Market Size of United Kingdom Mattress Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 1.58 Billion |
Market Size (2029) | USD 2.06 Billion |
CAGR (2024 - 2029) | 5.42 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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UK Mattress Market Analysis
The United Kingdom Mattress Market size is estimated at USD 1.58 billion in 2024, and is expected to reach USD 2.06 billion by 2029, growing at a CAGR of 5.42% during the forecast period (2024-2029).
The United Kingdom mattress manufacturing industry's revenue declined in 2021 as residential property transactions fell sharply due to the COVID-19 outbreak. Due to various supply chain disruptions and input price inflation induced by the pandemic, industry profitability suffered.
The mattress manufacturing sector creates spring, foam, and other mattresses and supports. The United Kingdom mattress industry's income, establishment numbers, and businesses are growing, boosted by an improving housing market. Furthermore, the sector underwent a tremendous change, owning to increased health consciousness. Consumer desire for more technologically advanced mattresses with extra health benefits prompted companies to respond quickly, boosting industry revenue. The industry encountered greater demand from the healthcare sector since the number of individuals admitted to hospitals increased during the pandemic.
The industry will likely benefit from increased downstream demand from bed-in-a-box merchants and product and process innovation from manufacturers. Furthermore, ongoing government programs are projected to boost the industry's performance by stimulating home capital investment through boosting residential property transfers. New products are being developed in the United Kingdom's mattress sector. With the rise of smart mattresses and more natural, organic products, diversification will only become more important in the industry's future as new goods such as smart mattresses and more natural, organic items are produced.