Menu Close

What is the size of the mattress market in the US?

What is the size of the mattress market in the US?

17.3 billion U.S. dollars
In 2018, the mattress market in the United States was valued at 17.3 billion U.S. dollars. This market was forecast to reach a value of 18.9 billion U.S. dollars by 2023.

Who sells the most mattresses in the USA?

Top Mattress Companies in the US

Company Annual Sales
1. Serta, Inc. $250 Mil & over
2. Sealy, Inc. $250 Mil & over
3. Tempur-Pedic, Inc. $250 Mil & over
4. Ashley Furniture $250 Mil & over

How big is the mattress industry?

The global mattress market is expected to grow from about 30 billion U.S. dollars in 2019 to over 43 billion dollars by 2024. One of the major trends in recent years has been mattress e-commerce.

Is the mattress industry growing?

The global mattress market size was USD 30.36 billion in 2020. The market is projected to grow from USD 30.93 billion in 2021 to USD 42.84 billion in 2028 at a CAGR of 4.8% in the 2021-2028 period.

How many mattresses are sold annually?

The US dominates global mattress sales. Furthermore, statistics show that the number of mattresses sold in the US per year is around 35.9 million.

How many mattress manufacturers are there in the US?

Experts estimate there are now around 175 bed-in-a-box companies in business. Many say the mattresses have very similar foam formulations and sometimes are even manufactured by the same companies. Sameness in the companies’ branding and marketing strategies may create confusion for consumers.

What demographic buys the most mattresses?

The Demographics of Mattress Buyers

  • Mattress Involveds (6.9 years. This groups pays more than any other for mattresses and research their purchase extensively.)
  • Sleep Sufferers (9.2 years. This group skews female and lower-income.)
  • Healthy and Content (12.5 years.
  • Brand Selectors (11.5 years.
  • Apathetics (13.5 years.

Is the mattress business profitable?

Mattresses offer one of the best profit margins in retail. While some grocery store chains might earn a 5 percent profit margin, mattresses have a markup in the 40 to 50 percent range, according to Consumer Reports. According to one study, a $3,000 mattress might only cost $300 to manufacture — a 900 percent markup.

How many mattress manufacturers are in the United States?

Experts estimate there are now around 175 bed-in-a-box companies in business. Many say the mattresses have very similar foam formulations and sometimes are even manufactured by the same companies.

How many mattress manufacturers are in the US?

Currently, there are 597 mattress manufacturers in the USA. Whether you get a memory foam new mattress or an organic cotton mattress, it’s important to ensure it’s made in USA so you get top-quality sleep.

How many mattresses are shipped in a year?

More than 35.9 million mattresses are shipped each year by the mattress industry. This includes international shipments and online purchase shipments. (Statistic Brain) #3. The average household will keep their mattress for 7 years before seeking out a replacement for it. (Statistic Brain) #4.

How big is the mattress market in the US?

Since 2009, furniture and bedding sales in the United States have been steadily on the rise. The global mattress market is expected to grow from about 30 billion U.S. dollars in 2019 to over 43 billion dollars by 2024.

How much money does the mattress industry make?

The total amount of annual revenue generated by the mattress sales industry in the United States is $7 billion. That is about 25% of the global revenues that the mattress industry is able to generate, across all categories, in any given year. (Statistic Brain)

Who are the leading manufacturers of mattresses in the US?

#4. Sealy is the leading mattress manufacturer in the United States. They average about $1.38 billion in sales every year and control about 19% of the overall market. Serta followed at 17%, while Simmons controls about 15% of the overall market. (Statistic Brain)