Market Size of Australia Mattress Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.87 Billion |
| Market Size (2029) | USD 1.17 Billion |
| CAGR (2024 - 2029) | 6.05 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Australia Mattress Market Analysis
The Australia Mattress Market size is estimated at USD 0.87 billion in 2024, and is expected to reach USD 1.17 billion by 2029, growing at a CAGR of 6.05% during the forecast period (2024-2029).
The increasing recognition of the significance of quality sleep and impact on health and well-being has boosted the demand for mattresses in Australia. Due to the growing awareness, consumer preferences have shifted to premium mattresses that provide comfort and support. Also, Australia's growing real estate and hospitality sectors contribute to the mattress market's growth. By increasing the development of the real estate and tourism sectors, the demand for quality mattresses in homes and hotels also increases.
The increasing trend towards online mattress shopping significantly influenced the market growth because online shopping provides comfort and a wide selection of products and customer reviews, which attract customers to purchase mattresses online. Consumers also increasingly prefer eco-friendly and organic mattresses due to rising environmental concerns and the desire for natural and non-toxic sleep solutions.
Technological advancements created by manufacturers, such as the development of memory foam and gel-infused mattresses, have played a significant role in Australia's mattress market growth. These advancements motivated manufacturers to create mattresses with enhanced comfort and better sleep quality.
