Continued Growth For Mattress Makers

November 18, 2007  by in UnCategorized   

By Home Furnishings Business in Bedding on November 2007 New flammability regulations and technologies will continue to boost the mattress market, which has been growing steadily by an average 11 percent per year even as other segments of the home furnishings industry have slowed, according to a new report by New York-based SBI, a publisher of market research data.

With flammability regulations leading to shorter replacement cycles and consumers more focused on wellness benefits, SBI expects the market value of the U.S. mattress industry, including exports, to grow from $7.6 billion this year to $10.9 billion in 2011. SBI’s definition of the market includes shipments, imports and exports.

“Luxury and specialty (non-innerspring) bedding are showing the most growth and offer companies the highest margins,” said Cathy Minkler, SBI’s associate editor. “Consumer interest in alternatives to standard innerspring mattresses may be partly due to the perception that innersprings are outdated and not state of the art. This is more likely to be a factor for Gen X and Gen Y, for whom innovation is an important part of their lifestyle. More information is available at www.sbireports.com, the company’s Web site.