JAPAN MATTRESS MARKET - GROWTH, TRENDS, COVID-19 and Forecasts (2023 - 2028)

Japan Mattress Market Analysis

Japan emerged as an important production hub for mattress manufacturing as it is standing at 4th highest revenue generating country. Japan’s mattress market developed rapidly due to the growing population in Japan, increasing income levels, and the booming housing market. Other major reasons include the growth of international trade in current times.

The homecare and furniture industries were growing exponentially, but with the outbreak of the COVID-19 pandemic, there has been a rapid decline in the growth of the mattress market. The domestic, as well as the international retail sector, is also suffering due to the lockdown within the country. In the long term, the increasing disposable income and advancing lifestyle are the main drivers of the market. The Japanese home textile and mattresses market is supported by the increase in organized retail and growth of end-user sectors, like housing, hospitality, and healthcare. There was an initial decline in the demand for bedding products, such as mattresses. However, due to work from home and social distancing measures, more and more people are staying at their homes. The usage of social media and other online channels increased multi-fold. As homes started becoming the new hubs for work and family time, people are spending even non-sleeping hours on their beds. These all-factors lead to the increase in demand for high-quality mattresses.

Japan'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 Japan’s 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 Japan.

Japan Mattress Industry Segments

The mattress is one of the most widely demanded products as people are adopting urbanization. A complete background analysis of the Japan Mattress Market includes an assessment of the economy, market overview, market size estimation for key segments, emerging trends in the market, market dynamics, and key company profiles covered in the report. The Japan Mattress Market is segmented by Type (Spring Mattresses, Memory Foam Mattresses, Latex Mattresses, and Other Mattresses), by Distribution Channel (Online, and Offline), and by End-User (Commercial and Residential). The report offers the market sizes and forecasts for all the above segments in value (USD million).

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Japan Mattress Market Trends

This section covers the major market trends shaping the Japan Mattress Market according to our research experts:

Growing Urbanization is Driving the Market Growth

Japan stood at 4th place driving maximum revenue from the mattresses industry. Urbanization is one of the key factors enabling and driving the demand transformation, as the consumers are demanding eco-friendly mattresses, new technological mattresses, etc. With 91.7% of the total population are leaving in cities and urban areas, there is a surplus demand for bedroom and home furniture, mattresses, and others. The import of mattresses is increasing with every year passing, this shows the increasing demand and consumption of mattresses. Around 35% of total revenue from Bedroom Furniture was generated through mattresses sales.

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