The Global Mattresses Market size is expected to reach USD 130.2 billion by 2028, growing at a CAGR of 5.0% during the forecast period from 2021 to 2028. The demand for mattresses is driven by factors such as increasing disposable income and lifestyle changes in emerging economies, which has led to an increase in the number of consumers opting for premium quality sleep products; however, this growth rate is slower than that of other consumer durables due to high cost-to-value ratio and low awareness about health benefits associated with proper sleep posture on mattress type choice among consumers.
Mattresses are bedding made from foam, latex, or spring. Mattresses are primarily used to provide comfort and support for the user. They can also be placed on top of a box spring, as well as an underbed mattress protector or sheets in order to protect them from dust mites, allergens, perspiration stains, accidental spills, and other damaging objects. Mattresses may also be used by people with medical conditions such as allergies (e.g., asthma), arthritis, or chronic pain who may find relief through positioning their body without painful pressure points against the bed's surface; those who suffer from insomnia that could benefit from uninterrupted sleep cycles because they do not have any external stimuli that would interrupt their sleep cycle; those who need a long period of time doing work relating to computers before sleeping.
On the basis of Type, the market is segmented into Innerspring Mattress, Foam Mattress, Latex Mattress, and Others.
The innerspring mattress is the most common type of bed. It consists of an inner layer that supports you and a top layer, made up of many coils that provide bounce when you move around on them. The two together make it more difficult to feel each other’s movements through the mattress. Innerspring mattresses are often used by people who have back problems because they allow for good support with little motion transfer between partners. They also tend to be firmer than foam mattresses and sometimes offer coil counts higher than those found in latex or memory foam beds as well as being cheaper than some luxury models.
Foam Mattresses are made of polyurethane foam and come in a variety of densities. The fabric that encases the mattress is usually cotton, though it can be synthetic as well. Foam mattresses typically have different firmness options which allow for customization based on preference or sleep surface type (e.g., soft vs hard). The top layer provides comfort by conforming to your body shape but also offers enough pressure relief so you don't sink too deep into the bed when sleeping at night while providing support where needed throughout the day from sitting up in bed reading a book to lying down watching TV with someone else who needs similar levels of padding beneath them.
Latex mattresses typically consist of latex foam, a natural product made from the milk protein found in rubber trees. The top layer provides comfort by conforming to your body shape but also offers enough pressure relief so you don't sink too deep into the bed when sleeping at night while providing support where needed throughout the day from sitting up in bed reading a book to lying down watching TV with someone else who needs similar levels of padding beneath them. The main feature of these types is that they are highly durable as well as naturally antimicrobial and hypoallergenic; this makes for easier care and cleaning. Latex doesn't absorb moisture like other mattress materials which means it's less likely to develop mold or mildew due to poor ventilation.
On the basis of Application, the market is segmented into Private Households, Hotels, and Hospitals.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American region contributes about 27% share in the total global mattresses market and is projected to remain dominant until 2024 with revenue of US$33 billion. The Asia Pacific region follows close behind and accounts for a 25% share followed by Latin America which has 22%, Europe with 20%, Middle East & Africa with 11% respectively.
A key factor driving this market growth is increasing disposable income which has led people in emerging economies like India and China to purchase more expensive items such as mattresses for their homes. This will drive up demand from high-end mattress manufacturers. On the other hand, aging population trends coupled with increased life expectancy rates are leading many older adults (aged 50 years or above) who were formerly drivers of global economic growth into retirement; consequently affecting supply-side dynamics by reducing labor force participation levels that have been traditionally used for manufacturing production activity in developing countries such as Bangladesh, Pakistan.
Up Market Research published a new report titled “Mattresses Market research report which is segmented by Types (Innerspring Mattress, Foam Mattress, Latex Mattress, Others), By Applications (Private Households, Hotels, Hospitals, Others), By Players/Companies Serta Simmons Bedding, Tempur Sealy International, Sleep Number, Hilding Anders, Corsicana, Ruf-Betten, Recticel, Derucci, Sleemon, MLILY, Therapedic, Ashley, Breckle, King Koil, Pikolin, Mengshen, Lianle, Airland”.
Report Attributes | Report Details |
Report Title | Mattresses Market Research Report |
By Type | Innerspring Mattress, Foam Mattress, Latex Mattress, Others |
By Application | Private Households, Hotels, Hospitals, Others |
By Companies | Serta Simmons Bedding, Tempur Sealy International, Sleep Number, Hilding Anders, Corsicana, Ruf-Betten, Recticel, Derucci, Sleemon, MLILY, Therapedic, Ashley, Breckle, King Koil, Pikolin, Mengshen, Lianle, Airland |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 246 |
Number of Tables & Figures | 173 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Innerspring Mattress, Foam Mattress, Latex Mattress, Others and By Application Private Households, Hotels, Hospitals, Others.
Some of the companies that are profiled in this report are:
Mattresses Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Mattresses Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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