South Korea Mattress Market Size, Share, and COVID-19 Impact Analysis, By Type (Foam, Hybrid, Innerspring, and Others), By Size (Queen, Single, Double, King), and South Korea Mattress Market Insights, Industry Trend, Forecasts to 2035
Industry: Consumer GoodsSouth Korea Mattress Market Size Insights Forecasts to 2035
- The South Korea Mattress Market Size was estimated at USD 293.7 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 5.24% from 2025 to 2035
- The South Korea Mattress Market Size is Expected to Reach USD 515.2 Million by 2035
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According to a research report published by Spherical Insights & Consulting, the South Korea Mattress Market Size is anticipated to reach USD 515.2 million by 2035, growing at a CAGR of 5.24% from 2025 to 2035. Increased urbanization, growing consumer demand for orthopedic and high-end mattresses, and developments in sleep technology are the main drivers of this growth. Additional factors driving market expansion are the growing real estate and hospitality industries.
Market Overview
The South Korea mattress market refers to the industry that includes the manufacture, marketing, and distribution of mattresses for both residential and commercial use throughout the nation is known as the South Korean mattress market. To accommodate a variety of consumer preferences for comfort, support, and sleep quality, it offers a broad range of mattress types, including foam, innerspring, hybrid, latex, and gel-based models. Additionally, leading South Korean companies such as Coway and LG Electronics are developing IoT-enabled smart mattresses equipped with features like temperature regulation, sleep tracking, and pressure sensors. These innovations connect to mobile apps to deliver personalized sleep insights, catering to the country’s highly tech-savvy consumers who seek both comfort and intelligent health monitoring in their sleep product. Moreover, the demand for therapeutic and medical-grade mattresses that address age-related health issues is being driven by South Korea's aging population. The development of pressure-relief and anti-bedsore designs is crucial for enhancing patient comfort, averting complications, and promoting long-term care in hospitals, senior care facilities, and home care settings.
Report Coverage
This research report categorizes the market for the South Korea mattress market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea mattress market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea mattress market.
South Korea Mattress Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024: | USD 293.7 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 5.24% |
2035 Value Projection: | USD 515.2 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 136 |
Tables, Charts & Figures: | 125 |
Segments covered: | By Type, By Size and COVID-19 Impact Analysis |
Companies covered:: | ACE BED Co., Ltd., Simmons Korea, FURNISTEM Co., Ltd., KD Bedding System Inc., Keumsung Bed Co., Ltd., and Other key vendors |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
Consumers in South Korea are favoring compact, space-efficient mattress options like foam and hybrid models as a result of the country's rapid urbanization, which has reduced living spaces. Simultaneously, younger generations who appreciate both practicality and contemporary design in their home furnishings are increasingly drawn to foldable and minimalist mattress designs. Additionally, the quality of sleep is becoming more important to South Korean consumers as a crucial aspect of overall wellness. The need for temperature-regulating, orthopedic, and ergonomic mattresses has grown as a result of this change, especially among city dwellers looking for better comfort and health advantages in small spaces.
Restraining Factors
High-end mattresses, such as memory foam or hybrid models, are frequently seen by consumers as luxury purchases. These products' high price tags prevent them from being adopted widely because they are unaffordable for consumers on a tight budget.
Market Segmentation
The South Korea mattress market share is classified into type and size
- The foam segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea mattress market is segmented by type into foam, hybrid, Innerspring, and others. Among these, the foam segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. Growing consumer preferences for space-efficient designs, temperature control, and ergonomic comfort particularly in urban homes are the main drivers of this dominance. Additionally, foam mattresses are preferred due to their affordability, robustness, and compatibility with online and small packaging formats, which make them perfect for South Korea's changing lifestyle demands.
- The queen segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The South Korea mattress market is segmented by size into queen, single, double, and king. Among these, the queen segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is driven by an increase in young couples and small families living in cities, where making the most of available space is crucial. Queen-size mattresses provide the ideal balance between comfort and space efficiency, which is what consumers are increasingly looking for in bedding options. Furthermore, its popularity has increased across both online and offline retail channels due to the growing demand for high-end sleep products in this size range.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the South Korea mattress market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- ACE BED Co., Ltd.
- Simmons Korea
- FURNISTEM Co., Ltd.
- KD Bedding System Inc.
- Keumsung Bed Co., Ltd.
- others
Recent Developments:
- In March 2025, In the competitive bedding industry once led by ACE BED and Simmons, Sealy Mattress, Shinsegae Casa, and Coway increasingly threw down the gauntlet. There were prospects for change in the market, which had been controlled by the late founder of ACE BED, Ahn Yoo-soo’s eldest and second sons. The combined market share of ACE BED and Simmons stood at around 40–50%, indicating that a single family had effectively established an oligopoly in the mattress market
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Mattress Market based on the below-mentioned segments:
South Korea Mattress Market, By Type
- Foam
- Hybrid
- Innerspring
- Others
South Korea Mattress Market, By Size
- Queen
- Single
- Double
- King
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