Market revenue in 2024 | USD 12,926.5 million |
Market revenue in 2030 | USD 18,647.1 million |
Growth rate | 6.4% (CAGR from 2025 to 2030) |
Largest segment | Innerspring |
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) |
Innerspring was the largest segment with a revenue share of 49.62% in 2024. Horizon Databook has segmented the U.S. mattress market based on innerspring, foam, hybrid covering the revenue growth of each sub-segment from 2018 to 2030.
The market dominance is majorly attributed to the rapid expansion of residential and commercial sectors. According to a new report by the Harvard University Joint Center for Housing Studies, both older and younger house owners are spending extensively on home improvements as opposed to the scenario 20 years ago.
The demand for these mattresses is primarily driven by the costeffectiveness of low and mid-range memory foam mattresses offered by the manufacturers. Furthermore, as the nation is increasingly spending on healthier sleep products, the key market players are emphasizing on marketing these mattresses as healthier alternatives to conventional products.
Owing to the rising number of bedrooms the demand for mattresses in the residential application has increased. According to the United States Census Bureau, in 2018, out of 345,000 multi-family units, 150,000 had one-bedroom room, and 35,000 had three or more bedrooms.
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