AP NEWS

Global Mattress Market with Focus on the U.S. and Canada: Industry Analysis & Outlook (2018-2022) - ResearchAndMarkets.com

September 25, 2018

DUBLIN--(BUSINESS WIRE)--Sep 25, 2018--The “Mattress Market with Focus on U.S. and Canada: Industry Analysis & Outlook (2018-2022)” report has been added to ResearchAndMarkets.com’s offering.

In the year 2017, the global mattress market was moving forward at a rapid rate with increase in the consumer spending, growth in the construction sector and home renovation.

Significant growth in the market is expected in future because of the rise of online retailers and effective use of advertisements and introduction of innovative products. The manufacturers will attract the consumers with the launch of various innovative product offerings and start-ups will increase the demand for mattresses.

The U.S. dominated the global mattress market with extensive digital marketing and advertisement network. Change in the lifestyle of working population and requirement of convenient and fast purchasing options helped in the expansion of mattress market in the U.S. as well as Canada. The importance and awareness of the technology is becoming the focus for manufacturing industries as well as consumers, which will lead to a significant progress in the coming years.

The mattress market remained quite consolidated in 2017. Advancement in technology like online branding and introduction of smartphone applications will show promising development in mattress market. The companies are further expanding their operations and production through digital network, specialized manufacturing and advertisements.

Market Dynamics

Growth Drivers

Increasing Consumer Spending Increasing Momentum of Accessory Segment Rapid Urbanization Enhanced Store Designs Well Trained Staff at Stores Growth in Construction Sector and Home Renovation Increasing Housing Starts in Canada

Trends

Inclination towards Comfort of Mattress Shoppers Rise of Online Retailers Introduction of Online Bed-in-a-Box Effective Use of Advertisements

Challenges

Higher Input Costs Decreasing Brand Awareness for Traditional Mattress Brands Expensive to Stand Out in Paid Research Loss of Relationship with One or More Key Suppliers

Companies Featured

Sleep Country Canada Holdings Dorel Industries Sleep Number Corporation Tempur Sealy International Sealy Corporation Serta Simmons Tempur Pedic

Key Topics Covered

1. Mattress Market - An Overview

2. Global Market Analysis

3. The U.S. Mattress Market

4. Canada Mattress Market

5. Market Dynamics

6. Competitive Landscape

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/fpcj9m/global_mattress?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180925005874/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Beds and Bedding

KEYWORD: UNITED STATES NORTH AMERICA CANADA

INDUSTRY KEYWORD: HOME GOODS RETAIL

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 09/25/2018 11:17 AM/DISC: 09/25/2018 11:17 AM

http://www.businesswire.com/news/home/20180925005874/en

AP RADIO
Update hourly