26 Captivating Mattress Industry Statistics for 2022

Dalai Lama said sleep is the best meditation, and there are not many of us who would disagree with that. According to statistics, an average person will spend 26 years sleeping during their lifetime. But, how much of all that time is quality sleep?

A suitable mattress is one of the essential conditions for good sleep. Since the earliest days of humanity, people have desired to sleep on something comfy. This is why we have listed some of the most interesting mattress industry statistics, so keep reading.

Top 10 Mattress Trends and Stats

  • The global mattress market will reach $42.84 billion in the next six years.
  • 69% of online shoppers choose this option because of COVID-19 concerns.
  • With 66.79%, the spring/coil segment dominated the market in 2020.
  • Approximately $12.28 billion of revenue was generated in the US in 2022.
  • There are 9,134 bed & mattress store businesses in the US in 2022.
  • The hybrid segment will grow at a CAGR of 7.1% by 2027.
  • The memory foam mattress market value will reach $17.69 billion by 2026.
  • 83% of consumers look for comfort and support when buying a mattress.
  • 66% of millennials spent less than $1,000 on a mattress in 2020.
  • Consumers aged 18-35 typically replace their mattresses after 5.7 years. 

Global Mattress Industry Trends

People are getting more conscious about the importance of good sleep. So it is safe to say that the mattress industry is here to stay since humans will desire a cozy mattress as long as they require sleep. But have mattress sales been on the rise? Find out in this section.

1. Mattress industry 2021 statistics showed that, in 2028, the global mattress market is predicted to reach about $42.84 billion.

(PR Newswire)

By wishing to enhance their health, people place great focus on good sleep, which led to the massive popularity of organic and natural mattresses worldwide.

According to recent stats on the global mattress market in 2021, the international mattress market was valued at approximately $29.63 billion. Between 2021 and 2028, it is expected to grow at a CAGR of around 4.6%.

2. In 2020, the revenue in the mattress segment grew about 8.3%.

(Mattress Clarity, Statista)

The mattress manufacturing industry’s revenue amounts to $38.18 billion. Although the coronavirus is responsible for the decline in retail sales, it seems to be lucrative for the mattress industry. 

The uptick in the mattress industry trends from 2020 persisted thanks to the pandemic since people spend more time at home. This resulted in 4 out of 10 shoppers stating they might be making more extensive household investments.

3. In 2020, the Asia-Pacific market was valued at $12.80 billion.

(Fortune Business Insights)

According to statistics from 2020, Asia Pacific held the highest mattress market share that same year. 

Only two years before that, China accounted for 85.4% of mattress, mattress base, and support imports, which made this country one of the largest importers of bed-related materials.

4. According to a survey, 69% of people who shop online choose this option because of COVID-19 concerns.

(BedTimes)

Mattresses are taking the ecommerce world by storm. As we have seen, in 2019, ecommerce sales amounted to $3.53 trillion globally, so it is no surprise that mattress trends show the same growth. 

Moreover, 41% of consumers stated that another reason for shopping online for mattresses is finding a better price online, while 25% stated they don’t have enough time to shop in person.

5. Budget mattress prices go as low as $250, while you can spend as much as $3,500+ on a luxury mattress.

(Sleep Foundation)

Taking a look at standard mattress rates, we can see that the lowest average price for a queen mattress is $600, while a twin mattress is $400. When it comes to luxury mattresses, the average prices are $1,800 and $1,300 for queen and twin mattresses, respectively.

6. In 2020, the spring/coil segment dominated the global mattress market with 66.79%.

(Fortune Business Insights)

Global mattress industry market share from 2020 also showed that, in terms of material, foam mattresses follow the spring/coil ones, also known as innerspring, while third place belongs to latex mattresses.

7. However, only 63% of consumers are satisfied with their innerspring mattress purchase.

(The Sleep Shop)

As it turns out, the most commonly purchased type of mattress also has the lowest satisfaction ratings. Compared to approximately 80% of satisfied latex and memory foam owners and around 79% of waterbed users, this percentage is relatively low.

8. Mattress statistics show that the hybrid segment is estimated to grow at a CAGR of 7.1% by 2027.

(Allied Market Research, Ein News)

This type of mattress is known for improved comfort thanks to innerspring and memory foam/latex, which facilitate healthy sleep, preventing the mattress from sinking in while maintaining the movement of the coil. 

What’s more, cooling, organic, and vegan mattresses are some of the latest innovations in the market.

9. The UK mattress market size is estimated to grow at a CAGR of 1.52% between 2021 and 2026.

(Mordor Intelligence)

In 2019, mattress imports to the United Kingdom went up 4.21%, from $666 million in the year before to $694 million. This put the UK in fifth place among all mattress importers. 

According to the UK mattress industry statistics, the future looks bright since the mattress businesses have been growing. What’s more, the current pandemic led to increased health consciousness, which then set about the massive shift in this particular sector.

Mattress Sales in the US

This section deals with all the main stats and facts concerning leading mattress retailers in the US and mattress sales, so read on to find out this and more.

10. In 2022, $12.28 billion of revenue was generated in the US.

(Statista, PR Newswire)

When it comes to the US mattress market size, from 2022 to 2026, the market is expected to grow at a CAGR of 2.65%. What’s more, by 2030, it is expected to generate $26.8 billion in revenue, which is no surprise since the United States is the biggest consumer market in the world.

11. A survey from 2019 showed that 43% of respondents purchased their mattresses from a mattress specialty store in the US. 

(Statista)

The survey also showed that 21% of respondents bought their mattresses in a department store, 15% in a furniture store, and the same percent made their purchase in a big box store.

12. The analysis of available memory foam mattress facts suggests that, by 2026, the memory foam mattress market in the US will reach a value of $17.69 billion.

(GlobeNewswire)

This market is projected to grow at a CAGR of 6.35% in the forecast period. One of the significant factors that drive this market growth is the increased occurrence of sleep disorders and back pain.

13. According to mattress market share by brand in the US from 2021, Sealy led with a 15% market share.

(TraQline)

Serta was in second place, although it had fallen significantly compared to the year before. The fourth on the list, Purple, boasted the highest growth rate from 2020 to 2021. 

14. Tempur-Pedic got a customer satisfaction score of 882 out of 1,000 in 2021. 

(J.D. Power)

Tempur-Pedic is followed by Sleep Number and Purple, with a score of 881 and 878, respectively. The survey focused on factors like price, comfort, durability, support, variety of features, warranty, and customer service.

15. Mattress industry statistics from 2022 show that there are 9,134 bed & mattress store businesses in the US.

(IBISWorld)

Compared to the previous year, this is an increase of 0.6%. With 2,239 businesses, California boasts the highest number, followed by Texas and Florida, with 1,960 and 1,807 businesses, respectively.

16. Haverty’s and Sit’n’Sleep are the best stores in the US in terms of customer experience, with a rating of 4 out of 5.

(The Sleep Sherpa)

According to US mattress sales statistics, Slumberland, Walmart, and Denver Mattress take second place, all with a score of 3.83. They are followed by Macy’s (3.75), Ikea (3.58), Costco (3.5), and Mattress Firm (3.25).

17. With 5,000 outlets, Walmart is the biggest mattress store in the US.

(The Sleep Sherpa)

Walmart tops the list, while also boasting 11,635 outlets across the world. Second place belongs to Mattress Firm, with about 3,500 outlets, while Big Lots boasts 1,400 locations.

18. American mattress sales statistics show that WinkBed is the overall best mattress made in the US.

(Sleep Foundation)

Nowadays, a great variety of mattresses is available on the growing market, so choosing the right one presents a challenge. Zoma Mattress will be the right choice if you are looking for the best value, while Saatva Classic is the best among luxury mattresses.

19. In 2020, the largest share in the US market came from the Southern region.

(Prescient & Strategic Intelligence, Statista)

One of the leading causes of the mattress industry growth in this region is growing urbanization, while Southern cities in the country boast the largest population. Atlanta, for example, witnesses an addition of around 69,200 residents every year. 

What’s more, until 2025, the Southern region is expected to experience growth of nearly 25% in furniture and bedding sales.

Interesting Mattress Facts

In this section, we start from the demographics of mattress buyers and continue with some of the facts we think you should know.

20. According to a multiple-answer survey, 83% of consumers look for comfort and support when buying a new mattress.

(BedTimes)

Size-thickness matters to 57% of the consumers, while 56% cited construction/materials. The lowest percentage went to technology/innovation — 16%.

21. 66% of millennials spent less than $1,000 on a mattress, according to a survey from 2020.

(BedTimes)

Boomers seemed to spend more, since 53% stated they bought mattresses for less than $1,000. However, mattress industry sales data also shows that 74% of millennials, as opposed to 54% of boomers, also bought some accessories for their mattresses. 

If we consider the fact that furniture industry statistics show that 42% of all furniture and bedding purchases in the US in 2018 came from millennials, this information comes as no surprise.

22. One of the more unpleasant mattress facts is that an average used mattress can house up to 10 million microscopic bugs.

(Amerisleep)

Although many people won’t notice any consequences, those suffering from allergies should consider changing their mattresses more frequently. 

23. US safety regulations from 2007 require that all mattresses contain flame retardants.

(Mattress Clarity)

If there happens to be an incident caused by a cigarette or a candle, a mattress would be able to withstand exposure to an open flame for a longer period, giving enough time for people to get to a safe place. 

Old Mattress Facts and Statistics

When was the first mattress made, and how long should a mattress last? Read on and find out. 

24. The oldest known mattresses are believed to be 77,000 years old.

(British Beds Worldwide)

This early form of a mattress was discovered in a cave. The improvised sleeping mats were made from evergreen leafage that staves off mosquitos.

25. A mattress lasts from 7 to 10 years, according to mattress industry statistics.

(Sleep Foundation)

Of course, this is a rough estimate as mattresses don’t have a precise expiration date. Many factors can influence mattress lifespan, starting from the material it’s made of, the quality of a mattress, its type, sleep position, bodyweight, and lastly, your maintenance routine.

26. Consumers between the ages of 18 and 35 replace their mattresses after 5.7 years.

(BedTimes)

Different demographic groups have diverse expectations of mattress life. While consumers between the ages of 18 and 35 anticipate a mattress will last for 7.1 years, those older than 56 expect it to last for 12.1 years, and on average, replace their old mattresses after 12.3 years. 

FAQ

Is the mattress industry growing?

Starting from 2019 and continuing until 2024, the global mattress market is expected to grow at a CAGR of 7.1%. 

How competitive is the mattress industry?

Serta Simmons Bedding was the world’s largest mattress manufacturer for years until various direct-to-consumer competitors entered the market, redefining how consumers bought mattresses and drastically increasing the competitiveness within the industry.

How many mattress manufacturers are there?

The mattress industry experienced a significant change in the mid-2010s when the bed-in-a-box trend began. As a result, the number of new brands in the mattress space has risen fast, and, in 2019, there were 175 online mattress companies. 

The Bottom Line

If you belong to the group of people who prioritize a good night’s sleep, these mattress industry statistics will surely come in handy when deciding whether it is time for you to change your sleeping habits. 

This industry has come a long way since its origin, and it shows no signs of slowing down. What’s more, the pandemic and the stay-at-home demands have only positively affected the mattress industry.

Sources

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Jelena holds a bachelor's degree in English language and literature. Although she wanted to be an English teacher, Jelena found herself in creative writing. She loves to travel and wander around unfamiliar places, while in her spare time, she loves watching movies, reading books, playing with her two dogs, and discovering new music.

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