Global Mattress Market Size To Worth USD 75.11 Billion By 2033 | CAGR of 5.01%
Category: Consumer GoodsGlobal Mattress Market Size To Worth USD 75.11 Billion By 2033
According to a Research Report Published By Spherical Insights & Consulting, the Global Mattress Market Size Was Valued at USD 46.07 Billion in 2023 and is Expected to reach USD 75.11 Billion By 2033, Growing at a CAGR of 5.01% from 2023 to 2033
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Browse key industry insights spread across 230 pages with 122 Market data tables and figures & charts from the report on the "Global Mattress Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Innerspring, Foam, and Hybrid), By Size (Queen, Twin, Full, and Others), By Application (Household, Hospitality, Healthcare, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/mattress-market
The mattress industry includes the manufacture, distribution, and retail of mattresses, which are basic domestic products offering support, comfort, and pressure relief for better sleep quality, and are applied for domestic and business use. Mattress manufacturers have begun to provide both offline and online sales channels in response to shifting consumer demands.
It has been observed that some of the drivers pushing the market include the increase in respiratory issues, increased disposable income among the younger generation, and their increased focus on health. The World Bank Group, which is a government agency comprising five institutes, estimated in 2021 that 55% of the global population would reside in urban areas. Increased disposable incomes, changing family structures, and population growth are some of the forces driving housing units worldwide, and all are positively affecting the trends in the global mattress sector. Despite this, there are additional challenges facing the mattress sector as well. Variations in the raw material price for materials like foam, latex, and springs may affect manufacturers' cost bases, which can in turn affect price and margins.
The foam segment held a dominant share in 2023 and is expected to grow at a notable CAGR during the forecast period.
Based on the product type, the mattress market is segmented into innerspring, foam, and hybrid. Among these, the foam segment held a dominant share in 2023 and is expected to grow at a notable CAGR during the forecast period. The enhanced attributes are due to their outstanding consolation and assistance. Memory foam's viscoelastic qualities allow it to adjust to the curves of the body, releasing pressure spots and creating a cozy sleeping surface.
The queen segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period.
Based on the size, the global mattress market is divided into queen, twin, full, and others. Among these, the queen dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is due to they can comfortably accommodate two people and are versatile in terms of firmness and durability. These are less expensive than their king-size counterparts and are ideal for kids, adults, or guests.
The household segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period.
Based on the application, the global mattress market is categorized into household, hospitality, healthcare, and others. Among these, the household segment dominated the market in 2023 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is due to the growing consumer desire for restful sleep and the growing significance of health and wellness in living environments. Particularly as a result of recent worldwide changes like the push toward remote workplace services, people are spending more time at home.
North America is anticipated to hold the largest share of the global mattress market over the projected timeframe.
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North America is anticipated to hold the largest share of the global mattress market over the predicted timeframe. This can be attributed to consumer expenditure on specialty and high-end mattresses, which is fueled by a growing consciousness of the importance of sleep for overall health and well-being. Sales are further accelerated by the growing trend of demand for luxury and high-end goods, particularly in the US.
Asia-Pacific is expected to grow at a rapid CAGR in the mattress market during the forecast period. The Asia-Pacific mattress market is growing due to urbanization, growing health consciousness, increased disposable incomes, and the growth of the real estate and hospitality industries.
Major key players in the mattress market include Sleep Number Corp, Kingsdown, Inc., Southerland Sleep, Hastens Ltd, Casper Sleep, Silentnight Group Limited, Emma, Paramount Bed Holdings Co. Ltd, Grupo Pikolin, Suibao Group, Greiner AG, Sheela Foam Ltd, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
- In January 2025, Cosidream launched two innovative mattresses, BambooBreeze™ and Snowflake, designed to transform the way people sleep by blending cutting-edge technology with the soothing beauty of nature.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global mattress market based on the below-mentioned segments:
Global Mattress Market, By Product Type
- Innersprings
- Foam
- Hybrid
Global Mattress Market, By Size
- Queen
- Twin
- Full
- Others
Global Mattress Market, By Application
- Household
- Hospitality
- Healthcare
- Others
Global Mattress Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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