The U.S. mattress and bedding market has struggled over the last year and a half, as sales dropped in 2024 and the first two quarters of 2025, which has led to factory and store closures and bankruptcy filings.
Sales for the second quarter of 2025 declined 4.3% in dollar value and 7% in unit volume, according to the International Sleep Products Association’s Bedding Market Quarterly, BedTimes reported on Sept. 5.
Sales in the first quarter of 2025 declined by 5.7%, totaling $2.4 billion, compared to $2.5 billion in the same period in 2024, according to the International Sleep Products Association, Furniture Today reported.
Total units sold in the first quarter also fell by 11.2% year-over-year to 8.7 million units compared to 9.7 units in 2024.
The mattress and stationary foundation market in 2024 declined 7.7% in sales to $9.2 billion for the year, and dropped 8.8% in units sold to about 36.5 million units, compared to the previous year.
Mattress industry sales decline:
- Second Quarter 2025 sales: 4.3% decline.
- First Quarter 2025 sales: $2.4 billion, 5.7% decline.
- 2024 annual sales: $9.2 billion, 7.7% decline.
The mattress and bedding sector’s declining numbers came in the two years after a major manufacturer filed for bankruptcy protection, restructured its debt, and began closing factories.
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Serta Simmons closing 8th factory since 2022
Iconic mattress company Serta Simmons Bedding, which filed for Chapter 11 bankruptcy in January 2023, revealed it is closing down its Falconer, N.Y., factory and laying off 84 employees.
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Serta Simmons exited bankruptcy in June 2023 after restructuring its debt.
The mattress industry’s second-largest company informed the factory’s employees on Sept. 4 that the plant would close by Oct. 31, WRFA-FM radio reported.
Serta Simmons had not filed a Worker Adjustment and Retraining Notification notice at last check.
The company said it is building “a best-in-class supply chain at SSB.”
Company optimizing its manufacturing footprint
“As part of these efforts, we are optimizing our manufacturing footprint and creating operational efficiencies that best leverage our network so we can continue delivering exceptional service to our retail partners and customers,” Serta Simmons told Furniture Today.
“This includes expanding our operations in some areas and consolidating or closing other operations,” the company said.
The Falconer factory closing will be Serta Simmons’ eighth factory closing since 2022.
Serta Simmons closing California factory
The Doraville, Ga.-based mattress manufacturer and distributor also revealed in June that it would shut down its Moreno Valley, Calif., factory and lay off 180 workers by Sept. 30.
Serta and Simmons became jointly owned in 2010 and merged into one company in 2016.
Simmons Bedding Company was founded by Zalmon G. Simmons in 1870, and became the first manufacturer to mass-produce woven wire mattresses in 1876.
Simmons launched Beautyrest brand 100 years ago
Simmons became the largest mattress company in the world in 1891, and developed and began selling its Beautyrest mattress in 1925.
Serta was founded in 1931 with the introduction of its Perfect Sleeper mattress. It marketed the Sertapedic mattress in the 1950s, a continuous coil innerspring design in the 1980s, and its iComfort Sleep System in 2011.
Currently, Somnigroup, formerly TemperSealy International, is the world’s largest bedding company.
Serta Simmons significant mileposts:
- Simmons Bedding Company founded in 1870.
- Simmons begins mass-producing woven wire mattresses in 1876.
- Simmons was the largest mattress company in world in 1891.
- Simmons launches Beautyrest mattress 1925.
- Serta founded in 1931.
- Serta launches Sertapedic mattress in the 1950s.
- Serta introduces iComfort Sleep System in 2011.
Economic struggles were severe for some mattress and bedding retail chains, such as the parent company of mattress and bedding retail chain Mattress Land.
Mattress Land chain liquidates in Chapter 7
The retail chain filed for Chapter 7 bankruptcy on July 17 to liquidate and close all 15 of its stores in four Western states, including California, Nevada, Idaho, and Washington.
The Fresno, Calif.-based mattress store chain’s owner The Sleep Fit Corp. filed for bankruptcy protection, after liquidating and shutting down all of its stores at the end of June, according to The Business Journal of Fresno.
Related: 63-year-old retail chain winds down in Chapter 11 bankruptcy
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