U.S. Mattress Market - PowerPoint PPT Presentation

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U.S. Mattress Market

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The U.S. mattress market generated $16,716.5 million revenue in 2020, and it is expected to grow at a CAGR of 4.8% during 2020–2030. – PowerPoint PPT presentation

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Title: U.S. Mattress Market


1
2022
Increasing Tourist Activities Driving Mattress
Demand in U.S.
2
The U.S. Travel Association states that 79.3
million global visitations were recorded in the
U.S. in 2019. The association also states that
the federal government invested more than 21
million in the tourism sector in the financial
year (FY) 20202021. It also reveals that the
people in the U.S. made 2,317 million trips
within the country in 2019. As the tourism
industry is the backbone of the hospitality
sector, the surging number of domestic trips will
create a huge requirement for mattresses in the
U.S.   Additionally, the booming construction
sector, on account of the growing population and
mounting investments being made in residential
construction, will help the U.S. mattress market
exhibit a CAGR of 4.8 during 20202030.
According to PS Intelligence, the market revenue
will rise from 16,716.5 million in 2020 to
26,790.4 million by 2030. According to the U.S.
Census Bureau, the population of the country will
surge from 326 million in 2017 to 404 million by
2060. As per the bureau, the population will
cross 400 million by 2058.   Request for sample
copy of this report https//www.psmarketresearch.
com/market-analysis/us-mattress-market/report-samp
le In recent years, the U.S. populace has shown
a high inclination toward customized mattresses
to enhance comfort and avoid potential back
issues. Additionally, the availability of
customized mattresses also enables customers to
choose mattresses that fit perfectly into
personalized bed frames. For example, Americans
can buy customized mattresses from Tempur Sealy
International, which offers the option of
modifying the size, thickness, and firmness of
mattresses as per the height and weight of
individuals.
3
In the preceding years, the residential and
commercial sectors in the U.S. preferred
queen-size mattresses over king-size,
single-size, and double-size mattresses, as they
offer adequate space for two people and do not
occupy much space in a room. All these different
sizes of mattresses are available on online and
offline distribution channels. In recent years,
offline distribution channels recorded the
highest sales of mattresses in the country as a
large number of people prefer to visit a physical
store to buy these products and trust physical
retailers for aftersales services.   In the U.S.,
both distribution channels offer different sizes
of latex, water, air, gel, hybrid, innerspring,
and memory foam mattresses manufactured by
Corsicana Mattress Company, Saatva Inc., Spring
Air International, Purple Innovations Inc.,
Tempur Sealy International Inc., Kingsdown
Mattress, Sleep Number Corporation, Leesa Sleep
LLC, Casper Inc., and Serta Simmons Bedding LLC.
These companies are currently focusing on
offering improved mattresses to cater to the
evolving needs of the customers.   Browse full
report at https//www.psmarketresearch.com/market
-analysis/us-mattress-market   Geographically,
the Southern region dominated the U.S. mattress
market in the recent past, primarily on account
of the accelerating urbanization rate. Moreover,
the presence of a large population in southern
cities is also propelling the need for mattresses
in the region. The U.S. Census Bureau states the
population of the Southern region grew from
124,569,433 in 2018 to 125,580,448 in 2019. As
per the organization, a large section of the
countrys population resides in the region.
  Thus, the flourishing tourism industry and
expanding construction sector will create an
enormous requirement for mattresses in the U.S.
4
Market Segmentation
  • By Product
  • Innerspring
  • Memory foam
  • Latex
  • Others (includes Gel, Hybrid, Air, and Water)
  • By Size
  • Single-Size mattress
  • Double-Size Mattress
  • Queen-Size Mattress
  • King-Size Mattress
  • By Distribution Channel
  • Offline
  • Online
  • By End Use
  • Residential
  • Commercial
  • By Region
  • South
  • West
  • Midwest
  • Northeast

5
Disclaimer PS Intelligence always keeps its
customers interests at the core while carrying
out research activities. PS Intelligence ensures
the reliability and accuracy of information and
data provided in its market research
publications. However, the information in
publications is subject to fluctuations, as it is
based on primary interviews of officials from
various companies or organizations. PS
Intelligence is not responsible for any incorrect
data provided by the key industry players of the
concerned domain. the information or analysis in
PS Intelligence publications represents opinions
based on research and should not be interpreted
as statements of fact. Information in this report
was believed to be correct at the time of
publication, but cannot be guaranteed. PS
Intelligence does not endorse any product,
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