Continued import penetration and the reticence of consumers to spend on household items (notably furniture and whitegoods) have challenged the Mattress Manufacturing industry over the past five years. The underlying demand for mattresses continues to be supported by the steady upward trend in Australia's population, general economic growth and demand for beds for hotel guests and hospital patients.
Industry revenue is projected to climb by 1.8% in 2014-15 to reach $583.0 million, supported by solid growth in new housing construction, stronger investment into hotel construction and increased household expenditure on furniture products.
Mattress manufacturers produce a range of sleeping products like mattresses, pillows or cushions (except those made of rubber), largely for households, hospitals and hotel and motel accommodation.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.