DUBLIN--(BUSINESS WIRE)--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
