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United States Mattress Market Outlook to 2030

Region:North America

Author(s):Naman Rohilla

Product Code:KROD10501

Published On

December 2024

Total pages

100

About the Report

USA Mattress Market Overview

  • The United States mattress market, valued at USD 18 billion, is driven by increasing consumer awareness of sleep health and the expansion of the real estate and hospitality sectors.

USA Mattress Market Size

  • Major urban centers such as New York City, Los Angeles, and Chicago dominate the market due to their large populations, higher disposable incomes, and a robust hospitality industry that demands quality bedding solutions.
  • The U.S. Consumer Product Safety Commission enforces strict flammability standards for mattresses, requiring compliance with standards that limit the spread of fire. In 2023, about 95% of all mattresses sold in the U.S. were certified as compliant with these standards, ensuring consumer safety and driving a baseline requirement in mattress manufacturing.

USA Mattress Market Segmentation

  • By Product Type: The U.S. mattress market is segmented by product type into innerspring mattresses, memory foam mattresses, latex mattresses, hybrid mattresses, and airbeds. Innerspring mattresses hold a dominant market share due to their affordability and widespread consumer familiarity. Their established presence in the market, coupled with continuous innovations enhancing comfort and support, contributes to their leading position.

USA Mattress Market Share

  • By Size: The market is also segmented by size into twin, full, queen, king, and California king mattresses. Queen-size mattresses are the most popular among consumers, offering a balance between space and comfort, making them suitable for both individuals and couples. Their versatility and adaptability to various room sizes further bolster their dominance in the market.

USA Mattress Market Future

Competitive Landscape

The U.S. mattress market is characterized by the presence of both established manufacturers and emerging direct-to-consumer brands. This competitive environment fosters innovation and offers consumers a wide range of options to suit their preferences and budgets.

market overviews

USA Mattress Market Analysis

Market Growth Drivers

  • Rising Prevalence of Sleep Disorders: Sleep disorders, such as insomnia and sleep apnea, affect over 70 million adults in the United States, with a notable increase due to lifestyle changes and stress-related factors in recent years. According to the National Institutes of Health (NIH), the economic burden of sleep disorders, particularly in lost productivity and healthcare expenses, is substantial, reaching nearly $410 billion in indirect costs in 2022. This rise in sleep-related health concerns has driven a higher demand for quality mattresses designed to alleviate symptoms and enhance sleep quality, leading to increased sales in the mattress sector.
  • Increasing Consumer Awareness of Sleep Health: Awareness around the importance of sleep health has been growing, fueled by health campaigns from organizations like the CDC. Data from the CDC indicates that around 35% of U.S. adults experience insufficient sleep, often linked to various health complications. This awareness, amplified through digital media, encourages consumers to invest in high-quality mattresses that support better sleep, including specialized mattresses with orthopedic and ergonomic benefits. The growing recognition of sleep as essential to overall health drives a consistent consumer shift toward premium mattress options.
  • Expansion of the Real Estate and Hospitality Sectors: The U.S. real estate and hospitality sectors have shown resilience, with residential property sales valued at over $1.2 trillion in 2023 and investments in hotel and accommodation expansions post-COVID. The hospitality sector is a major consumer of mattresses, with hotel room occupancy increasing by about 5% from 2022 to 2023, as reported by the U.S. Travel Association. This sector's expansion, especially with luxury properties emphasizing high-end mattress brands, directly bolsters the demand for mattresses in both commercial and residential settings.

Market Challenges

  • High Competition Among Manufacturers: The U.S. mattress market is saturated with numerous manufacturers, both established and new, creating intense competition that affects pricing power. Industry reports show that around 350 mattress manufacturers operate in the U.S., and domestic production reached around 21 million units in 2023. This high competition pressures companies to focus on unique selling propositions, such as quality or innovation, to sustain market share.
  • Fluctuating Raw Material Prices: Raw materials for mattress manufacturing, including foam and textiles, have experienced price volatility due to supply chain disruptions and geopolitical tensions. In 2024, the Bureau of Labor Statistics reported a 6% increase in the Producer Price Index for key materials used in mattress production, contributing to rising costs for manufacturers. Such fluctuations have created challenges in maintaining consistent pricing for mattresses without impacting profit margins.

USA Mattress Market Future Outlook

Over the next five years, the U.S. mattress market is expected to experience steady growth, driven by continuous product innovation, increasing consumer focus on sleep quality, and the expansion of online sales channels. The integration of smart technologies into mattresses and the rising demand for eco-friendly products are anticipated to shape the market's future landscape.

Market Opportunities

  • Growth in E-commerce and Online Sales Channels: Online mattress sales have grown substantially, with the U.S. Census Bureau reporting a 10% year-over-year increase in furniture and bedding e-commerce sales in 2023. The shift to e-commerce offers convenience, a variety of choices, and competitive pricing, making it an attractive channel for consumers. This trend presents opportunities for mattress manufacturers to expand their digital presence and improve direct-to-consumer sales models, especially among tech-savvy younger consumers.
  • Demand for Eco-friendly and Sustainable Products: The mattress industry is witnessing a shift toward sustainability, with demand for eco-friendly options made from organic materials, like natural latex and recycled fibers. The U.S. Environmental Protection Agency reported a 7% increase in consumer spending on eco-friendly products in 2023, reflecting a growing preference for sustainable purchases. This trend aligns with environmentally conscious consumers willing to invest in sustainable mattress options, opening avenues for manufacturers to target this niche.

Scope of the Report

By Product Type

Innerspring Mattresses
Memory Foam Mattresses
Latex Mattresses
Hybrid Mattresses
Airbeds

By Size

Twin
Full
Queen
King
California King

By End User

Residential
Commercial
Hospitality
Healthcare
Educational Institutions

By Distribution Channel

Offline
Specialty Stores
Department Stores

Products

Key Target Audience

  • Mattress Manufacturers

  • Bedding Retailers

  • Hospitality Industry Stakeholders

  • Healthcare Facilities

  • Banks and Financial Institutions

  • Real Estate Developers

  • E-commerce Platforms

  • Investors and Venture Capitalist Firms

  • Government and Regulatory Bodies (e.g., Consumer Product Safety Commission)

Companies

Players Mentioned in the Report

  • Serta Simmons Bedding LLC

  • Tempur Sealy International Inc.

  • Sleep Number Corporation

  • Casper Sleep Inc.

  • Purple Innovation Inc.

  • Saatva Inc.

  • Amerisleep

  • Leesa Sleep LLC

  • Tuft & Needle

  • Helix Sleep

Table of Contents

1. USA Mattress Market Overview

1.1 Definition and Scope

1.2 Market Taxonomy

1.3 Market Growth Rate

1.4 Market Segmentation Overview

2. USA Mattress Market Size (USD Billion)

2.1 Historical Market Size

2.2 Year-On-Year Growth Analysis

2.3 Key Market Developments and Milestones

3. USA Mattress Market Analysis

3.1 Growth Drivers

3.1.1 Rising Prevalence of Sleep Disorders

3.1.2 Increasing Consumer Awareness of Sleep Health

3.1.3 Expansion of the Real Estate and Hospitality Sectors

3.1.4 Technological Advancements in Mattress Design

3.2 Market Challenges

3.2.1 High Competition Among Manufacturers

3.2.2 Fluctuating Raw Material Prices

3.2.3 Supply Chain Disruptions

3.3 Opportunities

3.3.1 Growth in E-commerce and Online Sales Channels

3.3.2 Demand for Eco-friendly and Sustainable Products

3.3.3 Expansion into Untapped Regional Markets

3.4 Trends

3.4.1 Adoption of Smart Mattress Technologies

3.4.2 Customization and Personalization of Products

3.4.3 Integration with Smart Home Ecosystems

3.5 Government Regulations

3.5.1 Flammability Standards

3.5.2 Environmental Compliance

3.5.3 Trade Policies and Import Tariffs

3.6 SWOT Analysis

3.7 Stakeholder Ecosystem

3.8 Porter's Five Forces Analysis

3.9 Competitive Landscape

4. USA Mattress Market Segmentation

4.1 By Product Type (Value %)

4.1.1 Innerspring Mattresses

4.1.2 Memory Foam Mattresses

4.1.3 Latex Mattresses

4.1.4 Hybrid Mattresses

4.1.5 Airbeds

4.2 By Size (Value %)

4.2.1 Twin

4.2.2 Full

4.2.3 Queen

4.2.4 King

4.2.5 California King

4.3 By End User (Value %)

4.3.1 Residential

4.3.2 Commercial

4.3.2.1 Hospitality

4.3.2.2 Healthcare

4.3.2.3 Educational Institutions

4.4 By Distribution Channel (Value %)

4.4.1 Offline

4.4.1.1 Specialty Stores

4.4.1.2 Department Stores

4.4.1.3 Furniture Retailers

4.4.2 Online

4.4.2.1 E-commerce Platforms

4.4.2.2 Company-owned Websites

4.5 By Region (Value %)

4.5.1 Northeast

4.5.2 Midwest

4.5.3 South

4.5.4 West

5. USA Mattress Market Competitive Analysis

5.1 Detailed Profiles of Major Companies

5.1.1 Serta Simmons Bedding LLC

5.1.2 Tempur Sealy International Inc.

5.1.3 Sleep Number Corporation

5.1.4 Casper Sleep Inc.

5.1.5 Purple Innovation Inc.

5.1.6 Saatva Inc.

5.1.7 Amerisleep

5.1.8 Leesa Sleep LLC

5.1.9 Tuft & Needle

5.1.10 Helix Sleep

5.1.11 Avocado Green Mattress

5.1.12 Brooklyn Bedding

5.1.13 Nectar Sleep

5.1.14 Bear Mattress

5.1.15 WinkBeds

5.2 Cross Comparison Parameters

5.2.1 Number of Employees

5.2.2 Headquarters Location

5.2.3 Year of Establishment

5.2.4 Revenue

5.2.5 Product Portfolio

5.2.6 Distribution Channels

5.2.7 Market Share

5.2.8 Recent Developments

5.3 Market Share Analysis

5.4 Strategic Initiatives

5.5 Mergers and Acquisitions

5.6 Investment Analysis

5.6.1 Venture Capital Funding

5.6.2 Government Grants

5.6.3 Private Equity Investments

6. USA Mattress Market Regulatory Framework

6.1 Environmental Standards

6.2 Compliance Requirements

6.3 Certification Processes

7. Future Market Size (USD Billion)

7.1 Future Market Size Projections

7.2 Key Factors Driving Future Market Growth

8. Future Market Segmentation

8.1 By Product Type (Value %)

8.2 By Size (Value %)

8.3 By End User (Value %)

8.4 By Distribution Channel (Value %)

8.5 By Region (Value %)

9. USA Mattress Market Analysts Recommendations

9.1 Total Addressable Market (TAM), Serviceable Available Market (SAM), and Serviceable Obtainable Market (SOM) Analysis

9.2 Customer Cohort Analysis

9.3 Marketing Initiatives

9.4 White Space Opportunity Analysis

Disclaimer Contact Us

Research Methodology

Step 1: Identification of Key Variables

The initial phase involves constructing an ecosystem map encompassing all major stakeholders within the U.S. mattress market. This step is underpinned by extensive desk research, utilizing a combination of secondary and proprietary databases to gather comprehensive industry-level information. The primary objective is to identify and define the critical variables that influence market dynamics.

Step 2: Market Analysis and Construction

In this phase, we compile and analyze historical data pertaining to the U.S. mattress market. This includes assessing market penetration, the ratio of marketplaces to service providers, and the resultant revenue generation. Furthermore, an evaluation of service quality statistics is conducted to ensure the reliability and accuracy of the revenue estimates.

Step 3: Hypothesis Validation and Expert Consultation

Market hypotheses are developed and subsequently validated through computer-assisted telephone interviews (CATIs) with industry experts representing a diverse array of companies. These consultations provide valuable operational and financial insights directly from industry practitioners, which are instrumental in refining and corroborating the market data.

Step 4: Research Synthesis and Final Output

The final phase involves direct engagement with multiple mattress manufacturers to acquire detailed insights into product segments, sales performance, consumer preferences, and other pertinent factors. This interaction serves to verify and complement the statistics derived from the bottom-up approach, thereby ensuring a comprehensive, accurate, and validated analysis of the U.S. mattress market.

Frequently Asked Questions

1. How big is the U.S. mattress market?

The U.S. mattress market is valued at USD 18 billion, driven by increasing consumer awareness of sleep health and the expansion of the real estate and hospitality sectors.

2. What are the challenges in the U.S. mattress market?

Challenges include high competition among manufacturers, fluctuating raw material prices, and supply chain disruptions, which can impact production costs and product availability.

3. Who are the major players in the U.S. mattress market?

Key players include Serta Simmons Bedding LLC, Tempur Sealy International Inc., Sleep Number Corporation, Casper Sleep Inc., and Purple Innovation Inc., dominating due to their extensive product portfolios and strong distribution networks.

4. What are the growth drivers of the U.S. mattress market?

Growth drivers encompass rising prevalence of sleep disorders, increasing consumer awareness of sleep health, expansion of the real estate and hospitality sectors, and technological advancements in mattress design.

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