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The mattress industry refers to the sector of the economy that is involved in the design, manufacture, marketing, and sale of mattresses and related sleep products. This industry includes a variety of manufacturers, retailers, and suppliers who produce different types of mattresses such as innerspring, memory foam, latex, and hybrid mattresses, catering to diverse consumer preferences and needs. The mattress industry also encompasses advancements in sleep technology, innovations in materials, and trends focused on enhancing sleep quality. It plays a significant role in the broader home furnishings market and is closely linked to health and wellness due to the importance of quality sleep in overall well-being.
The mattress industry experienced a significant decline in sales and units sold in 2023, according to the latest trend report from the International Sleep Products Association (ISPA). The report revealed…