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Report Overview
The global mattress market attained a value of approximately USD 35.13 Billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 6.90%, reaching a value of around USD 64.04 Billion by 2032.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
- Currently, 54% of consumers opt for online mattress purchases over in-store shopping, a significant increase from 45% in 2018.
- Mattress Firm is the leading online mattress retailer, followed by Purple, Leesa, Saatva, and Casper.
- As per industry reports, most consumers (66%) prioritise buying from brands that offer organic, fair trade, or vegan mattresses.
Leading Companies in the Mattress Market
Market players are investing in eco-friendly and multi-functional mattresses to cater to the growing demand for sustainable products
Tempur Sealy International, Inc. is the world's largest bedding provider, founded in 1992 and headquartered in Minnesota, United States. The company offers mattresses, adjustable bases, pillows, and other sleep and relaxation products. Its portfolio includes well-known brands such as Tempur, Tempur-Pedic, Cocoon by Sealy, Sealy, and Stearns & Foster.
Serta Simmons Bedding, LLC was founded in 1987 and is headquartered in Minnesota, United States. The company focuses on developing next-generation mattresses that are CERTIPUR-US certified. Its product range includes mattresses of various sizes, with a notable line being Beautyrest Black, which features trend-right design, luxury materials, and premium performance.
Spring Air International was established in 1883 and is headquartered in Missouri, United States. The company is recognised for its innovative mattresses and sleep sets. It offers mattress with button-free technology, quilted surfaces, and extra-supportive bedding materials.
Kingsdown, Inc. is a handcrafted mattress manufacturer founded in 1904 and headquartered in North Carolina, United States. The company has expanded globally and is known for its stringent quality standards. Its notable products include Sleep to Live Institute and the Body Perfect Sleep System.
Other key players in the global mattress market include Southerland, Inc and Sleep Number Corporation, among others.
Mattress Market Report Snapshots
Mattress Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the mattress market reached an approximate value of USD 35.13 Billion.
The market is expected to grow at a CAGR of 6.90% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 64.04 Billion by 2032.
The major drivers of the market include the growing urbanisation, rising disposable incomes, and rapid development of the healthcare and hospitality sectors.
Key trends aiding market expansion include the increasing demand from the real estate market to serve the housing requirements, rising use of organic materials and cooling technologies in mattresses, and spread of stores and outlets specialising in mattresses.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Innerspring mattresses, memory foam mattresses, latex mattresses, and airbed mattresses, among others are the dominant products in the market.
Mattresses are commonly used in household and commercial sectors.
Offline retail and online retail are the leading distribution channels in this market.
Key players in the market are Tempur Sealy International, Inc., Serta Simmons Bedding, LLC., Spring Air International, Kingsdown, Inc., Southerland, Inc and Sleep Number Corporation, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124