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Factoids

Factoids offer brief snapshots of current topics pertinent to the Furniture industry based on our on-going research. Increase your grasp of current trends, consumer attitudes, and shifts within the industry through solid statistics and concise insight.

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Factoids

Bedding Industry Sales by Quarter 2020 Q4

Bedding sales in 2020 started the year slowly and then tumbled 11.9% in the second quarter during the pandemic retail closures. This is compared to the same Q2 of 2019. However, sales recovered in the third quarter increasing 13.7% and continued with 9.2% growth to $4.2 billion in Q4.  Year end sales finished at $16.63 billion which is 3.9% over 2019.

Bedding sales recovered in the third quarter of the pandemic increasing 13.7% over the third quarter of last year and continued with 9.2% growth in Q4. Fourth quarter sales totaled $4.2 billion.

2020 was to be the year bedding recovered after struggling in 2019.  And given the events of 2020, the bedding industry was still able to post a 3.9% increase over 2019. But it was the strong performance in the second half of 2020 resulting in 11.6% growth over the second half of 2019 that hopefully will carry the product into 2021.

Source:  Impact Consulting Services, Inc. Furniturecore.com industry model
Note: Previous 2020 Q3 data has been revised and 2020 Q4 is preliminary.



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