The luxury and premium mattress market is forecasted to grow by USD 3.71 bn during 2023-2028, accelerating at a CAGR of 5.19% during the forecast period. The report on the luxury and premium mattress market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing awareness about the importance of good-quality sleep, increasing demand for luxury and premium mattresses in the hospitality sector, and continuous advancements in mattress technologies.
Technavio's luxury and premium mattress market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
4.2%
CAGR
5.19%
Incremental Value
$3.71bn
By Distribution Channel
Wholesale channel
Retail channel
By End-user
Residential
Commercial
By Geographical Landscape
North America
APAC
Europe
Middle East and Africa
South America
This study identifies the growing demand for customized mattresses as one of the prime reasons driving the luxury and premium mattress market growth during the next few years. Also, increasing demand for smart mattresses and growing demand for artisanal and handcrafted mattresses will lead to sizable demand in the market.
The report on the luxury and premium mattress market covers the following areas:
Luxury and premium mattress market sizing
Luxury and premium mattress market forecast
Luxury and premium mattress market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading luxury and premium mattress market vendors that include Amore Mattress, Duroflex Pvt. Ltd., Femira Bettensysteme GmbH and Co. KG, HARRISON SPINKS, Hilding Anders International AB, King Koil Licensing Co. Inc., Kingsdown Mattress, Livpure Pvt. Ltd., Magniflex India, NOCTALIA SLU, Puffy LLC, Purple Innovation Inc., RUF Betten GmbH, SEALY India TRADING PVT. LTD., Serta Simmons Bedding LLC, Sheela Foam Ltd., Sherman, Sleep Number Corp., Tempur Sealy International Inc., The Sleep Co., and WONDERLAND BEDS. Also, the luxury and premium mattress market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global luxury and premium mattress market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global luxury and premium mattress market 2018 - 2022 ($ billion)
4.2 Distribution Channel Segment Analysis 2018 - 2022