$8.5bn
$XXX.Xm
24,202
337
$X.Xbn
Mattress manufacturers have faced significant volatility in recent years. During the early stages of the pandemic, manufacturers benefited from the health and growth of the residential construction sector. Low interest rates and rising disposable income enabled consumers to purchase homes, creating demand for mattresses and furniture. However, rising inflation, interest rate hikes and growing economic uncertainty resulted in drops in the value of residential construction, existing home sales and housing starts, lowering demand for new mattresses toward the end of the period. These trends have led to revenue falling at an estimated CAGR of 0.8% to $8.5 billion in 2024, including a 0.9% expansion that year alone.
Industry revenue has declined at a CAGR of 0.8 % over the past five years, to reach an estimated $8.5bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Tempur Sealy International, Inc. | 3,266.2 | 472.7 | 14.5 | |
Serta Simmons Bedding, Llc | 1,763.6 | 335.1 | 19.0 | |
Sleep Number Corporation | 775.5 | 31.6 | 4.1 |
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Industry revenue is measured across several distinct product and services lines, including Innerspring mattresses, Other mattresses and Foundations and bases. Innerspring mattresses is the largest segment of the Mattress Manufacturing in the US.
Demand for innerspring mattresses increases because of price and differentiation
The Mattress Manufacturing industry produces mattresses and bases for retailers, wholesalers, hospitals, hotels and the export markets. The industry produces innerspring, box spring and mattresses without inner springs, which include waterbeds and beds made from foam, rubber and latex.
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NAICS 33791 - Mattress Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Product innovation drove growth as consumer preferences shifted to high-quality mattresses. Companies innovated and created new products to remain competitive and differentia...
Learn about an industry's products and services, markets and trends in international trade.
Innerspring mattress sales have climbed. Lower consumer sentiment over much of the current period has spurred growth in less expensive innerspring mattresses.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Proximity to buyers is important to have access to key areas of demand. There is a high number of establishments in regions that have densely populated cities.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
The need for strong brand recognition makes it difficult for new mattress manufacturers to establish contracts with retailers. New entrants will follow direct-to-consumer mod...
Learn about the performance of the top companies in the industry.
Stiff competition forces companies to focus on research and development to differentiate themselves. Sleep Number Corporation has more than doubled its research and developme...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Significant import penetration has pushed the Federal government to support domestic manufacturers. The government aims to support producers through tariffs, which vary based...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Volatile steel prices harm profit. Because purchases are manufacturers' most significant expense, hikes in steel prices cause profit to shrink as prominent price competition ...
Including values and annual change:
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Key data sources in the US include:
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These sources include:
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The market size of the Mattress Manufacturing in the US industry in United States is $8.5bn in 2024.
There are 337 businesses in the Mattress Manufacturing in the US industry in United States, which has grown at a CAGR of 0.8 % between 2019 and 2024.
The market size of the Mattress Manufacturing in the US industry in United States has been declining at a CAGR of 0.8 % between 2019 and 2024.
Over the next five years, the Mattress Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Mattress Manufacturing market in United States are Tempur Sealy International, Inc., Serta Simmons Bedding, Llc and Sleep Number Corporation
Manufacturing innerspring mattresses and Manufacturing other mattresses are part of the Mattress Manufacturing in the US industry.
The company holding the most market share in United States is Tempur Sealy International, Inc..
The level of competition is moderate and steady in the Mattress Manufacturing in the US industry in United States.