Press release
Australia Mattress Market Revenue is expected to Reach over AUD 800 Million by the year ending 2023: Ken Research
Key Findings• In Australia, 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 of 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 of mattress sales.
• The rising awareness about healthy sleep is a major favorable factor driving mattress sales.
Increase in number of Tourists: In future, it is expected that number of tourists visiting Australia will lead to 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 of mattress 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 temperature controlled mattress which can sense the room temperature and automatically adapt to it by altering its own temperature. Another innovation expected in the mattress technology is the self cleaning mattress; which will use a technology such as a vacuum cleaner to get rid of dust particles on its own.
Rising Awareness about Good sleep: Good sleep includes sleeping with proper posture. The Australian population is becoming more aware about the adverse effects of bad sleep. People are becoming aware that a good mattress can alleviate lower back pain issues. Therefore, rising awareness about good sleep will further augment the growth for 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 number of Hospital beds and growth in 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.
For more information, refer to below link:
https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/australia-mattress-market/214917-95.html
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 Type of Organized Market
• 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’2023E
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
• 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 Inner spring).
• 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
Related Reports
https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/indonesia-mattress-market-report/139658-95.html
https://www.kenresearch.ae/consumer-products-and-retail/home-and-office-furnishings/vietnam-mattress-market/142269-95.html
https://www.kenresearch.com/consumer-products-and-retail/home-and-office-furnishings/philippines-mattress-market-report/100871-95.html
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a Global aggregator and publisher of Market intelligence, equity and economy reports. We provides business intelligence and operational advisory in 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies.
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