According to a report by the Italian market research institute CSIL, the global mattress market has regained its pre-COVID value of approximately $30 billion after experiencing significant fluctuations.
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Over the past decade, the market grew steadily at an average annual rate of 2%. However, in 2021, it saw an extraordinary double-digit increase compared to 2020, followed by declines of 9% in 2022 and 3% in 2023, ultimately returning to 2019 figures.
The Asia-Pacific region and North America remain the leading markets, with North America increasing its share at the expense of Europe. Together, the U.S. and China account for nearly 70% of global consumption.
A key driver for the mattress industry is the growing consumer awareness of the health benefits of quality sleep, which is evident in both traditional and emerging markets. The high-end segment, less affected by inflation, presents notable growth opportunities, while the rising demand for rolled and compressed mattresses in both online and traditional channels is critical.
The boom in e-commerce has significantly impacted the mattress market, with online sales rising sharply during the pandemic.
Source: www.moebelmarkt.de