Mattress Manufacturing in China - Market Research Report (2012-2027)
Beijing, China
Last Updated: December 2022
3219Revenue
$16.5bn
Past 5-Year Growth
Profit
$X.Xbn
Employees
145k
Businesses
1,062
Wages
$XXX.Xm
Mattress Manufacturing in China industry analysis
The Mattress Manufacturing industry in China has developed rapidly in recent years due to China's growing population, increasing income levels, the booming housing market, and growing demand from hotels. Industry revenue is expected to total $16.5 billion in 2022, up 15.5% from 2021, having grown by an annualized 15.0% over the past five years. Industry profit is relatively high, accounting for 9.6% of revenue in 2022, although margins have been squeezed by increasing raw material prices and labor costs.
Industry Overview
Market size and recent performance (2012-2027)
Industry revenue has grown at a CAGR of 15.0% over the past five years, to reach an estimated $16.5bn in 2022.
Trends and Insights
- The Mattress Manufacturing industry in China has developed rapidly in recent years due to China's growing population, increasing income levels, the booming housing market, and growing demand from hotels.
- Additional trends and insights available with purchase
Biggest companies in the Mattress Manufacturing in China
| Company
2022 | Market Share (%)
2022 | Revenue ($m)
2022 | Profit ($m)
2022 | Profit Margin (%)
2022 |
|---|---|---|---|---|
Xilinmen Furniture Co. Ltd. | ||||
De Rucci Bedding Co. Ltd. | ||||
Healthcare Co. Ltd. |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Innerspring mattresses, Memory Foam mattresses and Latex mattresses. Innerspring mattresses is the largest segment of the Mattress Manufacturing in China.
Trends and Insights
Traditionally, the Chinese have considered hard beds better for health than soft beds.
- As a result, palm and wood mattresses have been the major products in the market. However, with the global integration of consumer markets in recent years, the product categories of mattresses in China have diversified, and innerspring mattresses, latex mattresses, air mattresses are growing in popularity.
- More insights available in the full report
Widen you competitive advantage with related industries
Related Domestic Industries
- This industry manufactures various wooden furniture products.
- This industry manufactures various metal furniture products.
- This industry retails furniture products including mattresses.
Table of Contents
About this industry
Industry definition
The Mattress Manufacturing industry in China has developed rapidly in recent years due to China's growing population, increasing income levels, the booming housing market, and growing demand from hotels. Industry revenue is expected to total $16.5 billion in 2022, up 15.5% from 2021, having grown by an annualized 15.0% over the past five years. Industry profit is relatively high, accounting for 9.6% of revenue in 2022, although margins have been squeezed by increasing raw material prices and labor costs.
What's included in this industry?
Manufacturing innerspring mattressesManufacturing memory foam mattressesManufacturing latex mattressesManufacturing palm mattressesManufacturing other mattress productsInnerspring mattressesMemory Foam mattressesLatex mattressesPalm mattressesOther mattressesCompanies
Xilinmen Furniture Co. Ltd.De Rucci Bedding Co. Ltd.Healthcare Co. Ltd.Purchase this report to view all 5 major companies in this industry.
Related Terms
INNERSPRING MATTRESSMATTRESS TICKINGVISCOELASTIC FOAMIndustry Code
3219 - Mattress Manufacturing in China
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Downstream Demand - Accommodation and Food Services. Hotels are an important downstream market for mattress manufacturers. The domestic tourism sector in China has been growin...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2012-2021) and forecast (2022-2027)
- Employees, including historical (2012-2021) and forecast (2022-2027)
- Businesses, including historical (2012-2021) and forecast (2022-2027)
- Profit, including historical (2012-2022)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Traditionally, the Chinese have considered hard beds better for health than soft beds. As a result, palm and wood mattresses have been the major products in the market. Howeve...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2022
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2022
- Major market segmentation in 2022
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Since many large mattress manufacturers are also engaged in the manufacture of other home furnishings, the business locations of this industry are very similar to that of Chin...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2022
Tables
- Number and share of establishments in each region in 2022
- Number and share of revenue each region accounts for in 2022
- Number and share of wages each region accounts for in 2022
- Number and share of employees in each region in 2022
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Production of goods currently favored by the market. Mattress manufacturers must be able to adjust their production processes to meet demand for different mattress types. Prem...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2017-2022
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Xilinmen Furniture Co. Ltd. was established in 1993 in Zhejiang province. The company has 14 subsidiaries and produces household and hotel furniture, as well as invests, produ...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2018 through 2022
- Major companies in the industry, including market share, revenue, profit and profit margin in 2022
- Overview of Xilinmen Furniture Co. Ltd.'s performance by revenue, market share and profit margin from 2016 through 2022
- Overview of De Rucci Bedding Co. Ltd.'s performance by revenue, market share and profit margin from 2016 through 2022
- Overview of Healthcare Co. Ltd.'s performance by revenue, market share and profit margin from 2016 through 2022
- Overview of revenue, market share and profit margin trend for 2 additional companies
Detailed analysis
- Description and key data for Xilinmen Furniture Co. Ltd., and factors influencing its performance in the industry
- Description and key data for De Rucci Bedding Co. Ltd., and factors influencing its performance in the industry
- Description and key data for Healthcare Co. Ltd., and factors influencing its performance in the industry
- Description, key data and performance trends for 2 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Companies in the industry are required to manufacture mattresses in accordance with several national standards, such as Upholstery Furniture: Innerspring Mattresses (QB/T 1952...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
Detailed analysis
- Demographic and macroeconomic factors influencing the industry
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2012-2027)
- IVA (2012-2027)
- Establishments (2012-2027)
- Enterprises (2012-2027)
- Employment (2012-2027)
- Exports (2012-2027)
- Imports (2012-2027)
- Wages (2012-2027)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources globally include:
- United Nations Comtrade
- Organization for Economic Cooperation & Development
- World Bank
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the estimated market size of the Mattress Manufacturing industry in China in 2022?
The market size of the Mattress Manufacturing industry in China is $16.5bn in 2022.
How many businesses are there in the Mattress Manufacturing in China industry in 2022?
There are 1,062 businesses in the Mattress Manufacturing industry in China, which has declined at a CAGR of 2.1% between 2017 and 2022.
Has the Mattress Manufacturing industry in China grown or declined over the past 5 years?
The market size of the Mattress Manufacturing industry in China has been at a CAGR of 15.0% between 2017 and 2022.
What is the forecast growth of the Mattress Manufacturing industry in China over the next 5 years?
The Mattress Manufacturing in China market is forecast to over the five years from 2022 to 2027
What are the biggest companies in the Mattress Manufacturing market in China?
The biggest companies operating in the Mattress Manufacturing market in China are Xilinmen Furniture Co. Ltd., De Rucci Bedding Co. Ltd. and Healthcare Co. Ltd.
What does the Mattress Manufacturing in China include?
Manufacturing innerspring mattresses and Manufacturing memory foam mattresses are part of the Mattress Manufacturing industry.
Which companies have the highest market share in the Mattress Manufacturing in China?
The company holding the most market share in China is Xilinmen Furniture Co. Ltd..
How many people are/were employed in the Mattress Manufacturing in China in 2022?
There are 145k employed in the Mattress Manufacturing industry in China 2022.
