China Mattress Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Chinese mattress market is segmented by Type (Innerspring Mattresses, Memory Foam Mattresses, Latex Mattresses, and Others (Gel and Hybrid) and Distribution Channel (Offline and Online).

Market Snapshot

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Study Period: 2017- 2026
Base Year: 2020
CAGR: >5 %

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Market Overview

China emerged as an important production hub for mattress manufacturing. China’s mattress market developed rapidly due to the growing population in China, increasing income levels, and the booming housing market. Other major reasons include the growth of international trade in current times. Mattress manufacturing is a highly profitable market in China, but margins are squeezing due to rising material and labor costs, which can also hinder the growth of the market.

China's mattress industry is still affected by other factors, such as the speed of renovation of existing houses, expansion of the new houses, and innovation in traditional sleep concepts. Consumer groups are expanding in the Chinese mattress market and have the potential for further development.

A functional and healthy mattress is highly regarded by consumers in the market due to changing lifestyles and sleep disorders among people. Replacement of bedding is forecasted to lead to the growth of the mattress market in China. Social e-commerce channels, such as Twitter, Tuoke, and Pinchao, are also playing a huge role in the development of the market studied.

Veldeman Group, a manufacturers of integrated sleep systems in Europe established Zhongbiweida Technology Sleep Co. Ltd in Shenzhenin April 2019. The company established the center to expand in the Asia-Pacific market. Veldeman Group collaborated with Suning as its preferred platform for the brand to enter the Chinese market.

Scope of the Report

The report covers a complete background analysis of the Chinese mattress market, which includes an assessment of the total market, emerging trends in the segments and regional market, and significant changes in market dynamics and market overview. The report also offers qualitative and quantitative assessments, by analyzing the data gathered from industry analysts and market participants across various key points in the value chain.

By Type
Innerspring Mattresses
Memory Foam Mattresses
Latex Mattresses
Others (Gel and Hybrid)
By End User
Residential
Commercial
By Distribution Channel
Offline
Online

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Key Market Trends

China is the Major Exporter of Mattresses

There is a growing export of mattresses from China and it is the world’s largest mattress exporter to the major mattress markets. China holds more than one-third of the total mattress exports, representing about 33% of the total market. The top five exporting destinations for China mattresses include Thailand, Itlay, the United States of America, Vietnam, and Australia.

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Memory Foam Mattresses Demand is expected to Increase in the Chinese Mattress Market

Memory foam mattresses in China still have a low share, as compared to other mattress types. Due to the traditional consumption habits of the Chinese and the low income of the residents, memory foam mattresses are still in the developmental phase in China. Product development will be mainly driven by the urbanization of the population and expanding residential areas. Consumer preference is also changing in the market and they are accepting the concept of healthy sleep, which might escalate the demand for mattresses further. The demand for innerspring and latex mattresses is also expected to increase in the market.

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Competitive Landscape

The Chinese mattress market is fragmented and has high intensified competition within industry players. There is a high homogeneity of products manufactured in the market; however, brand awareness among consumers is likely to drive the market further. Low-range products have high competition in the market, while high-end products are mainly developed by international companies in the market. Consumers are price-sensitive and price competition is rising in the market.

Recent Developments

Chinese mattress brand SLEEMON introduced the latest antibacterial mattress products in March 2020. This series of mattresses integrates American DuPont Intellifresh technology and Swiss-Sanitized Anti-mite Technology, both of which are world-class antibacterial and hygienic solutions with authoritative certification.

As of October 2020, Popular Australian online bedding company Koala ceases manufacturing its mattresses domestically and makes them in China instead.

Feb 2021, Advent International, a U.S. private equity firm, is exploring options for its mattress business King Koil China including a potential sale that could value the unit at about USD 1 billion.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

    1. 2.1 Analysis Methodology

    2. 2.2 Research Phases

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain Analysis

    5. 4.5 PESTLE Analysis

    6. 4.6 Porter's Five Forces Analysis

      1. 4.6.1 Threat of New Entrants

      2. 4.6.2 Bargaining Power of Buyers/Consumers

      3. 4.6.3 Bargaining Power of Suppliers

      4. 4.6.4 Threat of Substitute Products

      5. 4.6.5 Intensity of Competitive Rivalry

    7. 4.7 Insights into Consumer-specific Trends in the Market

    8. 4.8 Insights into Impact of COVID-19 on the Market

    9. 4.9 Insights into Government Regulations in the Market

    10. 4.10 Insights into Technological Disruptions in the Market

    11. 4.11 Insights into Different Sizes of Mattresses

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Innerspring Mattresses

      2. 5.1.2 Memory Foam Mattresses

      3. 5.1.3 Latex Mattresses

      4. 5.1.4 Others (Gel and Hybrid)

    2. 5.2 By End User

      1. 5.2.1 Residential

      2. 5.2.2 Commercial

    3. 5.3 By Distribution Channel

      1. 5.3.1 Offline

      2. 5.3.2 Online

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Concentration Overview

    2. 6.2 Recent Mergers and Acquisitions

    3. 6.3 Company Profiles

      1. 6.3.1 Sleemon Xilinmen Furniture Co. Ltd

      2. 6.3.2 Jiaxing YuanChang Furniture Supplies Co. Ltd

      3. 6.3.3 Simmos

      4. 6.3.4 Lainle Group

      5. 6.3.5 Shenzhen Hengang Industries

      6. 6.3.6 Somnus Furniture

      7. 6.3.7 Steel Land

      8. 6.3.8 Suibao Eurasia Mattress & Furniture

      9. 6.3.9 Sweet Night

      10. 6.3.10 Mengshen Mattress

      11. 6.3.11 EON HOME

      12. 6.3.12 Fengyang

      13. 6.3.13 Goodnight Home Furniture

      14. 6.3.14 Healthcare-Mlily

    4. *List Not Exhaustive
  7. 7. FUTURE AND OPPORTUNITIES IN THE MARKET

  8. 8. DISCLAIMER

**Subject to Availability

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Frequently Asked Questions

The China Mattress Market market is studied from 2017 - 2026.

The China Mattress Market is growing at a CAGR of >5% over the next 5 years.

Sleemon Xilinmen Furniture Co., Ltd., Jiaxing YuanChang Furniture Supplies Co.,Ltd.,  Simmons, KukaHome, Red Apple are the major companies operating in China Mattress Market.

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