Market Size of US Mattress Bases Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 3.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Mattress Bases Market Analysis
The United States mattress bases market has generated gross revenue of USD 625 million in the current year and is poised to achieve a CAGR of more than 3% for the forecast period.
- In the United States, poor sleep quality is resulting in increased healthcare expenditure per person. Mattress base provides the necessary support to the mattresses and helps in better sleep. As per the latest census, the United States has 357.03 million bedrooms in residential homes and a population of 333 million, leaving a surplus of 24.03 million beds for guests and visitors, driving the market demand for Mattress Base.
- With the advent of COVID-19, furniture and home furnishing store sales in the United States observed a decline, impacting sales of the mattress base market as well. Still with this trend, Housing units in the US were leading in average annual expenditures of all consumer units. The country also observed behavioral changes in sleeping preferences and increased expenditure on mattresses. Online sales of the housing furniture market observed continuous growth with a value of USD 56 billion, driving online shopping patterns of consumers.
- Post-COVID, consumers' interest in products with new features helping them to get a better night's sleep observed an increase, and the mattress base industry is fulfilling the demand by designing adjustable bases equipped with extra features. With the opening of trade after COVID imposed restrictions, the value of commodity group exports from the United States, which include mattress supports and articles of bedding fitted with springs or stuffed, increased to USD 508 million last year, amounting to 0.024% of the total export value from the USA and creating opportunities for upcoming players in the market.
