Market revenue in 2022 | USD 2,794.6 million |
Market revenue in 2030 | USD 4,969.3 million |
Growth rate | 7.5% (CAGR from 2022 to 2030) |
Largest segment | Foam |
Fastest growing segment | Hybrid |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Innerspring, Foam, Hybrid, Latex |
Key market players worldwide | Tempur Sealy International Inc, Serta Simmons Bedding LLC, Sleep Number Corp, Sleep Country Canada Holdings Inc, Bollinger Industries Inc, Spring Air International, Southerland Sleep, Boll & Branch |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mattress market will help companies and investors design strategic landscapes.
Foam was the largest segment with a revenue share of 37.11% in . Horizon Databook has segmented the Canada mattress market based on innerspring, foam, hybrid, latex covering the revenue growth of each sub-segment from to .
Rising commercial development in the country is posing growth opportunities for the mattress market in the forecast period. In addition, cold climatic conditions prevailing in the country have more or less influenced consumers to invest in proper bedding products including mattresses.
In addition, advantageous government housing policies, rising immigration rates, and the expanding hotel sector are supporting the growth of the mattress market in the nation.d. This product is expected to reach a value of USD 842.8 million by 2025.
Innerspring mattresses are highly preferred in Canada majorly owing to their durability. These mattresses maintain their firmness longer than the other types of mattresses. Moreover, consumers also prefer innerspring products as they maintain a comfortable and even surface for a long time.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada mattress market , including forecasts for subscribers. This country databook contains high-level insights into Canada mattress market from to , including revenue numbers, major trends, and company profiles.
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