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Soaring Demand Set to Propel Memory Foam Mattress Market to $8.25 Billion by 2029

11-03-2025 05:24 AM CET | Chemicals & Materials

Press release from: The Business Research Company

Memory Foam Mattress Market

Memory Foam Mattress Market

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What Is the Expected CAGR for the Memory Foam Mattress Market Through 2025?
The memory foam mattress market has experienced strong growth in recent years. Its value will rise from $5.74 billion in 2024 to $6.18 billion in 2025, reflecting a CAGR of 7.5%. Historical growth was shaped by environmental concerns, sustainability initiatives, demographic shifts, celebrity endorsements, and market expansion.

What's the Projected Size of the Global Memory Foam Mattress Market by 2029?
The market for memory foam mattresses is predicted to experience robust growth in the upcoming years, reaching a value of $8.25 billion in 2029 with a compound annual growth rate (CAGR) of 7.5%. Factors contributing to this projected growth in the forecast period include increased incidence of sleep disorders, shifts in the housing market, the growth of e-commerce, health and wellness movements, and improvements in education. Key market trends during this period are expected to consist of the integration of smart technology, improved cooling features, an emphasis on sleep hygiene, heightened competition stimulating innovation, and the development of hybrid models.

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Top Growth Drivers in the Memory Foam Mattress Industry: What's Accelerating the Market?
The rise of e-commerce is projected to stimulate the growth of the memory foam mattress industry. E-commerce, a system of buying and selling goods and services via the internet, has seen rapid expansion driven by a surge in internet utilization, convenience, and an increasing predilection for online shopping. With e-commerce, consumers can effortlessly peruse a broad assortment of memory foam mattresses from their homes, comparing prices and features before making a purchase. For example, the Census Bureau of the Department of Commerce, a US government department, stated that e-commerce sales soared by 7.5% in the last quarter of 2023, compared to the same timeframe in 2022. Consequently, the bourgeoning e-commerce industry is powering the growth of the memory foam mattress market.

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What Trends Will Shape the Memory Foam Mattress Market Through 2029 and Beyond?
Leading firms in the memory foam mattress market are concentrating their efforts on creating state-of-the-art products like cooling technology mattresses to enhance their competitive standing. These innovative bedding products are specifically crafted to tackle the problem of overheating during sleep by using breakthrough materials and technologies that control temperature and amplify thermal comfortability while asleep. Malouf Home, a US-based company specializing in bedding and furniture, launched two groundbreaking products in the United States market in February 2024, one of which is the FlexFill Pillow coupled with a HyperChill cover. This pillow, filled with down alternative and shredded memory foam, has a conventional feel and includes a HyperChill cover that offers a coveted cooling effect. The HyperChill cooling gel infusion efficiently controls temperature and dissipates warmth, ensuring a cooler and more comfortable sleeping setting. The design of the pillow aims to boost the overall sleeping experience by furnishing both support and temperature regulation, making it the perfect accessory for a memory foam mattress known for its contouring features.

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 Top Companies are Driving Growth in the Memory Foam Mattress Market?
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 Regions Will Dominate the Memory Foam Mattress Market Through 2029?
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.

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3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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