Market revenue in 2022 | USD 4,125.7 million |
Market revenue in 2030 | USD 7,495.1 million |
Growth rate | 7.7% (CAGR from 2022 to 2030) |
Largest segment | Foam |
Fastest growing segment | Hybrid |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Innerspring, Foam, Hybrid, Latex |
Key market players worldwide | Tempur Sealy International Inc, Serta Simmons Bedding LLC, Sleep Number Corp, Sleep Country Canada Holdings Inc, Bollinger Industries Inc, Spring Air International, Southerland Sleep, Boll & Branch |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to mattress market will help companies and investors design strategic landscapes.
Foam was the largest segment with a revenue share of 38.76% in 2022. Horizon Databook has segmented the India mattress market based on innerspring, foam, hybrid, latex 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.
Horizon Databook provides a detailed overview of country-level data and insights on the India mattress market , including forecasts for subscribers. This country databook contains high-level insights into India mattress market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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