Global Mattress Market Research Report, 2027

Global Mattress Market Research Report, 2027

Actual Market Research 23-07-2022 220 Pages Figures : 100 Tables : 108 Region : Global Category : Manufacturing & Industry Machinery, Parts & Equipment

1. Coirfoam (India) Private Limited

2. Duroflex Private Limited

3. Kurlon Enterprise Limited

4. Peps Industries Private Limited

5. Sheela Foam Limited


From the available evidence, it seems certain that the concept of the mattress originated during prehistoric times. By lying on piles of leaves, straw, and animal skins, early humans were able to sleep more comfortably and more soundly than they could have on hard surfaces. As greater numbers of people left a nomadic, hunting existence for a settled, agrarian lifestyle, primitive furnishings, including the bed, began to develop. With the increasing technological advancements and disposable income, currently, an average consumer replaces a mattress every 8 years. The purchase decision for a good mattress depends on many factors such as price, availability, and the material. This has a huge impact on the type of mattress preferred by buyers. The report on ‘Global Mattress Market Research Report, 2027, by Actual Market Research is a balanced blend of factual based information, valuable insights, and implementable recommendations for both, the existing companies in the industry as well as the potential new entrants. The overall mattress market is anticipated to have more than USD 61 Billion market size, registering CAGR around 7% for 2022-2027. Increased incidences of back problems caused mainly by uncomfortable sleeping surfaces are likely to play a major role in the growth of specialty mattresses such as airbed, waterbed, and foam-based mattresses. It is majorly used by new hospitals, along with renovated old healthcare institutions, that have contributed significantly to the demand for such mattresses to provide comfort to in-patients, out-patients, and caretakers. Being the oldest form of mattress, the innerspring mattresses are common across the world, holding up to a share of more than 65% in the market. Willingness to explore newer options is the reason for the growth of the different types of mattresses. Even though the market seems to be opportunistic, the challenges of less spacious houses and a high dominance of the unorganized market in the developing countries hamper the growth. For instance, Serta Inc. launched the iComfort hybrid mattress with TempActiv cooling technology and a new coil support system, which infuses copper into materials such as natural latex. This provides immediate body contact or closeness to the element itself as copper relieves pain, reduces arthritis-related inflammation, helps to cure several other medical problems, and increases the overall energy level. Both the private and government sectors are making substantial investments in the healthcare industry to develop infrastructure and expand healthcare facilities. For instance, according to the Government of India’s flagship program of Pradhan Mantri Jan Aarogya Yojana (AB-PMJAY), all hospitals under the Ayushman Bharat scheme are to be provided with viability gap funding of up to 40% of the total project cost. This will hence, lead to the acquisition of more beds and mattresses for government and semi-government hospitals in the near future to upgrade the basic infrastructure as per the aforesaid scheme. The hotel industry is consistently growing, with over 700,000 hotels around the world, recovering well from the 2008 recession. This incline in the hotel industry has a great influence on the mattress market. Commercial grade mattresses are designed for the extra abuse that hotels and resorts get. They have higher coil counts and reinforcements that are only found in commercial grade designs. Highly dominated by offline retailers, the online mattress market is at comparatively a preliminary stage. As the millennial customer are more attracted towards the online shopping methods that provides added discount and free trials. For instance, King Koil provides mattresses to premium hotels such as JW Marriott, Hyatt Regency, Westin Hotels & Resorts, and Le Meridien. However, massive focus on good sleep for enhancing health of an individual has accounted majorly towards the overall market size in the recent years. In addition to this, humungous popularity of natural & organic mattresses across the globe will propel the business space in the years to come. Additionally, thriving e-Commerce and online retail sectors will proliferate the expansion of mattress industry over the estimated timeframe. Moreover, massive internet and smartphone penetration across the globe will boost the business growth trends. Improved materials and cutting-edge technology are being used by producers to provide consumers with better sleep. Companies are focusing on employing natural materials to make mattresses spurred by an increase in demand for mattresses made of natural and organic materials. Companies also need to concentrate on using internet channels to boost sales. Additionally, companies are likely to be able to remain on top of market developments with the use of this strategy and this is also likely to work in favor of the mattress industry value chain. Demand for memory foam & latex mattresses as well as eco-friendly mattresses are rising across the globe. Customers often choose online distribution channels to select the latest mattress designs, sizes, and patterns. Online channels provide a high level of price transparency and a wide range of product possibilities. Covid-19 Impact: The Covid-19 pandemic created a massive impact on different markets of the world. The Mattress Market was also not alien to this effect of the unprecedented pandemic. In the first wave of the 2020 Covid-19 pandemic, the sales of mattresses went down because of a lockdown on shops. Moreover, the manufacturing of new mattresses also went down on movement and workplace restrictions. However, the market revived since people took up home renovations and improvements during work from home schedules. The availability of mattresses online also helped boost sales in the pandemic period as it is easy to buy mattresses from e-retail stores. On the other hand, after the pandemic, Market is set to grow further because of the resumption of manufacturing activity and sales, both offline and online. As people grow more health-conscious and give sound sleep the importance it deserves, mattress sales will increase in the post-pandemic world. Moreover, instead of traditional mattresses, people will buy innovatively designed mattresses with multiple benefits and are durable. Major companies present in the market Tempur-Pedic International Inc, Serta Inc, Derucci, Simmons Bedding Company LLC, Hilding Anders, Recticel, Spring Air Company, MLILY, Select Comfort, Ruf-Betten, Kingsdown Inc., Corsicana, Southerland Bedding Co., Sleemon, Bed Holdings Co. Ltd., Pikolin, Kurlon Enterprise Ltd., Airland, Therapedic, Mengshen, Leggett & Platt, Paramount Bed Co. Ltd., Sealy Corporation, King Koil, Ashley, Sleep Number, Southerland Inc., Lianle, Breckle, Englander Mattress, Puffy Mattress, Comfur Mattresses Considered in the report • Geography: Global • Historical year: 2016 • Base year: 2021 • Estimated Year: 2022 • Forecasted year: 2027 Regions covered: • North America (USA, Canada, Mexico & Rest of North America) • Europe (UK, Germany, France, Spain, Italy, Russia & Rest of Europe) • Asia Pacific (China, Japan, India, Australia & Rest of Asia Pacific) • Latin America (Brazil, Argentina, Columbia & Rest of Latin America) • Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa & Rest Of Middle East & Africa) By Mattress Type in the report: • Innerspring Mattress • Latex Mattress • Memory Mattress • Others Mattress ( Air, Water, Hybrid, Etc.) By Application in the report: • Domestic • Commercial By Sales Channel in the report: • Online • Offline By Bed Size in the report: • Twin or Single • Twin XL • Full or Double • Queen • King • Others Aspects covered in the report • Market Size By Value for the historic period (2016-2021) • Market Size By Value for the forecast period (2022-2027) • Market Size By Value for Innerspring Mattress (2016-2027) • Market Size By Value for Latex Mattress (2016-2027) • Market Size By Value for Memory Foam Mattress (2016-2027) • Market Size By Value for Other types of Mattress (2016-2027) • Market Share by Application (2016, 2021 & 2027F) • Market Share by Mattress Type (2016, 2021 & 2027F) • Market Share by Mattress Size (2016, 2021 & 2027F) • Market Share by Country (2016, 2021 & 2027F) • Market Share by End User (2016, 2021 & 2027F) • Market Share by Sales Channel (2016, 2021 & 2027F) Research approach While doing the research, we combine the expertise of our analysts and the capabilities of artificial intelligence. We take into consideration the inputs by the industry experts and leaders gathered through our primary research. We do go through the available secondary data, to understand the business analysts, discover deep insights and ideas from the marketing data. Then to finalize the market, we start collecting financials of each player present in the market including limited, private limited, and LLPs. Moreover, we perform cross-industry, cross-region analysis of the product, and based on collected primary inputs and using statistical modeling we start forecasting the market. We follow our forecasting algorithm, which is unique for each product but giving more weight-age to primary inputs. At the same time, the content team starts preparing company profiles, market dynamics, market trends, five forces, and PEST analysis, etc. Once the data expert verifies the data, the team together crosscheck the segmentations, validates the market. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, & organizations related to the industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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