Key Takeaways

• The United States mattress industry was valued at $16.7165 billion as of 2020.

• The market is expected to reach $26.7904 billion by 2030, growing at a CAGR of 4.8% between 2020 and 2030.
• According to an industry report by Research and Markets, corroborated by IBISWorld, the top five mattress manufacturing in the US in terms of size (market share) are Tempur Sealy International Inc., Serta Simmons Bedding LLC, Sleep Number Corporation, Casper Sleep Inc., and Corsicana Mattress Company.
• According to a report by The Sleep Sherpa, the top mattress retailers in the United States in 2022 are Walmart, Mattress Firm, Big Lots, Ashley Homestore, and Costco.
• According to a report by Statista (image attached herein), corroborated by a TraQline survey, the top e-tailers in the mattress industry are Amazon, The Mattress Firm, Casper, Purple.com, Saatva.com, and Leesa.

Introduction

• The research provides the current market size and growth rate of the United States mattress industry, including the top players in the industry based on manufacturers' size (market share), retailers (brick and mortar stores), and e-tailers/online sales.

United States Mattress Industry: Market Size and Growth

• According to an industry report published by Research and Markets, corroborated by P&S Intelligence, Report Buyer, and a news report by PR Newswire, the United States mattress industry was valued at $16.7165 billion as of 2020.
• The market is expected to reach $26.7904 billion by 2030, growing at a CAGR of 4.8% between 2020 and 2030.
• The growth is largely attributed to the growth of the construction sector in the U.S., evident in the increasing number of residential and industrial establishments.

 

Source

 

Top Mattress Manufacturers By Size

• According to an industry report by Research and Markets, corroborated by IBISWorld, the top five mattress manufacturing in the US in terms of size (market share) are:
•  Tempur Sealy International Inc. 
•  Serta Simmons Bedding LLC 
•  Sleep Number Corporation 
•  Casper Sleep Inc. 
•  Corsicana Mattress Company 

Tempur Sealy International Inc.

• According to a study by Furniture Today, Sealy ranked the top U.S. bedding producer in 2020 based on estimated wholesale shipments.
• It held onto the number 1 position and recorded a 14.6% increase in sales to $1.646 billion.
• Sealy held a 19% market share of bed sales in the U.S in 2020, making it the leading mattress manufacturer in the country.
• The company was also voted the number 1 most trusted mattress brand in the United States according to the 2021 BrandSpark® American Trust Study.

Serta Simmons Bedding LLC

• Serta Simmons is one of the largest bedding manufacturers in North America.
• The company is behind the Beautyrest®, Simmons®, Serta®, and Tuft & Needle® brands.
• Its brands, Serta® and Beautyrest®, are regarded as one of America’s best-selling mattress brands known for their authentic quality, innovation, and integrity.
• Serta held a 17% share of overall mattress sales in the U.S., while Simmons held about 15% of the overall market.

Sleep Number Corporation

• Sleep Number and its subsidiaries provide sleep solutions and services in the United States.
• Sleep Number is ranked number 5 on Furniture Today's list of the top bed producers in the US.
• Its wholesale shipments for 2020 were estimated at $669 million, a 1.5% increase from the previous year.

Casper Sleep Inc.

• Casper is a global sleep company that sells directly to consumers, eliminating commission-driven, inflated prices.
• The company was ranked as the 4th top mattress manufacturing company in the United States by IBISWorld.
• It was also named "one of Fast Company's 50 Most Innovative Companies in the World, and its eponymous mattress was crowned one of TIME Magazine's Best Inventions of 2015."

Corsicana Mattress Company

• Corsicana Mattress Company is a leading mattress producer that offers the most comfort and quality at the highest value.
• It offers a broad range of high-quality, affordable mattresses to ensure that as many people as possible can have a great night’s sleep.
• The company was ranked as the 5th top mattress manufacturing company in the United States by IBISWorld.

Top Mattress Retailers

• According to a report by The Sleep Sherpa, the top mattress retailers in the United States in 2022 are Walmart, Mattress Firm, Big Lots, Ashley Homestore, and Costco.

Walmart

• A link to the Walmart mattress store is provided herein.
• Walmart tops the list of the biggest mattress retailers in the US with over 5,000 outlets across the country.
• It deals in Simmons, Serta, Sealy, Signature, and Sleep brands of hybrid, innerspring, air, and foam mattress with free shipping.
• In 2021, Walmart, The Mattress Firm, and online sellers Amazon held 35% of the overall mattress retail in the United States.

The Mattress Firm

• A website address to The Mattress Firm is provided herein.
• The Mattress Firm is reckoned as one of the most popular mattress chains in the United States.
• It deals in mattress brands such as Serta, Dreambed, Lux, Hampton & Rhodes, and Simmons brands of foam, innerspring, and hybrid mattresses.
• The company has more than 2,300 mattress stores across 49 states in the country.

Big Lots

• A website address to Big Lots mattress is provided herein.
• Big Lots has about 1,400 locations and deals mainly in "innerspring foam hybrid Serta brand mattresses."
• The company reported a net sales of $1.6 billion in its fiscal second quarter of 2020, a 31.3% increase compared to the second quarter of 2019, which totaled $1.2 billion.

Ashley Homestore

• A website link to Ashley Homestore mattress is provided herein.
• Ashley Furniture HomeStore is a leader in the retail mattress store market.
• It has about 681 stores across the United States.
•  Mattress brands available at Ashley Homestore locations include Ashley-Sleep, Sealy, Serta, Beautyrest, Sierra-Sleep by Ashley, Tempur-Pedic, and Stearns & Foster.

Costco

• A website link to Costco mattress is provided herein.
• Costco has about 727 locations in the United States.
• Its product range covers latex, innerspring, foam, and hybrid mattresses.
• Brands available at Costco stores are Simmons, Stearns, Sleep Science, Eight Sleep, Foster, Novaform, and Sealy.

Top E-tailers/Online mattress companies

• According to a report by Statista (image attached herein), corroborated by a TraQline survey, the top e-tailers in the mattress industry are Amazon, The Mattress Firm, Casper, Purple.com, Saatva.com, and Leesa.

 

Source

 

Amazon

• A website link to Amazon mattresses is provided herein.
• Amazon is ranked the first retailer in the US for online mattress sales.
• As of 2019, Amazon held the 32% share of the US online bed and mattress market making it the largest shareholder in the industry.

Purple.com

• A website address to Purple.com is provided herein.

• Purple.com generated the second-highest ($405 million) e-commerce net sales from mattress sales.
• The company is said to be leading the charge in DTC mattress sales in the United States.

Leesa

• A website address to Leesa is provided herein.
• Leesa is regarded as one of the top dogs in the US online mattress industry

• Leesa generated the third-highest ($273 million) e-commerce net sales from mattress sales.

Saatva.com

• A website address to Saatva.com is provided herein.
• Saatva claims to be America's #1 online luxury mattress brand.

• Saatva.com is the fourth biggest mattress online store in the U.S., generating $257 million in sales in 2020.

Research Strategy