Industry Analysis & Industry Trends
Lower income levels hampered demand during the recession as consumers were less likely to invest in high-end adjustable beds and mattresses. Nevertheless, the improved housing market, higher incomes and new technologies in industry products will support growth over the next five years. In particular, the aging population will aid demand, as these consumers typically demand adjustable beds and mattresses more than the younger demographic.... purchase to read more
Industry Report - Industry Key Buyers Chapter
Industry concentration measures the extent to which major players dominate an industry. Concentration is expected to remain high, with the top three players accounting for more than 70.0% of industry market share. Select Comfort dominates the market with 38.9% market share.
Throughout the recession, all industry companies dealt with plunging revenue and profit, a response to falling global demand. Low company budgets, coupled with the lack of available loans from banks due to the credit crises, impeded companies from acquiring smaller companies and increasing market share concentration, however, acquisition activity revived as the economy improved. For example, Tempur-Pedic International acquired Sealy International in 2013... purchase to read more