Global Mattress and FR Mattress Market 2023
Driven by rise in demand from commercial sectors and the availability of a wide range of mattress options
February 2024
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About the Report
About the Report
Market Overview:
A rapidly evolving market with immense growth potential Global Mattress market is being driven by rise in demand from commercial sectors and the availability of a wide range of mattress options. There is a growing awareness of fire safety among consumers and businesses alike, which is driving the demand for FR mattresses.
The Global FR Mattress Market stands at around 60% of overall mattress market And Is Poised to Grow at Faster Pace Than Overall Market Due to Awareness for Safety and Growing Demand from Commercial Sectors. The Supply-Side Ecosystem of Mattresses Includes Multinational Brands Along with Regional Brands.
The Supply-Side Ecosystem of Mattresses Includes Multinational Brands Along with Regional Brands. The EU Has Issued Certain Mandatory Regulations For Mattress Manufacturers With Regards To Ignitability Of Materials. Manufacturers and importers of mattresses and bed bases must ensure that their products comply with the UK Furniture and Furnishings (Fire) (Safety) Regulations 1988.
Global Mattress Market Analysis
- Majorly FR Fabrics Are Outsourced by Mattress Companies and Are Either Procured from Domestic or International Vendors.
- Importers Or Distributors Acquire Mattresses Directly from The Manufacturing Plant and Subsequently Supply These Mattresses to Retailers for Sale.
- In the US, 45% of mattress sales occur online. Approximately 40% of mattresses come with a 100-night trial period, while 20% offer a full-year trial.
- USA Leads in Imports Both in Terms of Value and Volume of Mattress, While China Leads in Terms of Export Value and Malaysia by Export Volume.
Key Trends by Market Segment:
By Region: Majorly FR Fabrics Are Outsourced by Mattress Companies and Are Either Procured from Domestic or International Vendors. Importers Or Distributors Acquire Mattresses Directly from The Manufacturing Plant and Subsequently Supply These Mattresses to Retailers for Sale. USA Leads in Imports Both in Terms of Value and Volume of Mattress, While China Leads in Terms of Export Value and Malaysia by Export Volume.
Competitive Landscape:
Major Players in Global Mattress Market
- Tempur-Pedic is well-known for introducing memory foam mattresses to the market. Their mattresses are made from a proprietary Tempur material that conforms to the shape of the body.
- Serta often incorporates advanced technologies like gel memory foam and innerspring support systems to enhance comfort and support. Serta is a preferred choice for many hotels, contributing to its reputation for providing comfortable and durable mattresses.
- The brand often features luxury mattress collections with advanced materials and designs, appealing to customers seeking high-end options.
- Sealy incorporates Posturepedic Technology in their mattresses, aiming to provide targeted support for different parts of the body. Sealy offers a variety of mattresses, including traditional innerspring and hybrid models, catering to diverse customer preferences.
- Nectar mattresses are often considered more budget-friendly compared to some other premium brands, making them accessible to a broader range of consumers.
Recent Developments:
- Manufacturers and importers of mattresses and bed bases must ensure that their products comply with the UK Furniture and Furnishings (Fire) (Safety) Regulations 1988. This can be done by having their products tested by a notified body, which is an accredited laboratory that has been designated by the UK government to test products for compliance with UK standards.
- If a product is found to be non-compliant with the regulations, the manufacturer or importer may be required to take corrective action, such as withdrawing the product from the market.
- Apart from UK Furniture and Furnishings (Fire) (Safety) Regulations 1988, the BS standards are not mandatory, but they are widely used by manufacturers and retailers to ensure that their products meet the highest safety standards.
Scope Of The Report
Scope of the Report
Global Mattress Market Segmentation |
|
By Countries |
· North America · South America · European Union · Asia · Africa · Oceania |
By Importing nations |
· USA · Australia · Canada |
By Exporting nations |
· Malaysia · Thailand · USA |
Products
Products
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report:
- Investors
- Hospitality Industry
- Environmentally Conscious Consumers
- Consumers Seeking Quality Sleep
- E-Commerce Shoppers
- Government Entity
- Athletes and Fitness Enthusiasts
Time Period Captured in the Report:
- Period: 2022-2023
Companies
Major Players Mentioned in the Report:
- Tempur Pedic
- Casper
- Nector
- Dunlopillo
- Probel
- Emma
- Simba
- Sleepwell
- Kurlon
- Slumberland
Table of Contents
Table of Contents
1. Market Size: Global Mattress Market Size, 2022 & 2023
2. Ecosystem: Major Brands/ Manufacturers of Mattresses Across Region
3. Regulations: Flame Retardant Mattress Regulations
3.1 Regulations for European Union
3.2 Regulations for United Kingdom
3.3 Regulations for United States
3.4 Regulations for Canada
4.Value Chain of Global Mattress Market
5. Trade Scenario
5.1 Mattress Market Import and Export Scenario
5.2 Shippers of Mattress and Mattress Fabric by Region
6. Research Methodology
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Research Methodology
Research Methodology
Step 1: Identifying Key Variables: Ecosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around market to collate industry level information.
Step 2: Market Building: Collating statistics on mattress market over the years, penetration of marketplaces and service providers ratio to compute revenue generated for global mattress market. We will also review service quality statistics to understand revenue generated which can ensure accuracy behind the data points shared.
Step 3: Validating and Finalizing: Building market hypothesis and conducting CATIs with industry exerts belonging to different companies to validate statistics and seek operational and financial information from company representatives.
Step 4: Research output: Our team will approach multiple mattress providing channels and understand nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through bottom to top approach from global mattress providers.
Frequently Asked Questions
Frequently Asked Questions
How big is Global Mattress Market?
The Global Mattress Market was valued at USD 41,753 Mn in 2023.
What are the Key Factors Driving the Global Mattress Market?
The global mattress market is driven by increasing awareness of the importance of quality sleep for health and well-being, coupled with innovations in mattress technologies such as memory foam, adjustable firmness, and sustainable materials. Additionally, the growing popularity of online mattress sales and the influence of factors like comfort, durability, and customization contribute to market expansion.
Who are the Key Players in the Global Mattress Market?
Tempur Pedic, Casper, Nector and Dunlopillo are some of the key players in the Market.
What is the most growing nation in the Global Mattress Market?
USA leads in imports both in terms of value and volume of mattress in the Global Mattress.
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