Press release
Prominent Memory Foam Mattress Market Trend for 2025: Innovative Cooling Technology Mattresses Revolutionize Sleep Comfort
What market dynamics are playing a key role in accelerating the growth of the memory foam mattress market?The growth of the memory foam mattress market is projected to be fuelled by the surge in e-commerce. E-commerce, which involves the digital transfer of money or data for buying and selling of products and services over the Internet, is growing due to factors like increased internet penetration, convenience, and an escalating preference towards online shopping. By presenting a broad range of memory foam mattresses, e-commerce platforms allow shoppers to evaluate costs and features at their convenience before making a purchase. As an illustration, in February 2024, the Department of Commerce's Census Bureau, a US government department, reported a 7.5% increase in e-commerce sales in the last quarter of 2023 when juxtaposed with the corresponding period in 2022. Consequently, the rise of e-commerce is significantly propelling the memory foam mattress market expansion.
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How will the growth rate of the memory foam mattress market shape industry trends by 2034?
In recent years, the market size for memory foam mattresses has seen robust growth. Expected to expand from $5.74 billion in 2024 to $6.24 billion in 2025, it's projected to have a compound annual growth rate (CAGR) of 8.6%. Reasons for growth during the historical period include environmental consciousness, sustainability factors, demographic changes, the power of celebrity endorsements, and overall growth of the market.
We anticipate robust expansion in the memory foam mattress industry over the coming years, with market size predicted to reach $8.58 billion in 2029, boasting a compound annual growth rate (CAGR) of 8.3%. Factors contributing to this expected growth during the forecast period include increasing sleep disorders, trends in the housing market, the proliferation of e-commerce, rising health and wellness consciousness, and educational factors. The forecast period is set to witness significant trends such as the incorporation of smart technology, advanced cooling features, an emphasis on sleep hygiene, amplified competition which promotes innovation, and the emergence of hybrid designs.
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What trends are poised to drive the future success of the memory foam mattress market?
Leading businesses in the memory foam mattress industry are focusing on creating innovative products like cooling technology mattresses to gain an advantage in the competitive market. Cooling technology mattresses are cutting-edge bedding items designed to alleviate the problem of overheating during sleep using advanced materials and technologies for temperature control and improved thermal comfort. For instance, Malouf Home, a US-based bedding and furniture company, introduced two new products in the US market in February 2024 - the FlexFill Pillow with a HyperChill cover. The FlexFill Pillow with HyperChill cover offers a traditional feel of down alternative and shredded memory foam filler while featuring a cool-touch HyperChill cover that gives a coveted cooling sensation. The HyperChill cooling gel infusion helps control temperature and eliminate heat, resulting in a cooler and more comfortable sleep environment. The unique design of the pillow aims to enhance the overall sleep experience by offering both support and temperature regulation, making it an ideal companion for a memory foam mattress known for its moulding abilities.
Which primary segments of the memory foam mattress market are driving growth and industry transformations?
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 geographical regions are pioneering growth in 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.
Who are the influential players reshaping the memory foam mattress market landscape?
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
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What Is Covered In The Memory Foam Mattress Global Market Report?
•Market Size Forecast: Examine the memory foam mattress market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the memory foam mattress market for a structured understanding.
•Key Players Overview: Analyze major players in the memory foam mattress market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the memory foam mattress market.
•Segment Contributions: Evaluate how different segments drive overall growth in the memory foam mattress market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the memory foam mattress market.
•Industry Challenges: Identify potential risks and obstacles affecting the memory foam mattress market.
•Competitive Landscape: Review strategic developments in the memory foam mattress market, including expansions, agreements, and new product launches.
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