Beauty sleep: Industry sales will surge as incomes rise and the housing market improves

Over the five years to 2017, 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 2022, the continued but diminishing growth of the housing market and increasing disposable income will help boost demand for mattresses...purchase to read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 12-17
17.0%
Forecast Growth 17-22
Profit
Employment
4,400
Businesses
87

Industry Threats & Opportunities

  • New technology in adjustable beds and mattresses is helping the industry win over customers
  • Competition from abroad is expected to increase, bolstered by appreciation of the dollar
  • Improvements in per capita disposable income and the general economy are expected to drive sales
  • Industry Report - Industry Key Buyers Chapter

    Market share concentration measures the extent to which major players dominate an industry. Concentration is expected to remain moderate, with the top three players accounting for an estimated 54.6% of industry revenue. Tempur-Sealy and Select Comfort both dominate the market with a 25.2% and 21.0% market share in 2017.During the early recovery, all industry companies were forced to adopt following years of plunging revenue and profit, a response to falling global demand. With the lifting of constrained company budgets and its decoupling with tight lending conditions in the wake of the credit crises, allowed manufacturers to acquire smaller companies and increase their market share. For example, Tempur-Pedic International acquired Sealy International in 2013. The...purchase to read more.

    Additional Insights for the Adjustable Bed & Mattress Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Adjustable Bed & Mattress Manufacturing Industry are

  • Proximity to key markets
  • Having a good reputation
  • Guaranteed supply of key inputs
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Number of adults aged 50 and older in the Adjustable Bed & Mattress Manufacturing industry impact industry performance..

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    Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Number of adults aged 50 and older
  • Value of residential construction
  • Households earning more than $100,000
  • External competition

  • Current Performance
  • Improved demand
  • External competition and high costs
  • Technology creates an edge
  • Chart: Revenue Growth

  • Industry Outlook
  • Positive trends
  • Changing costs and profit
  • Industry expansion
  • Table: Adjustable Bed & Mattress Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Adjustable Bed & Mattress Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Furniture Wholesaling
  • Furniture Stores
  • Hospitals
  • Consumers

  • Key Selling Industries
  • Hardware Manufacturing
  • Textile Mills
  • Urethane Foam Manufacturing
  • Wire & Spring Manufacturing

  • Products & Services
  • Adjustable mattresses
  • Adjustable bases
  • Chart: Adjustable Bed & Mattress Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Disposable income
  • Growth in the housing market
  • Price
  • Other factors

  • Major Markets
  • Specialty bedding stores
  • Furniture Stores
  • Other
  • General retailers
  • Accommodation sector
  • Exports
  • Chart: Major Market Segmentation for the Adjustable Bed & Mattress Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesMarketingOther
  • Chart: Cost Structure Benchmarking – Sector vs Adjustable Bed & Mattress Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Adjustable Bed & Mattress Manufacturing Industry

  • Industry Globalization
    Tempur Sealy International Inc., Sleep Number Corporation, Leggett & Platt Inc.,
  • Table: Tempur Sealy International Inc. - financial performance
  • Table: Sleep Number Corporation - financial performance
  • Table: Leggett & Platt Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Adjustable Bed & Mattress Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Adjustable Bed & Mattress Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Households earning more than $100,000 (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Innerspring
  • Any mattress constructed around a core of tempered coil springs.
  • Latex
  • A spongy material produced from either natural or synthetic rubber.
  • Lean Manufacturing
  • A process used by manufacturers that involves making one mattress at a time instead of as a part of an unfinished set.
  • Memory Foam
  • A material used in mattresses that molds to the shape of the human body and increases comfort. The material returns to its original shape once the pressure of the body is removed.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Adjustable Bed & Mattress Manufacturing Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Adjustable Bed & Mattress Manufacturing industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Adjustable Bed & Mattress Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Adjustable Bed & Mattress Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Adjustable Bed & Mattress Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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