Key Highlights
- The global mattress market was valued at approximately $30 billion in 2022
- The online mattress sales accounted for around 20% of the total mattress market in 2022
- Memory foam mattresses hold roughly 35% of the global mattress market as of 2023
- The average lifespan of a mattress is about 7-10 years
- Approximately 40% of Americans replace their mattress every 5 to 7 years
- The direct-to-consumer mattress sales grew by over 50% between 2019 and 2022
- The average price of a new mattress in 2023 is approximately $1,200
- Gel-infused memory foam mattresses are increasing in popularity, accounting for around 15% of sales in 2023
- The Asia-Pacific region led the mattress market with about 45% market share in 2022
- The eco-friendly or organic mattress segment is growing at a CAGR of 8% annually
- The rising awareness of back pain and sleep health has increased consumer demand for orthopedic mattresses
- Hybrid mattresses, combining memory foam and innerspring, accounted for roughly 25% of mattress sales in 2023
- The percentage of households globally owning a mattress has increased to over 90% as of 2023
The mattress industry is experiencing a seismic shift as e-commerce growth, innovative sleep technologies, and eco-friendly options drive an estimated $30 billion global market that caters to over 90% of households worldwide, reshaping how we buy, sleep, and prioritize health.
Consumer Preferences
- Nearly 60% of consumers read online reviews before buying a mattress
- The share of consumers who prefer memory foam mattresses because of their pressure-relief properties is about 42%
Consumer Preferences Interpretation
Environmental Sustainability and Recycling
- The percentage of mattresses disposed of in landfills is estimated at 80% in the U.S., prompting increased recycling efforts
- The adoption of eco-friendly manufacturing practices in the mattress industry increased by over 30% between 2019 and 2022
Environmental Sustainability and Recycling Interpretation
Market Segmentation and Consumer Preferences
- Approximately 40% of Americans replace their mattress every 5 to 7 years
- The rising awareness of back pain and sleep health has increased consumer demand for orthopedic mattresses
- Approximately 35% of consumers prefer to purchase mattresses online rather than in-store
- The most common size purchased is the queen size, accounting for about 45% of mattress sales
- The average lead time from order to delivery in e-commerce mattress sales is approximately 4-7 days
- About 55% of U.S. consumers consider sleep health a priority when purchasing a mattress
- The average weight of a boxed (compressed) mattress shipped online is about 55 pounds
- The percentage of consumers upgrading to a new mattress after 8-10 years is approximately 70%, according to sleep studies
- Approximately 25% of mattress owners replace their mattress because of discomfort or back pain
- The online-only mattress brands tend to focus more on customer experience, influencing 70% of purchase decisions
- The global replacement rate for mattresses in hotels is roughly 2-3 years, considerably shorter than household replacement cycles due to higher usage
Market Segmentation and Consumer Preferences Interpretation
Market Size, Growth, and Industry Revenue
- The global mattress market was valued at approximately $30 billion in 2022
- The online mattress sales accounted for around 20% of the total mattress market in 2022
- Memory foam mattresses hold roughly 35% of the global mattress market as of 2023
- The average lifespan of a mattress is about 7-10 years
- The direct-to-consumer mattress sales grew by over 50% between 2019 and 2022
- The average price of a new mattress in 2023 is approximately $1,200
- Gel-infused memory foam mattresses are increasing in popularity, accounting for around 15% of sales in 2023
- The Asia-Pacific region led the mattress market with about 45% market share in 2022
- The eco-friendly or organic mattress segment is growing at a CAGR of 8% annually
- Hybrid mattresses, combining memory foam and innerspring, accounted for roughly 25% of mattress sales in 2023
- The percentage of households globally owning a mattress has increased to over 90% as of 2023
- The U.S. mattress industry generates approximately $4 billion annually in sales
- The number of startup mattress brands increased by more than 70% from 2018 to 2023
- The average weight of a mattress sold today is approximately 60 pounds
- The use of smart mattresses with sleep-tracking technology is projected to grow at a CAGR of 12% through 2028
- The percentage share of private label mattresses in retail stores is roughly 30%
- The popularity of adjustable beds with mattresses has increased by 25% over the past three years
- The retail segment accounts for around 60% of mattress sales worldwide
- The global organic and natural mattress market is expected to grow at a CAGR of 7.5% from 2023 to 2030
- The market share of traditional innerspring mattresses has decreased by approximately 20% since 2018, while foam-based mattresses have increased
- The average number of mattresses sold per retail store annually is around 150 units
- The global sleeper sofa and mattress combination market is valued at over $3 billion as of 2023
- The demand for antimicrobial and hypoallergenic mattresses has risen by approximately 10% annually since 2020
- The average markup on mattresses in retail stores is around 40-50%, depending on brand and type
- The growth of online mattress brands has led to an increase in direct-to-consumer sales to about 60% of the market segment
- The mattress recycling industry in the U.S. is growing at a CAGR of 5%, driven by regulations and environmental concerns
- The global market for mattresses in hospitality and healthcare sectors is projected to reach $8 billion by 2026
- The C-section of the mattress industry including foam, innerspring, and hybrid is expected to grow at a CAGR of 4.3% from 2023 to 2030
- The furniture retail sector, including mattresses, is projected to reach revenues of $600 billion globally by 2025
- The global premium mattress segment, defined as mattresses over $2,000, makes up approximately 15% of the total market in 2023
- The rise of sleep tech devices connected to mattresses is expected to grow at a CAGR of 12% through 2030
- The market share for natural latex mattresses in 2023 is estimated at roughly 10%, with increasing consumer interest in sustainable options
- The average lifetime revenue per mattress sold in the U.S. retail market exceeds $400, considering initial sale and replacement cycles
- The percentage of households with adjustable or smart beds and mattresses is projected to reach 22% worldwide by 2025
- The market for antimicrobial and hypoallergenic mattresses is estimated to grow at a CAGR of 10% between 2023 and 2030
Market Size, Growth, and Industry Revenue Interpretation
Regional and Demographic Insights
- Consumers aged 25-34 are the largest demographic group purchasing mattresses online, accounting for roughly 40% of e-commerce sales
Regional and Demographic Insights Interpretation
Sources & References
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