China Mattress Market Size

Chinese Mattress Market Analysis

The China Mattress Market size is estimated at USD 15.21 billion in 2024, and is expected to reach USD 23.84 billion by 2029, growing at a CAGR of 9.40% during the forecast period (2024-2029).

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 being squeezed 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 new houses, and innovation in traditional sleep concepts. Consumer groups are expanding in the Chinese mattress market and have the potential for further development. Consumers highly regard a functional and healthy mattress 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.

The COVID-19 pandemic and lockdown acted as a massive restraint on the Chinese mattress market in 2020, as supply chains were disrupted due to trade restrictions. The purchase of these products was declined due to lockdowns imposed by the Indian government. The lockdown restrictions forced to stop the manufacturing of mattresses and reduced the purchasing of mattresses, which resulted in a decline in the overall ASEAN market.