Mattress Manufacturing in Canada
The Mattress Manufacturing industry has experienced volatile revenue growth over the past five years, as characterized by annual declines. However, the industry grew over the five years to 2017. Sluggish growth in per capita disposable income at the outset of the period led to lower-than-expected unit sales and average selling prices. These issues were compounded by rising global competition from foreign multinational manufacturers. New residential construction over the period helped spur demand for industry products because consumers typically purchase mattresses when buying new homes. Manufacturers further benefited from a depreciating Canadian dollar, which helped boost exports, an increasingly important component of industry revenue. IBISWorld anticipates industry revenue growth to struggle over the next five years as consumer debt and housing prices continue to rise.
Operators in this industry are primarily engaged in manufacturing innerspring, box spring and noninnerspring mattresses that are mainly sold through retail, wholesale, direct and export channels to households and companies in the hospitality and healthcare sectors.
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.
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