Mattress Market Size, Share & Trends Analysis Report By Product (Innerspring, Latex, Memory Foam), By Application (Domestic & Commercial), By Region, And Segment Forecasts, 2019 - 2025

Published: Jun, 2019 | Pages: 80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)

The global mattress market size is expected to reach USD 43.2 billion by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 6.7% over the forecast period. Growing demand from the hospitality and real-estate sectors, especially in developing and emerging countries such as India, China, and Brazil will create robust demand for the product over the forecast period.

A major factor boosting the growth of the global market is changing demographics. Rise in disposable income of growing middle class, especially residing in the urban areas or the ones moving from the rural areas to these regions in search of better education and job opportunities is anticipated to drive the market. Millennial consumers in countries such as U.K., U.S., and India have emerged as booming consumers of the global mattress market. High demand is mainly attributed to young consumers who are willing to pay a price higher than the usual for advanced products such as memory foam and airbed mattresses.

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 overall energy level.

Innerspring dominated the market and held the largest share of 32.5% in 2018. Rising incidents of back problems associated with uncomfortable sleeping surfaces leading to wrong postures is a major factor for the growth of segment. In emerging economies such as India, Brazil, and China, increasing number of affluent consumers also boosts demand for premium mattress (memory foam) with innerspring technology. For instance, Casper provides a transitional layer with two types of poly-foam: a softer one at the ends of the bed for pressure relief on neck and feet and the firmer one to support the lumbar region, thus providing complete head-to-toe support.

In several emerging countries, the governments regard home ownership as an important policy goal and thus encourage it by creating interest payments on mortgages. For instance, Indian government's 'Housing for All' scheme, wherein the main motto of the government is to provide concessional houses to every individual residing in India, thereby augmenting the demand for household essentials such as mattresses and linens in this region. Premium hotel chains such as Hilton and Huazhu Group are focusing on providing excellent service to attract consumers. Thus, such inflating demand for mattresses from international hotel chains is likely to boost market growth.

Key market players in the market include Tempur-Pedic International Inc; Purple Innovation, LLC; Simmons Bedding Company LLC; Serta Inc.; Spring Air Company; Southerland Bedding Co.; Select Comfort; Kingsdown Inc.; KING KOIL Inc.; Sealy Corporation; and Paramount Bed Holdings Co. Ltd. For instance, Purple Innovation, LLC manufactured the World's First No Pressure Mattress, and hence is expanding its blended channel strategy by bringing its patented-technology comfort products to selected locations across U.S.

Further key findings from the study suggest:

• Asia Pacific is projected to generate a revenue of USD 10.7 billion by 2025

• Innerspring accounted for 32.5% share of the total revenue in 2018 and is projected to exhibit a significant increase in the next few years

• Europe is the second fastest growing region with a CAGR of 7.2% over the forecast period. This trend is projected to continue over the next few years

• The mattress industry is highly competitive with the key players such as Tempur-Pedic International Inc.; Purple Innovation, LLC; Simmons Bedding Company LLC; Serta Inc.; Spring Air Company; Southerland Bedding Co.; Select Comfort; Kingsdown Inc.; KING KOIL Inc.; Sealy Corporation; and Paramount Bed Holdings Co. Ltd.

 Table of Contents

Chapter 1. Methodology and Scope
                     1.1. Market Segmentation & Scope
                     1.2. Market Definition
                     1.3. Information Procurement
                          1.3.1. Purchased Database
                          1.3.2. GVR's Internal Database
                          1.3.3. Secondary Sources & Third-Party Perspectives
                          1.3.4. Primary Research
                     1.4. Information Analysis 
                          1.4.1. Data Analysis Models
                     1.5. Market Formulation & Data Visualization
                     1.6. Data Validation & Publishing
Chapter 2. Executive Summary
                     2.1. Market Outlook
                     2.2. Segmental Outlook
                     2.3. Competitive Insights
Chapter 3. Mattress Market Variables, Trends & Scope
                     3.1. Market Introduction
                     3.2. Penetration & Growth Prospect Mapping
                     3.3. Industry Value Chain Analysis
                          3.3.1. Sales/Retail Channel Analysis
                          3.3.2. Profit Margin Analysis
                     3.4. Market Dynamics
                          3.4.1. Market Driver Analysis
                          3.4.2. Market Restraint Analysis
                          3.4.3. Industry Challenges
                          3.4.4. Industry Opportunities
                     3.5. Business Environment Analysis
                          3.5.1. Industry Analysis - Porter's
                               3.5.1.1. Supplier Power
                               3.5.1.2. Buyer Power
                               3.5.1.3. Substitution Threat
                               3.5.1.4. Threat from New Entrant 
                               3.5.1.5. Competitive Rivalry
                     3.6. Roadmap of Mattress Market
                     3.7. Market Entry Strategies 
Chapter 4. Consumer Behavior Analysis
                     4.1. Consumer Trends and Preferences
                     4.2. Factors Affecting Buying Decision 
                     4.3. Consumer Product Adoption 
                     4.4. Observations & Recommendations
Chapter 5. Mattress Market: Product Estimates & Trend Analysis
                     5.1. Product Movement Analysis & Market Share, 2018 & 2025
                     5.2. Innerspring
                          5.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                     5.3. Latex
                          5.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                     5.4. Memory Foam
                          5.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                     5.5. Others
                          5.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 6. Mattress Market: Application Estimates & Trend Analysis
                     6.1. Application Movement Analysis & Market Share, 2018 & 2025
                     6.2. Domestic
                          6.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                     6.3. Commercial
                          6.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
Chapter 7. Mattress Market: Regional Estimates & Trend Analysis
                     7.1. Regional Movement Analysis & Market Share, 2018 & 2025
                     7.2. North America
                          7.2.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.2.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.2.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                          7.2.4. U.S.
                               7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               7.2.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                               7.2.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                     7.3. Europe
                          7.3.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.3.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.3.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion))
                          7.3.4. Germany
                               7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               7.3.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                               7.3.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                          7.3.5. U.K.
                               7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               7.3.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                               7.3.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                     7.4. Asia Pacific
                          7.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                          7.4.4. China 
                               7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               7.4.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                               7.4.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                          7.4.5. India
                               7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               7.4.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                               7.4.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                     7.5. Central & South America
                          7.5.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.5.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.5.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                          7.5.4. Brazil
                               7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               7.5.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                               7.5.4.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                     7.6. Middle East and Africa
                          7.6.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                          7.6.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                          7.6.3. Market estimates and forecast, by application, 2015 - 2025 (USD Billion)
                          7.6.4. Saudi Arabia
                               7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Billion)
                               7.6.4.2. Market estimates and forecast, by product, 2015 - 2025 (USD Billion)
                               7.6.4.3. Market estimates and forecast, by Application, 2015 - 2025 (USD Billion)
Chapter 8. Competitive Analysis
                     8.1. Key global players, recent developments & their impact on the industry
                     8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
                     8.3. Vendor Landscape
                          8.3.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
                     9.1. Tempur-Pedic International Inc.
                          9.1.1. Company Overview
                          9.1.2. Financial Performance
                          9.1.3. Product Benchmarking
                          9.1.4. Strategic Initiatives
                     9.2. Serta Inc.
                          9.2.1. Company Overview
                          9.2.2. Financial Performance
                          9.2.3. Product Benchmarking
                          9.2.4. Strategic Initiatives
                     9.3. Simmons Bedding Company LLC
                          9.3.1. Company Overview
                          9.3.2. Financial Performance
                          9.3.3. Product Benchmarking
                          9.3.4. Strategic Initiatives
                     9.4. Spring Air Company
                          9.4.1. Company Overview
                          9.4.2. Financial Performance
                          9.4.3. Product Benchmarking
                          9.4.4. Strategic Initiatives
                     9.5. Select Comfort
                          9.5.1. Company Overview
                          9.5.2. Financial Performance
                          9.5.3. Product Benchmarking
                          9.5.4. Strategic Initiatives
                     9.6. Kingsdown Inc.
                          9.6.1. Company Overview
                          9.6.2. Financial Performance
                          9.6.3. Product Benchmarking
                          9.6.4. Strategic Initiatives
                     9.7. Southerland Bedding Co.
                          9.7.1. Company Overview
                          9.7.2. Financial Performance
                          9.7.3. Product Benchmarking
                          9.7.4. Strategic Initiatives
                     9.8. Bed Holdings Co. Ltd.
                          9.8.1. Company Overview
                          9.8.2. Financial Performance
                          9.8.3. Product Benchmarking
                          9.8.4. Strategic Initiatives

List of Tables

1. Mattress - Key market driver analysis
2. Mattress - Key market restraint analysis
3. Global innerspring mattress market estimates and forecast, 2015 - 2025 (USD Billion)
4. Global latex mattress market estimates and forecast, 2015 - 2025 (USD Billion)
5. Global memory foam mattress market estimates and forecast, 2015 - 2025 (USD Billion)
6. Global other mattress market estimates and forecast, 2015 - 2025 (USD Billion)
7. Global mattress market estimates and forecast, by domestic, 2015 - 2025 (USD Billion)
8. Global mattress market estimates and forecast, by commercial, 2015 - 2025 (USD Billion)
9. North America mattress market estimates and forecast, 2015 - 2025 (USD Billion)
10. North America mattress market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
11. North America mattress market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
12. U.S. mattress market estimates and forecast, 2015 - 2025 (USD Billion)
13. U.S. mattress market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
14. U.S. mattress market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
15. Europe mattress market estimates and forecast, 2015 - 2025 (USD Billion)
16. Europe mattress market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
17. Europe mattress market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
18. Germany mattress market estimates and forecast, 2015 - 2025 (USD Billion)
19. Germany mattress market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
20. Germany mattress market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
21. U.K. mattress market estimates and forecast, 2015 - 2025 (USD Billion)
22. U.K. mattress market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
23. U.K. mattress market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
24. APAC mattress market estimates and forecast, 2015 - 2025 (USD Billion)
25. APAC mattress market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
26. APAC mattress market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
27. China mattress market estimates and forecast, 2015 - 2025 (USD Billion)
28. China mattress market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
29. China mattress market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
30. India mattress market estimates and forecast, 2015 - 2025 (USD Billion)
31. India mattress market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
32. India mattress market revenue estimates and forecast by application, 2015 - 2025 (USD Billion)
33. Central and South America mattress market estimates and forecast, 2015 - 2025 (USD Billion)
34. Central and South America mattress market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
35. Central and South America mattress market revenue estimates and forecast by Application, 2015 - 2025 (USD Billion)
36. Brazil mattress market estimates and forecast, 2015 - 2025 (USD Billion)
37. Brazil mattress market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
38. Brazil mattress market revenue estimates and forecast by Application, 2015 - 2025 (USD Billion)
39. Middle East & Africa mattress market estimates and forecast, 2015 - 2025 (USD Billion)
40. Middle East & Africa mattress market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
41. Middle East & Africa mattress market revenue estimates and forecast by Application, 2015 - 2025 (USD Billion)
42. Saudi Arabia mattress market estimates and forecast, 2015 - 2025 (USD Billion)
43. Saudi Arabia mattress market revenue estimates and forecast by product, 2015 - 2025 (USD Billion)
44. Saudi Arabia mattress market revenue estimates and forecast by Application, 2015 - 2025 (USD Billion)
45. Vendor landscape

List of Figures

1. Mattress market snapshot 
2. Mattress market segmentation & scope
3. Mattress market penetration & growth prospect mapping
4. Mattress supply chain analysis
5. Mattress market dynamics
6. Mattress market Porter's analysis 
7. Mattress market: Product movement analysis 
8. Mattress market: Application movement analysis 
9. Mattress market: Regional movement analysis