Press release
Key Memory Foam Mattress Market Trend for 2025-2034: Innovative Cooling Technology Mattresses Revolutionize Sleep Comfort
What Is the Future Outlook for the Memory Foam Mattress Market's Size and Growth Rate?The memory foam mattress market is expected to grow strongly from $5.74 billion in 2024 to $6.24 billion in 2025, at a CAGR of 8.6%. Growth is driven by environmental concerns, sustainability, changing demographics, celebrity endorsements, and market expansion.
Memory Foam Mattress Market: Expected to grow to $8.58 billion by 2029 at a CAGR of 8.3%. Growth is attributed to sleep disorders, e-commerce, and health trends. Trends include smart technology, cooling properties, hybrid designs, and innovation driven by competition.
What Is Stimulating Growth in the Memory Foam Mattress Market?
The growth of e-commerce is expected to drive the expansion of the memory foam mattress market. E-commerce, which involves online buying and selling, has grown due to increased internet access and a preference for online shopping. E-commerce allows consumers to easily compare memory foam mattress prices and specifications before purchasing. For instance, in February 2024, the US Census Bureau reported a 7.5% increase in e-commerce sales in the fourth quarter of 2023 compared to the previous year. Thus, the expansion of e-commerce is fueling the growth of the memory foam mattress market.
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Which Key Market Leaders Are Driving Memory Foam Mattress Industry Growth?
Major companies operating in the memory foam mattress market report are Leggett & Platt Inc.; Tempur Sealy International Inc.; Sleep Number Corporation; Serta Inc.; Hilding Anders International AB; Dorel Industries Inc.; Sinomax Group Limited; Sheela Foam Limited; Corsicana Bedding Inc.; Wakefit Innovations Pvt. Ltd.; Restonic Mattress Corporation; Zinus Inc.; Tuft & Needle LLC; Kurlon Enterprise Ltd.; Nectar Sleep Ltd.; Peps Industries Private Limited; King Koil; Brooklyn Bedding; Amerisleep LLC; Centuary Fibre Plates Pvt .Ltd.; DeRUCCI International Holdings Limited; Sleep Management Pvt. Ltd.; Novosbed Inc.; Duroflex Private Limited
Which Key Developments Are Influencing the Memory Foam Mattress Market?
In the memory foam mattress market, companies are focusing on cooling technology mattresses to gain a competitive advantage. These mattresses incorporate advanced materials to regulate temperature and enhance sleep comfort. For example, in February 2024, Malouf Home, a US-based bedding company, launched the FlexFill Pillow with a HyperChill cover. This pillow features a cooling gel infusion and a HyperChill cover to provide temperature control, promoting a cooler and more comfortable sleep experience, making it ideal for use with contouring memory foam mattresses.
What Are the Main Segments in the Memory Foam Mattress Market?
The memory foam mattress market covered in this report is segmented -
1) By Type: Below 10 Centimeter, 10-30 Centimeter, Above 30 Centimeter
2) By Size: Twin, Twin Extra Large, Full Size, Other Sizes
3) By Applications: Residential Use, Commercial Use
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Which Geographic Area Leads the Memory Foam Mattress Market?
Asia-Pacific was the largest region in the memory foam mattress market in 2024. The regions covered in the memory foam mattress market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Memory Foam Mattress Global Market Report?
- Market Size Analysis: Analyze the Memory Foam Mattress Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Memory Foam Mattress Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Memory Foam Mattress Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Memory Foam Mattress Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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