Global Mattresses Market Size, Share, and Trends Analysis Report, By Type (Innerspring Mattresses, Latex Mattresses, Memory Foam Mattresses, and Others), By Application (Domestic, and Commercial), Forecast Period (2022-2028)

The global mattresses market is anticipated to grow at a CAGR of 5.2% during the forecast period (2022-2028). The Mattress is a product that is used on beds to give proper support to efficient sleep to stay fresh all day long. The major factor attributing to the growth of the global Mattresses market is the increasing use of mattresses for domestic use due to the increasing prevalence of sleep disorders. According to the Centers for Disease Control & Prevention (CDC), around 70 million people are suffering from chronic sleep problems due to chronic disease, mental illness, and many other reasons. Thus, increasing the demand for a mattress for efficient sleep.

The use of mattresses is also increasing in hotels to retain their customer base by providing good-quality Matresseses in rooms due to the increasing number of hotels across the globe. According to an article published by Condor Ferries Ltd. in 2021, there are more than 7,00,000 hotels & resorts accounting for 16.4 million hotel rooms across the globe. The size of the global hotel industry is around $570 billion. Among these, China is the country with the most number of hotels with around 4,169 hotels. London & Dubai are the cities with the major number of 5-star hotels in the world accounting for 65 hotels in London, and 61 hotels in Dubai. Furthermore,  the use of mattresses is also increasing by people due to various health benefits provided by several types of mattresses including memory foam, ortho, and other mattresses. The benefits include easing back pain, improvement in body posture, better sleep, supporting ion weight loss, lowering blood pressure, improving ion blood circulation, and many others. Thus, contributing to the growth of the global Mattresses market.

Some major players in the market include Azimut Benetti S.p.A., Serta Simmons Bedding LLC, Sleep Number Corp., Paramount Bed Co. Ltd., and Kingsdown Inc., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in April 2022, Skyfoam, a Kochi-based mattress company in India launched a new mattress specially designed for old-age people aged above 50 years. The new mattress will benefit old-age people by improving their sleep mechanisms.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Azimut Benetti S.p.A., Serta Simmons Bedding LLC, Sleep Number Corp., Paramount Bed Co. Ltd., Kingsdown Inc., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Mattresses Market Report by Segment

By Type

• Innerspring Matresses
• Latex Mattresses
• Memory Foam Mattresses
• Others

By Application

• Domestic
• Commercial

Global Mattresses Market Report by Region

North America

• The United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa