Market revenue in 2024 | USD 2,712.7 million |
Market revenue in 2030 | USD 4,510.3 million |
Growth rate | 8.9% (CAGR from 2025 to 2030) |
Largest segment | Foam |
Fastest growing segment | Foam |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Innerspring, Foam, Hybrid |
Key market players worldwide | Tempur Sealy International Inc, Serta Simmons Bedding LLC, Spring Air International, Sleep Number Corp, Kingsdown, Southerland Sleep, Hästens, Casper, Silentnight Group, Emma The Sleep Company (Emma Sleep GmbH) |
Foam was the largest segment with a revenue share of 57.9% in 2024. Horizon Databook has segmented the India mattress market based on innerspring, foam, hybrid covering the revenue growth of each sub-segment from 2018 to 2030.
Local players dominate the market in the country and offer mattresses at relatively cheaper prices. Thus, availability of a large number of products at affordable prices is expected to boost market growth during the forecast period.
Increasing cases of back ache in the country has been encouraging consumers to opt for memory foam mattresses. According to GlaxoSmithKline’s 2017 Global Pain Index, India has the second highest average number of sick leaves taken on account of body pain.
In addition, changing lifestyle, along with increasing awareness about the health benefits of memory foam, is expected to boost the demand for memory foam mattresses in India in the coming years. Significant development in the residential sector, owing to increasing income and expenditure on house remodeling, is generating higher demand for quality mattresses in the country.
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