When the residential real estate market dipped due to the subprime mortgage crisis, consumers bought fewer homes and, therefore, fewer beds and mattresses over the past five years. Due to the tough conditions, most stores thinned their workforce and lowered wages to remain in business. However, as disposable income and new household formation rebound, so too will Bed and Mattress Stores revenue. Pent-up demand, as well as enticing new technology, will lift revenue in the five years to 2020.
This industry sells sleep equipment, including mattresses, box springs, cots, bedding, pillows and waterbeds. The industry excludes wholesale furniture distributors such as department stores or direct non-store retailers, as well as sales of other bedroom furniture. Revenue from sales of sleep sofas, daybeds, futons and other dual-purpose furniture is not included in industry revenue.
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.