among middle class population of the region
Asia Pacific dominates the share of the market, driven by the region's substantial population and economic growth. Key factors such as urbanisation, rising export levels, the expanding middle class, and heightened spending on premium mattresses have been instrumental in the market's expansion. As per industry reports, Japan exported USD 41.1 million in mattresses in 2021, making it the 48th largest exporter of mattresses in the world.
The mattress market in Asia Pacific is also expected to be shaped by technological innovations, such as smart mattresses with sensors and cooling technology. For example, Saatva introduced the Memory Foam Hybrid Mattress in 2022 to broaden its customer base.
Meanwhile, North America’s market share is growing due to the rise in single-family home construction, increased home renovations, and growing consumer awareness of the importance of quality sleep and healthy sleep habits. The work-from-home trend during the COVID-19 pandemic has also led many consumers to invest in upgrading their mattresses and sleep setups. As per industry reports, 16.8 million mattresses were sold in the US in 2023, showcasing the rising demand for mattresses.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the mattress market reached an approximate value of USD 35.13 Billion.
The market is expected to grow at a CAGR of 6.90% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 64.04 Billion by 2032.
The major drivers of the market include the growing urbanisation, rising disposable incomes, and rapid development of the healthcare and hospitality sectors.
Key trends aiding market expansion include the increasing demand from the real estate market to serve the housing requirements, rising use of organic materials and cooling technologies in mattresses, and spread of stores and outlets specialising in mattresses.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Innerspring mattresses, memory foam mattresses, latex mattresses, and airbed mattresses, among others are the dominant products in the market.
Mattresses are commonly used in household and commercial sectors.
Offline retail and online retail are the leading distribution channels in this market.
Key players in the market are Tempur Sealy International, Inc., Serta Simmons Bedding, LLC., Spring Air International, Kingsdown, Inc., Southerland, Inc and Sleep Number Corporation, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Application |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Vietnam
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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