Showing posts with label Mattress Market in Australia. Show all posts
Showing posts with label Mattress Market in Australia. Show all posts

Tuesday, January 28, 2020

Australia Mattress Market Revenue is expected to Reach over AUD 800 Million by the year ending 2023: Ken Research

  In Australia, the Number of Hotel rooms and hospital beds will increase at a CAGR of 1.3% and 2.3% respectively during the period FY’2018-FY’2023E. It will positively increase the demand for mattresses in the country.
  •  Rise in number of Tourists, as well as people going for camping, trekking and traveling in caravans, will result in a rise in mattress sales.
  •  The rising awareness about healthy sleep is a major favorable factor driving mattress sales.
 Increase in number of Tourists: In the future, it is expected that the number of tourists visiting Australia will lead to an increase in the demand for mattresses especially from the hotel chains. Customized mattresses will be largely demanded as Australia is one of the major tourist destinations for outings and camping sites therefore rise in demand for mattresses for caravans, tents and trekking will positively boost the mattress market.
New Technological Innovations: In Australia, it is expected that in future there will be increasing demand for a temperature-controlled mattress which can sense the room temperature and automatically adapt to it by altering its own temperature. Another innovation expected in mattress technology is the self-cleaning mattress; which will use technology such as a vacuum cleaner to get rid of dust particles on its own.
Australia Mattress Market
Raising Awareness about Good sleep: Good sleep includes sleeping with proper posture. The Australian population is becoming more aware of the adverse effects of bad sleep. People are becoming aware that a good mattress can alleviate lower back pain issues. Therefore, raising awareness about good sleep will further augment the growth of the mattress market in Australia.
 Analysts at Ken Research in their latest publication “Australia Mattress Market Outlook to 2023- By Size (King, Queen, Double, Single), By Type (Spring – Pocket and Inner Spring, Foam & Latex and Others), By Distribution Channel (Retail and Direct), By Price (Mass, Economy and Premium), By Organized and Unorganized Segment” believed that the Australia mattress market will increase due to rising demand for camping and caravan mattress, surge in a number of Hospital beds and growth in a number of hotels.
The market is expected to register a positive CAGR of 3.5% in terms of revenue during the forecast period FY’2018-FY’2023E.
Key Segments Covered:-
By Size of Mattress
King and Super Kingsize
Queen size
Double size
Single size
By Type of Mattress
Spring
Foam and Latex
Others
By Type of Spring Mattress
Pocket Spring
Inner Spring
By Distribution Channel
Retail
Direct
By Price Segment
Mass
Economy
Premium
By Market Structure
Organized
Unorganized
By Type of Manufacturing
Domestic Manufacturing
Imports
Key Target Audience
Mattress Fabric Ticking Companies
International Manufacturers
Mattress Retailers
Private Equity Investors
Online Portals
Time Period Captured in the Report:-
Historical Period: FY’2013-FY’2018
Forecast Period: FY’2019-FY’2023
Companies Covered:-
Dyer Holdings Pty Ltd (Sealy)
A H Beard Holdings Pty Ltd
Australia Comfort Group Holdings Pty Ltd.
Fantastic Holdings Limited
Makin Mattresses Pty Ltd
Sleepeezee Bedding Australia
Regal Sleep Solutions
Vanrest Beds Direct
Slumberest Pty Ltd
Koala
Onebed
Ergoflex
Ecosa
Greywing
Sleep Republic
Sleeping Duck
Sommuto
Key Topics Covered in the Report:-
Box beds Mattress Market Australia
Mattress Sale in Australia Market
Waterbeds Market Australia
Ecosa Mattresses Sales Australia
Australia Super King size mattress Market
Orthopedic Mattress Market Australia
Mattress Warranty in Australia Market
Koala Mattress Sales Australia
Sealy Mattresses Sales Australia
Mattress for Luxury Hotels Australia
Mattress for camping and tents Australia
Mattresses for Caravan Australia
Pocket spring Mattress Australia
Innerspring Mattress Australia
Mattress for Hospital beds Australia
Mattress for Hotels Australia
For More Information, Refer To Below Link:-
Australia Mattress Market Outlook
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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Location: Australia

Friday, June 21, 2019

Australia Mattress Market will be driven by Growth in number of Households and Increase in number of Hotels and Hospital beds: Ken Research

“Rising demand for customized mattress coupled with increasing preference for online purchase has driven the mattress market in Australia”
The report Titled “Australia Mattress Market Outlook to 2023 - By Size (King, Queen, Double, Single), By Type (Spring – Pocket and Inner Spring, Foam & Latex and Others), By Distribution Channel (Retail and Direct), By Price (Mass, Economy and Premium), By Organized and Unorganized Segment” by Ken Research suggested that the Mattress the market in Australia has been increasing due to the rising demand for camping and caravan mattress, surge in a number of Hospital beds and growth in the number of Hotel. The market is expected to register a positive CAGR of 3.5% in terms of revenue during the forecast period FY’2018-FY’2023E.
Increasing Customized Mattress Demand: In Australia Mattress market, it has been observed that there is an increase in demand for the customized mattress as they provide convenience and a better quality of sleep; since they are specifically designed for the user, moreover, due to the increase in camping and hiking activities, there has been in increase in customized mattress production. As a developing trend, the companies are focusing more on customized mattresses which are sold online and offline and offer a good sleep to the users.
Increasing Online Business: The last decade in Australia has seen a growth in the online mattress market with a lot of new players entering the market. Consumers prefer to opt for online companies as there is an option to review and order the mattresses from the comfort of home. Increase in smartphone usage, as well as internet connectivity, has fueled the popularity of online mattress companies. The e-commerce market in Australia is on the rise with shoppers preferring to buy mattresses through the company’s website or other e-commerce platforms.
Increase in demand for orthopedic mattress: The advancement in technology has led to several modifications in the mattress especially for better contorting and back support. An orthopedic mattress provides firm support, distributing the body weight to alleviate stress on the spine, relieving painful pressure points, and helping to maintain proper posture. Companies have started designing mattress after consulting with an orthopedist for the ideal comfort for their customers especially those who are back patients.
Rising Sleep Related Ailments: Recent surveys underscored that 4 out of 10 Australian adults report insufficient sleep on a daily or several-days-a-week basis. Inadequate sleep can result from poor sleep habits through choice or pressure from work, family or other demands, or from clinical sleep disorders. Overall these clinical sleep disorders account for approximately half of the inadequate sleep problem, with obstructive sleep apnea and insomnia major contributors. Inadequate sleep, in all its forms, has detrimental impacts on physical and mental health, daytime alertness, mood, work performance, and accident risk. In children poor sleep adversely affects behavior and learning.
Key Segments Covered:-
By Size of Mattress
King and Super Kingsize
Queen size
Double size
Single size
By Type of Mattress
Spring
Foam and Latex
Others
By Type of Spring Mattress
Pocket Spring
Inner Spring
By Distribution Channel
Retail
Direct
By Price Segment
Mass
Economy
Premium
By Market Structure
Organized
Unorganized
By Type of Manufacturing
Domestic Manufacturing
Imports
Key Target Audience
Mattress Fabric Ticking Companies
International Manufacturers
Mattress Retailers
Private Equity Investors
Online Portals
Time Period Captured in the Report:-
Historical Period: FY’2013-FY’2018
Forecast Period: FY’2019-FY’2023
Companies Covered:-
Dyer Holdings Pty Ltd (Sealy)
A H Beard Holdings Pty Ltd
Australia Comfort Group Holdings Pty Ltd.
Fantastic Holdings Limited
Makin Mattresses Pty Ltd
Sleepeezee Bedding Australia
Regal Sleep Solutions
Vanrest Beds Direct
Slumberest Pty Ltd
Koala
Onebed
Ergoflex
Ecosa
Greywing
Sleep Republic
Sleeping Duck
Sommuto
Keywords:-
Mattress Industry in Australia
Mattress Industry Australia
Australia Mattress Market major Players
Australia Mattress Market Future Outlook
Australia Latex Mattress Market
Mattress Sales in New South Wales
Mattress Sales in Sydney Market
Mattress for Hotels Australia
Mattress for Luxury Hotels Australia
Mattress for camping and tents Australia
Orthopedic Mattress Market Australia
Box beds Mattress Market Australia
Mattresses for Caravan Australia
Mattress Sale in Australia Market
Pocket spring Mattress Australia
For More Information, Refer To Below Link:-Australia Mattress Market Outlook
Related Reports by Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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Location: Australia

Monday, June 10, 2019

Australia Mattress Market Outlook to 2023: Ken Research

The report titled “Australia Mattress Market Outlook to 2023 - By Size (King, Queen, Double, Single), By Type (spring – Pocket and Inner Spring, Foam & Latex and Others), By Distribution Channel (Retail and Direct), By Price (Mass, Economy, and Premium), By Organized and Unorganized Segment” provides a comprehensive analysis of the Mattress market in Australia. The report covers various aspects including introduction, pricing analysis, market overview and genesis, trade scenario, trends and developments, issues and challenges, decision-making criteria, competitive landscape, and government regulations. The report concludes with future market projection and analyst recommendations highlighting the major opportunities and cautions.
Australia Mattress Market
Market Overview
Australia the mattress market is at the later growth stage. Australia Mattress industry revenue has increased at a positive single digit CAGR during the period FY’2013-FY’2018. The market is gradually surging with more number of Hotel rooms, increasing the number of hospital beds as well as a number of residential apartments coming up in the country. The customers in the market are looking for comfort and customization at an affordable price. The customers highly price sensitive and high bargaining power due to the presence of many mattress players in Australia.
The Australia mattress market is mostly being dominated by the spring mattress due to a reasonable price range as well as comfort. Luxury hotels and other premium guest houses opt for foam and latex mattresses produced mostly in king size. Increase in Tourism and growing attention towards back problems and spine problems have led to an increase in the sales of customized mattresses.
Australia Mattress Market Segmentation
By Size of Mattress: The the mattress market is dominated by the king and super king size mattress in terms of generating revenue in FY'2018. The increase in the number of Hotels in Australia is one of the major reasons for the increase in demand for a king and super king size mattress. Second highest market share by revenue is accounted for by queen size mattress whereas double and single size mattresses hold the third and fourth highest market share by revenue in Australia mattress market.
By Type of Mattress: Spring mattress dominated the mattress market and contributed a major share in terms of generating revenues in FY’2018. Spring mattresses are the most common mattresses purchased in Australia as they are firm and provide good back support as well as does not cause a disturbance at night due to the movement of the partner. Other mattresses such as air mattresses, waterbeds and bed heads accounted second highest market share, whereas Foam & Latex mattresses accounted for a mere revenue share in FY’2018.
By Type of Spring Mattress: The major share by type of spring mattress is held by pocket spring mattresses due to its higher spring count and a number of individual springs. This makes the mattress more comfortable and better for sleep. Innerspring mattresses hold the second highest market share. These mattresses are firm and have a complete steel coil support system making it a little hard.
By Type of Distribution Channel: The mattress market in Australia in FY’2018 was dominated by the retail sector. People prefer to choose amongst price, comfort, quality, and style of the mattress according to their preference and a retail store allows the consumer to choose amongst these options. The direct channel has accounted second highest market share as the direct market usually caters to hotels, hostels, and hospitals who buy mattresses in bulk.
By Price Segment: Mass-market had the largest share by revenue in FY’2018 as the prices of mattresses in this category are lower when compared to the economy and premium range, mass mattresses are used mostly in hospitals as well as hostels and smaller hotels. The economy market has the second largest market share in terms of revenue. Most of the mattresses purchased by homeowners belong to this category. Premium mattress market had the third largest share in FY’2018.
By Market Structure: Australia The mattress market is largely dominated by the organized market owing to the significant presence of the local and the international players.
By Type of manufacturing: Most of the mattresses which are sold in Australia are manufactured locally in the country. Imports accounted for a mere share in the Australia mattress market.
Competitive Landscape
The Australia mattress market is concentrated. The market has numerous players operating in the market. The major players in the market are Sealy, Comfort Group, Makin Mattress, Vanrest Beds Direct, Sleepeezee, Slumberest, Ergoflex, Sleep Republic, Sleeping Duck, Koala, AH Beard, Greywing and Ecosa. These players compete on the basis of Price, Quality, after sale service, customization and Brand value.
Australia Mattress market Future Outlook
Australia mattress market in terms of revenue will increase at a positive single digit CAGR during the period FY’2018 – FY’2023E. The demand for mattresses will be further augmented with the growth in the Hotel rooms. Increasing demand from hospitals is likely to drive future demand for mattresses with companies adopting pocket springs as well as foam and Latex mattresses for customers that prefer mattresses to support their back and have qualities for better sleep.
Key Segments Covered:-
By Size of Mattress
King and Super King size
Queen size
Double size
Single size
By Type of Mattress
Spring
Foam and Latex
Others
By Type of Spring Mattress
Pocket Spring
Inner Spring
By Distribution Channel
Retail
Direct
By Price Segment
Mass
Economy
Premium
By Market Structure
Organized
Unorganized
By Type of Manufacturing
Domestic Manufacturing
Imports
Key Target Audience
Mattress Fabric Ticking Companies
International Manufacturers
Mattress Retailers
Private Equity Investors
Online Portals
Time Period Captured in the Report:-
Historical Period: FY’2013-FY’2018
Forecast Period: FY’2019-FY’2023
Companies Covered:-
Dyer Holdings Pty Ltd (Sealy)
A H Beard Holdings Pty Ltd
Australia Comfort Group Holdings Pty Ltd.
Fantastic Holdings Limited
Makin Mattresses Pty Ltd
Sleepeezee Bedding Australia
Regal Sleep Solutions
Vanrest Beds Direct
Slumberest Pty Ltd
Koala
Onebed
Ergoflex
Ecosa
Greywing
Sleep Republic
Sleeping Duck
Sommuto
Key Topics Covered in the Report:-
Executive Summary
Research Methodology
Australia Mattress Market Value Chain Analysis
Australia Mattress Market Size by Revenue (FY’2013-FY’2018)
Australia Mattress Market Segmentation (FY’2018)
Australia Mattress Market Segmentation by Size of Mattress (King size, Queen Size, Double size, and single size)
Australia Mattress Market Segmentation by type of Mattress (spring, Latex and Foam, and others)
Australia Mattress Market Segmentation by type of spring (Pocket spring and Innerspring)
Australia Mattress market Segmentation by Distribution channel (Retail and Direct)
Australia Mattress market Segmentation by type of organized market (Mass, Economy, and Premium)
Australia Mattress market Segmentation by Market Structure (Organized and Unorganized)
Australia Mattress market Segmentation by type of manufacturing (Domestic and Imports)
Australia Mattress market Trade Scenario
Australia Mattress market Decision-Making Process
Australia Mattress market Trends and Developments
Issues and Challenges in Australia Mattress Market
Porters Five Forces Analysis
Competitive Landscape of Major players in Australia Mattress market
Australia Mattress Market Future Outlook and Projections
Analyst Recommendation in Australia Mattress Market
For More Information, Refer To Below Link:-
Australia Mattress Market Outlook
Related Reports By Ken Research:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
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Labels: , , , , , ,
Location: Australia
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