INDIA WAKING UP TO BENEFITS OF PEACEFUL SLEEP: MATTRESS INDUSTRY TO GROW STEADILY IN 2025

With industry reports pegging the Indian mattress industry at an estimated USD 2.31 billion in 2025 and expecting it to grow at a CAGR of 8.54%, read to know what is fuelling this growth.

- PARINA SOOD

The mattress industry in India has shown significant growth over the last few years, especially post covid. The pandemic served as a wake-up call that forced people to take their health and wellbeing seriously. Given the fact that peaceful sleep plays an important role in one's wellness; the mattress industry has been showing steady growth since then. According to a report by consulting firm Redseer, India's mattress market was estimated at around Rs 20,000 crore in 2022 and the organized segment commanded 40% of it. Approximately 7-9 million mattresses are sold in the country each year, with the replacement cycle kicking every decade.

GROWTH PROJECTIONS:

The latest Mordor Intelligence Report pegs the Indian Mattress Market size at an estimated USD 2.31 billion in 2025; expecting it to reach USD 3.48 billion by 2030, at a CAGR of 8.54%.

The Indian mattress market is fragmented, with a large number of branded and non-branded players selling a variety of mattresses through local distribution channels. Though largely dominated by the unorganized sector, the organized sector is now growing with the rising demand for good quality mattresses among Indian consumers. Some of the existing players in the India Mattress market are Duroflex, Springfit, Sheela Foam and Springwel.

GROWTH TRENDS:

Mordor Intelligence report adds that the growth of the Indian mattress market is being driven by an increase in income levels, a rise in health consciousness and expansion in the real estate and hospitality sectors.