Mattress Market to Surge at a CAGR of 6.82% over 2025 to 2032; Growing Demand for Custom-Made Mattresses to Boost Market Growth

The global mattress market size was valued at USD 54.75 billion in 2024. The market is predicted to grow from USD 57.51 billion in 2025 to USD 91.23 billion by 2032, attaining a CAGR of 6.82% during the forecast period. Fortune Business Insights™ presents this information in its report titled, “Mattress Market Size, Share & COVID-19 Impact Analysis, By Material (Spring/Coil, Foam, Latex, and Others), Size (Queen, Twin, Full, and Others), By Application (Household, Hospitality, Healthcare, and Others) and Regional Forecast, 2025– 2032.” During the forecast period, the demand for the product is increasing due to the consumer’s inclination towards the importance of sleep. The rising number of housing constructions globally is connected with increasing consumer spending on furniture and bedding products. The growing demand for the product from a wide range of consumers is predicted to augment the market growth. The inclination of people towards social standards and comfort is anticipated to escalate the mattress market growth.

Disruptions of Supply Chain Caused by COVID-19 Pandemic Hindered Market Growth

COVID-19 has impacted market growth negatively. Due to the disruptions of supply chains, the decline in demand and cut costs are due to a decrease in demand. To decrease the impact of COVID-19 on their operations, various market players have been implementing various strategies over recent years. Hence, post-pandemic, the market growth is anticipated to grow during the forecast period.

Launching of New Sales Channel Anticipated to Boost Market Sales

Sheela Foam Ltd. Indian Company declared the launch of its e-commerce platform called SleepX.com. The launching of sales online has witnessed an increase in the demand for mattresses. The product has been designed after thorough research on the requirements and desired comfort, increasing the demand for the product. Hence, the mattress market share is anticipated to grow.

Rising Consumer Awareness Regarding the Health Benefits to Drive Product Demand

Quickly changing consumer lifestyles, changes in eating habits, and the changing trend of sleeping late have been causing severe sleep deprivation and mental discomfort among young individuals across countries, mostly in the last two decades. Additionally, key players are now marketing their products by highlighting the need for better sleep quality.

Competitive Landscape

Partnership among Companies to Secure Their Brand Values in the Market

Players in the market have launched new techniques to boost market growth with their solutions and elevate the competition in the market. Companies have been applying for various programs, such as partnerships and mergers, to support their position in the market.

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Notable Industry Development:

• June 2022: Serta Simmons Bedding, a U.S., based company, in collaboration with interior designer Nate Berkus and, introduced a Limited- Edition sleep collection, including a range of mattresses, down pillows, mattress protectors.

LIST OF KEY COMPANIES PROFILED:

• Serta Simmons Bedding, LLC (U.S.)


• Tempur Sealy International, Inc. (U.S.)


• Sleep Number Corporation (U.S.)


• Paramount Bed Holdings Co. Ltd (Japan)


• Kingsdown, Inc. (U.S.)


• Grupo Pikolin (Spain)


• King Koil Mattress. Co (U.S.)


• Suibao Group (China)


• Greiner AG (Austria)


• Sheela Foam Ltd (India)

Further Report Findings:

• In 2024, North America emerged as the most prominent market. Industry players, exemplified by brands such as Tempur Sealy, are contributing to the region's growth by providing innovative and sustainable mattress collections, meeting diverse consumer needs and preferences.


• The substantial growth in the residential property market, as indicated by the IBEF report, in 2023, showcases the thriving real estate sector in India, contributing significantly to the overall economic growth.


• By size, the market is fragmented into queen, twin, full, and others. The queen segment is poised to dominate the global mattress market share throughout the study period. The queen segment's dominance is fueled by its suitability for both kids and adults, catering to diverse needs within households, contributing to sustained segment growth.


• By application, the market is divided into hospitality facilities, healthcare facilities, households, and others. The household segment is touted to secure the highest market share over the study period. As consumer spending capacity rises, individuals prioritize their living standards, leading to an increased willingness to invest in high-quality and comfortable sleep solutions for their households.

Table of Segmentation: