Mattress Manufacturers NAICS 337910

May 15, 2026 - Mattress Demand Remains Under Pressure

• The US mattress manufacturing industry continues to face soft consumer demand and margin pressure, according to Sleep Number’s first-quarter 2026 earnings report. The company reported net sales declined 18.9% year over year to $319 million, driven by lower sales volume and store closures, while comparable sales fell 16%. Sleep Number’s results suggest consumers remain cautious about higher-priced discretionary purchases such as premium mattresses, amid broader affordability pressures and weaker housing-related spending. Manufacturers are also contending with discounting, rising restructuring costs, and weaker fixed-cost leverage. In response, Sleep Number is pursuing aggressive cost reductions, store closures, product redesigns, and marketing changes to stabilize performance. However, management noted demand improved gradually through the quarter, with March sales outperforming the prior year, indicating conditions may be stabilizing after a difficult start to 2026.
• The US mattress manufacturing industry faces a cautious consumer spending environment as confidence levels remain weak in 2026. The University of Michigan’s Consumer Sentiment Index fell to a preliminary reading of 48.2 in May, near historic lows, reflecting concerns about inflation, household finances, and the cost of major purchases. Meanwhile, the Conference Board’s Consumer Confidence Index improved only modestly to 92.8 in April, signaling continued consumer uncertainty about future economic conditions. For mattress manufacturers, softer sentiment could slow demand for higher-priced discretionary purchases, particularly among middle-income households. Consumers may delay mattress replacements, trade down to lower-cost products, or seek promotional discounts as budgets tighten. However, replacement-driven demand and premium sleep wellness products may help partially support sales despite weaker consumer confidence.

• The US mattress manufacturing industry is expected to stabilize in 2026 after several years of decline, according to a recent industry outlook published by BedTimes Magazine. The article reports that mattress unit shipments are projected to edge higher in 2026, while shipment dollar values are expected to rise in the low single digits under the International Sleep Products Association’s baseline forecast. Housing conditions remain a key demand driver: ISPA forecasts existing home sales increasing 3.8% in 2026, while housing starts are projected to decline only 0.3%, indicating improving market stability. However, affordability continues to limit demand, with nearly 75% of households unable to afford a median-priced new home in early 2025 and mortgage rates near 6.25%. The article also notes tariff-related inflation is projected to increase from 2.8% in 2025 to 2.9% in 2026, maintaining cost pressure for mattress manufacturers even as market conditions gradually improve.
• The US mattress manufacturers industry is projected to grow at a CAGR of 5.74% between 2025 and 2029, faster than the overall economy's anticipated growth, according to an updated forecast from Inforum and the Interindustry Economic Research Fund, Inc. Consumer sentiment is expected to improve in the forecast period, which bodes well for the durable goods manufacturing industries including mattress manufacturers. A factor that may curb consumer spending is substantially higher tariffs on consumer goods, which may be painful for households. The forecast noted that a tighter immigration policy could limit the expansion of the labor supply and job growth for durable goods manufacturing industries. However, labor productivity could still improve due to new technologies such as AI and 3-D printing as well as adjustments forced by the pandemic.