Press release
Global Mattress Market Projected to Reach USD 88.09 Billion by 2034, Growing at a CAGR of 6.6%
Mattress Market
The report examines the market to exhibit a CAGR of 6.6% from 2025-2034. The market was valued at USD 46.60 billion in 2024 and is projected to grow to USD 88.09 billion by 2034.
Market Introduction:
The mattress market encompasses a wide variety of sleep products designed to provide comfort, support, and health benefits during rest. Mattresses come in several types, including innerspring, memory foam, latex, hybrid, and airbeds. Each of these mattress types offers unique characteristics suited to different sleep preferences and body types. Memory foam mattresses are known for their ability to conform to the body and relieve pressure points. Innerspring mattresses, on the other hand, provide traditional bounce and strong support. Hybrid mattresses combine elements of both foam and coils for balanced comfort. The mattress plays a critical role in sleep quality, spinal alignment, and overall well-being.
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Market Dynamics:
Increasing Health Awareness and Focus on Sleep Quality: Consumers globally are becoming increasingly aware of the negative effects of insufficient or poor-quality sleep on both mental and physical well-being. This increased awareness has fueled the demand for mattresses that offer enhanced comfort and advanced ergonomic support. Thus, the increasing health awareness and focus on sleep quality are fueling the mattress market growth.
Rising Disposable Incomes: The rise in disposable income across various economies is another factor fueling market development. The increased disposable income allows consumers to invest in higher-quality, more advanced, and often more expensive mattresses. Consumers globally are increasingly upgrading from basic bedding to premium memory and flexible foam, hybrid, or smart mattresses.
Market Key Players:
The market is characterized by intense competition. It features both established players and emerging brands. A few of the major market players are:
• Duroflex Pvt. Ltd.
• Kingsdown Inc.
• Kurlon Enterprise Ltd.
• Peps Industries Private Limited
• Sealy (Tempur Sealy International, Inc.)
• Serta (Serta Simmons Ashley Furniture
• Bedding LLC)
• Sleep Number
• The Sleep Company
• Wakefit
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Mattress Industry Developments:
February 2025: Tempur Sealy International, Inc. revealed plans to rebrand as Somnigroup International Inc. following the successful acquisition of Mattress Firm. The new name reflects the company's expanded global omnichannel strategy and its evolution into a comprehensive sleep solutions provider.
January 2025: Serta Simmons Bedding LLC introduced its new Beautyrest and Beautyrest World Class collections. This significant product launch aims to strengthen the company's brand portfolio by offering mattresses at multiple price points, catering to a broader range of consumers.
Market Segmentation:
By Type Outlook (Revenue - USD Billion, 2020-2034)
• Innerspring
• Foam
• Hybrid
• Others
By Size Outlook (Revenue - USD Billion, 2020-2034)
• Single
• Double
• Queen
• King
By End Use Outlook (Revenue - USD Billion, 2020-2034)
• Household
• Commercial
By Distribution Channel Outlook (Revenue - USD Billion, 2020-2034)
• Offline
• Online
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Regional Assessment:
North America accounts for a substantial share of the global market. This is primarily due to the region's mature economy and high disposable incomes. The established consumer culture prioritizing comfort and sleep quality in North America further contributes to its major market share.
Asia Pacific is registering the highest growth rate. The rapid market expansion is fueled by significant economic growth and increasing urbanization. The burgeoning middle-class population with rising disposable incomes also drives the regional market growth.
• North America
o US
o Canada
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Netherlands
o Russia
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Malaysia
o Suth Korea
o Indnesia
o Australia
o Vietnam
o Rest of Asia-Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Israel
o Suth Africa
o Rest of Middle East & Africa
• Latin America
o Mexic
o Brazil
o Argentina
o Rest of Latin America
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