North America Mattress Market Size & Outlook, -
North America mattress market, - ()
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North America mattress market highlights
- The North America mattress market generated a revenue of USD 18,481.5 million in 2022.
- The market is expected to grow at a CAGR of 5.3% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 18,481.5 million |
| Market revenue in 2030 | USD 27,963.6 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Foam |
| Fastest growing segment | Hybrid |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 31.8% of the global mattress market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 35,555.7 million by 2030.
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Mattress Market Scope
Mattress Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 37.96% in . Horizon Databook has segmented the North America mattress market based on innerspring, foam, hybrid, latex covering the revenue growth of each sub-segment from to .
North America led the market with a revenue-based market share of 30% in 2018. Major home improvement projects undertaken by consumers in the region are boosting the growth of high-end mattresses.
In the budget 2019, the Canada Mortgage and Housing Corporation announced plans to spend USD 943 million in the period of 2019-2022 to provide financial assistance to first time home buyers. Thus, increasing residential construction is likely to fuel the demand for mattresses in the residential sector.
Rising 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 home bedding products including mattresses.
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Target buyers of North America 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America mattress market , including forecasts for subscribers. This continent databook contains high-level insights into North America mattress market from to , including revenue numbers, major trends, and company profiles.
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North America mattress market
North America Mattress Market Outlook Share, & (US$M)
North America mattress market
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