Introduction of the Mattress Market Report

Mattress refers to a large rectangular pad for supporting the reclining body and is mostly used as a bed or on a bed frame. The mattresses might consist of a quilted or fastened case and contains different materials such as cotton, foam rubber, metal springs, and other items.

To have an edge over the competition by knowing the market dynamics and current trends of “Mattress Market,” request for Sample Report here

Market Dynamic

Key Drivers and Emerging Trends

The global mattress market is predicted to witness an upsurge in demand during the forecast period. This is mainly due to the rising income level and health consciousness, along with the expansion of the real estate and hospitality sector. Moreover, the significant shift in the consumer’s preference towards comfort and functionality of the product is further driving the growth of the mattress market share in terms of revenue. With the changing times, the leading companies in the market, including online and offline retailers, are implementing attractive strategies to offer better satisfaction to their target audience. The demand for customized and luxury mattresses is increasing in the market as the organization is coming up with new technologies to use their resource and technologies better.

As per the mattress industry analysis, the private and government sectors are investing in the healthcare sector to develop infrastructure and expand healthcare facilities. For example, as per the Indian government’s flagship program of Pradhan Mantri Jan Aarogya Yojana, all the hospitals under the Ayushman Bharat scheme will be provided with viability gap funding of up to 40% of the total project cost. Thus, this factor will increase the acquisition of more beds and mattresses for government and semi-government hospitals in the coming years. Furthermore, the growing incidences of the back problem caused due to the uncomfortable sleeping surfaces are playing a major role in increasing the demand for specialty mattress such as airbed, waterbed, and foam-based mattresses. The wide availability of different types of mattress and affordable price range is opening new doors for market growth. For example, Serta Inc., launched the iComfort hybrid mattress with TempActiv cooling technology and a new coil support system, which helps in infusing copper into materials such as natural latex. Hotels are the largest end-users of mattress in the commercial segment as they change the mattress more often as compared to the residential users. The residential user replaces their mattresses in 9-10 years, however, the hospitality sector changes their mattress in maximum 5-6 years. For example, King Koil offers mattresses to premium hotels such as Hyatt Regency, Westin Hotels & Resorts, and Le Meridien. All these factors are responsible for the growth of the market size in the coming years.

Do you want to know more about the Research process and detailed Methodology, Request Research Methodology of this report

Product- Segment Analysis

Based on the Product, the innerspring segment is predicted to dominate the global mattress market during the forecast period. The rising cases of back problems related to uncomfortable sleeping surfaces is one of the biggest factors that is surging the demand of the segment in the market. Countries such as India, China, and Brazil, are witnessing an increase in the number of affluent consumers who are looking for a premium mattress with innerspring technology. On the other hand, the memory foam segment is expected to grow at a faster CAGR during the forecast period. The ability of memory foam to relieve pressure on painful joints is a major factor that is increasing the demand of the segment. For example, Casper offers a transitional layer with two types of poly-foam: a softer one at the ends of the bed for pressure relief and the firmer one to support the lumbar region, thereby offering complete head-to-toe support.

Application – Segment Analysis

On the basis of the application, the domestic segment is expected to lead the market during the forecast period. The rising disposable income of the individuals followed by the various government policies related to real estate are led to an increase in the rate of ownership, which is growing the demand of the market. The government in numerous countries are considering homeownership as an important policy goal and supports it by following interest payments on mortgages. For example, the government of India has launched the “Housing for All” scheme, the Chinese government has introduced the joint ownership housing scheme, and the government of UK has its affordable homeownership scheme.

In case, any of your pain points areas are not covered in the current scope of this report, Request for Free Customization here

Regional – Segment Analysis:

Based on the region, Asia-Pacific is projected to lead the global mattress market during the forecast period. This is attributed to the rising demand for the innerspring and latex mattress segment in the Asian countries. The APAC region is one of the largest consumers of mattresses due to the high population rate in economies such as Chia, Sri Lanka, and India. On the other edge, the Europe region is expected to grow at a higher CAGR during the forecast period. The significant shift in the consumer’s preference towards large houses and the rising preference for multiple bedrooms in the house are the two major drivers that are propelling the growth of the market in this region. Furthermore, the strong demand for mattresses in the healthcare and hospitality sector in this region is boosting the market growth.

Top Market Players

Various notable players operating in the market include Tempur-Pedic International Inc., Serta Inc., Simmons Bedding Company, Spring Air International, Select Number Corporation, Kingsdown Inc., Southerland Sleep, and Paramount Bed Co., Ltd., among others. 

Key Developments:

• • In 2020, Tempur-Pedic International Inc., announced to introduce the Surface-Guard Technology, an antimicrobial and antiviral technology. The EPA-registered antimicrobial technology will help in killing 99% bacterias on the mattress surface.
  • In 2018, Serta Inc., launched its new iComfort mattress collection which is especially designed for the inside out with the brand’s most advanced technologies.

Segments covered in the Report:

The global Mattress market has been segmented on the basis of Product, Application and key regions. Based on Product, the market is segmented into Innerspring, Latex, Memory Foam and Others. Based on Application, the market is segmented into Domestic and Commercial. 

For detailed scope of the “Mattress Market” report request a Sample Copy of the report

Key questions answered in this research report:

• • At what pace is global Mattress market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Mattress market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Mattress market?
  • Which Product generated maximum revenues in 2019 and identify the most promising Product during the forecast period?
  • What are the various application areas of global Mattress market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2019
Market Forecast Period	2020-2027
Market Revenues Currency	USD Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Product, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Tempur-Pedic International Inc., Serta Inc., Simmons Bedding Company, Spring Air International, Select Number Corporation, Kingsdown Inc., Southerland Sleep, and Paramount Bed Co., Ltd., among others; a total of 8 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Mattress Market by Product

• • Innerspring
  • Latex
  • Memory Foam
  • Others

Global Mattress Market by Application

• • Domestic
  • Commercial

Global Mattress Market by Region

• • North America Mattress Market (Option 1: As a part of the free 25% customization)
    • North America Market by Product
    • North America Market by Application
    • US Market All-Up
    • Canada Market All-Up
  • Europe Mattress Market (Option 2: As a part of the free 25% customization)
    • Europe Market by Product
    • Europe Market by Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Mattress Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Market by Product
    • Asia-Pacific Market by Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Mattress Market (Option 4: As a part of the free 25% customization)
    • RoW Market by Product
    • RoW Market by Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Mattress (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Tempur-Pedic International Inc.
  • Serta Inc.
  • Simmons Bedding Company
  • Spring Air International
  • Select Number Corporation
  • Kingsdown Inc.
  • Southerland Sleep
  • Paramount Bed Co., Ltd.