Industry Analysis & Industry Trends
When the residential real estate market dipped due to the subprime mortgage crisis, consumers bought fewer homes and, therefore, fewer beds and mattresses over the past five years. Due to the tough conditions, most stores thinned their workforce and lowered wages to remain in business. However, as disposable income and new household formation rebound, so too will Bed and Mattress Stores revenue. Pent-up demand, as well as enticing new technology, will lift revenue in the five years to 2020.... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry is characterized by having a low level of concentration, with the top three players accounting for 37.9% of industry revenue. This leaves 62.1% of industry revenue, with each operator generating an average $1.0 million in 2015. Because of the industry's highly fragmented nature, each remaining player accounts for less than 1.0% of industry revenue.
Market share concentration has strongly risen in the past five years. Concentration rose as a result of underperforming firms going out of business and acquisitions. For instance, major player Mattress Firm acquired Mattress Giant in April 2012, with the acquisition expected to boost the company's market share from 5.0% in 2010 to 20.9% in 2015... purchase to read more