U.S. Mattress Market Size & Outlook, -
U.S. mattress market, - ()
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U.S. mattress market highlights
- The U.S. mattress market generated a revenue of USD 14,226.7 million in 2022 and is expected to reach USD 20,715.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.8% 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 14,226.7 million |
| Market revenue in 2030 | USD 20,715.8 million |
| Growth rate | 4.8% (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, U.S. accounted for 24.5% 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 |
|---|
U.S. 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 38.28% in . Horizon Databook has segmented the U.S. mattress market based on innerspring, foam, hybrid, latex covering the revenue growth of each sub-segment from to .
The market dominance is majorly attributed to the rapid expansion of residential and commercial sectors. According to a new report by the Harvard University Joint Center for Housing Studies, both older and younger house owners are spending extensively on home improvements as opposed to the scenario 20 years ago.
The demand for these mattresses is primarily driven by the costeffectiveness of low and mid-range memory foam mattresses offered by the manufacturers. Furthermore, as the nation is increasingly spending on healthier sleep products, the key market players are emphasizing on marketing these mattresses as healthier alternatives to conventional products.
Owing to the rising number of bedrooms the demand for mattresses in the residential application has increased. According to the United States Census Bureau, in 2018, out of 345,000 multi-family units, 150,000 had one-bedroom room, and 35,000 had three or more bedrooms.
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Target buyers of U.S. 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 country-level data and insights on the U.S. mattress market , including forecasts for subscribers. This country databook contains high-level insights into U.S. mattress market from to , including revenue numbers, major trends, and company profiles.
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U.S. mattress market
U.S. Mattress Market Outlook Share, & (US$M)
U.S. mattress market
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