U.S. Mattress Market Overview, Dynamics, Drivers, Opportunities and Competitive Landscape
The U.S. mattressmarket 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.
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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.
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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.
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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