The mattresses and accessories market is counting sheep towards a good night’s sleep – and a healthy profit! Projected to reach US$ 84.1 billion by 2033 with a CAGR of 6.5%, here’s a peek under the covers of this growing industry:
- Tech Touch for a Good Night’s Tech: Despite industry disruptions, the mattress and accessories market is adapting to changing consumer preferences and rising health awareness.
- Macroeconomic Slumber Party: Shifting consumer priorities, income growth, and a focus on stress management (especially among younger generations) are driving the demand for quality sleep products.
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- From Brick-and-Mortar to Clicks and Mattresses: While trying before you buy is still important for some, the convenience of online shopping with its wider selection, price comparisons, and home delivery is changing the game.
- Trial and Comfort: Trial periods and innovative packaging are attracting more customers online, making the transition to a new mattress smoother.
- Luxury Takes a Snooze: Mattresses are no longer just functional; they’re seen as an investment in comfort and well-being, with a focus on luxury materials and finishes.
- Brand Power in Dreamland: The rise of global brands and large manufacturers is attracting customers away from local options, offering more trust and reliability.
- Sleeping Green: Concerns about synthetic materials are leading to a surge in demand for eco-friendly and natural mattresses and accessories.
- Cooling Down Your Comfort: Technologies like breathable fabrics and cooling gels are making mattresses even more appealing to customers seeking a perfect night’s sleep.
- Safety First, Sleep Second: Manufacturers are prioritizing safety with certifications like OEKO-TEX® for fabrics and CertiPUR-US® for foam, giving consumers peace of mind.
- The East Sleeps Soundly: East and South Asia are leading the mattress and accessories market, fueled by a growing urban population willing to invest in quality sleep products.
From Brick-and-Mortar to Online Dreams: How the Mattress Market is Sleeping Soundly
The way we buy mattresses is undergoing a slumber party of its own! While the desire to test a mattress before buying remains, the mattress and accessories market is witnessing exciting trends:
- The Rise of the Click-and-Snooze: Online shopping is becoming increasingly popular for mattresses. Convenience reigns supreme, with wider choices, price comparisons, and home delivery making the online mattress purchase a game-changer.
- Trials and Tribulations (or lack thereof): Trial periods are making online mattress buying less risky. Plus, innovative packaging ensures your new sleep haven arrives safe and sound.
- Luxury Slumber: Mattresses are no longer an afterthought; they’re a symbol of comfort and well-being. Consumers are looking for luxurious materials, elegant designs, and a classy finish.
- Brand Power in Dreamland: Big brands and international companies are gaining traction, offering trust and reliability that local shops may not.
- Sleeping Green: Eco-consciousness is influencing sleep choices. The demand for eco-friendly and natural mattresses and accessories is on the rise.
- Keeping Your Cool: Goodbye, hot sleepers! Technologies like breathable fabrics and cooling gels are ensuring a comfortable night’s rest.
Major market players operating in the global mattresses and accessories market include
- Kingsdown Inc.
- Spring Air International
- Sleep Number Corporation
- Tempur Sealy International Inc.
- Simmons Bedding Company LLC Serta Inc.
- Southerland Inc.
- Relyon Limited
- McRoskey Mattress Company;
- Corsicana Mattress Company.
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Mattresses & Accessories Market – Segment Analysis
Product Type:
- Memory foam mattress
- Hybrid mattress
- Innerspring mattress
- Latex mattress
- Other (water bed mattress, air filled mattress, and gel filled mattress)
Mattress Size Type:
- Twin or single size mattress
- Twin XL size mattress
- Full or double size mattress
- Queen size mattress
- King size mattress
- Others mattress (king long or California king size mattress, super king size mattress or grand size mattress, and athletic king size mattress.
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
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