Showing posts with label China Mattress Sector. Show all posts
Showing posts with label China Mattress Sector. Show all posts

Thursday, January 19, 2023

China mattress industry has grown in the last five years owing to increasing income levels, and the booming housing market: Ken Research

 China’s mattress market surpassed that of the United States, becoming the largest in the world. With consumption increasing fourteen-fold, the mattress market in China gradually entered a mature stage.

Production Hub for Mattress Manufacturing: China emerged as an important production hub for mattress manufacturing. China’s mattress market developed rapidly because of the growing population in China, increasing income levels, and booming housing market. Other major reasons include the growth of international trade in current times.

Rising Number of Housing Units: The mattress market in China has grown as a result of an increase in house development and rising consumer expenditure on bedding and home furnishings. The desire for a separate room for each family member was fueled by the rise in single-occupancy dwellings and nuclear families, which increased demand for the product.

Corona Impact: The pandemic had impact on practically every industrial vertical. This also applied to the market for mattresses. Because of the fact that mattress manufacturing never actually stopped, the market was only little impacted. However, the supply chain and production process that were affected negatively as a result of lockdowns and travel restrictions.

Analysts at Ken Research in their latest publication “China Mattress Market Outlook to 2027F - by Type (Innerspring Mattresses, Memory Foam Mattresses, Latex Mattresses, and Others), By End User (Residential, Commercial) and Distribution Channel (Offline and Online).” observed that China Mattress Market is expected to showcase considerable growth in the coming five years. It is anticipated to grow more quickly in the next years as a result of rising income level, growing population and the booming housing market. The Mattress Market in China is expected to grow at ~% CAGR over the forecasted period 2022-2027F.


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Key Segments Covered in the report

By Type

  • Innerspring Mattresses
  • Memory Foam Mattresses
  • Latex Mattresses
  • Others (Gel and Hybrid)

By End User

  • Residential
  • Commercial

By Distribution Channels

  • Offline
  • Online

Key Target Audience

  • Mattress Raw Material Producers
  • Mattress Manufacturers
  • Investors
  • Distributors / Retailers / Stockists
  • Mattress Specialist Retailers
  • Mattress Internet Retailers

Time Period Captured in the Report:

Historical Period: 2017-2022P

Base Period: 2022P

Forecast Period: 2022P-2027F

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Companies Covered:

  • Sleemon Xilinmen Furniture Co., Ltd.
  • Jiaxing YuanChang Furniture Supplies Co.,Ltd.
  • Simmons
  • KukaHome
  • Red Apple
  • Man Wah
  • Mlily

Key Topics Covered in the Report

  • China Mattress Market Overview
  • China Mattress Market Segmentation
  • Ecosystem and Business Cycle of China Mattress Market
  • Market Share of Major Players in China Mattress Market
  • Competition Scenario of China Mattress Market
  • Industry Analysis of China Mattress Market
  • Value Chain of China Mattress Market
  • Key Growth Drivers in China Mattress Market
  • End User Analysis of China Mattress Market
  • Key Challenges of China Mattress Market
  • SWOT Analysis of China Mattress Industry
  • Future Outlook of China Mattress Market
  • Trends and Development of China Mattress Market
  • Analyst Recommendations
  • Research Methodology

For more insights on the market intelligence, refer to the link below: –

Future Outlook of China Mattress Market

Related Reports by Ken Research: –

South Africa Mattress Market Outlook To 2023

Saudi Arabia Mattress Market Outlook To 2023

Australia Hotel Mattress Market Outlook to 2025