Mattress Manufacturing Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 8/21/2017
SIC Codes: 2515
NAICS Codes: 337910
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Mattress Manufacturing Industry Profile

Companies in this industry manufacture mattresses and box springs. Major companies include US-based Leggett & Platt, Select Comfort, Serta Simmons, and Tempur Sealy International, as well as Hilding Anders International (Sweden), Recticel (Belgium), and Shandong Fengyang Group (China).

The global mattress market is forecast to reach $33 billion by 2020, according to P&S Market Research, reflecting a compound annual growth rate (CAGR) of 6.3% from 2015. The Asia/Pacific mattress market is expected to achieve a 10.7% CAGR during the period.

The US mattress manufacturing industry includes about 420 establishments (single-location firms and units of multi-location firms) with combined annual revenue of about $8 billion.

COMPETITIVE LANDSCAPE

Demand for mattresses is driven by consumer confidence, disposable income, and population growth. The profitability of individual companies depends on efficient operations and effective marketing. Large companies enjoy economies of scale in manufacturing, marketing, and distribution. Small companies can compete by offering new technologies or better customer service, or by focusing on regional markets. The US industry is highly concentrated: the top 50 companies account for about 85% of industry revenue. The top 15 US mattress brands accounted for about 92% of all bedding shipments in 2015, according to Furniture Today.

Because mattresses are expensive to ship relative to their value, competition from imports is limited. Imports, mainly from China, Mexico, and Canada, account for about 5% of the US market. Exports make up less than ...

 
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