North America Mattress Market - Size
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
In past decades, people used to buy cotton or coir and then turn them into the mattress. Then the time started a diversion with the rubber and latex. And this created some way to the industrialisation of the sleeping mattress. A mattress is a large pad for supporting the sleeping position of the body, used as a part of the bed. Mattresses are formed from natural materials, including straw and feathers. Modern mattresses mostly contain either inner spring core or material such as latex, elastic or other polyurethane-type foams. Mattresses may additionally be filled with air or water or a spread of natural fibres, known as futons.
North America Mattress Market Size & Growth:
The North America Mattress Market was valued at $XX billion in 2017 and is projected to reach $XX billion by 2025, growing at a CAGR of x% in North America forecast period 2019 to 2025.
Drivers that influencing mattress market growth are International hotel chains display demand mattress which provides high comforts and sound sleep. Rising in disposable incomes helps to invest in a mattress market. The growth of the hospitality sector worldwide owes to an increase in market growth.
On the flip side, Scarce availability of raw materials for mattresses which leads to an increase in the price of premium products.
Consumers are much interested in the focus on sleep quality growing regularly.
North America Mattress Market Share:
The North America mattress market is segmented regarding product type, size, and region. Depending upon product type the market is segmented into memory foam, innerspring, hybrid, latex mattresses, gel-filled mattress, water-filled mattress, and air-filled mattress. On all
North America Mattress Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
of them, innerspring holds are estimated to reach 77.3% market share among the overall mattress market share by 2024. Increasing incidence of back disorders that are related to uncomfortable sleeping surfaces is the key factor behind the growth of innerspring
mattress segment. The rising number of wealthy consumers in developing economies is also strengthening demand.
Concerning size, the market is divided into a twin, twin XL, queen, double size, and king size. Among them, the queen size mattress displays the leading demand accounting for the leading revenue generation to the overall market. Queen size mattress is best suited for apartments, which are most popular in metropolitan areas of large cities. On the other hand, full or double size segment is projected to witness moderate demand through 2024. However, the twin XL segment is predicted to expand at a significant CAGR of 5.8% of the overall market share by 2024.
By application, the growth of the hospitality sector across the globe is also owing to boost the growth of the mattress market. International hotel chains especially show interest in the demand for high quality of mattress that helps in excellent comfort and sound sleep. The matrices market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.
By geography, the market is classified into North America. North America awning leading countries for mattress market in Canada, Mexico, and the United States are competitive in the mattress market. According to mattress market overview, the market share of unorganised players is expected to drop drastically in the coming years
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North America Mattress Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
in the global forecast period 2019-2025.
Major players operating the mattress market include Tempur Sealy International, Select Comfort Corporation, Leggett & Platt, SSB Manufacturing Company, Sealy Corporation, Serta, Innocor, Kolcraft Enterprises, Corsicana Bedding, Serta Simmons Bedding, Southerland, Aw Industries, Kingsdown,
North America Mattress Market Trends:
- May 2016 – Manwah records historical high revenue and net profit Lithuania.
- October 2012 – Manwah records orders of more than B140 Million.
North America Mattress Market Research Report:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s five, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and North America diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering the market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the major market players, such as
- ManWah
- King Koil inc
- Kingsdown inc
- Southerland bedding co
- Sealy Corporation
Along with these companies, there were many other companies considered/ cited in the report while analysing the mattress market. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.
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