The growth in the real estate market along with extensive research and development activities are expected to drive the mattresses market in the future.
Ken Research announced its latest publication on “Asia Pacific Mattresses Market Outlook to 2018” which provides a comprehensive analysis of mattresses market in Asia Pacific region and in leading countries. The report covers various aspects such as market size by revenue through mattresses sales and market segmentation by revenue by types of mattresses (spring and coir mattresses, foam mattresses and hybrid mattresses) and by geography. The report also entails a detailed description on the recent trends and developments, growth drivers, brand analysis and restraints in the market and the competitive scenario of major players in the industry along with the market share of major companies in Asia Pacific Mattresses Market. The report is useful for mattresses manufacturing companies, marketing companies, dealers, other manufacturing companies followed by new countries and players venturing in the market.
The potential factors which have helped in surging the demand for mattresses in the Asia Pacific region include the rising number of health conscious people who are now ready to spend increasing amounts for health benefits, rapid urbanization in the region, increasing affordability of mattresses and an inclining per capita total expenditure on luxury goods. These factors have cumulatively bolstered the overall market for furniture and furnishings in the Asia Pacific region in the recent years. Asia Pacific mattress market is highly fragmented and consists of both major international companies and small businesses operating on a local scale. The combined revenue of the market in the region including China, India and Australia and other countries was valued at USD ~ million in 2013, inclining at a CAGR of ~11% from USD ~ million in 2008.
According to the research report, mattresses revenue is anticipated to register a magnificent CAGR of over 13% during the forecasted period 2013-2018 due to developing economy and gradual rise in awareness for good mattresses.
“The developing economies in India, China and other countries, rising income, changing consumer demographics, enhancement of the real estate market, tourism and hospitality industry are expected to guide the growth of the Asia Pacific mattress industry in the region in the future. Tourism in countries such as India and China has been increasing rapidly and steadily, thus likely to lead to a rise in demand for mattresses in Asia pacific region. The key innovations in the comfort industry such as pillow top bed and intelligent mattresses are expected to escalate the growth of high quality mattresses.” – According to the Research Analyst, Ken Research.
Key Topics Covered in the Report:
Asia Pacific Mattresses Market
– Market Size by revenue through mattresses sales
– Market Segmentation by
o By types of mattresses (spring and coir mattresses, foam mattresses and hybrid mattresses)
o Geography
– Trends and Development, Growth Drivers, Brand Analysis
– SWOT Analysis
– Competition and Market Share of Leading Companies
– Future Outlook & Projections
– Macro Economic Parameters
Countries Covered
India
China
Japan
Australia
Companies Covered in the Report
Simmons Bedding Company
Serta
Tempur Sealy International and Its Segments
King Koil
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