The mattress business is one of the world’s oldest continuously operating industries. Mattresses are thought to have been invented in Persia about the 37th century BC. The original mattresses were composed of water-filled goatskins. The mattress industry would not evolve significantly for the following 2,000 years.
The innerspring mattress was created in 1871. Numerous improvements have happened since then. Certain versions are available with foam cores. There are several types of beds available and best mattresses, including air beds, waterbeds, and adjustable sleep sets. With the industry’s innovative designs, materials such as latex, polyester, and recyclable materials are included.
Mattress Industry Statistics That Are Interesting
#1. The mattress sales business in the United States generates an annual income totaling $7 billion. This represents around 25% of the global sales generated by the mattress business in any given year across all categories.
#2. The mattress business annually ships more than 35.9 million mattresses. This covers overseas shipping and shipments resulting from internet purchases.
#3. The average household will maintain a mattress for seven years before replacing it.
#4. Sealy is the market leader in the United States when it comes to mattress manufacturing. They generate annual revenue of around $1.38 billion and account for approximately 19 percent of the entire market. Serta came in second place with 17% of the market, while Simmons has around 15% of the entire market.
#5. Now 600 firms in the United States of America are engaged in the design, production, and selling of mattresses. They directly employ around 20,500 individuals.
#6. Twin-size mattresses are the most popular mattress size in the United States, accounting for 31% of the industry’s market share. A Queen-size mattress is purchased by 29% of families.
#7. Today, the majority of mattresses are purchased from a specialist sleep store. This sort of business accounts for 43% of all new mattress purchases. Furniture merchants account for an additional 38% of overall industry revenue.
#8. While innerspring mattresses are the most often purchased variety in the market, they have the lowest consumer satisfaction ratings. Best mattress 2021 consumer reports are only 63% of owners express satisfaction with their innerspring mattress purchase. In comparison, 81% of memory foam owners, 80% of latex owners, and even 75% of futon owners report satisfied with their mattress.
#9. In 2016, the wholesale value of mattresses and foundations manufactured and sold in the United States increased by 3.4 percent, establishing an industry record.
#10. There are over 15,000 firms engaged in the mattress sector in the United States. Around 85,000 individuals are directly employed as a result of these retail establishments.
#11. Globally, the Asia-Pacific area is the mattress industry’s fastest expanding market. A forecasted compound annual growth rate of 8.1 percent through 2022 lays the groundwork for potential sales to exceed $39.4 billion over that period.
#12. The mattress business may charge up to 12 times the cost of manufacture, which has aided in the growth of the 100+ online mattress brands accessible today.