Mattress Industry Analysis – Market Share, Size, and Forecast Market Analysis

Mattress Industry Overview

The size of the global mattress market is expected to grow USD 11.7 billion during the forecast period 2017-2022, accelerating at a CAGR of nearly 7%. Global mattress industry growth is currently fueled by rising demand for smart mattresses and customized mattresses from the consumer sector. Increasing investments in R&D is a primary factor smart mattress market growth as smart mattress manufacturers are steadily investing in R&D activities to continually offer more innovative mattresses with enhanced features that emit fewer radiations than previous products. We forecast the smart mattress market to grow USD 91 million by 2022.

Additionally, within the commercial sector, the healthcare industry has seen a surge in mattress demand, to provide optimum hospital care to patients. Powered air mattresses will see increased adoption in hospitals over the next five years 2019-2023 because they provide different types of therapies such as air flotation, lateral flotation, alternating pressure, alternating pressure with true low air loss, and air fluidized therapy. Due to these factors, the global medical mattresses market will grow more than USD 425 million by 2023.

Mattress Market Insights

  • Mattress companies are focusing on offering adjustable mattresses that offer enhanced comfort and smart connectivity through Bluetooth, Wi-Fi, and electronic devices, and can be adjusted to suit the comfort of the user.
  • Awareness of the chemicals used in the regular mattress, such as cotton pesticides and flame-retardant chemicals which can cause cancer and lead to nervous-system disorders, have led to a demand for eco-friendly and organic mattresses.
  • Pressure relief mattresses are gaining prominence due to the rise in patient care services in both hospitals and home care settings. The global pressure relief mattress market is expected to generate almost USD 2 billion by 2021.
  • The mattress market in Europe will grow at a CAGR of nearly 3% between 2018-2022. Market size is expected to increase almost USD 685 million during the forecast period.

Mattress Market Share and Segmentation

Within our mattress industry research, we provide deep insights into the market landscape, its segments, and their market share. Our research experts segment this market by mattress product type, mattress size, application, and distribution channel.

Innerspring mattress market

Traditional innerspring mattresses are the most are popular mattress type among consumers due to factors such as easy availability, affordability, and their availability in a variety of firmness and comfort levels. The innerspring mattress segment currently holds the largest mattress market share, however, there is a growing demand for premium and specialized mattresses.

Memory foam mattress market

The demand for memory foam mattresses is on the rise, especially in the United States. The US has a large adult population who suffer from sleep-related disorders and the number of injuries and fatalities due to drowsiness while driving continues to increase in the region. Memory foam mattresses are gaining traction as the preferred solution for treating sleep-related disorders and back pain issues, which is driving the growth of this market. We forecast the memory foam mattress market in the US will grow more than USD 1 billion by 2022.

Gel mattress market

The introduction of smart mattresses, the growing demand for eco-friendly mattresses, and the need for multifunctional beds are the emerging trends expected to drive the growth of the global gel mattresses market through 2023. Between 2018-2023, the size of the gel mattresses market will grow USD 138 million, with 50% of this growth coming from the Asia-Pacific region.

Our mattress market segmentation research offerings include:

  • Mattress Market by Product
    • Innerspring mattress market
    • Memory foam mattress market
    • Latex mattress market
    • Gel mattress market
    • Water bed mattress market
    • Air bed mattress market
    • Adjustable bases mattress market
  • Mattress Market by Size
    • Twin size mattress market / Single size mattress market
    • Twin XL size mattress market
    • Double size mattress market
    • Queen size mattress market
    • King size mattress market
  • Mattress Market by Application
    • Mattress market for residential purposes
    • Mattress market for commercial purposes
  • Mattress Market by Distribution Channel
    • Offline mattress market
    • Online mattress market

We at Technavio, with our comprehensive understanding of the mattress market, have been monitoring the latest industry trends and developments to create an in-depth mattress market report portfolio. These reports help our clients identify opportunities within the market and develop effective strategies to optimize their market positions. Our mattress market reports offer the following insights:

  • Mattress industry overview
  • Mattress industry statistics
  • Mattress market size
  • Mattress market share
  • Mattress market growth
  • Mattress market forecast
  • Mattress market trends

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