Japan Mattress Market Insights Forecasts to 2032

• The Japan Mattress Market Size was valued at USD multimillion in 2022.
• The market is growing at a CAGR of 6.2% from 2022 to 2032.

The Japan Mattress Market Size was valued at USD multimillion in 2022 and is expected to grow at a CAGR of 6.2% during the forecast period (2022-2032)

Market Overview

As the fourth-highest revenue-generating nation, Japan has become a significant production institute for the manufacture of mattresses. Because of Japan's expanding population, rising income levels, and thriving housing market, the mattress business in Japan has grown quickly. The development of global trade in the present day is one of the other main causes. Urbanization is one of the important elements allowing and driving the demand shift since customers are requesting eco-friendly mattresses, mattresses with innovative technologies, etc. Mattresses, bedroom furniture, and other items are in high demand since 91.7% of the world's population lives in cities and other metropolitan regions. Smart mattress adoption and upgrading to new mattresses increase competitiveness inside the organization. As COVID, urbanization, and other factors force people to embrace new bedding and mattresses, innovation and technical improvement are gaining momentum.

Report Coverage

This research report categorizes the market of Japan mattress market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan mattress market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Japan mattress market.

Driving Factors

The market is primarily being driven by rising disposable income and a changing lifestyle. The expansion of organized retail and end-user industries including housing, hospitality, and healthcare boost the market for mattresses and home textiles in Japan. The demand for sleeping goods like mattresses first decreased. However, more and more individuals are remaining at their houses because of work-from-home opportunities and social isolation strategies. Social media and other internet platforms were used more often than ever. People are now spending even non-sleeping hours on their mattresses as houses have started to become the new centers for business and family time. The demand for high-quality mattresses is growing as a result of these causes. Also, with the outbreak of the COVID-19 pandemic, there has been a rapid decline in the growth of the mattress market. Moreover, Due to changing lifestyles and an increase in sleep problems, customers place a high value on functional and healthful mattresses. The Japanese mattress industry is expected to expand as more people replace their mattresses.

Restraining Factors

Japan's mattress industry is still affected by factors, such as the speed of renovation of existing houses, expansion of new houses, and innovation in traditional sleep concepts.

Market Segment

• In 2022, spring mattresses is dominating the market with the largest market share over the forecast period.

Based on the type, the Japan mattress market is segmented into spring mattresses, memory foam mattresses, latex mattresses, and other mattresses. Among these segments, spring mattresses are the largest market share during the forecast period. Spring mattresses are popular and widely used around the world. They typically consist of a core of metal coils or springs that provide support and bounce to the sleeper. This type of mattress is known for its durability and good airflow.

• In 2022, the online segment is witnessing a higher growth rate during the forecast period

Based on the distribution channels, the Japan mattress market is bifurcated into online, and offline. Among these, the online segment is expected to have a higher market share value during the forecast period owing to the online distribution channel has been gaining popularity in recent years, offering convenience and a wide range of options to consumers. Online mattress retailers provide the advantage of browsing and purchasing mattresses from the comfort of one's home, along with the convenience of home delivery. Online channels also enable customers to access customer reviews, compare prices, and explore different brands and models.

• In 2022, the residential segment is witnessing a higher growth rate during the forecast period

Based on end users, the Japan mattress market is segmented into commercial and residential. Among these, the residential held the largest market share during the forecast period due to the residential segment referring to mattresses purchased for personal use in homes, apartments, and other residential settings. This segment is typically influenced by factors such as individual preferences, comfort, and aesthetics. Residential mattress purchases are driven by the need for a good night's sleep, and consumers often consider factors like mattress size, comfort level, durability, and price.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan mattress market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Simmons Co. Ltd.
• Sleep Select Co. Ltd.
• Union Bed Seizo K.K
• National Hatsujo K.K.
• Molten Medical K.K.
• Mikkabi Kogyo K.K.
• Rubic JP K.K.
• Tokyo Spring Industry Co. Ltd.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In March 2020, the Chinese mattress company SLEEMON unveiled their most recent line of antimicrobial mattresses, which are now available in Japan. This line of mattresses incorporates Swiss-Sanitized Anti-Mite Technology and American DuPont Intellifresh Technology, both of which are top-notch, certified antibacterial, and hygienic solutions.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2022 to 2032. Spherical Insights has segmented the Japan mattress market based on the below-mentioned segments:

Japan mattress market, By Type

• Spring Mattresses
• Memory Foam Mattresses
• Latex Mattresses
• Other Mattresses

Japan mattress market, By Distribution channel

• Online
• Offline

Japan mattress market, By Distribution channel

• Commercial
• Residential