The global mattress market reached a value of US$ 30.3 Billion in 2019. A mattress is a large rectangular pad filled with cotton, foam rubber or an arrangement of coiled springs.
It can also be filled with water, air or a variety of natural fibers. It plays a vital role in giving the right support and comfort to the body, keeping the spine in a neutral position, and facilitating sleep.
Moreover, it assists in minimizing nervousness, irritability, headaches and stress experienced by individuals, factors that are associated with the quality of sleep.
At present, there is a significant rise in the demand for various home furnishing products, such as mattresses, pillowcases and bed linens, on account of the increasing construction of residential complexes.
Apart from this, due to the growing instances of back and posture-related problems caused by uncomfortable sleeping surfaces, there is widespread adoption of airbeds, waterbeds and foam-based mattresses that offer superior comfort through even distribution of pressure and body weight.
These mattresses can also be customized and aid in relaxing the spine while sleeping.
Furthermore, the key players are focusing on the introduction of organic mattresses made by utilizing natural and environment-friendly raw materials, such as wool, natural latex and organic cotton.
However, due to the outbreak of the coronavirus disease (COVID-19), and the consequent lockdowns and disruptions in the supply chain, the overall sales of mattresses have declined for the short term. It is expected to increase once normalcy is regained.
Looking forward, the publisher expects the market value to reach US$ 44.0 Billion by 2025, at a CAGR of 6.2% during 2020-2025.
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry.
Some of these players are Kingsdown Inc., Kurlon Enterprise Ltd., Leggett & Platt Incorporated, Paramount Bed Co. Ltd., Sealy Corporation, Serta Inc., Simmons Bedding Company LLC, Sleep Number Corporation, Southerland Inc., Spring Air Company and Tempur-Pedic International, Inc.
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