The U.S. mattress market will be observing a constant growth in the
coming years due to the improvement in mattress products and rising
adoption of gel-based memory foam mattress in the country. The
innerspring mattress in the U.S. accounted for majority of market in
recent years, followed by memory foam. The market share of memory foam
mattress in the country is increasing at a high rate during the entire
period of analysis.
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Baby boomers, that represents 20% of the U.S. population are the prime
consumers for memory foam mattresses in the country. The share of latex
mattress in the country is also expected to increase during the forecast
period owing to growing consciousness of customers for indoor air
quality and toxic chemicals in mattress foams. The markets for
plant-based memory foam, latex, and natural fibers such as organic
cotton, wool, and bamboo, are also increasing.
One of the major driver supporting the mattress market to grow at a
considerable rate is the rising consumer preference towards customized
mattresses in the U.S. The U.S. mattress market is mainly driven by
increasing population, which is leading to increasing rate of home
ownership. With the trend of fertility rates going below replacement
levels, the aging population is set to accelerate in the U.S. Due to
this, the demand for housing and associated markets such as the
mattresses is set to increase in future.
High cost of mattresses is one of the major factors restraining the
growth of the U.S. mattress market. Increase in raw material prices due
to increase in price of petroleum and steel also restrains the U.S.
mattress market.
U.S. Mattress Market Competitive Landscape
Some of the key players in the U.S. mattress market include Simmons
Bedding Company LLC, Kingsdown Inc., Spring Air International Inc. LLC,
Tempur Sealy International Inc., Select Comfort Corporation, Southerland
Bedding, and Corsicana Bedding Inc.
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