Mattress Manufacturers NAICS 337910

Jul 9, 2025 - Mattress Sales Dip in Q1

• The US mattress market saw sales fall 5.7% in the first quarter of 2025 year over year, totaling $2.4 billion, due to lagging economic growth, policy uncertainty, and ongoing inflation, according to data from the International Sleep Products Association (ISPA) in Furniture Today. The Bedding Market Quarterly report showed that unit sales of domestically produced and imported mattresses and stationary foundations dropped 11.2% in the first quarter to 8.7 million units. ISPA reported sales for US-produced mattresses declined 4.4% in the first quarter, while unit sales were down 8.1%. The average unit price for domestic mattresses was up 4% to $452.63, while the average unit price for stationary foundations was down 2.7% to $94.57 in Q1 year over year.
• The furniture and related products manufacturer industry, including mattresses, is one of the nine manufacturing industries reporting growth in June’s Manufacturing ISM Report on Business. Furniture manufacturers reported increases in new orders and production, as well as decreased employment and higher prices for raw materials. Other manufacturing industries reported growth during the period Apparel, Leather & Allied Products; Petroleum & Coal Products; Nonmetallic Mineral Products; Miscellaneous Manufacturing; Computer & Electronic Products; Machinery; Food, Beverage & Tobacco Products; and Electrical Equipment, Appliances & Components. Six industries reporting contraction were Textile Mills; Wood Products; Paper Products; Chemical Products; Transportation Equipment; and Fabricated Metal Products. Overall, economic activity in the manufacturing sector contracted for the fourth consecutive month in June, with the Manufacturing PMI registering 49%.

• The US mattress manufacturers industry is projected to grow at a CAGR of 5.75% between 2025 and 2029, according to a forecast from Inforum and the Interindustry Economic Research Fund, Inc. This rate is faster than the overall economy's anticipated growth. Consumer sentiment is expected to improve in the forecast period, which bodes well for the sector. A factor that may curb consumer spending is substantially higher tariffs on consumer goods, which may be painful for households. On a positive note, lower inflation supports a moderate increase of real disposable income by about 2% in 2025 and 1.9% in 2026. Real income could suffer if average prices rise due to tariff implementation. The durable goods manufacturing sector forecast indicates that the labor force is expected to diminish, barring immigration reform that allows greater numbers. However, new technologies could support labor productivity for the industry.
• The Pending Home Sales Index (PHSI), which is a leading indicator of housing activity and future mattress demand, rose by 1.8% in May 2025 compared to the previous month, according to the National Association of Realtors (NAR). According to NAR Chief Economist Lawrence Yun, “Consistent job gains and rising wages are modestly helping the housing market. Hourly wages are increasing faster than home prices. However, mortgage rate fluctuations are the primary driver of homebuying decisions and impact housing affordability more than wage gains.” Month over month, there were increases in the Midwest, Northeast, South, and West regions. Year over year, pending transactions grew by 1.1%.