Adjustable Bed & Mattress Manufacturing in the US - Industry Market Research Report
Description
Adjustable Bed & Mattress Manufacturing in the US
Adjustable bed and mattress manufacturers are experiencing a decrease in the current period due to various factors. One primary reason is the economic downturn that has resulted from the global COVID-19 pandemic. The pandemic has caused widespread disruptions in supply chains, retail operations and consumer spending patterns. As people face financial uncertainties and prioritize essential expenses, demand for nonessential items like adjustable beds and mattresses has declined. This decrease in consumer demand has led to a drop in production and sales within the industry. Furthermore, the pandemic-related restrictions have affected the housing market, causing a slowdown in homebuying activities, which directly impacts demand for bedroom furniture, including adjustable beds and mattresses. Overall, industry revenue is expected to fall at a CAGR of 2.9% to $1.9 billion going into 2023, including a 0.6% decrease in 2023 alone.
This industry manufactures adjustable beds and mattresses for retailers, wholesalers, consumers and the export market. This industry specifically excludes hospital beds.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
Adjustable bed and mattress manufacturers are experiencing a decrease in the current period due to various factors. One primary reason is the economic downturn that has resulted from the global COVID-19 pandemic. The pandemic has caused widespread disruptions in supply chains, retail operations and consumer spending patterns. As people face financial uncertainties and prioritize essential expenses, demand for nonessential items like adjustable beds and mattresses has declined. This decrease in consumer demand has led to a drop in production and sales within the industry. Furthermore, the pandemic-related restrictions have affected the housing market, causing a slowdown in homebuying activities, which directly impacts demand for bedroom furniture, including adjustable beds and mattresses. Overall, industry revenue is expected to fall at a CAGR of 2.9% to $1.9 billion going into 2023, including a 0.6% decrease in 2023 alone.
This industry manufactures adjustable beds and mattresses for retailers, wholesalers, consumers and the export market. This industry specifically excludes hospital beds.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
Table of Contents
39 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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