Mattress Market Size, Share, Growth Analysis, By Material(Spring/Coil, Foam, Latex, Others), By Size(Queen, Twin, Full, Others), By Application(Households, Hospitality Facilities, Healthcare Facilities, Others), By Region - Industry Forecast 2024-2031

Global Mattress Market size was valued at USD 39.4 billion in 2019 and is poised to grow from USD 41.86 billion in 2023 to USD 67.5 billion by 2031, growing at a CAGR of 6.2% in the forecast period (2024-2031).

Whether used as a stand-alone bed or on a bedstead, a mattress is a fabric casing filled with a resilient substance (such as cotton, hair, feathers, foam rubber, or a configuration of coiled springs). The rise of specialty mattresses like airbeds, waterbeds, and foam-based mattresses is likely to be significantly influenced by the rise in back issues, which are mostly brought on by unpleasant sleeping surfaces. According to a new review of Global Burden of Disease (GBD) 2019 statistics, 1.71 billion individuals worldwide suffer from musculoskeletal diseases, such as rheumatoid arthritis, osteoarthritis, low back pain, neck discomfort, fractures, and other injuries. Furthermore, research revealed that at least $50 billion is spent yearly on treating back pain, and 80% of Americans will have back pain at some time in their lives. To comfort in-patients, out-patients, and caregivers, it is primarily employed by new hospitals as well as refurbished old healthcare institutions, which has greatly influenced the demand for such mattresses. This is expected to boost the growth of the global mattress market during the forecast period.

The key industry players are constantly working on product improvement in order to help the population deal with such diseases. For example, the Nectar Memory Foam Mattress which provides Three inches of pressure-relieving gel memory foam, two inches of quickly adjusting foam, and seven inches of sturdy foundation foam makes up the three major layers of this typical memory foam mattress. Its firmness rating of 6.5 out of 10 classifies it as a medium-firm mattress. Anyone who enjoys sinking into their mattress will find it to be a good fit because memory foam will conform to your body. This relieves pressure and can be helpful for those with joint discomfort. Couples should consider it as well because of how well it minimizes motion transmission. Research and development for better product availability will boost the growth of the global mattress market during the forecast period.

US Mattress Market is poised to grow at a sustainable CAGR for the next forecast year.