Showing posts with label Latex Mattress Sales Indonesia. Show all posts
Showing posts with label Latex Mattress Sales Indonesia. Show all posts

Monday, September 25, 2017

Indonesia Mattress Market is Expected to Cross USD 350 Million by 2021: Ken Research

Indonesia Mattress Market by Revenue and Sales Volume, market segmentation by size of mattress (King Size, Queen Size, Single Size), by Type of Mattress (Spring, Latex, Hybrid, Foam, by Market Structure (Organized Sector and Unorganized Sector, by Urban and Rural Demand, by Regional Demand (Jakarta, Bali, Surabaya), by Mode of Distribution (Retail, Direct and Online), by End User (Residential and Non-Residential Sector), by Institutional Sector and  by major players such as Dunlopillo Indonesia, Massindo Group (Spring Air Indonesia), Tempur Sealy International Inc, King Koil Indonesia, Serta Indonesia, Sealy Indonesia, Romance Bedding and Furniture, Violand Mattress Manufactures Indonesia and Spinno Indonesia.
  • Growing health concerns such as mental tiredness and fatigue are affecting an individual’s sleep quality which is expected to create demand for premium mattresses in the country.
  • Entry of international players such as Tempur and others to the mattress market is expected to increase the market revenue by introduction of new variety of mattresses.
Rising population in Indonesia which is leading to increased rate of home ownership is expected to create demand for mattresses for residential segment. Migration of consumers from rural to urban areas is an important driver of housing demand in Indonesia, where the youth consumers among the population is laying severe pressure on housing supply. The ongoing expansion projects in the hospitality industry including hotels to increase their capacity are expected to augment the demand for mattresses in the non-residential segment in Indonesia.
Mattress manufacturers are planning to increase their budget in order to produce technologically advanced mattresses in comparison with traditional cotton filled mattresses. Inclusion of online retailing as a part of distribution channel is expected to set an opportunity for the mattress companies to increase the number of customers and ensure a wider reach.
Investment in hybrid mattress segment, promote omni channel marketing, improve after sales services, improve online retailing and marketing channels; and expansion to rural areas are some other key factors that may have a positive impact on the market creating additional demand for Indonesia mattress market in future, according to the analyst at Ken Research.
Ken Research in its latest study, Indonesia Mattress Market by Type (Spring, Latex, Hybrid, Foam), Size (King, Queen, Single Size), by End Users (Residential, Non Residential) and Region - Outlook to 2021 suggested that Dunlopillo Indonesia and Massindo Group (Spring Air Indonesia) will continue their dominance but have to face fierce competition and an expected price war with Tempur Mattress, King Koil Indonesia, Serta Indonesia, Sealy Indonesia, Romance Bedding and Furniture, Violand Mattress Manufacturers Indonesia, Spinno Indonesia and others who have plans to manufacture different types of mattresses in order to diversify their market in Indonesia.
Indonesia mattress market is estimated to register a positive CAGR during 2017 to 2021. The market is moving towards significant consolidation on account of rising merger and acquisition activities in the country, which are expected to showcase a rise in demand for customized mattresses in Indonesia mattress market.
Key Topics Covered in the Report:
Mattress Production in Indonesia
Popular Mattress Brands Indonesia
Rubber Foam Mattress Indonesia
Investment in Mattress Sector Indonesia
Latex Mattress Sales Indonesia
Hospital Bed Mattress Indonesia
Bedding Market Indonesia
Growth Driver Mattress Sales Indonesia
King Koil Mattress Indonesia
To know more about the research report:
Related Reports by Ken Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204

Wednesday, September 20, 2017

Increasing Preference towards Customized Mattresses to be the Major Trend in Indonesia Mattress Market: Ken Research

The Mattresses available in Indonesia are customized in accordance with Consumer Expectations, thus allowing one mattress to have different color tones, size, design and layers
The report titled “Indonesia Mattress Market by Type (Spring, Latex, Hybrid, Foam), Size (King, Queen, Single Size), by End Users (Residential, Non Residential) and Region - Outlook to 2021” by Ken Research suggested a positive CAGR for revenues and sales volume of mattresses in Indonesia for the projected period 2017 to 2021.
The mattress market for sales witnessed a constant growth in Indonesia owning to growing awareness over the health benefits of good quality sleep, rising residential construction, hospitality and tourism sector in the country. These revenues were derived from both residential and non-residential sales. The customizable mattresses in Indonesia are more in demand and are basically driven by more convenience level, overall sleep quality, growing demand for interior designing and other sleep related factors. These mattresses are structurally modified to conform to consumer physical needs keeping in mind their height, weight, age range, body shape and others are made available by mattress companies. People in Indonesia are witnessed to shift from traditional sleep box mattresses to customizable ones. The mattresses are customized in accordance with consumer expectations, thus allowing one mattress to have different color tones, size, design and layers. The technologies used in Indonesia to produce mattresses in order to meet quality standards are gaining importance in foreign countries, thus leading high exports of customized mattresses from Indonesia.
Mimpi, a newly established tech-startup in Jakarta region, has recently launched its high end luxury mattresses which are sold exclusively online in Indonesia. The design, along with a free, 100 days home try exchange program, makes it easy for customers to adapt to fit changes in their lifestyles at any time. Indonesia’s e-commerce market is on track to be one of the leading amongst Asia, utilizing mobile-first platforms to provide all Indonesians with convenient access to buy mattresses online.
Key Topics Covered in the Report
Popular Mattress Brands Indonesia
Profit Margin in Mattress Indonesia
Online Sales Mattress Mimpi
Mattress Manufacturing in Indonesia
Hospital Bed Mattress Indonesia
Export Mattress Indonesia
Mattress Production in Indonesia
King Koil Mattress Indonesia
Rubber Foam Mattress Indonesia
Investment in Mattress Sector Indonesia
Massindo Group Mattress Sales Indonesia
To know more about the research report:
Related Reports by Ken Research
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204