Global Mattress Market Size is Expected to Grow to $60.51 Billion by 2029

Global Mattress Market Overview

According to Global Market Monitor, the global mattress market size will reach $42.75 billion in 2024 and is expected to grow to $60.51 billion by 2029.

A mattress plays a vital role in giving the right support and comfort to the body, keeping the spine in a neutral position, and facilitating sleep. Moreover, it assists in minimizing nervousness, irritability, headaches, and stress experienced by individuals, factors that are associated with the quality of sleep.

Spring Mattresses are Becoming More Diversified and Personalized.

With the continuous prominence of sleep health problems and the continuous improvement of sleep awareness, people are paying more and more attention to sleep products such as mattresses. In recent years, the trend of diversification and individualization of spring mattresses has become more obvious, providing consumers with more choices. The development of spring mattresses in the direction of the structure, personalized design, etc., has put forward higher and higher requirements for the function, automation, intelligence, and production efficiency of mattress production equipment. And this factor has promoted the continuous development of the mattress market.

China Mattress Market Status

China emerged as an important production hub for mattress manufacturing. China's mattress market developed rapidly due to the growing population in China, increasing income levels, and the booming housing market. The mattress industry is still affected by other factors, such as the speed of renovation of existing houses, expansion of new houses, and innovation in traditional sleep concepts.  Consumer groups are expanding in the Chinese mattress market and have the potential for further development. Consumers highly regard a functional and healthy mattress in the market due to changing lifestyles and sleep disorders among people. Replacement of bedding is forecasted to lead to the growth of the mattress market in China.  Social e-commerce channels, such as Twitter, Tuoke, and Pinchao, are also playing a huge role in the development of the market studied.

Market Dynamics

April 2023: Avocado Green Mattress enters wholesale. Avocado Green Mattress aims to be available in more than 600 stores by the end of the year by adding more wholesale partners to its business.

May 2023: Tempur Sealy announced a definitive agreement to acquire Mattress Firm Group Inc. (Mattress Firm), the nation’s largest mattress specialty retailer, in a cash and stock transaction valued at approximately USD 4 billion.

Company Name	Tempur Sealy International
Website	www.tempursealy.com
Established Time	2012
Plants Distribution	Mainly in North America
Sales Region	Worldwide
Product Introduction	Tempur Sealy International, Inc. is an American manufacturer of mattresses and bedding products. It was formed when Tempur-Pedic International, a manufacturer of memory foam mattresses acquired its biggest competitor Sealy Corporation in 2012. It is based in Lexington, Kentucky.