Press release
Australia Mattress Manufacturing industry is projected to become $840 Mn in 2023. Will the Mattress market continue to grow in Australia? Ken Research
Retail Players looking to Switch or Expand into Commercial Segment Owing to Promising Accommodation Pipeline & Slow Retail Growth
Healthy growth of demand for bedding products in Accommodation industry spurred on by growing current & future-focused property investment (AU$ 2 Bn TV in 2019)
Slow growth in Retail/Residential segment due to very low mattress interchange frequency, high cost consciousness & low end-user technical awareness
Highly frequent mattress interchanges (7-8 years) in the Accommodation industry due to considerations upon guest comfort & regular maintenance
Dominance of Retailer-based mattress manufacturers (AH Beard, Sealy etc.) in Accommodation, Retail incorporating significant presence of online Bed-in-a-Box companies
Premium quality mattresses demanded by 5-star Hotels & Resorts while economy-priced & low to medium quality mattresses common in Retail segment
Frequent brand switching in Retail Segment owing to low Customer Loyalty, while Long Term contracts common between accommodation brands & mattress suppliers.
2. Mature yet Resilient Market with Constant Need for Bedding Products
Interested to Know More about this Report, Request a Sample Report: https://www.kenresearch.com/sample-report.php?Frmdetails=MzIxNjc0
Overnight Tourism Expenditure up by 11% from 2017-18 at AU$ 121.1 Bn.
43 Mn Chinese visitors (15% of overall) in 2018-19 up 1% from 2017-18, spending AU$ 11.9 Bn up 6% from 2017-18
NSW, VIC and QLD making up ~83% of all Visitor nights in year ended Sep'19
10,000 rooms expected to be added in 2020 in addition to the 6,000 rooms added in 2019
3. Major Initiatives Aimed at Strengthening the Backbone of the Accommodation Industry, i.e., the Tourism Industry
Visit this link :- Request for Custom Report:
https://www.kenresearch.com/ask-customization.php?Frmdetails=MzIxNjc0
New air agreements signed by the Australian Federal Government paving the way for increased tourist arrivals.
Unrestricted airspace access agreement signed with China in Dec'16 allowed 285,000 Chinese airline seats in 2016 to grow to 1.5 Mn in 2018.
5,000+ member strong Australian Hotels Association (AHA )supported by a network of branches in every state and territory
TAA maps accommodation industry performance representing close to 600+ members and 24 hotel chains.
Tourism 2020 strategy launched in 2009 focusing on increasing tourist arrivals in the country, by doubling overnight visitor expenditure from the figure to AU$ 115-140 Bn by 2020
Increased investment in quality accommodation properties a significant factor in achieving the goal set.
As of June '19 upper bound targets of increasing room supply in the accommodation industry exceeded by 102% .
India
Ken Research is a Market Research and Consulting Firm, based out of India, Indonesia and UAE. Since 2011, we have been assisting clients globally with our Syndicate and Bespoke Market Research and Advisory Services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Australia Mattress Manufacturing industry is projected to become $840 Mn in 2023. Will the Mattress market continue to grow in Australia? Ken Research here
News-ID: 3052957 • Views: …
More Releases from Ken Research
Top Players Are Reshaping the India Telemedicine Market: Who's Leading and Why I …
In 2024, the India Telemedicine market was valued at USD 2.3 Bn, dominated by players such as Practo and Apollo TeleHealth due to their extensive doctor networks and full-stack digital infrastructure. From strategic acquisitions to AI-driven platforms, these leaders are setting new standards for virtual care delivery across India.
New Delhi, April 14, 2025
Ken Research's latest Competitive Landscape Report 2025 on the India Telemedicine Market dissects how dominant players…
Smart Parking for Smart Cities: Unveiling the Future of US Parking Management
What is the Size of US Parking Management Industry?
US Parking Management industry is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028. The parking management in the United States is a substantial industry, driven by factors such as urbanization, increasing vehicle ownership & the need for efficient parking solutions.
The market consists of various types of parking facilities: on-street parking, off-street parking lots,…
The Transformative Growth of the US Acute Myeloid Leukemia Market
What is the Size of US Acute Myeloid Leukemia Industry?
US Acute Myeloid Leukemia Market is expected to grow at a CAGR of ~ % in 2022 and is expected to reach ~USD Mn by 2028. The US Acute Myeloid Leukemia market is the rapid advancement in precision medicine and targeted therapies. The emergence of innovative treatments tailored to the genetic and molecular characteristics of individual AML patients has transformed the…
Shaping the Future of USA Solid Tumor Therapeutics Market
What is the Size of USA Solid Tumor Therapeutics Industry?
USA Solid Tumor Therapeutics Market is expected to grow at a CAGR of ~% between 2022-2028 and is expected to reach ~USD Bn by 2028. The development of novel therapies like immunotherapies (checkpoint inhibitors, CAR-T cells), targeted therapies (kinase inhibitors, monoclonal antibodies), and precision medicine approaches has revolutionized solid tumor treatment, offering more effective and personalized options. Researchers are increasingly exploring…
More Releases for Retail
Driving Retail Innovation: Blockchain Revolutionizes the Retail Sector
[City, Date] - Retail blockchain, hailed as a disruptive technology, is reshaping the retail sector by securely recording digital transactions on a distributed ledger. This innovative approach enables retailers to meticulously track stock origins, exercise precise control over their offerings, and instill trust across various applications including smart contracts, consumer experience management, transaction management, and supply chain management.
The Blockchain in Retail Market is projected to reach $25.8 billion by 2029,…
Retail Clinics Market - Transforming healthcare delivery through retail clinics
Newark, New Castle, USA: The "Retail Clinics Market" provides a value chain analysis of revenue for the anticipated period from 2021 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Retail Clinics Market: https://www.growthplusreports.com/report/retail-clinics-market/7728
This latest report researches the industry structure, sales, revenue,…
India Retail Market Top Key Players – Reliance Retail, V Mart, D Mart, Pantalo …
Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. With the arrival of several new players, Indian retail has become one of the most dynamic and fast industries. The sector is the largest source of employment after agriculture and has deep penetration into rural India generating more than 10 per cent of India’s GDP.
With the advancement in…
Retail IoT Software Market 2020-2026 | Coffee Cloud, Honeywell Connected Retail, …
The Research Insights has included a report, titled a global Retail IoT Software market to its extensive repository. This analytical report has been compiled by using primary and secondary research techniques. The global market research report offers in-depth analysis of global market trends, platforms, drivers, restraints and opportunities. It also presents a complete overview of the global market with respect to current statistics, historical records, and future predictions.
Retail IoT software…
Global Organized Retail Market 2019 - Pantaloons Retail, Reliance Retail, Shoppe …
Organized retailing is the process of selling goods or merchandise all under one roof in a fixed location such as a departmental store, hypermarket, supermarket or even a convenience store. Organized retail also includes internet retailing, which is the process of buying and selling products and services, such as COD, card on delivery, or trial services, through the internet.
Get Free Sample Copy of Report Here: http://bit.ly/2DdvEVA
Scope of the Report:
This report…
Retail Display Industry Segment Analysis by Product Type Touch-screen retail dis …
The displays that are used in retail applications like POS systems, kiosks, ATMs, and digital signage are referred to as retail displays. The touchscreen displays segment in the retail sector accounted for the maximum market share during 2017. In 2018, the global Retail Display market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. In this study,…
