Mattress Market Size Worth $76.31 Billion By 2032 | CAGR: 6.4%

Mattress Market Size Worth $76.31 Billion By 2032 | CAGR: 6.4%

The global mattress market size is expected to reach USD 76.31 billion by 2032, according to a new study by Polaris Market Research. The report “Mattress Market Share, Size, Trends, Industry Analysis Report, By Type (Innerspring, Foam, Hybrid, and Others); By Size; By End-Use; By Distribution Channel; By Region; Segment Forecast, 2024-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rapid increase in the number of housing constructions globally, the rising consumer expenditure on home furnishings & bedding products, and the rise in the number of single-occupancy homes and nuclear families are among the prominent factors driving the growth of the market. Moreover, the emerging trend of sleeping late has been significantly causing various sleep deprivation and mental discomfort. It has encouraged individuals to opt for innovative and feature mattresses that are being introduced by major manufacturers, propelling the market's demand and growth.

For instance, in September 2022, Centuary Mattress introduced its new eco-friendly mattress collection called “The Fantastic.” The new range is powered by the latest Copper Gel Technology, which supports the back and ensures a comfortable night’s sleep.

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In recent years, customizable mattresses have been in trend, as these products offer various pre-determined options, including height, firmness, toppers, and designs. Additionally, companies providing customization options allow customers to rearrange as per their preferred comfort level. 

The industry has recently evolved manifold and has seen the involvement of various new start-ups, bringing innovations such as roll-backing, inner spring beds, compressing, alternative foam, latex alternative foam, and pocketed spring technology. Additionally, new players and existing industry participants are noticing a significant rise in investments toward creating eco-friendly mattresses made from readily available and natural materials, offering huge growth opportunities for the market.

Mattress Market Report Highlights

  • Foam segment accounted for largest market share in 2022, which is mainly driven by its several beneficial features including resistance to allergens and pressure point relief
  • King size mattress segment is projected to grow at a significant CAGR over the study period, on account for its high prevalence among consumers who loved to sleep in larger space
  • Household segment dominated the global market in 2022, which is accelerated by increasing consumer spending capacity and awareness towards the positive impact on body structure
  • Offline segment held the majority market revenue share in 2022, owing to easy availability of mattresses from various international brands in supermarkets and hypermarkets
  • Asia Pacific region accounted for maximum market share, on account of large consumer base in countries like India and China and presence of large manufacturers in the region
  • The global key market players include Serta Simmons Bedding, Sleep Number Corporation, Tempur Sealy International, Paramount Bed Holdings, and American National Manufacturing

Polaris Market Research has segmented the mattress market report based on type, size, end-use, distribution channel, and region:

Mattress, Type Outlook (Revenue - USD Billion, 2019 - 2032)

  • Innerspring
  • Foam
  • Hybrid
  • Others

Mattress, Size Outlook (Revenue - USD Billion, 2019 - 2032)

  • Single
  • Double
  • King
  • Queen

Mattress, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)

  • Household
  • Commercial

Mattress, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)

  • Offline
  • Online

Mattress, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa