Canada Mattress Market Size & Outlook, 2022-2030
Canada mattress market, 2018-2030 (US$M)
Related Markets
Canada mattress market highlights
- The Canada mattress market generated a revenue of USD 2,794.6 million in 2022 and is expected to reach USD 4,969.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.5% from 2023 to 2030.
- In terms of segment, foam was the largest revenue generating product in 2022.
- Hybrid is the most lucrative product segment registering the fastest growth during the forecast period.
Mattress market data book summary
| 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 |
Other key industry trends
- In terms of revenue, Canada accounted for 4.8% of the global mattress market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. mattress market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 4,969.3 million by 2030.
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Mattress Market Scope
Mattress Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada mattress market outlook
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 2022. Horizon Databook has segmented the Canada mattress market based on innerspring, foam, hybrid, latex covering the revenue growth of each sub-segment from 2018 to 2030.
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.
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Target buyers of Canada mattress market databook
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Our clientele includes a mix of mattress market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada mattress market size, by product, 2018-2030 (US$M)
Canada Mattress Market Outlook Share, 2022 & 2030 (US$M)
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