Best Of 85+ Alluring Memory Foam Mattress Statistics You Won't Be Disappointed

Memory foam mattresses have become increasingly popular in recent years, and for good reason. These mattresses offer a comfortable and supportive sleeping experience, making them a top choice for many consumers. But just how popular are memory foam mattresses? Let's take a look at some of the top statistics in the memory foam mattress industry.

The memory foam mattress industry has seen significant growth in the past decade, with more and more people opting for these comfortable mattresses. In fact, the global memory foam mattress market is expected to reach a value of $11.4 billion by 2024, with a compound annual growth rate of 12.5%. This growth is driven by the increasing demand for comfortable and supportive mattresses, as well as advancements in technology and materials used in memory foam mattresses.

According to a report by Grand View Research, the North American market for memory foam mattresses was the largest in 2016, accounting for over 40% of the global market share. This can be attributed to the high demand for memory foam mattresses in the United States, where consumers are willing to spend more on quality sleep products.

In 2018, the global memory foam mattress market recorded sales of over 9 million units. This number is expected to continue to grow as more consumers become aware of the benefits of memory foam mattresses. In the United States alone, 1 in 4 mattresses sold is a memory foam mattress, indicating the popularity of these products in the market.

When it comes to purchasing a mattress, comfort is the top priority for consumers. This is evident in the popularity of memory foam mattresses, which offer superior comfort and support compared to traditional spring mattresses. In fact, 8 out of 10 consumers prefer a memory foam mattress over traditional mattresses.

The growth of the memory foam mattress market is not just limited to the United States. In Europe, the market is expected to grow at a CAGR of 8.5% from 2019 to 2025. This can be attributed to the increasing trend of online mattress sales in the region, as well as the rising demand for eco-friendly and sustainable mattresses.

Memory foam mattresses are becoming the go-to choice for consumers of all ages. According to a survey, 64% of millennials and 62% of baby boomers prefer sleeping on a memory foam mattress. This is due to the ability of memory foam to conform to the body and relieve pressure points, resulting in a better night's sleep.

As the memory foam mattress market continues to grow, so do the trends associated with it. One of the latest trends is the use of gel-infused memory foam, which helps regulate body temperature and keeps the mattress cool. 46% of consumers are willing to pay more for a gel-infused memory foam mattress, indicating the popularity of this trend.

In terms of market share, the top players in the memory foam mattress industry include Tempur-Pedic, Serta, and Sealy, with each holding a significant share of the market. These companies are constantly innovating and introducing new products to meet the evolving needs and preferences of consumers.

With the increasing demand for comfortable and supportive mattresses, the memory foam mattress industry is expected to continue its growth trajectory. By 2025, the market is projected to reach a value of $43 billion, with a compound annual growth rate of 9.2%. This growth is driven by factors such as increasing consumer awareness, advancements in technology, and a growing preference for online mattress purchases.

In conclusion, the memory foam mattress industry is experiencing significant growth and is expected to continue on this trajectory in the coming years. With its numerous benefits and increasing popularity, memory foam mattresses are here to stay and are likely to become the top choice for consumers seeking a comfortable and restful sleep experience.