Industry Analysis & Industry Trends
Over the five years to 2016, revenue for the Adjustable Bed and Mattress Manufacturing industry is expected to continue surging from a low base during the recessionary period. Like most producers of discretionary consumer goods, adjustable bed and mattress manufacturers experienced renewed demand over the period in light of improving economic conditions, particularly in the real estate market and income levels. In addition to the revived real estate market, disposable incomes are anticipated to rise from low levels, benefiting adjustable bed and mattress manufacturers. In the five years to 2021, the continued but diminishing growth of the housing market and increasing disposable income will help boost demand for mattresses.... purchase to read more
Industry Report - Starting a New Business Chapter
The Adjustable Bed and Mattress Manufacturing industry has a significant level of concentration. Consequently, the dominance of existing players creates a barrier for new entrants in establishing links with key suppliers and customers. Companies must invest heavily in marketing and promotional activity to build brand and market awareness.
Initial startup costs in this industry can be high. New entrants need to consider the costs of capital equipment, research and development, marketing and the purchase of raw materials. These high costs can discourage new operators from entering the industry.
Industry manufacturers also need to consider establishing distribution networks with upstream and downstream suppliers... purchase to read more