Global Memory Foam Mattress Market Growth 2023-2029

Memory foam mattresses are new-generation mattresses with the ability to recover their shape. They are manufactured from a chemical substance called memory foam (polyurethane along with other added chemicals). Memory foam was invented by NASA in 1966 and was called temper foam. Commonly known as memory foam, this type of foam is made of petroleum-based polyurethane and other chemicals and is now being used in mattresses, pillows, and other bedding products.

LPI (LP Information)' newest research report, the “Memory Foam Mattress Industry Forecast” looks at past sales and reviews total world Memory Foam Mattress sales in 2022, providing a comprehensive analysis by region and market sector of projected Memory Foam Mattress sales for 2023 through 2029. With Memory Foam Mattress sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Memory Foam Mattress industry.

This Insight Report provides a comprehensive analysis of the global Memory Foam Mattress landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Memory Foam Mattress portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Memory Foam Mattress market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Memory Foam Mattress and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Memory Foam Mattress.

The global Memory Foam Mattress market size is projected to grow from US$ 5112.9 million in 2022 to US$ 10270 million in 2029; it is expected to grow at a CAGR of 10270 from 2023 to 2029.

North America is the largest Memory Foam Mattress market with about 53% market share. Europe is follower, accounting for about 20% market share.

The key players are Tempur Sealy, Mlily, Serta, Simmons, Sleemon, Sinomax, Corsicana Bedding, Kingsdown, Restonic etc. Top 3 companies occupied about 57% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Memory Foam Mattress market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Below 10 cm

10 to 30 cm

Above 30 cm

Segmentation by application

Home Use

Commercial Use

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Tempur Sealy

Mlily

Serta

Simmons

Sleemon

Sinomax

Corsicana Bedding

Kingsdown

Restonic

Key Questions Addressed in this Report

What is the 10-year outlook for the global Memory Foam Mattress market?

What factors are driving Memory Foam Mattress market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Memory Foam Mattress market opportunities vary by end market size?

How does Memory Foam Mattress break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?